Inventurus Knowledge Solutions Files For IPO With Sebi

Inventurus Knowledge Solutions Ltd, a healthcare support services provider, has filed preliminary papers with capital markets regulator Sebi to launch an IPO. This IPO is an Offer For Sale (OFS) of up to 2.82 crore equity shares with no new issue component. The company, backed by Rekha Jhunjhunwala and RARE Enterprises, aims to gain listing advantages, visibility, liquidity, and a public market through this IPO.

Inventurus Knowledge Solutions Ltd, a healthcare support services provider, has officially filed preliminary documents with the Securities and Exchange Board of India (Sebi) to raise funds via an Initial Public Offering (IPO).

The IPO is structured entirely as an Offer For Sale (OFS) of up to 2.82 crore equity shares by promoters and individual shareholders, with no fresh issue of shares, as indicated in the Draft Red Herring Prospectus (DRHP).

Being exclusively an OFS, Inventurus Knowledge Solutions Ltd will not receive any IPO proceeds; instead, the entirety of funds will go to the existing shareholders.

Backed by Rekha Jhunjhunwala and RARE Enterprises, the primary aim of this IPO is to enjoy the benefits of listing equity shares on the stock exchanges.

Moreover, the healthcare solutions provider believes that listing will enhance its visibility and brand image while offering liquidity to shareholders and establishing a public market for its equity shares.

Inventurus Knowledge Solutions Ltd, a tech-enabled healthcare solutions provider, supports physician enterprises primarily in the US but also in Canada and Australia.

The company serves over 800 healthcare organizations, including health systems, academic medical centers, multi-specialty and single-speciality medical groups, and ancillary healthcare organizations.

In 2023, Inventurus Knowledge Solutions Ltd expanded its portfolio by acquiring Aquity Holdings, a firm specializing in technology-enabled clinical documentation, medical coding, and revenue integrity solutions for healthcare.

ICICI Securities Ltd, Jefferies India Private Ltd, JM Financial Ltd, JP Morgan India Private Ltd, and Nomura Financial Advisory and Securities (India) Private Ltd are serving as the book-running lead managers for this issue.

(With inputs from agencies.)