The Inventurus Knowledge Solutions IPO is turning heads in the market. Open for subscription from December 12 to December 16, 2024, the IPO is priced between ₹1,265 and ₹1,329 per share, aiming to raise ₹2,497.92 crores entirely via an Offer for Sale (OFS). The Inventurus Knowledge Solutions IPO GMP Today currently stands at ₹352 which is a sign of strong market sentiment. With such enthusiasm, let’s break down the details and see whether this IPO is worth your investment.
Inventurus Knowledge IPO GMP Today
The current GMP for Inventurus Knowledge IPO is ₹352. This indicates a positive outlook, hinting at a potential listing price significantly above the issue price. GMP often reflects market confidence and interest, making this IPO an exciting prospect for short-term gains.
What Does the Current IKS GMP Tell Us?
The grey market premium (GMP) for the IPO is ₹352. This means that in the unofficial grey market, investors are willing to pay ₹352 above the upper price band of ₹1,329 per share.
- What It Suggests:
Based on the IKS GMP, the estimated listing price could be around ₹1,681 (₹1,329 + ₹352). This indicates a potential gain of about 26.5% over the issue price, which is a positive signal for short-term investors looking for listing gains.
About Inventurus Knowledge Solutions
Inventurus Knowledge Solutions is a healthcare technology powerhouse, helping healthcare providers streamline operations and enhance clinical outcomes. With over 778 healthcare organizations as clients across the US, Canada, and Australia, the company plays a pivotal role in modernizing healthcare systems. Its team of 13,528 professionals, including 2,612 clinically trained experts, drives innovative solutions tailored to outpatient and inpatient care providers.
Inventurus Knowledge IPO Details
| Details | Information |
|---|---|
| Issue Size | ₹2,497.92 crore (fully OFS) |
| Price Band | ₹1,265 to ₹1,329 per share |
| Lot Size | 11 shares (₹14,619 minimum) |
| Retail Quota | 10% |
| NII Quota | 15% |
| QIB Quota | 75% |
| IPO Type | Book-built issue |
| Listing | NSE and BSE |
| Opening Date | December 12, 2024 |
| Closing Date | December 16, 2024 |
| Allotment Date | December 17, 2024 |
| Listing Date | December 19, 2024 |
What Does “Entirely OFS” Mean?
When an IPO is labeled as entirely OFS (Offer for Sale), it means no new shares are being issued by the company. Instead, existing shareholders—such as the promoters or early investors—are selling a portion of their stake to the public. For Inventurus Knowledge IPO, the entire ₹2,497.92 crore raised will go to these sellers, not to the company.
- Why It Matters:
Since the company isn’t raising new funds, the IPO proceeds won’t be used for growth, debt repayment, or expansion. This type of offering is more about giving existing investors a chance to cash out rather than fueling the company’s future. Investors should focus on the company’s existing performance and long-term potential rather than expecting immediate operational benefits from this IPO.
Financial Highlights
The company’s financial performance paints a strong picture:
- Revenue: ₹1,817.93 crore in FY24 (up 75% YoY)
- Profit After Tax: ₹370.49 crore in FY24 (21.4% growth)
- EBITDA Margin: 28.62%
- Debt-to-Equity Ratio: 0.06
These numbers show solid growth and efficient operations, making Inventurus Knowledge a standout in the healthcare solutions space
Inventurus Knowledge IPO Apply or Not?
Should you apply? If you’re seeking listing gains, the strong GMP and solid fundamentals suggest this IPO is a good opportunity. The company’s dominance in healthcare technology, consistent financial performance, and minimal debt make it a compelling choice. However, since this is entirely an OFS, long-term investors should assess the company’s growth potential carefully before deciding.
FAQs
- What is the price band for Inventurus Knowledge IPO?
It’s set between ₹1,265 and ₹1,329 per share. - What’s the IKS GMP for Inventurus Knowledge IPO today?
The GMP is ₹352, reflecting strong market demand. - How do I apply for Inventurus Knowledge IPO?
You can apply online through ASBA or UPI using your bank or broker platform. - What’s the allocation for retail investors?
Retail investors are allocated 10% of the total issue. - When will the Inventurus Knowledge IPO list?
The shares are expected to list on December 19, 2024, on NSE and BSE.