Inventurus Knowledge Solutions has received go ahead from market regulator Securities and Exchange Board of India (SEBI) to float initial public offerings. The company’s IPO, which is backed by Rekha Jhunjhunwala and RARE Enterprises, is entirely an Offer-For-Sale (OFS) of up to 2.82 crore equity shares by promoters and individual shareholders, with no fresh issue component.
Since the issue is completely an OFS, the company will not receive any proceeds from the IPO and the entire fund will go to shareholders. The equity shares are proposed to be listed on BSE and NSE.
Inventurus Knowledge Solutions is a technology-enabled healthcare solutions provider and a care enablement platform assisting physician enterprises in the US, Canada and Australia, with a focus on the US markets.
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