Inventurus Knowledge Solutions IPO: The public issue of Inventurus Knowledge Solution (IKS) is in the spotlight as star investor Rekha Jhunjhunwala, the wife of late Rakesh Jhunjhunwal, is among the promoters of the company. The IPO began on December 12, 2024 and will close on December 16, 2024. IKS launched the IPO with 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. Are you wondering whether or not to apply? Know what market magician Anil Singhvi suggested:

Anil Singhvi suggests subscribing to IKS IPO to get listing gain

Zee Business Editor-in-Chief Anil Singhvi recommended subscribing to the IPO due to two important factors: strong inorganic track record and strong management backed by the Jhunjhunwala family.

Additionally, Market Wizard suggests investors to book profits in the scripts after the earnings quote.

At the same time, he also pointed out some negative points of the company, such as frequent changes in the management designation or team, limited acquisition of new customers, weakened financials and high valuations.

IKS IPO Details: Lot Size, BRML Allotment and Listing Date, Others

The lot size of the IPO is 11 shares. The award date is Monday, December 17, 2024, which means applicants will be able to check their status on December 18. IKS company shares will debut on the stock exchanges – NSE and BSE – on Thursday, December 19, 2024.

IKS IPO | BRLM and Registrar

Book Running Lead Managers (BRLM): ICICI Securities, Jefferies India, JM Financial, JPMorgan India and Nomura Financial Advisory and Securities India.

Official Registrar: Intimate Bond India Private