About Inventurus Knowledge Solutions Limited
Incorporated in 2006, Inventurus Knowledge Solutions Limited (IKS Health) provides services to healthcare enterprises such as handling administrative chores/work. The company helps doctors and other healthcare providers by handling their paperwork and administrative tasks. IKS Health offers services such as clinical support, medical documentation management, virtual medical scribing and more.
The company is a healthcare technology company that helps make it easier and faster for patients to get the care they need while reducing the administrative burden on healthcare providers.
Inventurus Knowledge Solutions Limited offer a platform that enables healthcare enterprises in 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, IKS serves over 778 healthcare organizations, including health systems, multi-specialty medical groups, and other outpatient and inpatient providers. Key clients include Mass General Brigham Inc., Texas Health Care PLLC, and The GI Alliance Management.
The company has a team of over 13,528 employees, including 2,612 clinically-trained professionals, and a consultative sales force operating in the US, Canada, and Australia.
Their Competitive Strengths:
- Comprehensive one-stop platform with diversified offerings across the outpatient and inpatient care value chain serving key stakeholders such as patients, physicians, nurses and healthcare organizations.
- Leveraging digital evolution, transformation and automation technologies to create sustained value based on outcomes delivered.
- Strong brand amongst healthcare organizations and physicians.
- Sustainable and scalable business model offering clients flexibility and cost-savings and high-touch 215 engagement through access to project executive sponsors and leadership teams creating cross-selling opportunities.
Inventurus Knowledge Solutions IPO Details
| IPO Date | December 12, 2024 to December 16, 2024 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | ₹1265 to ₹1329 per share |
| Lot Size | 11 Shares |
| Total Issue Size | 18,795,510 shares (aggregating up to ₹2,497.92 Cr) |
| Offer for Sale | 18,795,510 shares of ₹1 (aggregating up to ₹2,497.92 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 171,573,159 |
| Share holding post issue | 171,573,159 |
Inventurus Knowledge Solutions IPO Timeline (Tentative Schedule)
Inventurus Knowledge Solutions IPO opens on December 12, 2024, and closes on December 16, 2024.
| IPO Open Date | Thursday, December 12, 2024 |
| IPO Close Date | Monday, December 16, 2024 |
| Basis of Allotment | Tuesday, December 17, 2024 |
| Initiation of Refunds | Wednesday, December 18, 2024 |
| Credit of Shares to Demat | Wednesday, December 18, 2024 |
| Listing Date | Thursday, December 19, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 16, 2024 |
Inventurus Knowledge Solutions IPO Lot Size
Investors can bid for a minimum of 11 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 11 | ₹14,619 |
| Retail (Max) | 13 | 143 | ₹190,047 |
| S-HNI (Min) | 14 | 154 | ₹204,666 |
| S-HNI (Max) | 68 | 748 | ₹994,092 |
| B-HNI (Min) | 69 | 759 | ₹1,008,711 |
| Lot Size Calculator | |||
Inventurus Knowledge Solutions IPO Reservation
Inventurus Knowledge Solutions IPO offers 1,87,95,510 shares. 56,19,154 (29.9%) to QIB, 28,09,576 (14.95%) to NII, 18,73,050 (9.97%) to RII and 84,28,730 (44.84%) to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 84,28,730 (44.84%) | NA |
| QIB Shares Offered | 56,19,154 (29.9%) | NA |
| NII (HNI) Shares Offered | 28,09,576 (14.95%) | |
| bNII > ₹10L | 18,73,051 (9.97%) | 12,162 |
| sNII < ₹10L | 9,36,525 (4.98%) | 6,081 |
| Retail Shares Offered | 18,73,050 (9.97%) | 1,70,277 |
| Total Shares Offered | 1,87,95,510 (100%) |
Inventurus Knowledge Solutions IPO Promoter Holding
Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust are the promoters of the company.
| Share Holding Pre Issue | 69.73% |
| Share Holding Post Issue | 60.61% |
Inventurus Knowledge Solutions IPO Anchor Investors Details
Inventurus Knowledge Solutions IPO raises Rs 1,120.18 crore from anchor investors. Inventurus Knowledge Solutions IPO Anchor bid date is December 11, 2024. Inventurus Knowledge Solutions IPO Anchor Investors list
| Bid Date | December 11, 2024 |
| Shares Offered | 8,428,730 |
| Anchor Portion Size (In Cr.) | 1,120.18 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 17, 2025 |
Inventurus Knowledge Solutions Limited Financial Information (Restated Consolidated)
Inventurus Knowledge Solutions Limited’s revenue increased by 75.25% and profit after tax (PAT) rose by 21.38% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,790.52 | 3,027.52 | 988.31 | 787.52 |
| Revenue | 1,294.61 | 1,857.94 | 1,060.16 | 784.47 |
| Profit After Tax | 208.58 | 370.49 | 305.23 | 232.97 |
| Net Worth | 1,377.11 | 1,157.86 | 828.64 | 647.07 |
| Reserves and Surplus | 1,360.17 | 1,140.94 | 811.80 | 630.26 |
| Total Borrowing | 828.63 | 1,193.42 | ||
| Amount in ₹ Crore | ||||
Key Performance Indicator
The market capitalization of Inventurus Knowledge Solutions IPO is Rs 22802.07 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 32% |
| ROCE | 31.56% |
| Debt/Equity | -0.06 |
| RoNW | 32% |
| P/BV | 19.07 |
| PAT Margin (%) | 20.38 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 21.59 | 24.31 |
| P/E (x) | 61.55 | 54.66 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Inventurus Knowledge Solutions IPO Objectives)
The company will not receive any proceeds from the Offer and all such proceeds (net of any Offer related expenses to be borne by the Selling Shareholders) will go to the Selling Shareholders.
