Inventurus Knowledge Solutions IPO: The public issue of Inventurus Knowledge Solution (IKS) is in the limelight as investor Rekha Jhunjhunwala, wife of Late Rakesh Jhunjhunwal, is one of the promoters of the company. The IPO opened on December 12, 2024, and will end on December 16, 2024. IKS launched the IPO at 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. Wondering whether to apply or not? Know what market assistant Anil Singhvi suggested:
Anil Singhvi suggests you sign up for the IKS IPO to get listed
Zee Business Managing Editor, Anil Singhvi recommended registering for the IPO due to two important factors; strong inorganic track record, and strong management supported by the Jhunjhunwala family.
In addition, the market wizard suggests that investors book profits in the fund after listing the profits.
At the time, he also highlighted other negative aspects of the company, such as frequent changes in the appointment of senior management or the team, limited acquisition of new customers, financial weakness, and expensive valuations.
IKS IPO details: Lot size, share and listing date BRMLs, others
The IPO lot size is 11 shares. The offer date is set for Monday, December 17, 2024, which means applicants can check their status on December 18. IKS company shares will start trading – NSE and BSE – on Thursday, December 19, 2024.
IKS IPO | BRLMs and registrars
Lead Book Managers (BRLMs): ICICI Securities, Jefferies India, JM Financial, JPMorgan India, and Nomura Financial Advisory and Securities India.
Official Registrar: Connect Intime India Private