Kuberan Global Edu Solutions Limited IPO

BSE SME

Listed On: May 5, 2021 at ₹ 21.0

₹ 120000 /6000 Shares

Check Allotment

IPO Details

20 Apr, 2021

Open Date

27 Apr, 2021

Close Date

30 Apr, 2021

Allotment Date

05 May, 2021

Listing Date

Issue Price

₹20 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

21.0

Listing Date

2021-05-05

Market Lot

6000 Shares (₹120,000/-)

Lead Manager

Fedex Securities Limited

Issue Size

558,000 Eq Shares of ₹10 (aggregating up to ₹1.12 Cr)

Retail Portion

N/A

Subscription

3.30 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	264,000	264,000	528,000
Day 1 - 20-04-21 07:00 PM	0.20 x	0.30 x	0.25 x
Day 2 - 22-04-21 07:00 PM	0.68 x	1.39 x	1.03 x
Day 3 - 23-04-21 07:00 PM	0.80 x	1.93 x	1.36 x
Day 4 - 26-04-21 07:00 PM	1.14 x	3.14 x	2.14 x
Day 5 - 27-04-21 07:00 PM	1.41 x	5.18 x	3.30 x

Valuations

Earnings Per Share (EPS)

₹0.08/-

P/E Ratio

263.32

RoNW

1.08%

Net Asset Value (NAV) - Post Issue

₹13.32/-

Company Financials All values are in ₹ Cr.

	31-Oct-20	31-Mar-20	31-Mar-19	31-Mar-18
Assets	1.75	1.56	1.63	1.23
Revenue	0.62	0.90	0.98	0.82
Profit After Tax	8.70	0.165	0.292	0.176

About The Company

Kuberan Global Edu Solutions Limited (KGES) is a Tamil Nadu based company that offers "TEST PREP" segment services including Banking courses, Accounting & Professional Courses (CA, CS, CMA), Master of Business Administration Entrance exams, Staff Selection Commission (SSC), and Other Competitive Exams.

The company follows Kuberan class (virtual learning concept) through the use of IT to offer courses via online teaching and classroom environment. Online web conferencing, video conferencing chat rooms, Voice over IP (Internet Protocol) are used to provide e-learning facilities to clients. It also provides custom courses and offers customized training to the government, corporates, and other educational institutions. The company has training units in Coimbatore, Tuticorin, Surat, Udumalaipet.

- Promoter(s)

Pre Issue Share Holding: 93.36%

Post Issue Share Holding: 68.63%

Company Promoter(s)

Mr. Chandramouleeswaran Krishnan

IPO - Issue Objectives

Capital expenditure for Digitalizing Banking Course through online mode by using IT (Information Technology).
To meet general corporate purposes.

IPO - FAQs

Ans. Kuberan Global Edu Solutions Limited IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Apr 20, 2021, and closes on Apr 27, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Kuberan Global Edu Solutions Limited IPO opens on Apr 20, 2021 and closes on Apr 27, 2021.

Ans. The size of Kuberan Global Edu Solutions Limited IPO is 558,000 Eq Shares of ₹10 (aggregating up to ₹1.12 Cr).

Ans. The IPO price band is set between ₹20 per equity share.

Ans. To apply for Kuberan Global Edu Solutions Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Kuberan Global Edu Solutions 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 Kuberan Global Edu Solutions Limited IPO is Apr 30, 2021.

Ans. The Kuberan Global Edu Solutions Limited IPO will be listed on May 5, 2021.

Ans. Follow the steps to check the allotment status for Kuberan Global Edu Solutions Limited IPO here.