The Inventurus Knowledge IPO will open for subscription on December 12

The initial public offering (IPO) of Inventurus Knowledge Solutions (IKS Health) will open for subscription on December 12 and 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.

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

Importantly, Inventurus Knowledge Solutions will not receive any funds from the IPO proceeds. The net proceeds after deducting expenses related to the offering 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., JP Morgan India Pvt. Ltd. and Nomura Financial Advisory & Securities (India) Pvt. Ltd. is Further, Link Intime India Pvt Ltd has been appointed as the Registrar for the IPO process.

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The promoters of the company include notable individuals and organizations such as Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryveer Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust.

Founded in 2006, Inventurus Knowledge Solutions provides complex support services to healthcare companies, specializing in areas such as administrative functions, clinical support, medical documentation management and virtual medical scribing. The company’s technology-based solutions aim to streamline healthcare operations, increase efficiency and reduce administrative burdens, ensuring that healthcare providers can focus more on delivering quality patient care.

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