Siddharth Education IPO — GMP, Details & Subscription

IPO Details

Open Date

29 Sep 2017

Close Date

05 Oct 2017

Allotment

11 Oct 2017

Listing Date

12 Oct 2017

Exchange

BSE SME

Price Band

₹35

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹35

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

31,08,000 shares (aggregating up to ₹10.88 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹140,000

1 lot

Pre-IPO Holding

84,91,500 shares

Promoters

Post-IPO Holding

1,15,99,500 shares

Promoters

UPI Deadline

2017-10-05

Mandate

Anchor AllotmentThu, 28 Sep 2017

Basis of AllotmentWed, 11 Oct 2017

Refund InitiationThu, 12 Oct 2017

Demat CreditThu, 12 Oct 2017

Listing DayThu, 12 Oct 2017

UPI Mandate Deadline2017-10-05

Sale TypeFresh Capital

Net Offer to Public29,52,000 shares (aggregating up to ₹10.33 Cr)

Market Maker Quota1,56,000 shares (aggregating up to ₹0.5460 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Siddharth Education IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 2017.

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	156,000	—	₹0.55
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,108,000	100%	₹10.88

IPO Shares Offered

Siddharth Education IPO total issue size: ₹10.88 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	156,000	₹0.55	5.02%
Total	3,108,000	₹10.88	100.00%

* Based on upper price band ₹35 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹35.00

Upper Band

Min Investment

₹140,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹280,000
Retail (Max — 13 Lots)	13	52,000	₹1,820,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,960,000
B-HNI (Min — 68 Lots)	68	272,000	₹9,520,000

* Issue Price ₹35 × Lot Size 4,000 shares

IPO Schedule

Anchor

28 Sep 2017

✓ Done

IPO Open

29 Sep 2017

✓ Done

IPO Close

05 Oct 2017

✓ Done

Allotment

11 Oct 2017

✓ Done

Refunds

12 Oct 2017

✓ Done

Demat Credit

12 Oct 2017

✓ Done

Listing Day

12 Oct 2017

✓ Done

₹35.00

INR · BSE

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Issue ₹35.00 Live Price

About Siddharth Education

Incorporated in 1997, Siddharth Education Services Limited provides tutorial coaching services for students of professional courses in India. It offers tutorial services for company secretary, chartered accountancy, and cost and management accountancy, as well as CFA courses.Currently they have 4 (four) Company operated centres and a team of 22 faculty members. The company offers test series courses which have been systematically designed to provide effective and efficient education to students in simple and lucid manner. A partnership arm of the group is engaged in farming segment which has negligible contribution in revenues but investment made is much higher than education segment.

Objects of the Issue

Establishment of new coaching centres

Acquisition of human resource training centres

Digital Marketing and Online Training

General Corporate Purpose

Siddharth Education Financials (Amount in core)

Revenue from Operations

₹20,764,261.0

31.03.2015

₹36,921,535.0

31.03.2016

₹49,469,470.0

31.03.2017

Profit After Tax (PAT)

N/A

31.03.2015

N/A

31.03.2016

N/A

31.03.2017

Particulars	31.03.2017	31.03.2016	31.03.2015
Revenue from Operations	49469470.00	36921535.00	20764261.00
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	54266295.45	44579109.54	38116017.88
Total Assets	142384804.45	120812343.54	90741683.08
Reserves & Surplus	22199795.45	12512609.54	6049517.88
Borrowings	6960167800.00	6960167800.00	6960167800.00
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered31,08,000 (100.00%)

Net Offer to Public29,52,000 shares (aggregating up to ₹10.33 Cr)

Reserved for Market Maker1,56,000 shares (aggregating up to ₹0.5460 Cr)

Pre-Issue Promoter Holding84,91,500 shares

Post-Issue Promoter Holding1,15,99,500 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

KARVY COMPUTERSHARE PRIVATE LIMITED

04067162222, 04079611000

einward.ris@karvy.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

GRETEX CORPORATE SERVICES PRIVATE LIMITED

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

IPO Subscription FAQs

How much Siddharth Education IPO subscribed? ▲

Siddharth Education IPO is subscribed 1.00 times by Oct 05, 2017. 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 Siddharth Education IPO retail subscription status? ▼

The Siddharth Education IPO retail category is subscribed 1.00 times as of 05 Oct 2017. The retail portion is oversubscribed.

How to subscribe Siddharth Education IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2017 and closes 05 Oct 2017. Min investment: ₹140,000 (1 lot = 4,000 shares). UPI mandate: 2017-10-05.

How many times Siddharth Education IPO subscribed? ▼

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

How to check Siddharth Education IPO allotment? ▼

Check allotment on the registrar website (KARVY COMPUTERSHARE PRIVATE LIMITED) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Oct 2017. Refunds: on 12 Oct 2017.

When Siddharth Education IPO will be listed? ▼

The Siddharth Education IPO listing date is 12 Oct 2017, Thursday. Listed on: BSE SME. Issue price: ₹35. Estimated listing: ₹35. GMP: NIL.

When Siddharth Education IPO close? ▼

The Siddharth Education IPO closes on 05 Oct 2017, Thursday. UPI mandate: 2017-10-05. Allotment: 11 Oct 2017. Listing: 12 Oct 2017.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹35.00

Change—

Issue Price₹35.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹35

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹140,000

GMPNIL

Est. Listing₹35

Subscribed1.00x

Open Date29 Sep 2017

Close Date05 Oct 2017

Allotment11 Oct 2017

Listing Date12 Oct 2017

ExchangeBSE SME

UPI Deadline2017-10-05