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Open
29 Sep to 5 Oct, 2017
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Close
29 Sep to 5 Oct, 2017
3
Allotment
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Listing
Thu, Oct 12, 2017
Price Band
₹30 to ₹35
Issue Size
31,08,000 shares (agg. up to ₹11 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Oct 12, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.27x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 14.24 | 12.08 | 9.07 |
| Total Income | 4.95 | 3.69 | 2.08 |
| Profit After Tax | 0.97 | 0.65 | -0.31 |
| NET Worth | 5.43 | 4.46 | 3.81 |
| Reserves and Surplus | 2.22 | 1.25 | 0.60 |
| Total Borrowing | 6.85 | 6.65 | 4.92 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Global Education Ltd. | SME | ₹10.25 Cr | ₹150 | null | ₹180.00 | +20.00% | ₹99.21 (-2.94%) |
| CL Educate Ltd. | Mainboard | ₹238.95 Cr | ₹502 | null | ₹422.10 | -15.92% | ₹58.13 (+1.45%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Establishment of new coaching centres | 2.20 |
| 2 | Acquisition of human resource training centres | 2.61 |
| 3 | Digital Marketing and Online Training | 1.61 |
| 4 | General Corporate Purpose | 3.12 |
About Siddharth Education IPO
Incorporated in 1997, Siddharth Education Services Limited provides tutorial coaching services for students of professional courses in India. It offers tutorial services for company secretary, chartered accountancy, and cost and management accountancy, as well as CFA courses.Currently they have 4 (four) Company operated centres and a team of 22 faculty members. The company offers test series courses which have been systematically designed to provide effective and efficient education to students in simple and lucid manner. A partnership arm of the group is engaged in farming segment which has negligible contribution in revenues but investment made is much higher than education segment.+ Read More
Contact Details
Siddharth Education Services Ltd. Address101 1st Floor Chirag ArcadeBehind Nagrik Stores E R RoadThane (West)Mumbai, Maharashtra, 400601+91-22-25334903siddharth_academy@yahoo.co.inVisit Website