Inventurus Knowledge Solutions IPO booked over 52 times on final day; here’s how to check allotment status online

Inventurus Knowledge Solutions (IKS Health) IPO allotment status is expected to be finalised on Tuesday, December 17, following strong investor demand on the last day of bidding.

The IPO was open for subscription between December 12 and December 16. The mainboard issue was booked 52.68 times, led by an overwhelming response from qualified institutional buyers.

According to exchange data, the IPO received bids worth over ₹72,500 crore (including anchor investors) against the issue size of ₹2,497.9 crore.

Overall, the investors placed bids for more than 54.60 crore shares against 1.03 shares on offer. The QIBs subscribed their allocation of 56.19 lakh shares by 80.64 times with bids for more than 45.31 crore shares.

Inventurus Knowledge Solutions IPO was subscribed 23.25 times by Non-Institutional Investors (NIIs), who placed bids for over 6.53 crore shares against 28.09 lakh shares.

The retail allocation of IKS Health IPO was booked 14.56 times with bids for more than 2.72 crore shares against the reserved quota of 18.73 lakh shares.

The mainboard public issue also saw a strong response in the employee allocation. Eligible employees applied for over 3.37 lakh shares against the allocated 65,000 shares.

Following the strong subscription, investors now await the allotment of shares in the ₹2,498-crore IPO. Once finalised, the allotment status in Inventurus Knowledge Solutions IPO can be checked online via the official websites of NSE, BSE and the IPO's registrar, Link Intime India Private Ltd.

• Visit the BSE IPO allotment status page at https://www.bseindia.com/investors/appli_check.aspx
• Select 'equity' from the two options mentioned here.
• Select Inventurus Knowledge Solutions Ltd from the list of issue names
• Enter PAN details or application number
• Complete Captcha verification to proceed.
• Clock on 'Submit' to check details

• Click on the link provided here - https://linkintime.co.in/Initial_Offer/public-issues.html
• From the list of available issues, select Inventurus Knowledge Solutions IPO
• Fill in your application number, DP/Client ID or PAN
• Click on 'submit' to view your allotment status

Investors can also check the Inventurus Knowledge Solutions IPO allotment status on the NSE using PAN and bank account details. The investors must log in with a User ID and password to check the share allotment status.

Shares of Inventurus Knowledge Solutions Limited are proposed to be listed on the BSE and NSE on December 19.

Inventurus Knowledge Solutions IPO details

Inventurus Knowledge Solutions Ltd. specialises in handling administrative work for healthcare enterprises. It does paperwork for doctors and other healthcare providers. IKS Health’s proprietary technology solutions are central to its success, offering innovative tools that streamline healthcare operations.

As of September 30, 2024, IKS Health serves over 778 US-based healthcare organisations, including renowned clients such as Mass General Brigham Inc., Texas Health Care PLLC, and The GI Alliance Management.

• IPO offer size: ₹2,497.92 crore.
• Inventurus Knowledge Solutions IPO is an entirely offer-for-sale issue of 1.88 crore shares.
• The IPO price band was set at ₹1265 to ₹1329 per share.
• Minimum lot size for retail investors is 11 shares.
• Minimum investment for retail investors was ₹14,619.
• The company will transfer the shares of Inventurus Knowledge Solutions to the demat accounts of successful bidders on December 18.
• Refunds will also be initiated for non-allottees on the same day.
• The IPO listing is likely to be done on December 19, with the shares debuting on both NSE and BSE.

Use of IPO funds

Inventurus Knowledge Solutions Ltd. will not receive any proceeds from the IPO since it is only an offer-for-sale (OFS) without any fresh issue of shares.

Inventurus Knowledge Solution financials

Inventurus Knowledge Solutions posted revenue of ₹1282.87 crore in H1FY25, a jump of 103.35% over the same period last fiscal where the same was recorded at ₹630.87 crore. The company saw a net profit of ₹208.58 crore in H1FY25, which increased by 1.56% from ₹205.37 crore in the same period last year.

Promoter shareholding post-IPO listing