10 must-know facts before you invest in the IKS IPO

The Inventurus Knowledge Solutions IPO is set to launch on December 12, 2024, with a price band of ₹1,265 to ₹1,329 per share. The offering includes an Offer For Sale (OFS) of 1.88 crore equity shares, with no new funds being raised. Here's a breakdown of key details to know before considering an investment.

1. IPO Details: The subscription period will run from December 12 to December 16, 2024. The price band for the IPO is set between ₹1,265 and ₹1,329 per share, with a lot size of 11 shares. Investors must apply in multiples of 11 shares.

2. Offer For Sale (OFS): The offering size has been reduced to an OFS of 1.88 crore shares, down from the previously proposed 2.82 crore shares. As the entire offering is an OFS, no funds will be raised by the company, and proceeds will go directly to the shareholders.

3. Promoter Group Ownership: The company's promoters, including Sachin Gupta, Rekha Jhunjhunwala, and the Jhunjhunwala family trusts, own nearly 70% of the company. Rekha Jhunjhunwala’s involvement adds credibility to the IPO.

4. Lead Managers: ICICI Securities Ltd, Jefferies India Pvt Ltd, JM Financial Ltd, JP Morgan India Pvt Ltd, and Nomura Financial Advisory are the lead managers overseeing the IPO.

5. Business Overview: Founded in 2006, Inventurus Knowledge Solutions specializes in healthcare services, focusing on administrative functions. The company supports healthcare professionals by managing tasks like clinical assistance, medical record management, and virtual medical scribing, streamlining the healthcare process.

6. Industry Growth: The healthcare sector is undergoing a major digital transformation, driven by technologies such as AI, machine learning, blockchain, IoT, cloud computing, and robotic process automation. These innovations are enhancing healthcare efficiency, improving patient care, and revolutionizing the healthcare industry.

7. Revenue Model: IKS Health generates revenue by offering healthcare organizations a range of services to reduce their administrative burden. This enables healthcare providers to focus more on patient care, improving operational efficiency.

8. Profitability and Financials: Investors should review the financials, which include revenue growth, profitability, and potential risks due to the lack of funds being raised in this IPO. The financial performance and future growth trajectory should be assessed before investing.

9. Market Position: IKS Health operates in a competitive healthcare services market, leveraging cutting-edge technologies to maintain its position. However, its success will depend on how well it adapts to changing industry trends and its ability to scale its operations.

10. Investment Considerations: Before subscribing, potential investors should carefully consider the risk factors, including the company's business model, industry conditions, and the fact that no new capital will be raised. With the backing of Rekha Jhunjhunwala, this IPO could attract attention, but investors should assess whether it aligns with their investment goals.

The Inventurus Knowledge Solutions IPO presents a unique opportunity, but understanding the above factors will help investors make an informed decision.