As the final days of December tick by, the stock market is experiencing a surge of IPO activity this week. Inventurus Knowledge Solutions, after receiving an overwhelming response from investors, successfully listed its shares on the stock exchanges following its IPO, which ran from December 12 to December 17. This mainboard IPO shares debuted with a 43 per cent premium today.

On the NSE, Inventurus Knowledge Solutions shares opened at Rs 1,900, while on the BSE, they listed at Rs 1,856, a 39.65 per cent gain over the issue price

Grey Market Premium

Ahead of the official listing of the shares of the company on the Indian bourses, the grey market premium (GMP) for Inventurus Knowledge Solutions IPO indicated a solid debut. With the GMP hovering around ₹421 per share, market estimates placed the listing price at Rs 1750 per share, nearly a 31.68 premium to the issue’s upper price band of Rs 1,329, as per the latest trends.

Subscription Numbers

The IPO of Inventurus Knowledge Solutions, a firm in the healthcare operations and analytics set the price band for the issue between Rs 1,265 to Rs 1,329 per share. The IPO offered 1.88 crore shares through a complete offer for sale, raising Rs 2,497.92 crore. On the final day of bidding, Inventurus Knowledge Solutions IPO was subscribed 52.68 times. Qualified Institutional Buyers (QIBs) portion of the mainboard issue was subscribed 80.64 times their reserved portion. Non-Institutional Investors (NIIs) portion bid 23.25 times their quota and retail individual investors (RIIs) segment was subscribed 14.55 times.

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Inventurus Knowledge Solutions specialises in revenue cycle management (RCM) optimisation, helping US-based healthcare providers enhance operational efficiency.

Anchor Investors

Inventurus Knowledge Solutions public issue secured a substantial sum of Rs 1,120.18 crore from anchor investors ahead of its public offering. The anchor investor bidding for the IPO took place on December 11.

Lead Managers and Registrars

The book-running lead managers for the Inventurus IPO are ICICI Securities Limited, Jefferies India, JM Financial , J.P. Morgan India, and Nomura Financial Advisory and Securities (India). Meanwhile, Link Intime India is the registrar for the issue.