Shanti Educational Initiatives Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

01 Jun 2016

Close Date

06 Jun 2016

Allotment

12 Jun 2016

Listing Date

14 Jun 2016

Exchange

BSE SME

Price Band

₹90

Listing Price

See chart

Allotment Status

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Price Band

₹90

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

44,00,000 shares (aggregating up to ₹39.60 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹144,000

1 lot

Pre-IPO Holding

1,53,00,000 shares

Promoters

Post-IPO Holding

1,61,00,000 shares

Promoters

UPI Deadline

2016-06-06

Mandate

Anchor AllotmentTue, 31 May 2016

Basis of AllotmentSun, 12 Jun 2016

Refund InitiationMon, 13 Jun 2016

Demat CreditMon, 13 Jun 2016

Listing DayTue, 14 Jun 2016

UPI Mandate Deadline2016-06-06

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public41,60,000 shares (aggregating up to ₹37.44 Cr)

Market Maker Quota2,40,000 shares (aggregating up to ₹2.16 Cr)

Fresh Issue Shares5,60,000 shares (aggregating up to ₹5.04 Cr)

Offer for Sale36,00,000 shares of ₹10 (aggregating up to ₹32.40 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Shanti Educational Initiatives Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Jun 2016.

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	240,000	—	₹2.16
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,080,000	100%	₹18.72

IPO Shares Offered

Shanti Educational Initiatives Ltd. IPO total issue size: ₹18.72 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	240,000	₹2.16	11.54%
Total	2,080,000	₹18.72	100.00%

* Based on upper price band ₹90 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹90.00

Upper Band

Min Investment

₹144,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹288,000
Retail (Max — 13 Lots)	13	20,800	₹1,872,000
S-HNI (Min — 14 Lots)	14	22,400	₹2,016,000
B-HNI (Min — 68 Lots)	68	108,800	₹9,792,000

* Issue Price ₹90 × Lot Size 1,600 shares

IPO Schedule

Anchor

31 May 2016

✓ Done

IPO Open

01 Jun 2016

✓ Done

IPO Close

06 Jun 2016

✓ Done

Allotment

12 Jun 2016

✓ Done

Refunds

13 Jun 2016

✓ Done

Demat Credit

13 Jun 2016

✓ Done

Listing Day

14 Jun 2016

✓ Done

₹90.00

INR · BSE

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Issue ₹90.00 Live Price

About Shanti Educational Initiatives Ltd.

Incorporated in 2010, Shanti Educational Initiatives Ltd (SEIL) engaged in the business of providing educational support services to preschools, K-12 and premium category preschools in India. Three business units of the company are as under:Shanti Juniors: With 154 franchised preschools under the brand name of 'Shanti Juniors' spread over western, southern and northern region in India, they are rapidly growing popularity in preschool segment.Shanti Asiatic School: Under the brand name of 'Shanti Asiatic School' there are 6 K-12 schools having over approximately 3600 students.Shanti's Hopskotch: There are 5 premium category preschools to serve the niche segment which aspire for premium quality education, ambience and learning environment for children under the brand name of 'Shanti's Hopskotch'.Company is headquartered in Ahmedabad, Gujrat. Apart from Gujarat Company's presence is also concentrated in the states of Rajasthan, Bihar, Maharashtra, Karnataka, and Tamil Nadu.

Objects of the Issue

1 Construction of School Building at Vastralin Gujarat

2 General Corporate Expenses

3 Issue Expenses

Shanti Educational Initiatives Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

RoNW

2.88%

Issue Structure & Shareholding

Total Shares Offered20,80,000 (47.27%)

Net Offer to Public41,60,000 shares (aggregating up to ₹37.44 Cr)

Reserved for Market Maker2,40,000 shares (aggregating up to ₹2.16 Cr)

Pre-Issue Promoter Holding1,53,00,000 shares

Post-Issue Promoter Holding1,61,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

seil.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Oneview Corporate Advisors Pvt.Ltd.

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

IPO Subscription FAQs

How much Shanti Educational Initiatives Ltd. IPO subscribed? ▲

Shanti Educational Initiatives Ltd. IPO is subscribed 1.00 times by Jun 06, 2016. 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 Shanti Educational Initiatives Ltd. IPO retail subscription status? ▼

The Shanti Educational Initiatives Ltd. IPO retail category is subscribed 1.00 times as of 06 Jun 2016. The retail portion is oversubscribed.

How to subscribe Shanti Educational Initiatives Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 01 Jun 2016 and closes 06 Jun 2016. Min investment: ₹144,000 (1 lot = 1,600 shares). UPI mandate: 2016-06-06.

How many times Shanti Educational Initiatives Ltd. IPO subscribed? ▼

The Shanti Educational Initiatives Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Shanti Educational Initiatives 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: 12 Jun 2016. Refunds: on 13 Jun 2016.

When Shanti Educational Initiatives Ltd. IPO will be listed? ▼

The Shanti Educational Initiatives Ltd. IPO listing date is 14 Jun 2016, Tuesday. Listed on: BSE SME. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When Shanti Educational Initiatives Ltd. IPO close? ▼

The Shanti Educational Initiatives Ltd. IPO closes on 06 Jun 2016, Monday. UPI mandate: 2016-06-06. Allotment: 12 Jun 2016. Listing: 14 Jun 2016.

Quick Actions

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Live Price LIVE

Last Price₹90.00

Change—

Issue Price₹90.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹90

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹144,000

GMPNIL

Est. Listing₹90

Subscribed1.00x

Open Date01 Jun 2016

Close Date06 Jun 2016

Allotment12 Jun 2016

Listing Date14 Jun 2016

ExchangeBSE SME

UPI Deadline2016-06-06