Inventurus Knowledge Solutions IPO: Can you expect a listing gain? Here's what Anil Singhvi suggests

Inventurus Knowledge Solutions IPO: Inventurus Knowledge Solution (IKS) public issue is in limelight as ace investor Rekha Jhunjhunwala, the wife of Late Rakesh Jhunjhunwal, is among one of the company's promoters. The IPO opened on December 12, 2024, and will conclude on December 16, 2024. IKS has launched the IPO with a price band between Rs 1,265 and Rs 1,329 to raise Rs 2,497.92 crore through an offer for sale (OFS) of 18,795,510 shares. Are you wondering about applying or not? Know what market wizard Anil Singhvi has suggested:

Anil Singhvi suggests subscribing to IKS IPO for listing gain

Zee Business Managing Editor, Anil Singhvi has recommended subscribing to the IPO due to two important factors; a strong inorganic track record, and strong management backed by the Jhunjhunwala family.

Further, the market wizard suggests investors to book profit in the scrip after listing gains.

Meanwhile, he also highlighted some negatives of the company, like frequent changes in top management designation or team, limited new client acquisition, weakening financials, and expensive valuations.

IKS IPO Details: Lot size, allotment & listing date BRMLs, others

The lot size of the IPO is 11 shares. The allotment date is fixed on Monday, December 17, 2024, which means applicants can check their status on December 18. The IKS company's shares will debut on the exchanges - NSE and BSE - on Thursday, December 19, 2024.

IKS IPO | BRLMs & registrar

Book Running Lead Managers (BRLMs): ICICI Securities, Jefferies India, JM Financial, JPMorgan India, and Nomura Financial Advisory and Securities India.

Official Registrar: Link Intime India Private