IPO

Chetana Education Ltd. IPO

Chetana Education Ltd., established in 2021, operates in the Education - Coaching/Study Material/Others sector. The company's IPO opened on July 24, 2024 and closed on July 26, 2024, with an issue ... Read more

Min Investment
₹ 1,36,000 / 1600 shares
Price Range
₹80 - ₹ 85
Bidding Dates
24 Jul '24 - 26 Jul '24
Total Issue Value
45.90 Cr
Lot Size
1,600
Total Issue Size
45.90 Cr
Listing At
NSE SME
Subscription
183.60 times
NSE Price
97.20 (14.35%)

IPO Timeline

  • 24 Jul 2024
    Bidding Starts
  • 26 Jul 2024
    Bidding Ends
  • 29 Jul 2024
    Allotment Finalization
  • 31 Jul 2024
    Listing

About Chetana Education Ltd.

We are a content-based company, specializing in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. Additionally, we provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes, ... Read more

Parent organisation
Founded
Chetana Education Ltd.
2021

Chetana Education Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 15,36,960 (28.46%)
Market Makers 2,73,600 (5.07%)
Non Institutional Investors 7,69,600 (14.25%)
Qualified Institutional Buyers (QIBs) 10,24,640 (18.97%)
Retail Individual Investors (RIIs) 17,95,200 (33.24%)

Chetana Education Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 40.39 Cr 10.38 Cr 10.03 Cr
31 Mar 2023 75.61 Cr 6.85 Cr 0
31 Mar 2022 43.12 Cr 1.68 Cr 0

Chetana Education Ltd. Background

Major Events And Milestones
  • 2017
    Incorporation of the Limited Liability Partnership in the name and style of “Chetana Publications (India) LLP founded by Anil Jayantilal Rambhia and Rakesh Jayantilal Rambhia
  • 2018
    Purchase of the publication undertaking from Chetana Book Depot and Chetana Publishing Private Limited.
  • 2019
    Introducing blended learning programs by use of QR based books.
  • 2021
    Entering into consigning and forwarding agreement for North India region
  • 2022
    Entering into consigning and forwarding agreement for South India region
  • 2023
    Introduction to Coding & Robotics
  • 2024
    Conversion of the Limited Liability Partnership into the Public Limited Company as per the provisions of the Companies Act, 2013.
Chetana Education Ltd. Object of Issues

1. Repayment of certain borrowing availed by our Company, in part or full
2. To meet Working Capital requirements
3. General Corporate Purpose

Chetana Education Ltd. IPO Listing Details
Listing Date
31 Jul 2024
NSE Symbol
CHETANA
ISIN
INE0U1T01012
Final Issue Price
₹ 85
Chetana Education Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 85.00
Open - ₹ 98.90
Low - ₹ 93.95
High - ₹ 103.80
Last Trade - ₹ 103.80
Chetana Education Ltd. Company Promoters

1. Anil Jayantilal Rambhia
2. Rakesh Jayantilal Rambhia
3. Shilpa Anil Rambhia

Industry Overview

With ~26.31% of India’s population in the age group of 0-14 years, India’s education sector provides numerous opportunities for growth. According to the Union Budget 2023-24: The government allocated Rs. 68,804.85 crore (US$ 8.3 billion) for the Department of School Education and ... Read more

Chetana Education Ltd. Contact Details
Address: 401, E-Wing, B & C Block, Trade Link, Kamala Mill, Delisle Road, Mumbai Maharashtra - 400013
Phone no:62456000
62456000
|
Chetana Education Ltd. IPO Registrar
Link intime India Pvt. Ltd.
C-101, 247 Park, LBS Marg, Vikhroli (West), Mumbai Maharashtra - 400083
49186000
Chetana Education Ltd. IPO Lead Manager(s)
Hem Securities Ltd
No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013
49060000

FAQs

When does Chetana Education Ltd. IPO opens and closes?

Chetana Education Ltd. IPO opens from 24th July to 26th July 2024.

What is the size of Chetana Education Ltd. IPO?

The size of the Chetana Education Ltd. IPO is ₹45.90 Cr.

What is the price range of Chetana Education Ltd. IPO?

The price range of Chetana Education Ltd. IPO is at ₹80 to ₹85 per share.

What is the minimum investment and lot size required for the Chetana Education Ltd. IPO?

The minimum investment required is ₹1,36,000 and minimum lot size is 1600 shares.

When is Chetana Education Ltd. IPO listing date?

The Chetana Education Ltd. IPO will be listed on 31st July 2024.

What is the objective of Chetana Education Ltd. IPO?

1. Repayment of certain borrowing availed by our Company, in part or full
2. To meet Working Capital requirements
3. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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