Contents
- 1 Table of Contents
- 2 Chetana Education IPO Details
- 3 Chetana Education IPO Date
- 4 Lot Size
- 5 Chetana Education IPO GMP (Grey Market Premium)
- 6 Chetana Education IPO Subscription Status
- 7 Chetana Education IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Chetana Education Limited Financial Information
- 11 Financial KPIs of Clinitech Laboratory Limited
- 12 Chetana Education IPO Valuation – FY2024
- 13 Peer Group
- 14 Chetana Education Limited IPO Registrar
- 15 Chetana Education Limited IPO Lead Manager
- 16 Chetana Education Limited Contact
- 17 Chetana Education IPO Application Form PDF
- 18 Chetana Education Limited IPO FAQs
Chetana Education IPO is a fixed-price issue aiming to raise ₹45.90 crores. The entire issue consists of 54 lakh new equity shares.
Chetana Education IPO is open for subscription on July 24, 2024, and closes on July 26, 2024. The allotment for the IPO is expected on July 29, 2024. Chetana Education IPO will be listed on NSE SME with a listing date fixed as July 31, 2024.
Source from Chetana Education IPO RHP
Table of Contents
Chetana Education IPO Details
| Chetana Education IPO | |
| Open Date | July 24, 2024 |
| Close Date | July 26, 2024 |
| IPO Size | A total of Rs ₹45.90 crores and 54 lakh shares |
| Fresh Issue | 54,00,000 Equity Shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹80 to ₹85 per share |
| IPO Listing on | NSE SME |
| Lot Size | 1600 Shares |
| OFS | N.A |
| Share Offered to Retail | 35% |
| Share Offered to QIB | 50% |
| Share Offered to HNI | 15% |
Chetana Education IPO Date
- IPO Open Date: July 24, 2024
- IPO Close Date: July 26, 2024
- Allotment: July 29, 2024
- Refunds: July 30, 2024
- Shares Credit to Demat: July 30, 2024
- Listing Date: July 31, 2024
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹136,000 |
| Retail (Max) | 1 | 1600 | ₹136,000 |
| HNI (Min) | 2 | 3,200 | ₹272,000 |
Chetana Education IPO GMP (Grey Market Premium)
If you want to know Chetana Education IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Chetana Education IPO Subscription Status
Chetana Education IPO subscription starts on July 24, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Chetana Education IPO Allotment Status
To check the Chetana Education IPO allotment status go to the IPO registrar website ”Link Intime India Private Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
- Introduction:
- Chetana Education Limited started in 2017 and focuses on educational resources.
- They create textbooks for CBSE and state board curricula for K-12 students.
- Product Range:
- They offer a wide range of textbooks covering all school grades from early education to senior secondary.
- Currently, they have 700 different titles under various brands like Master Key, Self-Study, and Firefly.
- Digital Initiatives:
- Chetana Education has developed educational software that includes QR codes for quick access to videos designed for both teachers and students.
- They’ve collaborated with Allern Enterprises to produce over 30,000 educational videos accessible via QR codes.
- Content Creation:
- The company collaborates with more than 400 authors who contribute to content creation.
- They aim to enhance learning experiences through innovative teaching materials.
- Market Reach:
- Chetana Education operates with a large distribution network comprising over 500 distributors and dealers across India.
- They have sales teams based in multiple branches and marketing offices throughout the country.
- Achievements:
- Over 6 million books have been sold to date, catering to a broad spectrum of educational needs.
- They continually expand their offerings to meet the evolving demands of students and educators.
Objects of the Issue
- Repayment of certain borrowing availed by our Company, in part or full
- To meet Working Capital requirements
- General Corporate Purpose
Chetana Education Limited Financial Information
The financial information for Chetana Education Limited is presented in a table format:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets (₹ Lakhs) | 9,475.09 | 8,315.08 | 7,605.82 | 6,825.10 |
| Revenue (₹ Lakhs) | 9,367.06 | 7,560.77 | 4,312.21 | 3,270.96 |
| Profit After Tax (₹ Lakhs) | 1,203.47 | 685.47 | 168.06 | 280.30 |
| Net Worth (₹ Lakhs) | 2,524.55 | 2,281.92 | 1,947.33 | 2,091.10 |
| Total Borrowing (₹ Lakhs) | 5,128.73 | 4,299.50 | 3,876.03 | 3,487.85 |
This table summarizes the key financial metrics for Chetana Education Limited over the past four financial years, reflecting their assets, revenue, profit after tax, net worth, reserves and surplus, and total borrowing.
Financial KPIs of Clinitech Laboratory Limited
| Key Performance Indicators | FY 2023-24 (₹ Lakhs) | FY 2022-23 (₹ Lakhs) | FY 2021-22 (₹ Lakhs) |
|---|---|---|---|
| Revenue from operations | 9350.55 | 7555.71 | 4309.05 |
| EBITDA | 2109.30 | 1386.20 | 605.82 |
| EBITDA Margin | 22.56% | 18.35% | 14.06% |
| PAT | 1203.47 | 685.47 | 168.06 |
| PAT Margin | 12.87% | 9.07% | 3.90% |
| Return on Equity (RoE)(%) | 50.08% | 32.42% | 8.32% |
| Return on Capital Employed (RoCE) (%) | 26.87% | 20.55% | 9.94% |
Chetana Education IPO Valuation – FY2024
Peer Group
- S Chand and Company Limited
- Navneet Education Limited
Chetana Education Limited IPO Registrar
Link Intime India Private Limited
Address: C – 101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West),
Mumbai – 400083, Maharashtra, India
Telephone: Facsimile: +91 810 811 4949
Email: Chetana.smeipo@linkintime.co.in
Investor Grievance Email: Chetana.smeipo@linkintime.co.in
Website: www.linkintime.co.in
Chetana Education Limited IPO Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Chetana Education Limited Contact
Chetana Education Limited
401, E-Wing, B & C Block,
Trade Link, Kamala Mill, Delisle Road,
Mumbai, Mumbai City – 400013
Phone: +91-22-6245 6000
Email: cs@chetanaeducation.com
Website: http://www.chetanaeducation.com/
Chetana Education IPO Application Form PDF
To download the Chetana Education Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
Chetana Education Limited IPO FAQs
What is the Chetana Education Limited IPO?
Chetana Education Limited is launching its Initial Public Offering (IPO) to raise funds for various purposes including repayment of borrowings, working capital requirements, and general corporate purposes.
When does the Chetana Education Limited IPO open and close?
The Chetana Education Limited IPO opens for subscription on July 24, 2024, and closes on July 26, 2024.
Chetana Education Limited IPO shares will be listed on the NSE SME exchange, with the listing date scheduled for July 31, 2024.
