Chetana Education Limited IPO
NSE SMEListed On: Jul 31, 2024 at ₹ 98.9
₹ 136000 /1600 Shares
Check AllotmentChetana Education Limited IPO Details
24 Jul, 2024
Open Date26 Jul, 2024
Close Date29 Jul, 2024
Allotment Date31 Jul, 2024
Listing DateIssue Price
₹80-85 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
98.9Listing Date
2024-07-31Market Lot
1600 Shares (₹136,000/-)Lead Manager
Hem Securities LimitedIssue Size
5,400,000 shares(aggregating up to ₹45.90 Cr)Retail Portion
35%Subscription
196.57 timesChetana Education Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,025,600 / 769,600 | 1,795,200 | 3,590,400 |
Day 1 - 24-07-24 06:00 PM | 4.20 / 1.96 x | 2.52 x | 2.88 x |
Day 2 - 25-07-24 06:00 PM | 4.20 / 11.10 x | 18.91 x | 13.03 x |
Day 3 - 26-07-24 06:00 PM | 101.22 / 468.70 x | 134.37 x | 196.57 x |
Chetana Education Limited Valuations
EPS Pre IPO
₹8.02/-EPS Post IPO
₹5.9/-P/E Pre IPO
10.59P/E Post IPO
14.41RoNW
47.67%Chetana Education Limited Company Financials All values are in ₹ Lakh
21-Jan-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|
Assets | 6,682.64 | 8,315.08 | 7,605.82 |
Revenue | 5,328.34 | 7,560.77 | 4,312.21 |
Profit After Tax | 178.92 | 685.47 | 168.06 |
About The Company
Chetana Education Limited specializes in publishing textbooks for CBSE/State Board curriculum for K-12 segment and educational software for educational videos for teachers and students accessible through QR (Quick Response) codes.
Chetana Education currently caters to the Maharashtra State Board and the Central Board of Secondary Education (CBSE) and covers the entire spectrum of textbooks from early pre-primary education to K-12 courses. The company has sold more than 6 million books for students at various grade levels, from pre-primary to primary, secondary and senior secondary. The company works with over 400 contract authors who contribute to the creation of content for the company.
The company has a portfolio of 700 titles (as of 2023) with 15 different brands including Master Key, Self-Study, Firefly, Bright Buddies, My Skill Book, Grade Me, QR Series, etc. The company has also developed a range of digital content to enhance students' understanding of specific subjects and harness the content usable for a better learning experience. The company has entered into a strategic partnership with Allern Enterprises Private Limited, an edtech company, and has produced over 30,000 videos that can be accessed through QR codes.
As of January 2024, the company has a distribution and sales network consisting of more than 500 distributors and dealers and a dedicated sales team working in branches and marketing offices across India.
As of December 31, 2023, the company employed a total of 470 people.
Chetana Education Limited - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Company Promoter(s)
- Anil Jayantilal Rambhia
- Rakesh Jayantilal Rambhia
- Shilpa Anil Rambhia
Chetana Education Limited IPO - Issue Objectives
- Repayment of certain borrowing availed by the Company, in part or full
- To meet Working Capital requirements
- General Corporate Purpose.
Other Details
Chetana Education Limited
401, E-Wing, B & C Block, Trade Link, Kamala Mill, Delisle Road, Mumbai, Mumbai City - 400013Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Chetana.smeipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Chetana Education Limited IPO - FAQs
Ans. Chetana Education Limited IPO is a SME IPO. The issue is priced at ₹80-85 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jul 24, 2024, and closes on Jul 26, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Chetana Education Limited IPO opens on Jul 24, 2024 and closes on Jul 26, 2024.
Ans. The size of Chetana Education Limited IPO is 5,400,000 shares(aggregating up to ₹45.90 Cr).
Ans. The IPO price band is set between ₹80-85 per equity share.
Ans. To apply for Chetana Education Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Chetana Education Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Chetana Education Limited IPO is Jul 29, 2024.
Ans. The Chetana Education Limited IPO will be listed on Jul 31, 2024.
Ans. Follow the steps to check the allotment status for Chetana Education Limited IPO here.