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Aakash Educational Services gets SEBI’s go ahead for IPO

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Aakash Educational Services Limited (AESL) gets SEBI’s go ahead for an ipo. The offer will be a sale of 1.85 crore equity shares of promoters. Aakash Educational Services provides competitive examination preparation coaching who are preparing for medical or engineering entrance examinations. They have over 150 classroom centres in over 100 cities in 23 states. Aakash Education Services launched in 1988 by JC Chaudhry and it was started in Delhi. The company has over 3500 employees. Stay tuned for Aakash Educational Services ipo dates, price band and more details.

Aakash Educational Services IPO Review:

  • Adding Soon

Aakash Educational Services IPO Dates & Price Band: (Tentative)

  • IPO Open: 2018
  • IPO Close: 2018
  • IPO Size: Approx Rs. Crore (Approx)
  • Face Value: Rs.5 Per Equity Share
  • Price Band: Rs.  to   Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 14,427,015 Shares

Aakash Educational Services IPO Market Lot:

  • Shares: Apply for – Shares (Minimum Lot Size)
  • Amount: Rs.-

Aakash Educational Services IPO Allotment & Listing:

  • Basis of Allotment: 2018
  • Refunds: 2018
  • Credit to demat accounts: 2018
  • Listing: 2018

Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Aakash Educational Services Financial:

  Rs. in Crore

Company Promoters:

  • Mr. J.C. Chaudhry
  • Mr. Aakash Chaudhry

Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Aakash Educational Services IPO Registrar:
Link Intime India Private Limited
Tel: +91 22 49186200
Fax:+9122 49186195
E-mail: [email protected]
Website: www.linkintime.co.in
Investor Grievance ID: [email protected]
Note: Check Aakash Educational Services ipo allotment status on Linkintime website allotment url. Click Here

Aakash Educational Services IPO Lead Managers:

  • Kotak Mahindra Capital Company Limited
  • Citigroup Global Markets India Private Limited
  • CLSA India Private Limited

Company Address:
Aakash Educational Services Limited
Plot no. 8, AakashTower, Pusa Road,
New Delhi – 110005
Tel:+91 11 4762 3400
Fax:+ 91 11 4762 3472
Website: www.aakash.ac.in
Contact Person: Veerendra KumarAchanta
Company Secretary and Compliance Officer
E-mail: [email protected]

Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)

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