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 March 31, 2024, IKS serves over 800 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 13,241 employees, including 3,111 clinically-trained professionals, and a consultative sales force operating in the US, Canada, and Australia.
Inventurus Knowledge Solutions IPO – Details
| IPO Opening Date | 12 December 2024 |
| IPO Closing Date | 16 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,87,95,510 Shares Worth ₹2,497.92 Crore Offer For Sale: 1,87,95,510 Shares Worth ₹2,497.92 Crore |
| Face Value | ₹1 per equity share |
| IPO Price | ₹1265 – ₹1329 per share |
| Market Lot | 11 Shares |
| Min Order | 11 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
Inventurus Knowledge Solutions IPO – Date Schedule
| IPO Open Date | 12 November 2024 |
| IPO Close Date | 16 December 2024 |
| Basis of Allotment | 17 December 2024 |
| Initiation of Refund | 18 December 2024 |
| Credit of Shares to Demat Account | 18 December 2024 |
| IPO Listing Date | 19 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 16, 2024 |
Inventurus Knowledge Solutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 11 | ₹14,619 |
| Retail (Max) | 13 | 143 | ₹1,90,047 |
| S-HNI (Min) | 14 | 154 | ₹2,04,666 |
| S-HNI (Max) | 68 | 748 | ₹9,94,092 |
| B-HNI (Min) | 69 | 759 | ₹10,08,711 |
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 driven by clinical thought leadership through IKS Advisory Board, a healthcare industry leadership forum, and partnerships with industry players and evident through multiple awards and recognitions;
- Marquee large enterprise clientele that include academic medical centres and healthcare systems, multispecialty and single-specialty medical groups, ancillary healthcare organizations, value enablers, and other outpatient healthcare delivery organizations and client stickiness reflected in revenues from repeat clients of over 98% in the last three Fiscals;
- Sustainable and scalable business model offering clients flexibility and cost-savings and high-touch engagement through access to project executive sponsors and leadership teams creating cross-selling opportunities;
- Healthy financial performance with growth and improving margins; and
- Experienced and entrepreneurial driven leadership team.
Company Promoters
- Sachin Gupta
- Rekha Jhunjhunwala
- Aryaman Jhunjhunwala Discretionary Trust
- Aryavir Jhunjhunwala Discretionary Trust
- Nishtha Jhunjhunwala
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 784.46 | 496.20 | 232.96 | – |
| 31 March 2023 | 1,060.16 | 669.90 | 305.22 | – |
| 31 March 2024 | 1,857.93 | 1,416.27 | 370.48 | 1,193.41 |
| 30 September 2024 | 1,294.61 | 1,028.57 | 208.58 | 828.63 |
Key Performance Indicator
| 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 |
Object Of The Issue
- 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.
Inventurus Knowledge Solutions IPO Peer Comparison
- There are no listed companies in India or other foreign jurisdictions whose business portfolio is comparable with that of Inventurus Knowledge Solutions business and comparable to the company’s scale of operations. Hence, it is not possible to provide an industry comparison in relation to Inventurus Knowledge Solutions Company.
Inventurus Knowledge Solutions IPO Promoter Holding
| Pre Issue Share Holding | 69.73% |
| Post Issue Share Holding | 65.81% |
Inventurus Knowledge Solutions IPO Prospectus
Company Contact Information
| Inventurus Knowledge Solutions Limited Building No. 5 & 6, Unit No. 801, 8th Floor, Mindspace SEZ, Thane Belapur Road, Airoli, Navi Mumbai, Thane, 400708 Phone: +91 22 3964 3205 Email: company.secretary@ikshealth.com Website: https://ikshealth.com/ |
Inventurus Knowledge Solutions IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: ikshealth.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Inventurus Knowledge Solutions IPO Lead Manager(s)
| 1. JM Financial Limited 2. ICICI Securities Limited 3. Jefferies India Private Limited 4. J.P. Morgan India Private Limited 5. Nomura Financial Advisory and Securities (India) Private Limited |
Inventurus Knowledge Solutions IPO FAQs
| What is Inventurus Knowledge Solutions IPO? Inventurus Knowledge Solutions IPO is a main-board IPO. The issue is priced at ₹1265 to ₹1329 per equity share. The IPO is to be listed on BSE & NSE. |
| When Inventurus Knowledge Solutions IPO will open? The IPO is to open on 12 December 2024 for QIB, NII, and Retail Investors. |
| What is Inventurus Knowledge Solutions IPO Investors Portion? The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%. |
| How to Apply the Inventurus Knowledge Solutions IPO? You can apply Inventurus Knowledge Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Inventurus Knowledge Solutions IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Inventurus Knowledge Solutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Inventurus Knowledge Solutions IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Inventurus Knowledge Solutions IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Inventurus Knowledge Solutions IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Inventurus Knowledge Solutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Inventurus Knowledge Solutions IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Inventurus Knowledge Solutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Inventurus Knowledge Solutions IPO Size? Inventurus Knowledge Solutions IPO size is ₹2497.92 Crore. |
| What is the Inventurus Knowledge Solutions IPO Price Band? Inventurus Knowledge Solutions IPO Price Band is ₹1265 to ₹1329. |
| What is Inventurus Knowledge Solutions IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 11 Shares with ₹14,619 amount while the maximum bid is 143 Shares with ₹1,90,047. |
| What is the Inventurus Knowledge Solutions IPO Allotment Date? Inventurus Knowledge Solutions IPO allotment date is 17 December 2024. |
| What is the Inventurus Knowledge Solutions IPO Listing Date? Inventurus Knowledge Solutions IPO listing date is 19 December 2024. The IPO is to be listed on BSE and NSE. |
