Healthcare administration is about to get a boost with Inventurus Knowledge Solutions Limited's upcoming initial public offering. Set to launch from December 12 to 16, 2024, this ₹2,497.92 crore IPO presents a compelling investment opportunity for those looking to stake a claim in the innovative healthcare services sector.
The IPO is an offer of sale, featuring 1.88 crore shares priced between ₹1,265 and ₹1,329 per share. The minimum investment for retail investors is ₹14,619 for a lot size of 11 shares. This makes it an attractive option for both seasoned investors and newcomers looking to diversify their portfolio.
Mark your calendars for the key dates: share allotment is anticipated on December 17, with the stock set to list on both BSE and NSE on December 19. This is your chance to be part of a growing company at the intersection of healthcare and administrative technology.
Don't let this opportunity slip away! Prepare your investment funds, and get ready to act when the market opens on December 12. Invest smart, invest early, and potentially ride the wave of healthcare innovation with Inventurus Knowledge Solutions Limited!
Inventurus Knowledge Solutions IPO is a fundraise worth ₹2,497.92 crores comprising an offer for sale of 1.88 crore shares. The IPO will be available for subscription from December 12, 2024, to December 16, 2024, providing an opportunity for investors looking to park their funds in the healthcare administration sector.
| Inventurus Knowledge Solutions Limited IPO Date | December 12, 2024 - December 16, 2024 |
| Price Band | ₹1,265 to ₹1,329 per share |
| Face Value | ₹1 per share |
| Lot Size | 11 shares |
| Issue Type | Book-built issue |
| Offer for Sale | 18,795,510 shares of ₹1 per share, amounting to ₹2,497.92 crores |
| Total Issue Size | 18,795,510 shares of ₹1 per share, amounting to ₹2,497.92 crores |
| Listing at | BSE, NSE |
| Share Holding Post Issue | 171,573,159 |
| Share Holding Pre Issue | 171,573,159 |
The Inventurus Knowledge Solutions Limited IPO opens for subscription on December 12, 2024, and closes on December 16, 2024, with allotment slated for December 17, 2024.
| IPO Open Date | December 12, 2024 (Thursday) |
| IPO Close Date | December 16, 2024 (Monday) |
| Basis of Allotment | December 17, 2024 (Tuesday) |
| Initiation of Refunds | December 18, 2024 (Wednesday) |
| Credit of Shares to Demat Account | December 18, 2024 (Wednesday) |
| Listing Date on Exchanges | December 19, 2024 (Thursday) |
| Cut-off Time for UPI Mandate Confirmation | 5 PM on December 16, 2024 |
Inventurus Knowledge Solutions Limited (IKS Health), established in 2006, is a pioneering healthcare technology company specializing in administrative and clinical support services for medical enterprises. The company provides comprehensive solutions including medical documentation management, virtual medical scribing, and administrative task handling for both outpatient and inpatient care facilities. By streamlining paperwork and reducing administrative burdens, IKS Health enables healthcare providers to focus more efficiently on patient care.
With a robust global presence, the company serves over 778 healthcare organizations across the United States, Canada, and Australia as of September 2024. Their impressive workforce of 13,528 employees, including 2,612 clinically-trained professionals, supports a client base that includes prestigious healthcare institutions like Mass General Brigham Inc., Texas Health Care PLLC, and The GI Alliance Management. This extensive network and specialized workforce position IKS Health as a critical enabler of streamlined healthcare services, bridging the gap between administrative complexity and patient care delivery.
In this upcoming IPO, Inventurus Knowledge Solutions Limited won't receive any of the proceeds from the IPO. All the funds will go directly to the Selling Shareholders, minus the IPO-related expenses and applicable taxes.
The Inventurus Knowledge Solutions IPO showcases a healthy market capitalization of ₹22,802.07 crores as on March 31, 2024. Key performance indicators reflect the company's financial health, with a Return on Equity of 32%, Return on Capital Employed (ROCE) of 31.56%, Debt-to-Equity ratio of -0.06 and PAT Margin at 20.38%.
The Return on Net Worth (RoNW) stands at 32%, while the Price-to-Book Value (P/BV) is seen at 19.07. On an annual basis, the company's Profit After Tax (PAT) climbed 21.38% while the revenue surged 75.25% in the financial year ending on March 31, 2024. A comparison of earnings per share (EPS) reveals a pre-IPO EPS of ₹21.59, versus ₹24.31 post-IPO.
| Period Ended | September 30, 2024 | March 31, 2024 | March 31, 2023 | March 31, 2022 |
| Revenue | 1,294.61 | 1,857.94 | 1,060.16 | 784.47 |
| Assets | 2,709.52 | 3.027.52 | 988.31 | 787.52 |
| Net Worth | 1,377.11 | 1,157.86 | 828.64 | 647.07 |
| Profit After Tax | 208.58 | 370.49 | 305.23 | 232.97 |
| Total Borrowing | 828.63 | 1,193.42 | - | - |
| Reserves & Surplus | 1,360.17 | 1,140.94 | 811.80 | 630.26 |
Amount in ₹ crores
Inventurus Knowledge Solutions stands out as a comprehensive healthcare technology solution provider with a robust and diversified service model. The company has demonstrated exceptional financial performance, with revenues surging from ₹784.47 crores to ₹1,857.94 crores between FY22 and FY24, accompanied by a significant increase in Profit After Tax from ₹232.97 crores to ₹370.49 crores. Its global reach is impressive, serving over 778 healthcare organizations across the US, Canada, and Australia, with a strong client base including prestigious institutions like Mass General Brigham Inc. and Texas Health Care PLLC.
The company's competitive edge lies in its technological prowess and workforce expertise. With 13,528 employees, including 2,612 clinically trained professionals, Inventurus Knowledge Solutions leverages cutting-edge technologies such as automation and digital transformation to create sustained value. Its one-stop platform offers comprehensive solutions across outpatient and inpatient care, providing flexibility and cost-savings to clients. The scalable business model, coupled with strong brand reputation and strategic partnerships, positions IKS Health as a leader in healthcare administrative services, capable of delivering high-touch engagement and creating cross-selling opportunities.
Inventurus Knowledge Solutions faces several potential challenges that could impact its future performance. The company is inherently sensitive to economic conditions, with healthcare spending vulnerable to broader economic fluctuations. Operating across multiple jurisdictions exposes the company to significant regulatory risks, including potential compliance challenges that could affect operations and profitability. The healthcare technology sector is highly competitive, with numerous established and emerging players vying for market share.
Additionally, the company has encountered some regulatory compliance issues in the past. There have been FEMA-related deficiencies concerning securities issuance and reporting requirements, with pending compounding applications with the Reserve Bank of India. The company also faces risks related to technological innovation – any failure to effectively develop and deploy new AI and machine learning solutions could negatively impact sales and operational results. Moreover, the highly regulated nature of healthcare means that any compliance failures could result in financial penalties, operational disruptions, and potential damage to public perception.
Picture yourself at the forefront of a transformative investment journey with Inventurus Knowledge Solutions. This isn't just another IPO—it's a gateway to the pulsing heart of healthcare administration innovation. Savvy investors know that true opportunity lies at the intersection of excitement and strategic wisdom.
Before you leap, dive deep into Inventurus' financial landscape—examine their revenue streams, growth trajectories, and market positioning. Your investment strategy is a personal symphony, and every note matters. Evaluate your risk tolerance and financial goals with ruthless honesty.
What is the Inventurus Knowledge Solutions IPO?
The Inventurus Knowledge Solutions Limited IPO is a main-board offering consisting of 1.88 crore equity shares with a face value of ₹1, aiming to raise to ₹2.497.92 crores. The price band is set between ₹1,265 and ₹1,329, with a minimum order quantity of 11 shares. This IPO will be open for subscription from December 12, 2024, to December 16, 2024. Link Intime India Private Limited is the registrar while ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, JP Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited are the book-running lead managers.
When will the Inventurus Knowledge Solutions IPO open?
The Inventurus Knowledge Solutions Limited IPO will open for subscription on December 12, 2024, and will close on December 16, 2024.
When is the Inventurus Knowledge Solutions IPO listing date?
The tentative listing date for the Inventurus Knowledge Solutions Limited IPO is Thursday, December 19, 2024.
For android only