Humming Bird Education Limited IPO (Humming Bird Education ipo) Detail

Mar 15, 2019 - Mar 19, 2019

Incorporated in 2010, Humming Bird Education is a Delhi based company involved in the business related to education. The company organizes Olympiad, a competitive examination where students are evaluated and their academic performance is ranked relative to their peer group.

Humming Bird Education uses factual, conceptual, reasoning, logical, analytical and problem-solving skills to help students better understand their strengths and weaknesses. The company provides study material, free mobile app, performance analysis report for all participants.

The Olympiad results also give an opportunity for schools to analyze the performance of their teachers with the help of deep insight provided.

Humming Bird Education is an asset-light and centrally managed company.

Products Offered
1. Humming Bird Talent Search Examination (HBTSE) - A Mathematics & Science Olympiad for Class 1 to 12
2. Humming Bird Commerce Competency Olympiad (HCC) - A commerce Olympiad that includes Accounts, Business Studies, and Economics for Classes 11 & 12.
3. Humming Bird Cyber Olympiad (HCO) - A Computer Olympiad for Class 1 to 12.
4. Humming Bird English Olympiad (HEO) - An English Olympiad for Class 1 to 12.
5. Humming Bird G.K. Olympiad (HGO) - A General Knowledge Olympiad for Class 1 to 12.
6. Humming Bird Hindi Olympiad (HHO) - A Hindi Olympiad for Class 1 to 12.
7. Humming Bird Math + Computer + English + Combined Olympiad (MCSE) - Olympiad that includes Mathematics, Computer, Science & English for Class 1 to 12.
8. Humming Bird MULTIPLE INTELLIGENCE TEST (HMIT) - MULTIPLE INTELLIGENCE TEST for Class 1 to 12. This Test includes questions on Mathematics, G.K., Science, English and Multiple Intelligence.
9. Humming Bird Mathematics Olympiad (HMO) - A Mathematics Olympiad for Class 1 to 12. The HMO is also available in ENGLISH MEDIUM, TAMIL MEDIUM and HINDI MEDIUM.
10. Humming Bird Science Olympiad (HSO) - A Science Olympiad for Class 1 to 12. The HSO is also available in ENGLISH MEDIUM, TAMIL MEDIUM and HINDI MEDIUM.
11. Problem Solving Olympiad (PSO) - A Problem Solving Olympiad for Class 3 to 12.
12. SPELL BEE - A Spelling Competition for Class 1 to 12.

For the Fiscal years ended on March 31, 2018, March 31, 2017, and March 31, 2016, the company's gross revenue stood at Rs. 117.09 Lakhs, Rs. 93.70 Lakhs and Rs. 51.56 Lakhs respectively. Further, its PAT for the Fiscal years ended on March 31, 2018, March 31, 2017, and March 31, 2016, stood at Rs. 10.57 Lakhs, Rs. 4.46 Lakhs and Rs. 0.78 Lakhs respectively.

Humming Bird Education ipo Details

IPO Date Mar 15, 2019 to Mar 19, 2019
Listing Date Mar 28, 2019
Face Value ₹10 per share
Price ₹132 per share
Lot Size 1000 Shares
Total Issue Size163,000 shares
(aggregating up to ₹2.15 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Humming Bird Education ipo Reservation

Other Shares Offered77,000 (50.00%)
Retail Shares Offered77,000 (50.00%)
Market Maker portion9,000 shares
Total Shares Offered154,000

Humming Bird Education ipo Tentative Timetable

Humming Bird Education ipo opens on Mar 15, 2019, and closes on Mar 19, 2019.

Event Tentative Date
Opening Date Mar 15, 2019
Closing Date Mar 19, 2019
Basis of Allotment Mar 25, 2019
Initiation of Refunds Mar 26, 2019
Credit of Shares to Demat Mar 27, 2019
Listing Date Mar 28, 2019
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day

Humming Bird Education ipo Lot Size

The Humming Bird Education ipo lot size is 1000 shares.

Application Lots Shares Amount
Retail (Min) 1 1000 ₹132,000
Retail (Max) 1 1000 ₹132,000
Lot Size Calculator

Humming Bird Education ipo Promoter Holding

The Individual Promoters of the Company are:
1. Mr Nitesh Jain
2. Mr Narender Kumar Jain

Pre Issue Share Holding 100%
Post Issue Share Holding 75%

Humming Bird Education ipo Subscription Status (Bidding Detail)

The Humming Bird Education ipo is subscribed 1.42 times on Mar 19, 2019 6:50:02 PM. The public issue subscribed 0.91 times in the retail category, times in the QIB category, and 1.90 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Nov-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 102.37 29.32 36.75 18.05
Total Revenue 108.65 117.09 93.70 51.56
Profit After Tax 36.78 10.57 4.46 0.78

Humming Bird Education ipo Review (May apply)

[Dilip Davda]  

This is a very tiny IPO from the education sector that has seen many ups and downs in the recent past. Company's financial data is minuscule and valuation based on the latest super earnings appears fully priced. However, it will take a longer time for migration to the main board considering current paid-up equity. Hence cash surplus risk savvy investors may consider it for the long term at their own risk.

Read detail review...

Objects of the Issue

Objects of the Fresh Issue are:

1. To part finance working capital requirements of the Company;
2. To meet General corporate purposes;
3. To meet the expenses of the Issue.

Humming Bird Education ipo Prospectus

Humming Bird Education ipo Rating

Rating:Rated 3.7 stars
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Humming Bird Education ipo Listing Details

Listing Date Mar 28, 2019
BSE Script Code 542592
NSE Symbol
Final Issue Price ₹132 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Company Contact Information

Humming Bird Education Limited
1374-1375, 2nd Floor
Katra Lehswan, Chandni Chowk
Phone: +91-011-47096144
Email: info@hummingbirdeducation.com
Website: https://www.hummingbirdeducation.com

Humming Bird Education ipo Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Humming Bird Education ipo Analysis

Humming Bird Education ipo Recommendation Summary

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Members 0 0 0

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Humming Bird Education ipo FAQs

Humming Bird Education ipo is a SME IPO of 163,000 equity shares of the face value of ₹10 aggregating up to ₹2.15 Crores. The issue is priced at ₹132 per share. The minimum order quantity is 1000 Shares.

The IPO opens on Mar 15, 2019, and closes on Mar 19, 2019.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Humming Bird Education ipo opens on Mar 15, 2019 and closes on Mar 19, 2019.

Humming Bird Education ipo lot size is 1000 Shares and the minimum order quantity is .

You can apply in Humming Bird Education ipo online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Humming Bird Education ipo will be done on Mar 25, 2019, and the allotted shares will be credited to your demat account by Mar 27, 2019. Check the Humming Bird Education ipo allotment status.

The Humming Bird Education ipo listing date is on Mar 28, 2019.
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Humming Bird Education ipo Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



2. Hiteshji |   Link |Mar 17, 2019 6:54:09 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Due to secondary market is up, so many sme ipo is coming. All are useless. Dont apply and strictly avoid otherwise you will loose you're valuable money.
1. RAJAKUMAR |   Link |Mar 16, 2019 8:41:48 AM (1400+ Posts, 1200+ Likes)
Dear Small
It seems good when first day subscription.
LM Share Capital first issue is Anmol It listed at 33.6 and went to upper circuit on first day.
Whether this will continue in this counter also it is million dollar question.
I will apply if hni croses 4 times at final day.
1.1. papon |   Link |Mar 17, 2019 9:39:59 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Rs 2.15 crore ipo will easily get subscribed but i afraid of liquidity issue on listing. May not able to sell at desired level.