Inventurus Knowledge IPO set to open for subscription on December 12

The initial public offering (IPO) of Inventurus Knowledge Solutions (IKS Health) is set to open for subscription on December 12 and will close on December 16. The bidding window for anchor investors will open a day earlier, on December 11.

The IPO for the healthcare solutions provider is structured as a book-built issue, offering a total of 1.88 crore shares, all through an offer-for-sale (OFS) mechanism.

Share allotment for the IPO is expected to be finalised by December 17, with a tentative listing date on the BSE and NSE scheduled for December 19.


Importantly, Inventurus Knowledge Solutions will not receive any funds from the IPO proceeds. The net proceeds, after deducting expenses related to the offer, will be transferred directly to the selling shareholders.

The IPO is supported by a team of book-running lead managers, including leading financial institutions such as 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. Additionally, Link Intime India Pvt Ltd has been appointed as the registrar for the IPO process.

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The company’s promoters include notable individuals and entities such as Sachin Gupta, Rekha Jhunjhunwala, the Aryaman Jhunjhunwala Discretionary Trust, the Aryavir Jhunjhunwala Discretionary Trust, and the Nishtha Jhunjhunwala Discretionary Trust.

Founded in 2006, Inventurus Knowledge Solutions offers critical support services to healthcare companies, specialising in areas such as administrative tasks, clinical support, medical documentation management, and virtual medical scribing. The company’s technology-driven solutions aim to streamline healthcare operations, enhance efficiency, and alleviate administrative burdens, ensuring that healthcare providers can focus more on delivering quality patient care.

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