Jointeca Education Solutions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,532,350 (43%) | — | ₹230 Cr |
| Retail | — | 1,532,350 (43%) | — | ₹230 Cr |
| Market Maker | — | 504,000 (14%) | — | ₹76 Cr |
| Σ Total | — | 3,568,700 (100%) | — | ₹5,353 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹120,000 |
| Retail (Max) | 13 | 104,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 112,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 536,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To expand our product Guruseva (Educational ERP Solution) under BOOT Model through Cloud Computing solutions, to establish and expand infrastructure for B2B Educational Portal www.shiklo.in, to meet the promotion and branding expenses for setting up robust sales network for our products – 6.16
- 2 Public Issue Expenses – 0.70
Company Overview
Incorporated in 2001, Jointeca Education Solutions Ltd is an ISO 9001:2008 certified company and provides a range of IT solutions for business in areas of Enterprise Application Solutions and Integrated IT Solutions. Jointeca Education Solutions Ltd's products as GuruSeva in education, Restro in restaurant and Prosav in investment field are designed according to the global market. Jointeca offers educational ERP solutions through its product GuruSeva and its business is concentrated mainly in the Northern Region of India.
JOINTECA Education Solutions Ltd has delivered successful Enterprises Application Solutions to high profile organizations in India and overseas. It includes CRM solutions and e-Commerce portals.
A comprehensive set of ERP Solutions in the field of publications, manufacturing and school management is the flagship product of the company to cater enterprises with large and medium business volumes. Jointeca Education Solutions Ltd seamlessly integrates all functions and processes of an enterprise to provide end-to-end integration and operate effectively.