On July 25, 2024, the Holy Synod of the Russian Orthodox Church, chaired by His Holiness Patriarch Kirill of Moscow and All Rus', approved the decision to establish the Iversk-Petropavlovsk Women's Monastery in the village of Oktyabrskoye, Kostanay Region. This event marks the revival of the ancient Iversky Monastery.

The Iversky Monastery has a rich history connected to the founding of the city of Kustanay (now Kostanay). In 1883, settlers Anna Zhutova and Fevronia Silantyeva petitioned for the establishment of a prayer house, and in 1884, for a monastery. However, their request was denied due to a lack of land resources.

In the summer of 1887, after a visit from Bishop Macarius (Troitsky) of Orenburg, the sisters began to work actively towards creating a community. In 1889, Hieromonk Seraphim brought to Kustanay a copy of the miraculous Iveron Icon of the Mother of God, which spiritually strengthened the sisters. In 1890, they acquired a house for the community.

On May 25, 1894, the Kustanay Iversky Women's Community was officially established. By 1895, the community had grown to 80 sisters and took under its care the blind, infirm, and sick. In 1895, construction began on the monastery church and cells.

Abbess Anna (Elena Stefanovna Borodina) and Treasurer Ksenia Sadchikova made significant contributions to the development of the community. In 1895, Bishop Macarius blessed the construction of the refectory church, and regular services began the same year.

In 1898, a church literacy school was opened within the community. In 1901, the church in honor of the Iveron Icon of the Mother of God was consecrated. In 1908, a second priestly position was established in the monastery.

The monastery was actively engaged in charity work. In 1915, an orphanage for girls, the daughters of soldiers, was opened at the monastery. After the 1920 revolution, the monastery was nationalized. In 1930, it was closed, and its buildings were used for storage and as a technical school. Many nuns continued to live in the city in private apartments and houses. In 1937, mass repressions began, affecting the nuns and clergy.

In 2023, efforts to revive the Iversky Monastery began. Pilgrims started coming to the village of Oktyabrskoye, helping to restore the community. Cells were arranged for the monks, novices, and sisters of mercy. On July 25, 2024, the Holy Synod decided to open the Iversk-Petropavlovsk Women's Monastery and appointed Nun Nika (Otroshchenko) as the abbess of the newly established monastery.

This revival signifies a significant step in restoring the spiritual heritage and continuing the charitable and religious activities of the Iversky Monastery.