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Open
10 Aug 2011
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Close
12 Aug 2011
3
Allotment
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Listing
Fri, Aug 26, 2011
Price Band
₹135 to ₹153
Issue Size
84,32,189 shares (agg. up to ₹112 Cr)
Lot Size
40 Shares
Listing Date
Fri, Aug 26, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.72x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Career Point Infosystems Ltd. | Mainboard | ₹115.00 Cr | ₹310 | null | ₹628.15 | +102.63% | ₹110.01 (-1.59%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of pre-school business | 4.20 |
| 2 | Acquisition of office space | 1.35 |
| 3 | Procurement of exclusivity rights to provide educational services | 2.70 |
| 4 | Construction of infrastructure for an educational complex in Rajasthan and Gujarat | 4.03 |
| 5 | Repayment of loans | 2.86 |
| 6 | General corporate purposes |
About Tree House Education IPO
Incorporated in 2006, Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India.Tree House provide a wide variety of educational services to K-12 schools which includes designing curriculum and providing teaching aids, supplying methods for imparting education, organizing extra-curricular activities for students and teacher training. They offer playschool and nursery facilities, vacation camps, mother-toddler classes, hobby classes, day care facilities and teacher training course at pre-schools. Tree House Education's pre-schools are mainly located in the states of Maharashtra, Gujarat, Karnataka, Rajasthan and Andhra Pradesh. Company has been ranked amongst the 100 Small Business of the year 2010 in the annual survey conducted by the Franchising World.+ Read More
Contact Details
Tree House Education & Accessories Ltd. Address702 C, Morya HouseOff New Link RoadAndheri (West)Mumbai, Maharashtra, 400053+91 22 6456 2320compliance@treehouseplaygroup.netVisit Website