Inventurus Knowledge Solutions Ltd IPO, is creating significant buzz in the investment community as it offers an opportunity to the investors to own a stake in a leading healthcare revenue cycle management (RCM) service provider. This IPO is a complete Offer for Sale (OFS), thus allowing existing shareholders to sell the holdings to the public. With 1.88 crore shares up for sell, the IPO aims to capitalize on the company’s strong financial performance and the growing demand for their RCM solutions in the U.S healthcares sector. The IPO will help Inventurus Knowledge Solutions get increased market visibility and credibility as it enters the public domain.
Purpose of the IPO
The primary objectives of the Inventurus Knowledge Solutions IPO are as follows:
- To facilitate existing shareholders to partially sell their holdings through an Offer for Sale (OFS).
- To increase market visibility and brand image of the company in the market.
This IPO is entirely an Offer for Sale (OFS), where a total of 1.88 crore shares are being offered.
Company Overview
Inventurus Knowledge Solutions is one of the prominent player in the healthcare revenue cycle management (RCM) industry. Founded in 2006 the company specializes in providing end-to-end RCM solutions, which for example includes providing medical professionals assistance in paper work handling, medical billing, clinical support, medical scribing and the management of medical documentation. The company primarily caters to healthcare providers in the United States.
Ownership and Directors
Key Promoters:
- Sachin Gupta
- Rekha Jhunjhunwala
- Aryaman Jhunjhunwala Discretionary Trust
- Aryavir Jhunjhunwala Discretionary Trust
- Nishtha Jhunjhunwala Discretionary Trust
Promoter Holding:
Pre-IPO: 69.73%
Post-IPO: 65.81%
IPO Details
| Details | Description |
| IPO Name | Inventurus Knowledge Solutions IPO |
| Issue Type | OFS |
| IPO Open Date | December 12, 2024 |
| IPO Close Date | December 16, 2024 |
| Price Band | ₹1,265 to ₹1,329 per share |
| Lot Size | 11 shares |
| Issue Size | ₹2,497.92 crores (entirely OFS) |
| Listing Date | December 19, 2024 |
| Listing Exchanges | BSE, NSE |
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 11 | ₹14,619 |
| Retail (Max) | 13 | 143 | ₹190,047 |
Category Quotas
| Category | Allocation |
| Retail Individual Investors (RII) | 10% |
| Qualified Institutional Buyers (QIB) | 75% |
| Non-Institutional Investors (NII) | 15% |
Financial Overview of the company as on 31st March 2024
Financial Overview
| Metric | Value |
| Revenue | ₹1,817.93 crores |
| EBITDA | ₹520.30 crores |
| Profit After Tax (PAT) | ₹370.49 crores |
Key Financial Ratios
- Return on Equity (ROE): 32%
- Return on Capital Employed (ROCE): 31.56%
- Debt-to-Equity Ratio: 0.06x
Sector & Industry Overview
The healthcare RCM industry is witnessing robust growth, mainly driven by the increasing healthcare spending in the U.S. and the shift of non-core activities towards outsourcing. Inventurus Knowledge Solutions operates in a sector with immense growth potential, supported by technological advancements and regulatory changes favoring outsourcing of RCM services.
Growth Prospects
- Expansion into new geographies.
- Investment in AI-driven automation and analytics.
- Strategic partnerships with healthcare providers.
Risk Factors
- Dependency on U.S. healthcare regulations.
- Currency exchange rate fluctuations.
- Intense competition in the RCM industry.
- Potential cybersecurity threats.
How to Check Allotment Status and Registrar Details
To check the allotment status of Inventurus Knowledge Solutions IPO, follow the steps given below.
- Visit the official website of the registrar: Link Intime India Pvt Ltd.
- Go to the IPO allotment section.
- Enter your PAN, application number, or DP/Client ID.
- Submit to view your allotment status.
Grey Market Premium (GMP) and Kostak Rate
The Grey Market Premium (GMP) for the Inventurus Knowledge Solutions IPO is ₹420. The Kostak rate is ₹3,500, indicating strong interest from retail investors.
Conclusion
The Inventurus Knowledge Solutions IPO provides an exciting opportunity to investors looking for growth opportunities in the healthcare RCM industry. With strong finacials, coupled with promising growth trajectory and strategic objective the company is poised to deliver value to its shareholders. But as with any investment, the investors should carefully evaluate the risk factors and see if it aligns with their financial goals.
Happy IPO Investing!
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