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Chetana Education Ltd.

Chetana Education Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹85
₹85
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹85
Based on GMP
Min. Investment
₹136,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 Jul 2024
Close Date
26 Jul 2024
Allotment
29 Jul 2024
Listing Date
31 Jul 2024
Exchange
NSE SME
Price Band
₹85
Listing Price
See chart
Allotment Status
Price Band
₹85
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
54,00,000 shares (aggregating up to ₹45.90 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹136,000
1 lot
Pre-IPO Holding
1,50,00,000 shares
Promoters
Post-IPO Holding
2,04,00,000 shares
Promoters
P/E (Pre)
10.59x
 
P/E (Post)
14.41x
 
EPS (Pre)
₹8.02
 
EPS (Post)
₹5.90
 
UPI Deadline
2024-07-26
Mandate
Anchor AllotmentTue, 23 Jul 2024
Basis of AllotmentMon, 29 Jul 2024
Refund InitiationTue, 30 Jul 2024
Demat CreditTue, 30 Jul 2024
Listing DayWed, 31 Jul 2024
UPI Mandate Deadline2024-07-26
Sale TypeFresh Capital
Net Offer to Public51,26,400 shares (aggregating up to ₹43.57 Cr)
Market Maker Quota2,73,600 shares (aggregating up to ₹2.33 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Chetana Education Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Jul 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
273,600
₹2.33
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,400,000
100% ₹45.90
IPO Shares Offered
Chetana Education Ltd. IPO total issue size: ₹45.90 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 273,600 ₹2.33
5.07%
Total 5,400,000 ₹45.90
100.00%
* Based on upper price band ₹85 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹85.00
Upper Band
Min Investment
₹136,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹272,000
Retail (Max — 13 Lots)1320,800₹1,768,000
S-HNI (Min — 14 Lots)1422,400₹1,904,000
B-HNI (Min — 68 Lots)68108,800₹9,248,000
* Issue Price ₹85 × Lot Size 1,600 shares
IPO Schedule
Anchor
23 Jul 2024
✓ Done
IPO Open
24 Jul 2024
✓ Done
IPO Close
26 Jul 2024
✓ Done
Allotment
29 Jul 2024
✓ Done
Refunds
30 Jul 2024
✓ Done
Demat Credit
30 Jul 2024
✓ Done
Listing Day
31 Jul 2024
✓ Done
Chetana Education Ltd. — Live Price LIVE
₹85.00
INR · NSE
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Issue ₹85.00 Live Price
About Chetana Education Ltd.
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 over 30,000 videos that can be accessed through QR codes.As of January 2024, the company has a distribution and sales network consisting of more than 500 distributors and dealers and a dedicated sales team working in branches and marketing offices across India.As of March 31, 2024, the company employed 408 people.
Objects of the Issue
1
Repayment of certain borrowing availed by the Company, in part or full;
2
To meet Working Capital requirements; and
3
General Corporate Purpose.
Chetana Education Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹4,312.2
31 Mar 2022
₹7,560.8
31 Mar 2023
₹9,367.1
31 Mar 2024
Profit After Tax (PAT)
₹168.1
31 Mar 2022
₹685.5
31 Mar 2023
₹1,203.5
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 9367.06 7560.77 4312.21
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1203.47 685.47 168.06
Net Worth 2524.55 2281.92 1947.33
Total Assets 9475.09 8315.08 7605.82
Reserves & Surplus 1024.55 N/A N/A
Borrowings 5128.73 4299.50 3876.03
EBITDA Margin (%) N/A
PAT Margin (%) 12.87%
P/BV Ratio
5.05
RoE
50.08%
RoCE
26.87%
RoNW
47.67%
PAT Margin
12.87%
Issue Structure & Shareholding
Total Shares Offered54,00,000 (100.00%)
Net Offer to Public51,26,400 shares (aggregating up to ₹43.57 Cr)
Reserved for Market Maker2,73,600 shares (aggregating up to ₹2.33 Cr)
Pre-Issue Promoter Holding1,50,00,000 shares
Post-Issue Promoter Holding2,04,00,000 shares
P/BV Ratio5.05
RoE50.08%
RoCE26.87%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Chetana Education Ltd. IPO subscribed?

Chetana Education Ltd. IPO is subscribed 1.00 times by Jul 26, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Chetana Education Ltd. IPO retail subscription status?

The Chetana Education Ltd. IPO retail category is subscribed 1.00 times as of 26 Jul 2024. The retail portion is oversubscribed.

How to subscribe Chetana Education Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 Jul 2024 and closes 26 Jul 2024. Min investment: ₹136,000 (1 lot = 1,600 shares). UPI mandate: 2024-07-26.

How many times Chetana Education Ltd. IPO subscribed?

The Chetana Education Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Chetana Education Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 29 Jul 2024. Refunds: on 30 Jul 2024.

When Chetana Education Ltd. IPO will be listed?

The Chetana Education Ltd. IPO listing date is 31 Jul 2024, Wednesday. Listed on: NSE SME. Issue price: ₹85. Estimated listing: ₹85. GMP: NIL.

When Chetana Education Ltd. IPO close?

The Chetana Education Ltd. IPO closes on 26 Jul 2024, Friday. UPI mandate: 2024-07-26. Allotment: 29 Jul 2024. Listing: 31 Jul 2024.