Kuberan Global Edu Solutions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 264,000 (47%) | — | ₹53 Cr |
| Retail | — | 264,000 (47%) | — | ₹53 Cr |
| Market Maker | — | 30,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 558,000 (100%) | — | ₹1,116 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 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Oct-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 63 | 91 | 99 |
| Profit After Tax | 9 | 2 | 3 |
| Total Assets | 175 | 156 | 164 |
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 Capital expenditure for Digitalizing Banking Course through online mode by using Information Technology – 0.65
- 2 General Corporate Purposes – 0.25
Company Overview
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.
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.