Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Detail Review –
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) is set to open for subscription from 12th Dec 2024 to 16th Dec 2024. In this article we will analyze the financials , strengths and weaknesses of the Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO). Keep scrolling below to read more!
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Overview –
Established in March 2006, Inventurus Knowledge Solutions Limited (IKS Health) provides services to healthcare enterprises such as handling administrative chores/work. The company helps doctors and other healthcare providers by handling their paperwork and administrative tasks. IKS Health offers services such as clinical support, medical documentation management, virtual medical scribing and more.
The company is a healthcare technology company that helps make it easier and faster for patients to get the care they need while reducing the administrative burden on healthcare providers.
Inventurus Knowledge Solutions Limited offer a platform that enables healthcare enterprises in outpatient and inpatient care.
- Outpatient service facilities, also known as ambulatory care, provide medical care without requiring admission to a hospital or other facility and include observation, consultation, diagnosis, rehabilitation, intervention, and treatment services.
- Inpatient care refers to the provision of medical treatment for patients who have been admitted to a hospital or medical facility, requiring an overnight stay or an extended duration.
As of September 30, 2024, IKS serves over 778 healthcare organizations, including health systems, multi-specialty medical groups, and other outpatient and inpatient providers. Key clients include Mass General Brigham Inc., Texas Health Care PLLC, and The GI Alliance Management.
The company has a team of over 13,528 employees, including 2,612 clinically-trained professionals, and a consultative sales force operating in the US, Canada, and Australia.
Their Competitive Strengths:
- Comprehensive one-stop platform with diversified offerings across the outpatient and inpatient care value chain serving key stakeholders such as patients, physicians, nurses and healthcare organizations.
- Leveraging digital evolution, transformation and automation technologies to create sustained value based on outcomes delivered.
- Strong brand amongst healthcare organizations and physicians.
- Sustainable and scalable business model offering clients flexibility and cost-savings and high-touch 215 engagement through access to project executive sponsors and leadership teams creating cross-selling opportunities.
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Synopsis –
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) is set to be open for subscription from 12th Dec 2024 to 16th Dec 2024, offering offer for sale of 1.88 crore shares aggregating to Rs 2,497.92 crores. This NSE,BSE IPO follows a Book Built Issue IPO with tentative listing date fixed as Thursday, December 19, 2024.
The total issue size of this IPO amounts to Rs. 2,497.92 Crores. The company has allocated shares 10% to retail investors, 75% to institutional and 15% to non institutional investors.
| Particulars | Details |
| Opening Date | 12th Dec 2024 |
| Closing Date | 16th Dec 2024 |
| Lot Size | 11 Shares |
| Face Value | Rs 1 |
| IPO Size | Rs. 2,497.92 Cr |
| Fresh Issue | Rs. 2,497.92 Cr |
| IPO Price Range | Rs. 1265 – 1329 |
| Min. Investment | Rs. 14,619 |
| Offer for Sale (OFS) | — |
| Employee Discount | — |
| Basis of Allotment | 17th Dec 2024 |
| Refunds | 18th Dec 2024 |
| Listing Date | 19th Dec 2024 |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Market Lot –
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) minimum market lot is 11 shares with ₹14,619 application amount. The retail investors can apply up to 13 lots with 143 shares or ₹1,90,047 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 11 | ₹14,619 |
| Retail Maximum | 13 | 143 | ₹1,90,047 |
| S-HNI Minimum | 14 | 154 | ₹2,04,666 |
| S-HNI Maximum | 67 | 748 | ₹9,94,092 |
| B-HNI Minimum | 68 | 759 | ₹10,08,711 |
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Book Running Lead Managers –
ICICI Securities Limited
Jefferies India Private Limited
JM Financial Limited
J.P. Morgan India Private Limited
Nomura Financial Advisory And Securities (India) Pvt Ltd.
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Registrar to the offer –
The registrar for the Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) is Link Intime India Pvt Ltd. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
The Objective Of The Issue –
The company desires to use the Net Proceeds from the Issue to fulfill its following goals:
- The company will not receive any proceeds from the Offer and all such proceeds (net of any Offer related expenses to be borne by the Selling Shareholders) will go to the Selling Shareholders.
Key Performance Indicator –
The market capitalization of Inventurus Knowledge Solutions Limited IPO is Rs 22,802.07 Cr.
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 32.00% |
| ROCE: | 31.56% |
| EBITDA Margin: | 28.62% |
| PAT Margin: | 20.38% |
| Debt to equity ratio: | 0.06 |
| Earning Per Share (EPS): | ₹22.37 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 32.00% |
| Net Asset Value (NAV): | ₹69.70 |
Financial Status –
Inventurus Knowledge Solutions Limited’s revenue increased by 59% and profit after tax (PAT) rose by 117% between the financial year ending with March 31, 2024 and March 31, 2023.
Below is the synopsis of the company’s financial data for the financial year that concluded on 30 Sept 2024.
The company’s total assets are Rs. 2,790.52 crore.
The company’s total revenue is Rs. 1,294.61 crore.
The company’s PAT is Rs. 208.58 crore.
The company’s net worth is Rs. 1,377.11 crore
| Period Ended | 30 Sept 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Total Assets | 2,790.52 | 3,027.52 | 988.31 | 787.52 | ||||||||||||||||||||||||||||||||||||
| Revenue from operations | 1,294.61 | 1,857.94 | 1,060.16 | 784.47 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 208.58 | 370.49 | 305.23 | 232.97 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,377.11 | 1,157.86 | 828.64 | 647.07 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 1,360.17 | 1,140.94 | 811.80 | 630.26 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 828.63 | 1,193.42 | ||||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Evaluation of P/E Ratio :
Considering the FY ended 31 Mar 2024 with an EPS of Rs.22.37 from the last year, the resulting P/E ratio is 59.41x.
Considering the weighted EPS of Rs.19.69 for the last three years, the P/E ratio is 64.24x.
Comparative Analysis with Listed Peers
No listed peers, hence no comparison is possible.
Peers of Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) –
No listed companies in India engaged in similar business of comparable size.
Dividend Policy –
A Dividend of Rs.10 per equity Share was paid out by the company in FY23.
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Strengths –
An integrated one-stop service provider with the creepy assortments of outpatient and inpatient care sectors serving the key clientele: patients, physicians, nurses, and health organizations.
Creating continued values through outcome delivery by leveraging what technology has to offer in digital evolution transformation and automation.
A strong brand in healthcare organizations and physicians.
A sustainable yet scalable business model that provides its clients with flexibility and cost savings while having the high-touch 215 engagement through project executive sponsors and access to leadership teams in creating cross selling opportunities.
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Weakness –
In the past, there have been certain FEMA-related deficiencies in compliance by the company and some of its existing and erstwhile shareholders, concerning the issuance of securities of the Company, delays concerning reporting requirements, and transfer of securities. The company has filed compounding applications with the Reserve Bank of India concerning such contraventions, which are pending with them. Consequently, the company may be subject to regulatory actions and penalties/compounding fees, as the case may take.
Had any failure occurred on its part to properly identify, develop, and deploy new solutions that employ artificial intelligence, machine learning, and features into existing solutions like AI-based speech-to-text solutions, then the detrimental impacts could be felt on sales, operational results, etc.
As healthcare is regulated, any failure to comply with healthcare laws and regulations may result in the incurring of financial penalties, substantial operational overhaul, or adverse public perception that could put its business in danger.
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) Status –
Inventurus Knowledge Solutions Limited IPO (Inventurus Knowledge Solutions IPO) allotment status will be available on the Link Intime India Pvt Ltd website. Click on this link to get allotment status.
Disclaimer –
- Don’t decide to subscribe to an IPO just based on the initial price, as it can change before the listing. Subscribe only after considering fundamentals of the companies.
Conclusion –
Hope the details presented in this blog will assist you in learning about the financial performance of the company. Before making an investment in the company’s upcoming initial public offering (IPO), thoroughly research the company, its finances, business prospects, and market trends.
Also, investors should consult their financial advisor, conduct further due diligence, analyze industry trends and the competitive landscape, and consider risk factors before making an investment decision.
For all such latest information on upcoming IPOs, keep visiting our website.
