Kuberan Global Edu Solutions IPO

Kuberan Global Edu Solutions IPO (SME) Details

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Kuberan Global Edu Solutions IPO will open for subscription from 20 April 2020. the company aims for an issue size of ₹1.12 Crore through this fixed price SME IPO.

Also read: IPO List 2021: a complete list of IPOs in 2021

Kuberan Global Edu Solutions Limited

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.

Objects of the Issue

  • Capital expenditure for Digitalizing Banking Course through online mode by using IT (Information Technology).
  • To meet general corporate purposes.

Competitive strengths

  • Strong product portfolio with multiple courses.
  • Professional qualified and experienced management team.
  • Technical excellence and dedicated workforce.
  • Offers courses through both online and offline routes.

Basic details about the company

Full nameKuberan Global Edu Solutions Limited
IndustryEducational Institutions
Company Websitewww.kgesltd.in

Dates to remember

IPO Open20 April 2021
IPO Close27 April 2021
Basis of Allotment30 April 2021
Refunds date03 May 2021
Credit to Demat Account04 May 2021
 Listing Date05 May 2021

IPO Details

Issue TypeFixed Price Issue IPO
Issue size₹1.12 Crore
No of shares offered558,000 Equity Shares
Face Value₹10 per equity share
Offer Price₹20 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Application amount₹120,000
Listing AtBSE SME

Financial summary

ParticularsFor the year/period ended (₹ in lakhs)
Total Assets175.19156.19163.93123.32
Total Revenue62.6090.8598.7582.80
Profit After Tax8.701.652.9217.60

Company Promoters

  • Mr. Chandramouleeswaran Krishnan

Kuberan Global Edu Solutions IPO Promoter Holding

Pre Issue Share Holding93.36%
Post Issue Share Holding68.63%

Lead Managers

  • Fedex Securities Limited

Kuberan Global Edu Solutions IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Company Contact Information

Kuberan Global Edu Solutions Limited
401, GES Complex, 1st Floor, 7th Street,
Gandhipuram, Coimbatore–641012
Phone: 04224348001
Email: investor@kgesltd.in

Final thoughts

Kuberan Global Edu Solutions IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make a wise decision.

Happy Investing

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1 thought on “Kuberan Global Edu Solutions IPO (SME) Details”

  1. Pingback: IPO List 2021: a complete list of IPOs in 2021 - finvestfox.com

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