Inventurus Knowledge Solutions (IKS) IPO Allotment Today: Key Updates
The much-anticipated IPO allotment for Inventurus Knowledge Solutions (IKS) is expected to be finalized today, Tuesday, December 17, 2024. This public offering, which closed on December 16, garnered massive attention and overwhelming participation from investors across all categories.
Final Subscription Status of the IKS IPO
The Inventurus Knowledge Solutions IPO, sized at ₹2,497.92 crore, was priced within a range of ₹1,265-₹1,329 per share, with a lot size of 11 shares. By the end of the subscription period, the IPO recorded a staggering oversubscription of 52.68 times, with bids for 54.6 crore shares against the 1.03 crore shares on offer.
Investor participation highlights:
- Qualified Institutional Buyers (QIBs): Subscribed 80.64 times their reserved portion, showcasing strong institutional confidence.
- Non-Institutional Investors (NIIs): Bid for 23.25 times their quota.
- Retail Individual Investors (RIIs): Oversubscribed 14.55 times, reflecting robust retail interest.
How to Check IKS IPO Allotment Status
Once the allotment is finalized, investors can check their status through:
- The official websites of BSE or NSE.
- The website of Link Intime India, the registrar for this issue.
IKS IPO Grey Market Premium (GMP)
In the grey market, Inventurus Knowledge Solutions IPO shares are commanding a premium of ₹417, trading at around ₹1,750 per share. This represents a 31.68% premium over the IPO’s upper price band of ₹1,329. However, investors are advised to exercise caution, as the grey market is unregulated and not a definitive indicator of listing performance.
Predicted Listing Price for Inventurus Knowledge Solutions IPO
The shares of IKS are set to list on the BSE and NSE on Thursday, December 19, 2024. Based on current grey market trends, the listing price is expected to hover around ₹1,750, reflecting a significant premium over the issue price. While these predictions are promising, actual performance may vary depending on market dynamics.
About Inventurus Knowledge Solutions
Inventurus Knowledge Solutions is a leading healthcare operation and analytics company specializing in revenue cycle management (RCM) and operational efficiency solutions. Catering primarily to the U.S. healthcare sector, the firm boasts a strong promoter group, including Sachin Gupta, Rekha Jhunjhunwala, and the Jhunjhunwala family trusts.
The Inventurus Knowledge Solutions IPO has generated substantial buzz, making it one of the most talked-about IPOs in recent times. As investors await the allotment and listing, all eyes are on how the stock will perform in the market.
