The ₹2,498-crore initial public offering (IPO) of Inventurus Knowledge Solutions Ltd, a healthcare service provider, received solid investor interest on its opening day, December 12, 2024. Backed by ace investor Rekha Jhunjhunwala, the IPO will remain open for subscription until Friday, December 15, 2024.
Subscription Status
The IPO, reserved in varying proportions for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail investors, saw an overall subscription of 1.36 times on the first day.
- Retail Investors: 1.68 times
- Qualified Institutional Buyers: 1.54 times
- Non-Institutional Investors: 79%
- Employee Quota: 80%
As per BSE data, the IPO received 1,40,86,897 share applications against 1,03,66,780 shares offered, showcasing strong demand from retail and institutional investors alike.
Grey Market Premium (GMP) Update
The latest Grey Market Premium (GMP) for Inventurus Knowledge Solutions IPO stands at ₹375, indicating an expected premium over the issue price in the unofficial market. However, this marks a slight decline compared to earlier sessions.
IPO Allocation Highlights
- 75% of shares reserved for Qualified Institutional Buyers (QIBs)
- 15% for Non-Institutional Investors (NIIs)
- 10% for Retail Investors
- 65,000 equity shares reserved for employees
The final subscription numbers will be closely watched as the IPO nears its close, with investors eyeing the grey market activity for a hint at post-listing performance.
