Inventurus Knowledge Solutions IPO
Inventurus Knowledge Solutions IPO — date, price band, lot size & details 2024
Inventurus Knowledge Solutions listed on 19 Dec 2024 at ₹1,900, 43% above the ₹1,329 issue price.
Inventurus Knowledge Solutions is a technology-enabled healthcare solutions provider running a care enablement platform for physician enterprises, mainly in the US. Its total income was Rs 1,857.94 crore in FY2024.
Stock price
Inventurus Knowledge Solutions is listed — here is the live share price.
Timetable
Key dates from opening to listing. Today is 11 November.
- Open 12 Dec 2024
- Close 16 Dec 2024
- Allotment 17 Dec 2024
- Refund/credit 18 Dec 2024
- Listing 19 Dec 2024
Issue summary
The terms of the offer, as filed.
| IPO Dates | 12 to 16 Dec, 2024 |
|---|---|
| Price Band | ₹1265 – ₹1329 |
| Face Value | ₹1 |
| Lot Size | 11 Shares |
| Issue Size | ₹2497.92 Cr |
| Sale Type | OFS only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,619 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 11 shares at the ₹1329 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 11 | ₹14,619 |
| Retail (max) | 13 | 143 | ₹1,90,047 |
| S-HNI (min) | 14 | 154 | ₹2,04,666 |
| S-HNI (max) | 68 | 748 | ₹9,94,092 |
| B-HNI (min) | 69 | 759 | ₹10,08,711 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 784.47 crore in FY2022 to Rs 1,857.94 crore in FY2024.
- 02Profit after tax rose from Rs 232.97 crore in FY2022 to Rs 370.49 crore in FY2024.
- 03The source puts the PAT margin at 20.38% and return on net worth at 32%.
- 04Profit after tax was Rs 208.58 crore in the six months to 30 September 2024.
- 05Total borrowing fell from Rs 1,193.42 crore on 31 March 2024 to Rs 828.63 crore on 30 September 2024.
Risks · 5
- 01The whole Rs 2,497.92 crore issue was offer for sale, so no money went to the company.
- 02The pre-issue P/E was 61.55 at the upper band of Rs 1,329, based on EPS of Rs 21.59.
- 03Most clients are US physician groups, so US healthcare rules and the dollar rate matter across its 3 markets.
- 04Borrowing rose sharply in FY2024 to Rs 1,193.42 crore, after it acquired Aquity Holdings.
- 05Promoters and the promoter group held 69.73% before the issue, and several of them sold shares in the offer.
Three years of numbers
All figures in ₹ crore, as reported in the Inventurus Knowledge Solutions offer document.
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 2,790.52 | 3,027.52 | 988.31 | 787.52 |
| Total Income | 1,294.61 | 1,857.94 | 1,060.16 | 784.47 |
| Profit After Tax | 208.58 | 370.49 | 305.23 | 232.97 |
| NET Worth | 1,377.11 | 1,157.86 | 828.64 | 647.07 |
| Reserves and Surplus | 1,360.17 | 1,140.94 | 811.80 | 630.26 |
| Total Borrowing | 828.63 | 1,193.42 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Inventurus Knowledge Solutions RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Inventurus Knowledge Solutions IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹21.59 | ₹24.31 |
| P/E Ratio (x) | 61.55 | 54.66 |
| Market Cap at Offer Price (₹ Cr) | ₹12,839.41 | ₹11,402.83 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹1329 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
How the company intends to use the proceeds of the issue.
Information about the usage of proceeds from the Inventurus Knowledge Solutions IPO will be updated shortly.
About the company
It runs a care enablement platform for physician enterprises in the US, Canada and Australia, with a focus on the US. Its platform serves outpatient and inpatient care, including revenue optimisation solutions that help healthcare organisations generate, capture and optimise revenue.
Its promoters include Sachin Gupta, Rekha Jhunjhunwala and three Jhunjhunwala family trusts.
The IPO was Rs 2,497.92 crore and was entirely an offer for sale by promoters, promoter group members and other shareholders, so the company received none of the money.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Inventurus Knowledge Solutions IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
JM Financial Ltd.
125 issues handledBest listing: Tata Technologies (+140.0%). Weakest: ACME Solar Holdings (-13.1%).
ICICI Securities
133 issues handledBest listing: Latent View Analytics (+160.0%). Weakest: Shriram Properties (-23.7%).
Jefferies India Private Limited
34 issues handledBest listing: Nazara Technologies (+80.7%). Weakest: Turtlemint Fintech Solutions (-10.4%).
JP Morgan India Pvt. Ltd
22 issues handledBest listing: Premier Energies (+120.0%). Weakest: Nuvoco Vistas Corporation (-14.9%).
Nomura Financial Advisory & Securities (India) Pvt. Ltd
24 issues handledBest listing: Happiest Minds Technologies (+110.8%). Weakest: Shriram Properties (-23.7%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Inventurus Knowledge Solutions?
The current Grey Market Premium is ₹390, or 29% over the issue price.
What is the Inventurus Knowledge Solutions IPO price band?
₹1265 to ₹1329, on a face value of ₹1.
When is the allotment?
The basis of allotment is 17 December 2024, with listing on 19 December 2024.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.