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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 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 Date Apr 20, 2021 to Apr 27, 2021
Listing Date Wednesday, May 5, 2021
Face Value ₹10 per share
Price ₹20 per share
Lot Size 6000 Shares
Issue Size558,000 shares of ₹10
(aggregating up to ₹1.12 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Mr. Chandramouleeswaran Krishnan is the promoter of the company.

Kuberan Global Edu Solutions IPO Tentative Timetable

Kuberan Global Edu Solutions IPO opens on Apr 20, 2021, and closes on Apr 27, 2021. The Kuberan Global Edu Solutions IPO bid date is from Apr 20, 2021 10.00 A.M. to Apr 27, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Apr 20, 2021
Closing Date Apr 27, 2021
Basis of Allotment Apr 30, 2021
Initiation of Refunds May 3, 2021
Credit of Shares to Demat May 4, 2021
Listing Date May 5, 2021

Kuberan Global Edu Solutions IPO Lot Size

The Kuberan Global Edu Solutions IPO 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
Retail (Min) 1 6000 ₹120,000
Retail (Max) 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 Apr 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
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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 share
Face Value ₹10 per 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 Review

Kuberan Global Edu Solutions IPO Recommendation Summary

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Members 0 0 0

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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 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 .

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.
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Kuberan Global Edu Solutions IPO Message Board

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16 Comments

10. US |   Link |May 27, 2021 4:40:05 PM
The word "successful" in their LOGO has a spelling mistake. How come people think that they can do a good business and increase their share value?
9. Dinesh Singh |   Link |May 5, 2021 5:22:48 PM
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
What a spectacular listing.
Locked 🔒 in upper circuit.
Seems SME days are back.
Regret not applied in HNI category.
8. Ballu bhai |   Link |May 5, 2021 11:21:09 AM
GOT ONE LOT ALLOTED HOPING FOR UPPER CIRCUIT WILL SELL ABOVE 25 WITHIN A MONTH
7. traderji |   Link |May 3, 2021 6:02:08 PM
subscription status is still not updated on http://www.bigshareonline.com website.
Third class service by bigshareonline
6. Dinesh Singh |   Link |Apr 26, 2021 4:24:12 PM
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
Why this IPO subscribes so well?
From where these investors come to apply on these type of companies.
Still 1 days to go.
5. Ballu bhai |   Link |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
5.1. Deepakkumar |   Link |Apr 9, 2021 5:30:42 PM
Top Contributor Top Contributor (200+ Posts)
Ballu Bhai, you kindly apply in this. We will learn from your experiences. Also, keep updating us. Thanks in advance.
5.2. Ballu bhai |   Link |Apr 30, 2021 2:08:19 PM
when will i get the status of allotment ?
4. Dinesh Singh |   Link |Apr 16, 2021 10:42:43 AM
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
Don''t look at the company. Only look at the performance of LM. The last 2 IPO handled by LM is above IPO price.
For those who want only listing gain, need to track the performance of LM that''s all.
Look at the EKI. It has given 100 percent gain.
4.3. IPOANALYSIS |   Link |Apr 19, 2021 2:19:33 PM
Don''t go by opening price it is not correct as you won''t be able to sell at that price most of time .best way is look at total performance now for issue price
Rajeshwari can has lot of difference between buying and selling price .
4.4. BLR |   Link |Apr 19, 2021 2:25:28 PM
Ok . Thanks .
3. Quality Comment |   Link |Apr 15, 2021 7:17:08 PM
Strong Portfolio k name pe sirf 11 online course?
Isko dekh k lagta he ki me bhi business tart karu and IPO le aavu.
Majak chal raha he kya???
2. IPOANALYSIS |   Link |Apr 15, 2021 2:56:45 PM
1 lakh and 2 lakh is yearly profit. Wow. So much high profit. How they survive . Even a peon get more salary than this.
1. Deepakkumar |   Link |Apr 9, 2021 3:55:24 PM
Top Contributor Top Contributor (200+ Posts)
Banking courses for vanishing banks and it''s jobs. This IPO is clear avoid.