Inventurus Knowledge Solutions Ltd IPO Opens On December 12. Check IPO Details Issue Date Price

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Inventurus Knowledge Solutions Ltd IPO Opens On December 12. Check IPO Details Issue Date Price

December 12, 2024
Inventurus Knowledge Solutions Ltd IPO Opens On December 12. Check IPO Details Issue Date Price

Inventurus Knowledge Solutions Limited is coming out with a fresh public issue to raise Rs. 2,497.92 crores from the market.

Below are the details of the Inventurus Knowledge Solutions Limited IPO:

  • Issue opens – December 12th (Thursday)
  • Issue closes – December 16th (Monday)
  • Issue size – Rs. 2,497.92 crores
  • Price band – Rs. 1265 to 1329 per equity share
  • Bid lot – 11 shares and in multiples thereof.

And here are some details of the company and further details on the IPO.

Company Details:

  • Inventurus Knowledge Solutions Limited are a technology-enabled healthcare solutions provider and offer a care enablement platform assisting physician enterprises in the US, Canada and Australia, with a focus on the US markets. They are a partner for outpatient and inpatient care organizations, enabling healthcare organizations deliver superior clinical care, improve population health outcomes, and transition to the “fee for value” model while optimizing their revenue and reducing operating costs.
  • They provide solutions that address these increasing tasks, or 'chores', and enable healthcare delivery enterprises to focus on their core focus of healthcare, by taking over chores that are necessary to manage their business. They do this through a blend of pragmatic technology and global human capital, with the aim of enabling healthcare delivery enterprises deliver better, safer and cost-effective care. They offer a comprehensive platform that enables healthcare enterprises across outpatient and inpatient care. Outpatient service facilities, also known as ambulatory care, provide medical care without requiring admission to a hospital or other facility, and include observation, consultation, diagnosis, rehabilitation, intervention, and treatment services. Inpatient care, refers to the provision of medical treatment for patients who have been admitted to a hospital or medical facility, requiring an overnight stay or an extended duration.
  • As of September 30, 2024, they have 778 healthcare organizations as their clients, including health systems, academic medical centres, multi-specialty medical groups, single-specialty medical groups, ancillary healthcare organizations and other outpatient and inpatient healthcare delivery organizations. Some of their key clients include Mass General Brigham Inc., Texas Health Care PLLC, and The GI Alliance Management. They serve their clients through their consolidated globalized workforce of over 13,528 employees, including 2,612 clinically-trained employees and a consultative sales force with presence in key geographies in the US, Canada and Australia, as of September 30, 2024.

Issue Size : Rs. 2,497.92 Cr.

Employee Reservation : 65,000 Equity Shares aggregating upto Rs.8.64 Cr.

Issue break-up :

QIB – 75 % of the offer – Rs. 1,866.96 Cr.
NIB – 15 % of the offer – Rs. 373.39 Cr.
RET – 10 % of the offer – Rs. 248.93 Cr.

Listing: BSE & NSE

Registrar: Link Intime India Private Limited

UPI : All Retail & NII Bidders (bids up to Rs. 5,00,000) Applications through brokers are compulsorily in UPI Mode

Note

Application made using third party UPI or ASBA Bank A/c are liable to be rejected.

The UPI Mandate acceptance time for Retail and NII Bidders (bids up to Rs. 5,00,000) shall expire at 5:00 PM on the closing day of the IPO i.e., Monday, December 16, 2024.

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