Issue Price
₹20
Per Share
GMP
NIL
Grey Market
Est. Listing
₹20
Expected Price
Min. Application
₹240,000
2 lots × 6000 shares
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 strengthsStrong product portfolio with multiple courses.Professional qualified and experienced management team.Technical excellence and dedicated workforce.Offers courses through both online and offline routes.
Kuberan Global Edu Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 30,000 | — | ₹0.06 Cr | — |
| TOTAL | 558,000 | 100.00% | ₹1.12 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| sNII (Min) | 14 | 84,000 | ₹1,680,000 |
| bNII (Min) | 68 | 408,000 | ₹8,160,000 |
| Particulars | 31-Oct-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 62.60 | 90.85 | 98.75 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 8.70 | 1.65 | 2.92 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 175.19 | 156.19 | 163.93 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |