Sylph Education Solutions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,900,000 (48%) | — | ₹228 Cr |
| Retail | — | 1,900,000 (48%) | — | ₹228 Cr |
| Market Maker | — | 200,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 4,000,000 (100%) | — | ₹4,800 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 | 10,000 | ₹120,000 |
| Retail (Max) | 13 | 130,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 670,000 | ₹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 set up two new centers for establishment of Projects for Skill Development – 3.30
- 2 General corporate purpose – 1.00
- 3 Meet the issue expenses – 0.50
Company Overview
Incorporated in 2010, Sylph Education Solutions (SES) is engaged in providing educational services in the field of information technology (I.T) which is comprises of providing basic IT training at two centers namely "Little Wonder", a primary school and "IT Gurus".
The company is tutoring basic computer knowledge, internet, surfing, computer courses like Microsoft office, accounting and financial management, inventory management, statutory capabilities, tally.net capabilities, accounting courses like tally, various computer languages i.e C++,.Net, Java and Oracle, communication and soft skills etc. Its revenue comprises of sale of software, skill development fees, services provided to school and interest income. However, at present company is not providing services to the school.