CL Educate IPO Dates, Price Band & Market Lot Details

Vijay Prajapati
November 25, 2016

Vijay Prajapati

CL Educate Limited is a New Delhi based education service provider. They plan to raise 275-350 crore from IPO in 2017. The company provides educational services like test preparation, vocational training, K-12 education, integrated corporate services, institutional solutions and publishing services. The main object of the issue is repayment of loans, to get working capital, general corporate purpose and more.

CL Educate Review:

Avoid (High Price Band)

CL Educate IPO Dates & Price Band:

IPO Open: 20-March-2017
IPO Close: 22-March-2017
IPO Size: Approx Rs. 240 Crores
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 500 to 502 Per Share
Listing on: BSE & NSE

CL Educate IPO Market Lot:

Shares: Apply for 29 Shares (Minimum Lot Size)
Amount: Rs.14558

CL Educate IPO Allotment & Listing:

Basis of Allotment: 29-March-2017
Refunds: 29-March-2017
Credit to demat accounts: 30-March-2017
Listing: 31-March-2017

CL Educate Financial:

Particulars	For the year/period ended (in Rs. Crore)
	Sep-16	Mar-16	Mar-15	Mar-14	Mar-13	Mar-12
Total Assets	385.27	378.93	325.34	183.89	178.29	170.80
Total Revenue	89.45	173.85	155.85	124.74	135.52	102.17
Profit After Tax (PAT)	7.13	4.92	7.66	2.36	6.74	(5.38)

Company Promoters:

Satya Narayanan .R
Gautam Puri
Nikhil Mahajan
R. Shiva Kumar
Sreenivasan .R
Sujit Bhattacharyya
Bilakes Consulting Private Limited

Quick Links:

DRHP Draft Prospectus
Red Herring Prospectus

IPO Registrar:

Karvy Computershare Private Limited
Tel: 1800 3454001/+91 (40) 4465 5000
Fax: +91 (40) 2343 1551
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: http://karisma.karvy.com
Contact Person: M. Murali Krishna
SEBI Registration Number: INR000000221