Inventurus Knowledge Solutions IPO
Inventurus Knowledge Solutions Limited (IKS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 19 December 2024.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +35.6% (likely range +12% to +75%), day's high +43.3%, chance of a gain 95%. Actual: +43.0% at the open, +52.8% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 56,19,154 | 45,31,55,846 | 80.6x | |
| NII (HNI) total | 28,09,576 | 6,53,77,576 | 23.3x | |
| Big NII (above ₹10 lakh) | 18,73,051 | 4,68,14,878 | 25.0x | |
| Small NII (₹2-10 lakh) | 9,36,525 | 1,85,62,698 | 19.8x | |
| Retail | 18,73,050 | 2,74,48,322 | 14.7x | |
| Employees | 65,000 | 3,41,352 | 5.25x | |
| Total | 1,03,66,780 | 54,63,23,096 | 52.7x |
Bids on NSE and BSE together, as published by NSE, as of 16 Dec 2024, 07:03 PM. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Inventurus Knowledge Solutions's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| India Shelter Finance CorporationDec 2023 | 89.7x | 28.5x | 9.95x | 36.7x | ₹1,261 Cr | +25.8% | +27.8% |
| JSW InfrastructureSep 2023 | 57.1x | 16.0x | 10.3x | 37.4x | ₹2,949 Cr | +20.2% | +32.2% |
| Akums Drugs and PharmaceuticalsAug 2024 | 90.1x | 42.2x | 21.3x | 63.6x | ₹1,858 Cr | +6.8% | +17.4% |
| Flair Writing IndustriesNov 2023 | 116x | 33.4x | 13.0x | 46.7x | ₹626 Cr | +64.8% | +69.2% |
| Campus ActivewearApr 2022 | 152x | 22.3x | 7.68x | 51.8x | ₹1,400 Cr | +23.3% | +43.1% |
| Yatharth Hospital and Trauma Care ServicesJul 2023 | 85.1x | 37.2x | 8.34x | 36.2x | ₹705 Cr | +2.0% | +14.4% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| ICICI Securities | 109 | +21.3% | 69% |
| Jefferies India | 26 | +19.5% | 81% |
| JM Financial | 109 | +22.8% | 75% |
| J.P. Morgan India | 27 | +17.4% | 74% |
| and Nomura Financial Advisory and Securities (India) | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Inventurus Knowledge Solutions IPO price band and lot size? ₹1,265–1,329 per share, with a lot of 11 shares, so the smallest retail bid is ₹14,619.
How many times has it been subscribed? 52.7x overall: QIB 80.6x, NII 23.3x, retail 14.7x, employees 5.25x.
How did it list? It opened at ₹1,900, +43.0% against the issue price of ₹1,329, and closed its first day +47.5%.
