New Delhi: Inventurus Knowledge Solutions’ IPO listed at a premium of 42.96 per cent on Thursday, December 19, 2024. The company’s stock gained further after listing, according to exchange data. Inventurus Knowledge Solutions reported a 75.25 per cent rise in revenues to Rs 1,857.94 crore at the end of March 31, 2024, compared to Rs 1,060.16 crore in the year-ago period. The company’s profit after tax stood at Rs 370.49 crore compared to Rs 305.23 crore in the year-ago period.
IKS share price
IKS share price opened at Rs 1856.0 on the BSE, before hitting a high of Rs 1957.45 apiece. Inventurus Knowledge Solutions’ share price weighted average stood at Rs 1,891 apiece at the time of writing. The company’s total market cap stood at Rs 32,431.62 crore at the time of writing, according to BSE data.
Inventurus Knowledge Solutions IPO
Inventurus Knowledge Solutions IPO worth Rs 2,498 crore was subscribed 52.68X. IKS health is a healthcare support services provider. The company’s stock listed at a greater premium than indicated by the grey market. IKS IPO price band was fixed at Rs 1,265-1,329 per share. Inventurus Knowledge Solutions IPO compirsed an offer for sale of 1.88 crore shares.
The Rekha Jhujhunwala-backed company plans to utilise the IPO proceeds to unlock value from the exchange listing. Inventurus IPO minimum lot size stood at Rs 14,619, equalling 11 shares.
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