IPO Issue Details
Issue Price / Price Band₹670 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size22 Shares per Lot
Total Issue Size1,08,73,982 shares (aggregating up to ₹728.56 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 26 Apr 2017
Subscription CloseFri, 28 Apr 2017
Anchor AllotmentTue, 25 Apr 2017
Basis of AllotmentThu, 04 May 2017
Initiation of RefundsFri, 05 May 2017
Credit of Shares to DematMon, 08 May 2017
Listing DateTue, 09 May 2017
UPI Mandate Deadline2017-04-28
Application & Investment Details
Retail — Min (1 Lots)₹14,740 — 22 shares
Retail — Max (13 Lots)₹191,620 (13 Lots)
HNI — Min (14 Lots)₹2,06,360 — 308 shares
Pre-IPO Promoter Holding2,98,44,496 shares
Post-IPO Promoter Holding3,46,95,242 shares
Fresh Issue Shares48,50,746 shares (aggregating up to ₹325.00 Cr)
Offer for Sale Shares60,23,236 shares of ₹5 (aggregating up to ₹403.56 Cr)
About S.Chand & Co.Ltd.
Incorporated in 1970, S Chand And Company Limited operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments.Company is involved in publishing, printing, sale, purchase, export, and import of various books and other literary work; agency ship and distribution of publishers for books and other literary work; selling of educational toys; and publishing books for children, schools, colleges, and universities, as well as digital content and interactive learning systems to schools and running pre-schools.The company also provides digital data management services and digital content books to schools and colleges; solutions for higher education in colleges, universities, and technical institutes; and DTP printing, DTP jobs, page making, editing and proof reading, and cover designing services of books, journals, tabloids, magazines, bulletins, brochures, and periodicals in the form of hard copy, compact disks, and e-forms. S Chand And Company Ltd offers 53 consumer brands across knowledge products and services including S.chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor. The company also exports its printed and digital content to Asia, the Middle East, Africa, and internationally.
Objects of the Issue
S.Chand & Co.Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment of loans availed by our Company and one of our Subsidiaries, EPHL, which were utilized towards funding the acquisition of Chhaya
150.40
2
2 Repayment of loans availed by our Company which was utilized towards funding the acquisition of Chhaya
100.00
3
3 Repayment of loans availed by Eurasia Publishing House Private Limited, one of our Subsidiaries, which was utilized towards funding the acquisition of Chhaya
50.40
4
4 Repayment/ prepayment, in full or in part, of certain loans availed of by our Company and certain of our Subsidiaries, VPHPL and NSHPL
104.60
5
5 Repayment/ prepayment, in full or in part, of certain loans availed of by our Company
55.00
6
6 Repayment/ prepayment, in full or in part, of certain loans availed of by certain of our Subsidiaries, VPHPL and NSHPL
49.60
7
7 General corporate purposes
49.10
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,98,44,496 shares
Post-IPO Promoter Holding
3,46,95,242 shares
Lock-in Period (30%)June 3, 2017
Lock-in Period (50%)August 2, 2017