Liquidity Events
Healthtech co. Inventurus’ Rs.2,498-Cr IPO subscribed 53 times
The initial public offering (IPO) of Mumbai-based healthtech player Inventurus Knowledge Solutions (IKS Health) received 52.68 times subscription. The offer received 54,60,82,108 bids against 1,03,66,780 shares on offer. The price band of the IPO was fixed at INR 1,265 - INR 1,329 per share. The IPO is a complete offer for sale aggregating to INR 2,497.92 crore,The promoters are Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust, and Nishtha Jhunjhunwala Discretionary Trust. The promoters and promoter group hold 69.73% of the pre-offer issued and paid-up equity share capital. Their post-IPO shareholding is expected to be around 65.79%.IKS Health offers a platform that helps physician enterprises in the American and Australian regions, with a focus on the US.
In Nov 2006, IKS Health had raised about USD 5 M from Rare Enterprises via Rekha Jhunjhunwala.For FY24, IKS Health had reported about INR 1,818 Cr in Operating Income and about INR 370 Cr in PAT .
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