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Open
24 Jul 2024
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Close
26 Jul 2024
3
Allotment
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Listing
Wed, Jul 31, 2024
Price Band
₹80 to ₹85
Issue Size
54,00,000 shares (agg. up to ₹46 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Jul 31, 2024
Latest GMP
₹25
Est. Gain
29.41%
✦ AI Insight
GMP Trend
31-07-2024₹25Est. ₹110+29.41%
30-07-2024₹25Est. ₹110+29.41%
29-07-2024₹31Est. ₹116+36.47%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 137.89x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 94.75 | 83.15 | 76.06 | 68.25 |
| Total Income | 93.67 | 75.61 | 43.12 | 32.71 |
| Profit After Tax | 12.03 | 6.85 | 1.68 | 2.80 |
| NET Worth | 25.25 | 22.82 | 19.47 | 20.91 |
| Reserves and Surplus | 10.25 | |||
| Total Borrowing | 51.29 | 43.00 | 38.76 | 34.88 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of certain borrowing availed by our Company, in part or full | 12.17 |
| 2 | To meet Working Capital requirements | 20.00 |
| 3 | General Corporate Purpose | 8.74 |
About Chetana Education IPO
Established in 2017, Chetana Education Limited specializes in publishing textbooks for CBSE/State Board curriculum for the 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 over 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 for a better learning experience. The company has entered into a strategic partnership with Allern Enterprises Private Limited, an ed-tech company, and has produced
Contact Details
Chetana Education Ltd. Address401, E-Wing, B & C BlockTrade Link, Kamala MillDelisle RoadMumbai, Maharashtra, 400013+91-22-6245 6000cs@chetanaeducation.comVisit Website