Tree House Education & Accessories Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,216,095 (50%) | — | ₹6,451 Cr |
| NII (HNI) | — | 1,264,828 (15%) | — | ₹1,935 Cr |
| Retail | — | 2,951,266 (35%) | — | ₹4,515 Cr |
| Σ Total | — | 8,432,189 (100%) | — | ₹129,012 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 | 40 | ₹6,120 |
| Retail (Max) | 13 | 520 | ₹79,560 |
| S-HNI (Min) | 14 | 560 | ₹85,680 |
| B-HNI (Min) | 67 | 2,680 | ₹410,040 |
Financial Statements Amount in ₹ Crore
| Metric | 31-Dec-10 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue | 31 | 22 | 11 |
| Profit After Tax | 7 | 3 | 1 |
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 Expansion of pre-school business – 4.20
- 2 Acquisition of office space – 1.35
- 3 Procurement of exclusivity rights to provide educational services – 2.70
- 4 Construction of infrastructure for an educational complex in Rajasthan and Gujarat – 4.03
- 5 Repayment of loans – 2.86
- 6 General corporate purposes –
Company Overview
Incorporated in 2006, Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India.
Tree House provide a wide variety of educational services to K-12 schools which includes designing curriculum and providing teaching aids, supplying methods for imparting education, organizing extra-curricular activities for students and teacher training.
They offer playschool and nursery facilities, vacation camps, mother-toddler classes, hobby classes, day care facilities and teacher training course at pre-schools. Tree House Education's pre-schools are mainly located in the states of Maharashtra, Gujarat, Karnataka, Rajasthan and Andhra Pradesh. Company has been ranked amongst the 100 Small Business of the year 2010 in the annual survey conducted by the Franchising World.