Chetana Education Ltd
Price Range
₹80 - ₹85
Min. Quantity
1,600
Closes on
26 July 2024
Min. investment
₹1,36,000/1,600 Shares
Chetana Education Ltd IPO Timeline
Chetana Education Ltd was originally formed as a Limited Liability Partnership in the name and style of 'Chetana Publications (India) LLP' on December 30, 2017 vide Certificate of Incorporation issued by Central Registration Centre, Registrar of Companies. Then, the name of the Company changed to Chetana Education LLP', dated October 17, 2021 issued by the RoC. Subsequently, the Company got converted to a Public Company as Chetana Education Limited' and fresh Certificate of Incorporation dated January 21, 2024 was issued by the Registrar of Companies, Mumbai, Maharashtra.
| Event | Date |
|---|---|
| Chetana Education Ltd IPO Opening Date | 24 July 2024 |
| Chetana Education Ltd IPO Closing Date | 26 July 2024 |
| Basis of Allotment | 29 July 2024 |
| Initiation of Refunds | 30 July 2024 |
| Credit of Shares to Demat | 30 July 2024 |
| Chetana Education Ltd IPO Listing Date | 31 July 2024 |
Chetana Education Ltd IPO Details
| Chetana Education Ltd IPO Date | 24 July 2024 to 26 July 2024 |
| Chetana Education Ltd IPO Face Value | ₹10 per share |
| Chetana Education Ltd IPO Price | ₹80 to ₹85 per share |
| Chetana Education Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹45.9 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹45.9 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Anil Jayantilal Rambhia, Rakesh Jayantilal Rambhia, Shilpa & Anil Rambhia |
Chetana Education Ltd IPO Lot Size
The Chetana Education Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,36,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,36,000 |
| Maximum | 1 | 1,600 | ₹1,36,000 |
- Strengths
- Risks
- Opportunities
- Focused digital and technology platform.
- Consumer focused education content player.
- Healthy position in the K-12 market.
- Established network for content development and printing.
- Widespread sales and distribution network.
- Experienced management and leadership team.
Company Financials
Chetana Education Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 94.75 | 93.67 | 12.03 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of certain borrowings availed by the company in part or full
- To meet working capital requirements
- General corporate purposes
Chetana Education Ltd IPO Promoter Holding
| Pre Issue Share Holding | 46% |
| Post Issue Share Holding | 33.82% |
Chetana Education Ltd IPO Subscription Status (Bidding Detail)
The Chetana Education Ltd IPO is subscribed 183 times on 26 July 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 183 |
Chetana Education Ltd IPO Prospectus
Chetana Education Ltd IPO Listing Date
| Listing Date | 31 July 2024 |
| BSE Script | 92976 |
| NSE Symbol | CHETANA |
| Listing In | NSE - SME |
| ISIN | INE0U1T01012 |
| IPO Price | ₹85 |
| Face Value | ₹10 |
Company Contact Information
401 E-Wing B&C Block TradeLinkKamala Mill Delisle Road,Mumbai-400013
Phone: +91-22-6245 6000
Email: cs@chetanaeducation.com
Website: www.chetanaeducation.com
Chetana Education Ltd IPO Registrar
Chetana Education Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Chetana Education Ltd IPO?
I have pre-applied for Chetana Education Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.