Inventurus Knowledge Solutions Limited has successfully secured Rs. 1,120.18 crore from 61 prominent anchor investors, with an offer price of Rs. 1,329/- per share, including a share premium of Rs. 1,328/- per share.
A total of 8,428,730 equity shares were distributed to the anchor investors. Of these, 2,809,577 shares—equivalent to 33.33% of the allocation—were assigned to 12 domestic mutual funds. These funds entered the deal through 23 distinct schemes.
Esteemed global institutional names such as Fidelity Funds, the Government Pension Fund Global, Abu Dhabi Investment Authority, Prudential Hong Kong, WF Asian Reconnaissance Fund, Destinations International Equity Fund, TIMF Holdings, HSBC Global, Pictet, Pinebridge Global Funds, Société Générale, Integrated Core Strategies, and the Makrana Dunmore Singapore Fund have contributed to the anchor investments.
Indian institutional investors that have invested in the offering include HDFC Mutual Fund, Aditya Birla Sun Life AMC, Tata Mutual Fund, Axis Mutual Fund, Mirae Asset, Whiteoak Capital, Baroda PNB Paribas MF, Max Life Insurance, Nuvama, Edelweiss, Motilal Oswal MF, 360 ONE, Bajaj Allianz Life Insurance, Union MF, Aditya Birla Sun Life Insurance, SBI General Insurance, Trust MF, and Bajaj Holdings.
The initial public offering (IPO) commenced today, December 12, 2024, and will conclude on Monday, December 16, 2024. The price range for the equity shares, each with a face value of Rs. 1, has been set between Rs. 1,265 to Rs. 1,329.
The entities acting as Book-Running Lead Managers (BRLMs) for the issue are ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, J.P. Morgan India Private Limited, and Nomura Financial Advisory and Securities (India) Private Limited.