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 name | Kuberan Global Edu Solutions Limited |
| Sector | Others |
| Industry | Educational Institutions |
| Company Website | www.kgesltd.in |
Dates to remember
| IPO Open | 20 April 2021 |
| IPO Close | 27 April 2021 |
| Basis of Allotment | 30 April 2021 |
| Refunds date | 03 May 2021 |
| Credit to Demat Account | 04 May 2021 |
| Listing Date | 05 May 2021 |
IPO Details
| Issue Type | Fixed Price Issue IPO |
| Issue size | ₹1.12 Crore |
| No of shares offered | 558,000 Equity Shares |
| Face Value | ₹10 per equity share |
| Offer Price | ₹20 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Application amount | ₹120,000 |
| Listing At | BSE SME |
Financial summary
| Particulars | For the year/period ended (₹ in lakhs) | |||
|---|---|---|---|---|
| 31-Oct-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 175.19 | 156.19 | 163.93 | 123.32 |
| Total Revenue | 62.60 | 90.85 | 98.75 | 82.80 |
| Profit After Tax | 8.70 | 1.65 | 2.92 | 17.60 |
Company Promoters
- Mr. Chandramouleeswaran Krishnan
Kuberan Global Edu Solutions IPO Promoter Holding
| Pre Issue Share Holding | 93.36% |
| Post Issue Share Holding | 68.63% |
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
Website: http://www.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
Website: http://www.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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