What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 18 Dec 2024.

Inventurus Knowledge Solutions Limited

ListedMainboard

Technology / IT Services · NSE / BSE

Incorporated in 2006, Inventurus Knowledge Solutions Limited (IKS Health) is a healthcare technology company focused on reducing administrative burdens for healthcare providers and improving patient care efficiency. The company offers services such as clinical support, medical documentation management, and virtual medical scribing for both outpatient and inpatient care. IKS Health serves more than 800 healthcare organizations, including major clients like Mass General Brigham Inc., Texas Health Care PLLC, and The GI Alliance Management. With a workforce of 13,528 employees, including 2,612 clinically trained professionals, the company operates through a consultative sales force across the US, Canada, and Australia, delivering comprehensive solutions for healthcare transformation.

Price Band

₹1265 – ₹1329

Issue Size

₹2498 Cr

Lot Size

11 shares

GMP

₹421

+31.7%

Est. Listing

₹1750

at current GMP

Subscribed

52.70x

overall

Open

12 Dec 2024

16 Dec 2024

Allotment

17 Dec 2024

Refund

18 Dec 2024

Demat Credit

19 Dec 2024

Listing

19 Dec 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Inventurus Knowledge Solutions Limited Allotment Status

Designated Registrar: Link Intime India Private Ltd

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

17 Dec 2024

Basis finalization

Refunds Initiate

18 Dec 2024

Mandate release

Demat Credit

19 Dec 2024

Shares in demat

Listing Debut

19 Dec 2024

Trading begins

How to Check Inventurus Knowledge Solutions Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Ltd's allotment portal.
Select Inventurus Knowledge Solutions Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Inventurus Knowledge Solutions Limited Public Issue & Market Profile

Inventurus Knowledge Solutions Limited is bringing an initial public offering (IPO) in the Technology / IT Services sector with an aggregate issue size of ₹2,497.92 Crores. The shares are offered at a price band of ₹1265 to ₹1329 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 11 shares (approx. ₹14,619 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-12-19, while un-allotted funds or UPI block mandates will be released on 2024-12-18.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.