New Delhi: Inventurus Knowledge Solutions’ IPO listed at a premium of 42.96 per cent on Thursday, December 19, 2024. The company’s stock gained further after listing, according to exchange data. Inventurus Knowledge Solutions reported a 75.25 per cent rise in revenues to Rs 1,857.94 crore at the end of March 31, 2024, compared to Rs 1,060.16 crore in the year-ago period. The company’s profit after tax stood at Rs 370.49 crore compared to Rs 305.23 crore in the year-ago period.
IKS share price
IKS share price opened at Rs 1856.0 on the BSE, before hitting a high of Rs 1957.45 apiece. Inventurus Knowledge Solutions’ share price weighted average stood at Rs 1,891 apiece at the time of writing. The company’s total market cap stood at Rs 32,431.62 crore at the time of writing, according to BSE data.
Inventurus Knowledge Solutions IPO
Inventurus Knowledge Solutions IPO worth Rs 2,498 crore was subscribed 52.68X. IKS health is a healthcare support services provider. The company’s stock listed at a greater premium than indicated by the grey market. IKS IPO price band was fixed at Rs 1,265-1,329 per share. Inventurus Knowledge Solutions IPO compirsed an offer for sale of 1.88 crore shares.
The Rekha Jhujhunwala-backed company plans to utilise the IPO proceeds to unlock value from the exchange listing. Inventurus IPO minimum lot size stood at Rs 14,619, equalling 11 shares. IKS IPO was subscribed over 80X by qualified institutional buyers, while non-institutional investors subscribed the IPO 23X. Retail investors subscribed to Inventurus by 14.56X.
Inventurus Knowledge Solutions offers end-to-end patient care. It boasts of 98 per cent repeat client revenue over a 3-year period durin g whicjh it has experienced consistent growth with an improvement in margins. Inventurus Knowledge Solutions IPO opened on December 12, 2024, and closed on December 16, 2024.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Inventurus Knowledge Solutions IPO Listing today: IKS share price listed at 42% premium on the NSE and a 40 per cent premium on the BSE on December 19, 2024. The Rekha Jhunjhunwala backed company provides healthcare services and aims to achieve greater visibility through its exchange listing. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
