Inventurus Knowledge Solutions Limited (referred to as the “Company”) is set to launch its initial public offering (“IPO”) of equity shares (termed as “Offer”) on Thursday, December 12th, 2024. The date allocated for Anchor Investor Bidding is Wednesday, December 11th, 2024, exactly one business day prior to the bid/offer commencement date. The Bid/Offer is slated for closure on Monday, December 16th, 2024.
The price range for the Offer has been determined to be from Rs. 1,265 per share to Rs. 1,329 per share. Interested parties must place bids for at least 11 equity shares, with additional bids possible in multiples of 11 equity shares.
The Offer consists of an offer for sale of as many as 18,795,510 equity shares valued at Rs. 1 each, belonging to Inventurus Knowledge Solutions Limited. Detailed breakdown: up to 1,119,300 equity shares by each Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust, and Nishtha Jhunjhunwala Discretionary Trust (“Promoter Selling Shareholders”); up to 3,376,311 equity shares by Ashra Family Trust; 26,513 shares by Rajeshkumar Radheshyam Jhunjhunwala (“Promoter Group Selling Shareholders”); and multiple other shares from Various Individual Selling Shareholders including Adheet Sharad Gogate, Ajay Madhavan Madatiparambil, Ajit Rajagopal Menon, Alan, Ankur Chugh, Anurag Shiamsunderlal Sharma, Berjis Minoo Desai, Charles Edward Brown, Christopher J Sclafani, Clarence Carleton King Ii, Gaurav Jain, Gautam Char, Jeffrey Philip Freimark, John Benardello, Joseph Benardello, and many others.
The “Offer For Sale,” also referred to as the “Offer,” incorporates a special allotment of up to 65,000 equity shares with a face value of Rs. 1 each, totaling up to Rs [?] million, reserved specifically for eligible employees. This allotment is capped at 5% of our post-offer paid-up equity share capital and is described as the “employee reservation portion.” The remaining part of the offer, after this reservation, is termed as the “net offer.”