Inventurus Knowledge Solutions IPO price band: Rekha Jhunjhunwala-backed Inventurus Knowledge Solutions Limited IPO price band has been fixed in the range of ₹1,265 to ₹1,329 per equity share of the face value of Re 1. The IKS Health IPO date of subscription is scheduled for Thursday, December 12, and will close on Monday, December 16. The allocation to anchor investors for the Inventurus Knowledge Solutions IPO is scheduled to take place on Wednesday, December 11.
The floor price and the cap price are 1,265 times and 1,329 times the face value of the equity shares, respectively. The price to earnings ratio based on diluted EPS for fiscal 2024 at the upper end of the price band is 60 times. The IKS Health IPO lot size is 11 equity shares and in multiples of 11 equity shares thereafter.
Inventurus Knowledge Solutions IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for retail investors. The employee portion has been reserved upto 65,000 equity shares.
Tentatively, Inventurus Knowledge Solutions IPO basis of allotment of shares will be finalised on Tuesday, December 17, and the company will initiate refunds on Wednesday, December 18, while the shares will be credited to the demat account of allottees on the same day following refund. IKS Health share price is likely to be listed on BSE and NSE on Thursday, December 19.
The promoters of the company include Sachin Gupta, Rekha Jhunjhunwala, the Aryaman Jhunjhunwala Discretionary Trust, the Aryavir Jhunjhunwala Discretionary Trust, and the Nishtha Jhunjhunwala Discretionary Trust.
