Rekha Jhunjhunwala backed Inventurus Knowledge Solutions IPO will launch on December 12 to raise Rs 2,497.92 crore by offloading 1.88 crore shares of promoters and other shareholders. The IPO will close on December 16.
Inventurus Knowledge Solutions IPO GMP
The shares were trading at a premium of 17% in the grey market to the issue price. This informs that the company may make a positive debut on the bourses. The grey market is an unofficial place where shares trade illegally ahead of listing.
Inventurus Knowledge Solutions IPO allotment and listing
The allotment for the shares of Inventurus Knowledge Solutions is expected to be finalised on December 17. The IPO will list on the bourses BSE and NSE on December 19, as per the tentative schedule. The company’s IPO price band ranges between Rs 1,265 to Rs 1,329 per equity share.
Minimum investment
A retailer can apply for as little as 11 shares in a lot which amounts to Rs 14,619. There are different lot sizes for small and big NIIs. A small NII can buy 14 lots of 154 shares, totalling Rs 2,04,666 while a big NII can bid for as minimum as 69 lots of 759 shares worth Rs 10,08,711.
About Inventurus Knowledge Solutions
Inventurus Knowledge Solutions offers assistance to healthcare organizations by managing administrative tasks and responsibilities. The organization assists doctors and various healthcare professionals by managing their documentation and administrative responsibilities. The company offers services such as clinical support, medical documentation management, virtual medical scribing and more. The organization is a healthcare tech firm that facilitates quicker and more convenient access for patients to receive the care they require, while also alleviating the administrative load for healthcare providers.
Lead managers and registrar of IPO
ICICI Securities, Jefferies India, JM Financial, J.P. Morgan India, and Nomura Financial Advisory And Securities (India) are the book-running lead managers of the IPO, while Link Intime India is the registrar for the issue.