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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.
| 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 Size | 163,000 shares (aggregating up to ₹2.15 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 77,000 (50.00%) |
| Retail Shares Offered | 77,000 (50.00%) |
| Market Maker portion | 9,000 shares |
| Total Shares Offered | 154,000 |
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 |
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 | |||
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% |
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)
| Category | Subscription (times) |
|---|---|
| Other | 1.90 |
| Retail | 0.91 |
| Total | 1.42 |
| 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 | |
[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 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.
| Listing Date | Mar 28, 2019 |
| BSE Script Code | 542592 |
| NSE Symbol | |
| ISIN | INE02PC01019 |
| Final Issue Price | ₹132 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹132.00 |
| ₹132.00 |
| ₹132.00 |
| ₹138.55 |
| ₹132.00 |
Humming Bird Education Limited
1374-1375, 2nd Floor
Katra Lehswan, Chandni Chowk
Delhi-110006
Phone: +91-011-47096144
Email: info@hummingbirdeducation.com
Website: https://www.hummingbirdeducation.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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.
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