Tue Dec 17 18:53:21 UTC 2024: ## Inventurus Knowledge Solutions IPO Allotment Finalized, Strong Demand Leads to High Grey Market Premium

**MUMBAI, INDIA – December 17, 2024** – Inventurus Knowledge Solutions Ltd. (IKS Health Ltd.) has finalized the allotment of shares for its highly oversubscribed initial public offering (IPO). The IPO, which closed on December 16th, saw a staggering 52.68 times overall subscription, with Qualified Institutional Buyers (QIBs) driving much of the demand at an 80.64 times oversubscription rate. Retail investors also showed strong interest, subscribing 14.55 times their allocation.

The strong investor interest fueled a significant grey market premium (GMP), reaching Rs 421 earlier today, suggesting a potential listing gain of 31.68% at a price of Rs 1,750 per share. While the GMP slightly dipped to Rs 407 by 6:00 pm, indicating a projected listing gain of 30.62% at Rs 1,736, it still reflects considerable investor enthusiasm. It is important to note that the GMP is unofficial and based on speculation.

Investors can check their allotment status on the BSE website, the NSE website, and Link Intime India’s website using their application number or PAN. Successful applicants will see shares credited to their demat accounts on December 18th, while refunds will be issued to unsuccessful applicants on the same day. The shares are slated to list on the BSE and NSE on December 19th.

This offer-for-sale IPO, totaling 1.88 crore shares worth Rs 2,497.92 crore, will not generate any proceeds for Inventurus Knowledge Solutions itself. The company’s existing shareholders are selling their shares in this offering.

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