Inventurus Knowledge Solutions IPO: IKS Shares Lists at 43% Premium, Check Live Share Price and Listing Gains

Inventurus Knowledge Solutions (IKS) Health Limited debuted on the National Stock Exchange and the Bombay Stock Exchange today, December 19, 2024. IKS shares were listed at a 43% premium over the IPO price.

The stock of IKS Health was listed at an opening price of Rs. 1900, 43% more than its cap price of Rs 1,329. It has provided strong listing gains to its investors on its debut, which accounted for the tremendous buying activity from investors. 

The public offering opened for subscription on 12th December 2024, with a close date of 16th December 2024. The IPO was offered at a price band of Rs. 1,265 to 1,329 and a lot size of 11 shares at a face value of Rs 1 each. The total fund size of the public offering was Rs 2,497.92 crore, which was entirely an offer for sale (OFS). 

The Jhunjhuwala family-backed IKS Health’s impressive performance on the listing day can be credited to its robust financials. The company has seen a positive net profit since March 2020 and a positive operating profit margin of more than 25%. The company’s consolidated net profit in March 2024 stood at an impressive figure of Rs 370 crores, which is higher than its previous four-year figures. 

Subscription Status on Inventurus Knowledge Solutions IPO

The IKS IPO was oversubscribed 52.68 times against the 1.88 crore shares offered by the company. Refer to the table below for more details on the subscription status of IKS IPO. 

About IKS Health

The Inventure Knowlege Solution is a health care services provider across the US market. It boasts a portfolio of 853 clients, including health professionals, hospitals, and clinics. It undertakes the responsibility of increasing the operational efficiency of its clients by handling their administrative and other ancillary functions. 

IKS Health currently operates with a large team of 13,241 employees.