Thane based IKS Health IPO; Health Tech Enabled Services company IPO to begin from December 12; Key Details here

Inventurus Knowledge Solutions Limited IPO Details on UdhyamPitch

IKS Health is into Technology Health Tech Enabled Services sector and is looking raise funds through Offer for Sale

Thane based IKS Health IPO; Health Tech Enabled Services company IPO to begin from December 12; Key Details here
IKS Health Initial Public Offer comprising of a Offer for Sale of 18,795,510 Equity shares. Total IPO issue size is around Rs 2,497.92 crores (calculated at upper price band)

IPO Summary

IKS Health IPO is a public offering of shares by Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust. The IPO will open on December 12 and will close on December 16. The price band is ₹1,265 to ₹1,329 per share and the lot size is 11 shares. The issue size is ₹2,497.92 crore. The shares are expected to be listed on NSE, BSE on December 19 (^). Some additional information that you may find useful are: : (**) - based on higher price band (^) indicative date

Also READ: Thane based Health Tech Enabled Services Company IKS Health files DRHP with SEBI for the proposed IPO; Key Details here


Promoters of the company are Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust Currently promoters hold 69.73% stake in the company. While post-equity promoters stake will be 67.76%


    Key Pointers of IKS Health IPO:

  • Company aims to raise between Rs 2,378 to 2,498 crs through this IPO.
  • The net proceeds of the issue will be utilized to Company will not receive any proceeds from the Offer. The objects of the Offer are to (i) achieve the benefits of listing the Equity Shares on the Stock Exchange (ii) carry out the Offer for Sale
  • Anchor bidding is expected to commence one day prior to the IPO dates. Tentative anchor bidding date would be 11-Dec-24.
  • Price band for the IPO has been fixed at Rs 1,265 to 1,329 per share and bid lot are in multiple of 11 shares. The implied market cap post-issue at Rs 21,704 to 22,802 crs.
  • As per the tentative schedule, allotment date of this IPO is most likely on December 17 and share are expected to be listed on NSE, BSE on December 19.
  • There are no listed companies in India or other foreign jurisdictions whose business portfolio is comparable with that of business and comparable to the scale of operations. Hence, it is not possible to provide an industry comparison in relation to the Company.
  • ICICI Securities, Jefferies India, JM Financial, JP Morgan India, Nomura Financial Advisory has been appointed as Merchant Banker to the issue. Link Intime India Pvt. Ltd. has been appointed as official registrar of the issue.
  • Company has not undertaken Pre-IPO placement.

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Inventurus Knowledge Solutions Limited IPO Snapshot | UdhyamPitch on X
EstablishedCitySectorSub-Sector
2006 ThaneTechnologyHealth Tech Enabled Services
IssueIssue TypeTentative Listing DateListing at
IPO (OFS)Book Building19-Dec-24NSE, BSE
IPO DatesPrice Band (Rs/sh)Face Value (Rs/sh)Min Lot Qty
12-Dec-24 to 16-Dec-24₹ 1,265 to 1,329 per sh₹ 1 per sh11 sh and in multiples
Retail App (min)Retail App (max)Non-Retail (Rs2-10L App)Non-Retail (>Rs10L min App)
11 shares
₹ 14,619
143 shares
up to ₹ 190,047
154 to 748 shares
₹ 204,666 to 994,092
759 shares and above
₹ 1,008,711 and above

View IPO Calendar

There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.



About Inventurus Knowledge Solutions Limited


Established in 2006, Inventurus Knowledge Solutions (or IKS Health) is technology-enabled healthcare solutions provider and offer a care enablement platform assisting physician enterprises in the US, Canada and Australia, with a focus on the US markets. Revenue Optimization Solutions are offered in the Pre-Visit Stage and include patient scheduling services and IKS EVE, at the Peri-Visit Stage and include clinical coding solutions and referral order management, at the Post Visit Stage that include Billing, Payment Posting, Denial Management, and Account Receivables Follow Up, IKS Optimix and at the In-Acute Settings Stage. As on Q2FY25 served 778 US based healthcare organisations.


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About Industry

As per the Zinnov Report, the outsourced services market in the technology-enabled healthcare provider space is growing rapidly as providers seek to boost efficiency and streamline operations. By leveraging technologyenabled service providers to handle workflows like billing, revenue cycle management, patient engagement, and data analytics, healthcare organizations can focus on core patient care activities and achieve higher quality care while maintaining operational excellence


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Inventurus Knowledge Solutions Limited IPO Dates | UdhyamPitch on X
Anchor Open 11-Dec-24
IPO Open 12-Dec-24
IPO Close 16-Dec-24
Allotment 17-Dec-24
Credit of Shares 18-Dec-42
Refund 18-Dec-24
Listing 19-Dec-24
Anchor Investor Lockin (50% of Anchor book investment)
Anchor Investor Lockin (Balance 50% of Anchor book investment)

View IPO Calendar

Kindly note UPI Mandate deadline is 5:00 pm IST on closing date. To avoid last minute issue, request you to approve UPI mandate before 4:00 pm IST on last day. In case, UPI mandate has not been approved during the prescribed time period, applications are liable to get rejected.

There are highly chances of variation in dates. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.




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Inventurus Knowledge Solutions Limited IPO - Management Details:
Sachin Gupta, Whole Time Director

Berjis Minoo Desai, Chairman and Non-Executive Director

Sameer Chavan, Company Secretary and Compliance Officer

Visit DRHP / RHP for more details on Board of Directors and Management details.

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Inventurus Knowledge Solutions Limited IPO - Details of Offer/Issue Breakup | UdhyamPitch on X
CategoryQuota (%)No of Shares-LowerNo of Shares-UpperValue (Rs Cr)-LowerValue (Rs Cr)-Upper
QIB (Incl Anchor) 75 NA 14,047,883 NA 1,866.96
Non-Retail (NII) 15 NA 2,809,577 NA 373.39
Non-Retail (NII): >Rs10L NA 1,873,051 NA 248.93
Non-Retail (NII): Rs2L-Rs10L NA 936,526 NA 124.46
Retail 10 NA 1,873,051 NA 248.93
Employee NA 65,000 . .
Shareholder NA 65,000. .
NA=Not Available or Not Calculated | Upper= Upper Price Band | Lower=Lower Price Band

There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.




Inventurus Knowledge Solutions Limited - IPO Registrar & Transfer Agent (RTA):
Link Intime India Pvt. Ltd.
C-101, 247 Park, L.B.S. Marg, Vikhroli (West)
Mumbai
Maharashtra
400083



Check IPO Allotment status of IKS HealthIPO:









Inventurus Knowledge Solutions Limited - Anchor Lockin Dates and Details
Anchor Investor Lockin (50% of Investment for 30 days) release of
Anchor Investor Lockin (Balance Investment for 90 days) release of

Above information is automatically calculated based on estimations. Chances of errors/changes could be possible due to holidays and/or other conditions. Users are requested to Visit BSE, NSE, SEBI for more information or contact the Company/Merchant Banker/RTA for more information.


Inventurus Knowledge Solutions Limited - Documents

Disclaimer:

Above article only publishes details on the companies and about forthcoming / upcoming IPO' and are solely intended for educational purpose. We don't solicit or invite any interest of user to invest in any of the investment products. Please review DRHP/RHP/Prospectus for more details about the company, fundamentals and other details. Please visit respective sources to verify and know more details about the IPO. SME IPOs can be more volatile due to smaller market capitalization and liquidity. Prices may fluctuate significantly in response to market conditions. We advise users and/or investors to take opinion from certified and SEBI registered experts before taking any investment decisions.



Source: SEBI, BSE, NSE

FAQ

  • QIB Defined: Qualified Institutional Buyers(QIBs) - Including Foreign Institutional Investors(FIIs), Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) and Other QIB registered with SEBI.
  • NII Defined: Non Institutional Investors (Bid amount of more than Ten Lakh Rupees) - includes Corporates, Individuals (other than RII's) and others
  • NII Defined: Non Institutional Investors (Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) - includes Corporates, Individuals (other than RII's) and Others
  • RII Defined: Retail Individual Investors (RIIs) where the application is under Retail Investor category and bid amount is under Rupees Two Lakhs Rupees.

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