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Inventurus Knowledge IPO opens for subscription on December 12

The initial public offering (IPO) of Inventurus Knowledge Solutions Ltd (IKS Health) will open for subscription on December 12 and close on December 16. The anchor investor bidding date is set for December 11.

The IPO is a book-built issue, offering a total of 1.88 crore shares, entirely as an offer for sale. The allotment of shares for the IPO is expected to be finalised on December 17, with a tentative listing date on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) scheduled for December 19.

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The company will not receive any proceeds from the offer, with all proceeds (net of offer-related expenses) being directed to the selling shareholders.

The price band for the IPO has yet to be announced.

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ICICI Securities Ltd, Jefferies India Pvt Ltd, JM Financial Ltd, J.P. Morgan India Pvt Ltd, and Nomura Financial Advisory and Securities (India) Pvt Ltd are the book-running lead managers for the IPO, with Link Intime India Pvt Ltd acting as the registrar.

Promoters of the company include Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust, and Nishtha Jhunjhunwala Discretionary Trust.

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Founded in 2006, Inventurus Knowledge Solutions provides essential services to healthcare enterprises, including administrative tasks, clinical support, medical documentation management, and virtual medical scribing. As a healthcare technology company, Inventurus Knowledge streamlines healthcare operations, improves efficiency, and reduces the administrative burden on healthcare providers.

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