Kuberan Global Edu Solutions Limited IPO
BSE SMEListed On: May 5, 2021 at ₹ 21.0
₹ 240000 /12000 Shares
*Min Investment
20 Apr, 2021
Open Date27 Apr, 2021
Close Date30 Apr, 2021
Allotment Date05 May, 2021
Listing DateIPO Issue Details
- Issue Price ₹20 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 558,000 Eq Shares of ₹10 (aggregating up to ₹1.12 Cr)
- Listing at BSE SME
- List Price 21.0
- Listing Date 2021-05-05
- Lead Manager Fedex Securities Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Kuberan Global Edu Solutions Limited IPO is an SME IPO, priced at ₹20 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Apr 20, 2021 to Apr 27, 2021. The allotment is expected to be finalized on Apr 30, 2021, and the tentative listing date is May 5, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And 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
Company Financials
| 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 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)
Mr. Chandramouleeswaran Krishnan
Pre Issue Share Holding : 93.36%
Post Issue Share Holding : 68.63%
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. You can track the real-time subscription numbers using the links below:
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 Kuberan Global Edu Solutions Limited IPO price band is set between ₹20 per equity share.
Ans. To apply for Kuberan Global Edu Solutions Limited 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 Kuberan Global Edu Solutions Limited IPO allotment status online.
