post-add

Inventurus Knowledge Solutions Receives SEBI Approval For IPO, To Offer 28.18 Million Equity Shares

The IPO will comprise an offer for sale (OFS) of up to 28,184,060 equity shares with a face value of Rs1 each

Inventurus Knowledge Solutions, a technology-enabled healthcare solutions provider, has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The company, which operates a care enablement platform for physician enterprises primarily in the US, also serves clients in Canada and Australia, with a strong focus on the US healthcare market.

In a press statement on Tuesday, the company informed that the IPO will comprise an offer for sale (OFS) of up to 28,184,060 equity shares with a face value of Rs1 each. The offer for sale includes contributions from several promoter groups and individual selling shareholders. Specifically, the promoter group selling shareholders include Ashra Family Trust with up to 5,347,924 shares, and the discretionary trusts of Aryaman Jhunjhunwala, Aryavir Jhunjhunwala, and Nishtha Jhunjhunwala, each offering up to 1,708,846 shares.

The individual shareholders offering shares include Joseph Benardello with up to 4,375,387 shares, Gautam Char and Parminder Bolina with up to 1,800,000 shares each, Jeffrey Philip Freimark with 1,641,232 shares, Berjis Minoo Desai with 1,032,894 shares, and Scott D Hayworth with up to 937,858 shares.

Inventurus Knowledge Solutions provides an integrated platform to support healthcare enterprises across both outpatient and inpatient care services.

The IPO will be managed by Book Running Lead Managers ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, J.P. Morgan India Private Limited, and Nomura Financial Advisory and Securities (India) Private Limited, who will oversee the issuance and listing process.

 

Also Read

Subscribe to our newsletter to get updates on our latest news