Chittorgarh.com Logo
Loading...

Kuberan Global Edu Solutions Limited IPO (Kuberan Global Edu Solutions IPO) Detail

Apr 20, 2021 - Apr 27, 2021

Incorporated in 2013, Kuberan Global Edu Solutions Limited (KGES) is a Tamil Nadu based company that offers "TEST PREP" segment services including Banking courses, Accounting & Professional Courses (CA, CS, CMA), Master of Business Administration Entrance exams, Staff Selection Commission (SSC), and Other Competitive Exams.

The company follows Kuberan class (virtual learning concept) through the use of IT to offer courses via online teaching and classroom environment. Online web conferencing, video conferencing chat rooms, Voice over IP (Internet Protocol) are used to provide e-learning facilities to clients. It also provides custom courses and offers customized training to the government, corporates, and other educational institutions. The company has training units in Coimbatore, Tuticorin, Surat, Udumalaipet.

Competitive strengths

  • Strong product portfolio with multiple courses.
  • Professional qualified and experienced management team.
  • Technical excellence and dedicated workforce.
  • Offers courses through both online and offline routes.
Open an Instant Account with Zerodha

Company Promoters:

Mr. Chandramouleeswaran Krishnan is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Oct-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 175.19 156.19 163.93 123.32
Total Revenue 62.60 90.85 98.75 82.80
Profit After Tax 8.70 1.65 2.92 17.60

Objects of the Issue:

The company aims to raise money for the following purposes;

  • Capital expenditure for Digitalizing Banking Course through online mode by using IT (Information Technology).
  • To meet general corporate purposes.

Kuberan Global Edu Solutions IPO Details

IPO Opening Date Apr 20, 2021
IPO Closing Date Apr 27, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹20 per equity share
Market Lot 6000 Shares
Min Order Quantity 6000 Shares
Listing At BSE SME
Issue Size558,000 Eq Shares of ₹10
(aggregating up to ₹1.12 Cr)

Kuberan Global Edu Solutions IPO Tentative Timetable

The Kuberan Global Edu Solutions IPO open date is Apr 20, 2021, and the close date is Apr 27, 2021. The issue may list on May 5, 2021.

IPO Open Date Apr 20, 2021
IPO Close Date Apr 27, 2021
Basis of Allotment Date Apr 30, 2021
Initiation of Refunds May 3, 2021
Credit of Shares to Demat Account May 4, 2021
IPO Listing Date May 5, 2021

Kuberan Global Edu Solutions IPO Lot Size

The Kuberan Global Edu Solutions IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 6000 ₹120,000
Maximum 1 6000 ₹120,000

Kuberan Global Edu Solutions IPO Promoter Holding

Pre Issue Share Holding 93.36%
Post Issue Share Holding 68.63%

Kuberan Global Edu Solutions IPO Review

The financial data is on a minuscule level with scanty profits. Based on the last three fiscals average EPS it is priced at a P/E of 46 and on the basis of FY20 earnings, it is at a P/E of 1000. If we consider super-profits for 7M-FY21 it is at a P/E of 28. There is no harm in giving this aggressively priced IPO a miss. Read detail review...

Kuberan Global Edu Solutions IPO Subscription Status (Bidding Detail)

The Kuberan Global Edu Solutions IPO is subscribed 3.30 times on 4/27/2021 6:49:00 AM. The public issue subscribed 5.18 times in the retail category, times in the QIB category, and 1.41 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII1.41
Retail5.18
Total3.30

Kuberan Global Edu Solutions IPO Prospectus

Kuberan Global Edu Solutions IPO Rating

64
2.8
Rating:Rated 2.8 stars
Vote Here ...

Kuberan Global Edu Solutions IPO Listing Date

Listing Date Wednesday, May 5, 2021
BSE Script Code 543289
NSE Symbol KGES
Listing In TS Group of Securities
ISIN INE04CO01018
IPO Price ₹20 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹21.00
₹20.20
₹22.05
₹22.05

Company Contact Information

Kuberan Global Edu Solutions Limited
401, GES Complex, 1st Floor, 7th Street,
Gandhipuram, Coimbatore–641012

Phone: 04224348001
Email: investor@kgesltd.in
Website: http://www.kgesltd.in/

Kuberan Global Edu Solutions IPO Registrar

Bigshare Services Pvt Ltd

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

Kuberan Global Edu Solutions IPO Reviews / Ratings

Kuberan Global Edu Solutions IPO Lead Manager(s)

Kuberan Global Edu Solutions IPO FAQs

Kuberan Global Edu Solutions IPO is a SME IPO of 558,000 equity shares of the face value of ₹10 aggregating up to ₹1.12 Crores. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares.

The IPO opens on Apr 20, 2021, and closes on Apr 27, 2021.

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

Zerodha customers can apply online in Kuberan Global Edu Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Kuberan Global Edu Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Kuberan Global Edu Solutions IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Kuberan Global Edu Solutions IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Kuberan Global Edu Solutions IPO opens on Apr 20, 2021 and closes on Apr 27, 2021.

Kuberan Global Edu Solutions IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

You can apply in Kuberan Global Edu Solutions 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Kuberan Global Edu Solutions IPO will be done on Apr 30, 2021, and the allotted shares will be credited to your demat account by May 4, 2021. Check the Kuberan Global Edu Solutions IPO allotment status.

The Kuberan Global Edu Solutions IPO listing date is on Wednesday, May 5, 2021.

Kuberan Global Edu Solutions IPO Message Board

Ranked Members  Ranked Members

Loading...

3 Comments

2. Ballu bhai |Apr 9, 2021 4:08:24 PM
They are into the lucrative business of online education which is one of the sector which has gained prominent position post corona and people acceptability of online courses is going up day by day.It seems to be good apply for me.

hoping for good returns
1. Deepakkumar |Apr 9, 2021 3:55:24 PM
Banking courses for vanishing banks and it''s jobs. This IPO is clear avoid.