Mon Dec 16 13:17:24 UTC 2024: ## Inventurus Knowledge Solutions IPO Oversubscribed, Sets Listing Date

**MUMBAI, INDIA** – The initial public offering (IPO) of Inventurus Knowledge Solutions, backed by Rekha Rakesh Jhunjhunwala, concluded with significant oversubscription. The Rs 2,498-crore offer, entirely an offer for sale, saw 19.20 times oversubscription on its final day of bidding (December 16th). Retail investors were particularly enthusiastic, subscribing 23.2 times their allotted portion. The IPO is expected to finalize allocations on December 17th, with a tentative listing on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on December 19th. The company, specializing in administrative and support services for healthcare providers, will not receive any proceeds from the sale, as all funds will go to selling shareholders. Promoters include Rekha Jhunjhunwala and members of the Jhunjhunwala family. Meanwhile, Traders Gurukul’s “Bots” options trading summit continues its monthly schedule across major Indian cities, providing a platform for retail traders. For the latest market updates, including Sensex and Nifty movements, visit [link to Moneycontrol.com].

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