Mumbai, Dec. 17 -- The initial public offer (IPO) of Inventurus Knowledge Solutions received 54,63,23,096 bids for shares as against 1,03,66,780 shares on offer. The issue was subscribed 52.70 times.

The issue opened for bidding on Thursday (12 December 2024), and it closed on Monday (16 December 2024). The price band of the IPO was fixed between Rs 1,265 and 1,329 per share.

The IPO is a complete offer for sale of 1,87,95,510 equity shares, aggregating up to Rs 2,497.92 crore, by existing shareholders.

The proceeds from the offer will not be received directly, and all the offer proceeds will go to the selling shareholders in proportion to the offered shares they sell.

The promoters are Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjh...