IKS IPO opens today: Issue subscribed over 100% so far; QIB, RII portions fully booked
The company launched the IPO with an issue size of Rs 2,497.92 crore.
IKS IPO Subscription Status: The initial public offering (IPO) of Inventurus Knowledge Solutions (IKS) opened for subscription today (December 12, 2024) and received a good response from investors as it fully subscribed.
(This story will be updated shortly)
Inventurus Knowledge Solutions IPO subscription status update
By 3:33 pm, IKS IPO had received a bid for 1.2 crore against 1.03 crore shares, according to the exchanges.
RIIs oversubscribed IKS IPO
Category-wise, the Retail Individual Investors (RIIs) have applied for 24,24,807 shares or 1.29 times against 18,73,050 shares.
QIBs portion fully subscribed
While the Qualified Institutional Buyers (QIBs) portion also fully booked for shares 86,76,690 or times 1.54 against 56,19,154 shares.
Meanwhile, the Non Institutional Investors (NIIS), also known as HNIs, have applied for 12,12,156 shares, accounting for 43 per cent against 28,09,576 shares.
Last but not least, the Employee portion received the bid for 31,680 shares or 49 per cent against 65,000 shares.
IKS IPO Key Details: Price band, lot size, allotment & listing date BRMLs, others
Here are key details of the IKS IPO, including price band, lot size, allotment and listing dates:
Inventurus Knowledge Solutions IPO: Price band, issue size
With the price band of Rs 1,265 to Rs 1,329 per share, the company launched the IPO with an issue size of Rs 2,497.92 crore.
Inventurus Knowledge Solutions IPO: Lot size
The lot size of the IPO is 11 shares.
Inventurus Knowledge Solutions IPO: Allotment date
The allotment date is fixed on Monday, December 17, 2024, which means applicants can check their status on December 18.
Inventurus Knowledge Solutions IPO: Listing date
The IKS company's shares will debut on the exchanges - NSE and BSE - on Thursday, December 19, 2024.
Inventurus Knowledge Solutions 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
Inventurus Knowledge Solutions IPO: Rekha Jhunjhunwala among promoters
Rekha Jhunjhunwala, the wife of late legendary investor Rakesh Jhunjhunwala, is one of the promoters of IKS. After his death, Rekha Jhunjhunwala inherited 1,95,239 equity shares of face value of Rs 1 each in the company, according to the RHP.