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.

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 DateApr 20, 2021
IPO Closing DateApr 27, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹20 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE 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 DateApr 20, 2021
IPO Close DateApr 27, 2021
Basis of Allotment DateApr 30, 2021
Initiation of RefundsMay 3, 2021
Credit of Shares to Demat AccountMay 4, 2021
IPO Listing DateMay 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).

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹120,000
Maximum16000₹120,000

Kuberan Global Edu Solutions IPO Promoter Holding

Pre Issue Share Holding93.36%
Post Issue Share Holding68.63%

Kuberan Global Edu Solutions IPO Subscription Status (Bidding Detail)

The Kuberan Global Edu Solutions IPO is subscribed 3.30x times on Apr 27, 2021 06:49. The public issue subscribed 5.18x in the retail category, in the QIB category, and 1.41x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

1.41x

RII

5.18x

Total

3.30x

Kuberan Global Edu Solutions IPO Prospectus

Kuberan Global Edu Solutions IPO Rating

64
2.8
Rating:Rated 2.8 stars

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Kuberan Global Edu Solutions IPO Listing Date

Listing DateWednesday, May 5, 2021
BSE Script Code543289
NSE SymbolKGES
Listing InTS Group of Securities
ISININE04CO01018
IPO Price₹20 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹20.00
₹21.00
₹20.20
₹22.05
₹22.05
120,000

Kuberan Global Edu Solutions IPO Reviews / Ratings

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

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

Kuberan Global Edu Solutions IPO Lead Manager(s)

Kuberan Global Edu Solutions IPO FAQs

  1. What is Kuberan Global Edu Solutions IPO?

    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.

  2. How to apply in Kuberan Global Edu Solutions IPO through Zerodha?

    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.

  3. When Kuberan Global Edu Solutions IPO will open?

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

  4. What is the lot size of Kuberan Global Edu Solutions IPO?

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

  5. How to apply for Kuberan Global Edu Solutions IPO?

    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.

  6. When Kuberan Global Edu Solutions IPO allotment?

    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.

  7. When is Kuberan Global Edu Solutions IPO listing date?

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

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