Siddharth Education IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,476,000 (47%) | — | ₹517 Cr |
| Retail | — | 1,476,000 (47%) | — | ₹517 Cr |
| Market Maker | — | 156,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 3,108,000 (100%) | — | ₹10,878 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 | 4,000 | ₹140,000 |
| Retail (Max) | 13 | 52,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 268,000 | ₹9,380,000 |
Financial Statements Amount in core
| Metric | 31.03.2017 | 31.03.2016 | 31.03.2015 |
|---|---|---|---|
| Revenue | 49,469,470 | 36,921,535 | 20,764,261 |
| Net Worth | 54,266,295 | 44,579,110 | 38,116,018 |
| Total Assets | 142,384,804 | 120,812,344 | 90,741,683 |
| Reserves & Surplus | 22,199,795 | 12,512,610 | 6,049,518 |
| Total Borrowing | 6,960,167,800 | 6,960,167,800 | 6,960,167,800 |
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
- Establishment of new coaching centres – 2.20
- Acquisition of human resource training centres – 2.61
- Digital Marketing and Online Training – 1.61
- General Corporate Purpose – 3.12
Company Overview
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.