Kuberan Global Edu Solutions Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

20 Apr 2021

Close Date

27 Apr 2021

Allotment

30 Apr 2021

Listing Date

05 May 2021

Exchange

BSE SME

Price Band

₹20

Listing Price

See chart

Allotment Status

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Price Band

₹20

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

5,58,000 shares (aggregating up to ₹1.12 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

15,48,536 shares

Promoters

Post-IPO Holding

21,06,536 shares

Promoters

UPI Deadline

2021-04-27

Mandate

Anchor AllotmentMon, 19 Apr 2021

Basis of AllotmentFri, 30 Apr 2021

Refund InitiationMon, 03 May 2021

Demat CreditTue, 04 May 2021

Listing DayWed, 05 May 2021

UPI Mandate Deadline2021-04-27

Sale TypeFresh Capital

Net Offer to Public5,28,000 shares (aggregating up to ₹1.06 Cr)

Market Maker Quota30,000 shares (aggregating up to ₹0.0600 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Kuberan Global Edu Solutions Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Apr 2021.

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	30,000	—	₹0.06
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	558,000	100%	₹1.12

IPO Shares Offered

Kuberan Global Edu Solutions Ltd. IPO total issue size: ₹1.12 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	30,000	₹0.06	5.38%
Total	558,000	₹1.12	100.00%

* Based on upper price band ₹20 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹20.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹240,000
Retail (Max — 13 Lots)	13	78,000	₹1,560,000
S-HNI (Min — 14 Lots)	14	84,000	₹1,680,000
B-HNI (Min — 68 Lots)	68	408,000	₹8,160,000

* Issue Price ₹20 × Lot Size 6,000 shares

IPO Schedule

Anchor

19 Apr 2021

✓ Done

IPO Open

20 Apr 2021

✓ Done

IPO Close

27 Apr 2021

✓ Done

Allotment

30 Apr 2021

✓ Done

Refunds

03 May 2021

✓ Done

Demat Credit

04 May 2021

✓ Done

Listing Day

05 May 2021

✓ Done

₹20.00

INR · BSE

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Issue ₹20.00 Live Price

About Kuberan Global Edu Solutions Ltd.

Incorporated in 2013, Kuberan Global Edu Solutions Limited (KGES) is a Tamil Nadu based company that offers "TEST PREP" segment services including Banking courses, Accounting & Professional Courses (CA, CS, CMA), Master of Business Administration Entrance exams, Staff Selection Commission (SSC), and Other Competitive Exams.The company follows Kuberan class (virtual learning concept) through the use of IT to offer courses via online teaching and classroom environment. Online web conferencing, video conferencing chat rooms, Voice over IP (Internet Protocol) are used to provide e-learning facilities to clients. It also provides custom courses and offers customized training to the government, corporates, and other educational institutions. The company has training units in Coimbatore, Tuticorin, Surat, Udumalaipet.Competitive strengthsStrong product portfolio with multiple courses.Professional qualified and experienced management team.Technical excellence and dedicated workforce.Offers courses through both online and offline routes.

Objects of the Issue

1 Capital expenditure for Digitalizing Banking Course through online mode by using Information Technology

2 General Corporate Purposes

Kuberan Global Edu Solutions Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹98.8

31-Mar-19

₹90.9

31-Mar-20

₹62.6

31-Oct-20

Profit After Tax (PAT)

₹2.9

31-Mar-19

₹1.7

31-Mar-20

₹8.7

31-Oct-20

Particulars	31-Oct-20	31-Mar-20	31-Mar-19
Revenue from Operations	62.60	90.85	98.75
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	8.70	1.65	2.92
Net Worth	N/A	N/A	N/A
Total Assets	175.19	156.19	163.93
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered5,58,000 (100.00%)

Net Offer to Public5,28,000 shares (aggregating up to ₹1.06 Cr)

Reserved for Market Maker30,000 shares (aggregating up to ₹0.0600 Cr)

Pre-Issue Promoter Holding15,48,536 shares

Post-Issue Promoter Holding21,06,536 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Fedex Securities Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Kuberan Global Edu Solutions Ltd. IPO subscribed? ▲

Kuberan Global Edu Solutions Ltd. IPO is subscribed 1.00 times by Apr 27, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Kuberan Global Edu Solutions Ltd. IPO retail subscription status? ▼

The Kuberan Global Edu Solutions Ltd. IPO retail category is subscribed 1.00 times as of 27 Apr 2021. The retail portion is oversubscribed.

How to subscribe Kuberan Global Edu Solutions Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 20 Apr 2021 and closes 27 Apr 2021. Min investment: ₹120,000 (1 lot = 6,000 shares). UPI mandate: 2021-04-27.

How many times Kuberan Global Edu Solutions Ltd. IPO subscribed? ▼

The Kuberan Global Edu Solutions Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kuberan Global Edu Solutions Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Apr 2021. Refunds: on 03 May 2021.

When Kuberan Global Edu Solutions Ltd. IPO will be listed? ▼

The Kuberan Global Edu Solutions Ltd. IPO listing date is 05 May 2021, Wednesday. Listed on: BSE SME. Issue price: ₹20. Estimated listing: ₹20. GMP: NIL.

When Kuberan Global Edu Solutions Ltd. IPO close? ▼

The Kuberan Global Edu Solutions Ltd. IPO closes on 27 Apr 2021, Tuesday. UPI mandate: 2021-04-27. Allotment: 30 Apr 2021. Listing: 05 May 2021.

Quick Actions

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Live Price LIVE

Last Price₹20.00

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Issue Price₹20.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹20

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹20

Subscribed1.00x

Open Date20 Apr 2021

Close Date27 Apr 2021

Allotment30 Apr 2021

Listing Date05 May 2021

ExchangeBSE SME

UPI Deadline2021-04-27