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- Inventurus Knowledge Solutions Limited IPO Price Band; Lot Size, Subscription Details
Mumbai4 minutes ago
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Today is the second day of bidding for the IPO of Inventurus Knowledge Solutions Limited. Till 12 noon today, this IPO total was subscribed only 1.76 times. The issue was subscribed 2.78 times in the retail category, 1.55 times in the qualified institutional buyers (QIB) category and 1.53 times in the non-institutional investors (NII) category.
This initial public offering has opened tomorrow i.e. on 12th December, for which investors will be able to bid till Monday 16th December. The company wants to raise ₹2,497.92 crore through this issue. For this, the existing investors of the company are selling 18,795,510 shares worth ₹ 2,497.92 crore. Inventurus Knowledge Solutions is not issuing any fresh shares for the IPO.
If you are also planning to invest money in it, then we are telling you how much you can invest in it.
What is the minimum and maximum amount that can be invested?
Inventurus Knowledge Solutions has fixed the IPO price band at ₹1265-₹1329. Retail investors can bid for a minimum of one lot i.e. 11 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 1329, then you will have to invest ₹ 14,619.
At the same time, retail investors can apply for maximum 13 lots i.e. 143 shares. For this, investors will have to invest ₹ 190,047 as per the upper price band.
10% of the issue reserved for retail investors
The company has reserved 75% of the issue for Qualified Institutional Buyers (QIB). Apart from this, 10% share is reserved for retail investors and the remaining 15% share is reserved for non-institutional investors (NII).
Inventurus Knowledge Solutions was established in 2006.
Inventurus Knowledge Solutions Limited (IKS Health) was established in the year 2006. The company provides administrative management services to healthcare enterprises. Inventurus Knowledge Solutions helps doctors and other health service providers handle their paperwork and administrative tasks. Along with this, IKS Health also provides clinical support, medical documentation management and virtual medical writing along with many other services.
What is IPO?
When a company issues its shares to the general public for the first time, it is called Initial Public Offering i.e. IPO. The company needs money to expand its business. In such a situation, instead of taking loan from the market, the company raises money by selling some shares to the public or issuing new shares. For this the company brings IPO.
