The initial public offering (IPO) of Inventurus Knowledge Solutions Ltd (IKS Health) is set to open for subscription on December 12 and will close on December 16. The anchor investor bidding is scheduled for December 11.
This IPO, a book-built issue, will offer 1.88 crore shares, all of which are being sold by existing shareholders. Share allotments are expected to be finalised on December 17, with a tentative listing date on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) set for December 19.
The company will not receive any funds from the IPO, as all proceeds (after deducting offer-related expenses) will go to the selling shareholders. The price band for the IPO has not yet been disclosed.
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 are the book-running lead managers for the issue, while Link Intime India Pvt Ltd is serving as the registrar. The promoters of the company include Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust, and Nishtha Jhunjhunwala Discretionary Trust.
Founded in 2006, Inventurus Knowledge Solutions provides crucial services to healthcare businesses, such as administrative support, clinical assistance, medical documentation management, and virtual medical scribing. As a healthcare technology company, Inventurus Knowledge works to streamline operations, enhance efficiency, and ease the administrative load for healthcare providers.
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