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S Chand and Company Ltd IPO (S Chand and Company IPO) Detail

April 26, 2017 - April 28, 2017

S Chand and Company IPO is a book built issue of Rs 728.56 crores. The issue is a combination of fresh issue of 0.49 crore shares aggregating to Rs 325.00 crores and offer for sale of 0.6 crore shares aggregating to Rs 403.56 crores.

S Chand and Company IPO bidding started from April 26, 2017 and ended on April 28, 2017. The allotment for S Chand and Company IPO was finalized on Thursday, May 4, 2017. The shares got listed on BSE, NSE on May 9, 2017.

S Chand and Company IPO price band is set at ₹660 to ₹670 per share. The minimum lot size for an application is 22 Shares. The minimum amount of investment required by retail investors is ₹14,740.

Axis Bank Limited, Credit Suisse Securities (India) Private Limited and Jm Financial Limited are the book running lead managers of the S Chand and Company IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to S Chand and Company IPO RHP for detailed information.

S Chand and Company IPO Details

IPO Date April 26, 2017 to April 28, 2017
Listing Date May 9, 2017
Face Value ₹5 per share
Price Band ₹660 to ₹670 per share
Lot Size 22 Shares
Total Issue Size10,873,982 shares
(aggregating up to ₹728.56 Cr)
Fresh Issue4,850,746 shares
(aggregating up to ₹325.00 Cr)
Offer for Sale6,023,236 shares of ₹5
(aggregating up to ₹403.56 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

S Chand and Company IPO Timeline (Tentative Schedule)

S Chand and Company IPO opens on April 26, 2017, and closes on April 28, 2017.

IPO Open Date Wednesday, April 26, 2017
IPO Close Date Friday, April 28, 2017
Basis of Allotment Thursday, May 4, 2017
Initiation of Refunds Friday, May 5, 2017
Credit of Shares to Demat Monday, May 8, 2017
Listing Date Tuesday, May 9, 2017
Cut-off time for UPI mandate confirmation 5 PM on April 28, 2017

S Chand and Company IPO Lot Size

Investors can bid for a minimum of 22 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 22 ₹14,740
Retail (Max) 13 286 ₹191,620
Lot Size Calculator

About S Chand and Company Ltd

Incorporated in 1970, S Chand And Company Limited operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments.

Company is involved in publishing, printing, sale, purchase, export, and import of various books and other literary work; agency ship and distribution of publishers for books and other literary work; selling of educational toys; and publishing books for children, schools, colleges, and universities, as well as digital content and interactive learning systems to schools and running pre-schools.

The company also provides digital data management services and digital content books to schools and colleges; solutions for higher education in colleges, universities, and technical institutes; and DTP printing, DTP jobs, page making, editing and proof reading, and cover designing services of books, journals, tabloids, magazines, bulletins, brochures, and periodicals in the form of hard copy, compact disks, and e-forms. S Chand And Company Ltd offers 53 consumer brands across knowledge products and services including S.chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor. The company also exports its printed and digital content to Asia, the Middle East, Africa, and internationally.

Company Financials

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Dec-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 7,431.94 6,854.89 5,315.98 4,242.82 3,988.05 2,076.88
Total Revenue 922.12 2,822.53 2,357.88 2,300.32 1,921.72 1,713.21
Profit After Tax (PAT) (300.39) 164.80 76.85 108.62 71.65 88.53

Objects of the Issue (S Chand and Company IPO Objectives)

The object of the issue are:

1. Repayment of loans availed by the Company and one of their Subsidiaries, EPHL, which were utilized towards funding the acquisition of Chhaya;
2. Repayment/prepayment in full or in part, of certain loans availed of by the Company and their Subsidiaries, VPHPL and NSHPL; and
3. General corporate purpose.

S Chand and Company IPO Review (May apply)

[Dilip Davda]  Considering the pricing aspect and the seasonality of the business, risk savvy cash surplus investors may consider moderate investment for long term. (Other) Read detail review...

S Chand and Company IPO Subscription Status (Bidding Detail)

The S Chand and Company IPO is subscribed 59.49 times on April 28, 2017 5:00:00 PM. The public issue subscribed 6.07 times in the retail category, 44.27 times in the QIB category, and 204.65 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

S Chand and Company IPO Prospectus

S Chand and Company IPO Rating

Rating:Rated 3.7 stars
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S Chand and Company IPO Listing Details

Listing Date May 9, 2017
BSE Script Code 540497
ISIN INE807K01035
Final Issue Price ₹670 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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S Chand and Company Ltd Contact Details

S Chand and Company Ltd
Ravindra Mansion,
New Delhi 110055
Phone: +91 11 4973 1800
Email: investors

S Chand and Company IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

S Chand and Company IPO - Buy or Not

S Chand and Company IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 6 0 0
Members 0 0 0

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S Chand and Company IPO FAQs

S Chand and Company IPO is a main-board IPO of 10,873,982 equity shares of the face value of ₹5 aggregating up to ₹728.56 Crores. The issue is priced at ₹660 to ₹670 per share. The minimum order quantity is 22 Shares.

The IPO opens on April 26, 2017, and closes on April 28, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The S Chand and Company IPO opens on April 26, 2017 and closes on April 28, 2017.

S Chand and Company IPO lot size is 22 Shares, and the minimum amount required is ₹14,740.

You can apply in S Chand and Company 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 S Chand and Company IPO will be done on Thursday, May 4, 2017, and the allotted shares will be credited to your demat account by Monday, May 8, 2017. Check the S Chand and Company IPO allotment status.

The S Chand and Company IPO listing date is on May 9, 2017.
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S Chand and Company IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



1300. Eagleye |   Link |  Bookmark |June 9, 2017 2:58:09 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Today is start of the upward trajectory in SChand ... those who have not sold as yet ... hold tight for the next 2 months ... see fireworks by Ganesh Chaturthi ... 25th August ...
1300.7. P M |   Link |  Bookmark |June 20, 2017 11:15:06 AM (1100+ Posts, 1100+ Likes)
Its not about this particular stock...
It is general for share market

Today it makes again new 52 week low 511.05
1300.8. sagar dasa |   Link |  Bookmark |June 23, 2017 8:18:42 PM
Hello Madam,

I am still holding my IPO allotment Shares. Bought few shares at 520..
Now again I am ready to buy few shares at 500. Please advise..
1299. CA M&co.Jodhpur |   Link |  Bookmark |June 16, 2017 12:26:48 PM
Eris lifescience IPO

GMP 80-85
K 350
1298. sukhwant singh |   Link |  Bookmark |June 1, 2017 3:14:00 PM
Madam g I have 1 lot of s.chand . Hold or sell .Please advise
1297. rvr |   Link |  Bookmark |May 26, 2017 5:39:35 PM
one more session it will go above issue price.....
1296. Vaibhav Agarwal |   Link |  Bookmark |May 26, 2017 3:32:39 PM
s chand 614/- one day highest 80/- plus
one more day same.
1295. AJAYP |   Link |  Bookmark |May 26, 2017 11:03:37 AM
S Chand rocks today....

Almost 10% plus.....Rs 53+ after consistent hitting low....
1295.1. AJAYP |   Link |  Bookmark |May 26, 2017 11:04:57 AM
Rite now stock price - 588.95
1294. Ankit R patel |   Link |  Bookmark |May 25, 2017 8:39:37 PM
At which level we can buy S CHAND? 500 or below 500?
1293. P M |   Link |  Bookmark |May 25, 2017 3:20:46 PM (1100+ Posts, 1100+ Likes)
New 52 week low 522.20.....
within 15 days after listing goes below 525 (22% below issue price)

Always keep one thing in mind wheather shares are allotted in ipo or buy from market, always keep a stoploss to maintain profit / minimise losses..

those who were still holding from listing without stoploss expecting it will go 825, will be in a huge loss. If they keep stoploss around 635 (5%), they can be minimise their losses.

dont go blindly if anyone suggest about price, anyone can make mistakes. take ur own decision with keeping stoploss.

It may / may not touches 825, but if it moves & sustain in upword direction, there will be chances to reenter in the script & also many bluechip stock around this price are available then why should take risk in these type of stocks..
1293.1. IPO INFORMAR |   Link |  Bookmark |May 25, 2017 4:37:05 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Coming Ganesh Chaturty it will be 250 ,Save your investment.No vibration in name of the company also
1292. Deepak G. Agarwal |   Link |  Bookmark |May 25, 2017 11:53:46 AM
Its 540.

Its a lousy company. Even at Rs 540, the valuations are way too high.

Even at Rs 540, the market Cap is Rs 1800 crore with a March 16 profits of Rs 16 cr.

thats a PE of 112.

And wait....the Profits for Mar 17......(this is May 17) sign of those numbers.

Dont be surprised to see the share price of S Chand at Rs 250.
1292.3. IPO INFORMAR |   Link |  Bookmark |May 25, 2017 12:52:10 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Poor investor after a year value of your investment will be reduced to 10%.It is time to out
1292.4. Khemka |   Link |  Bookmark |May 25, 2017 12:57:01 PM (1000+ Posts, 400+ Likes)
Lead maneger, merchant bankers are happiest seems
1291. Pokemongo |   Link |  Bookmark |May 23, 2017 8:33:02 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
S chand equity is only 0.20 cr as per moneycontrol. in that case it will be multbagger if you wait for few years?
1290. IPO INFORMAR |   Link |  Bookmark |May 23, 2017 6:01:36 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
574.60 is last rate,& it is close to my prediction 550.Book loss otherwise after a year u will get 400 + interest loss.
1289. P M |   Link |  Bookmark |May 18, 2017 10:25:32 AM (1100+ Posts, 1100+ Likes)
again touches new 52 week low 591.75
12% below IPO price
1288. gamble |   Link |  Bookmark |May 11, 2017 2:43:02 PM (1600+ Posts, 3900+ Likes)
One more gambling....

starts accumulating Shilpi cable frm now

Earlier was good profit in mandhana and mbl infra let see where this goes
1288.19. IPO INFORMAR |   Link |  Bookmark |May 24, 2017 11:47:20 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Justified rate looks to be 350,still there is scope to come out at 570,You may retain & enjoy loss.
1288.20. NRI Investor |   Link |  Bookmark |May 25, 2017 12:49:27 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Shilpi cables r bankcrupt now. Its official. their bankcrupcy is been approved. All retail shares value becomes big zero 0 now.
1287. papu bhai |   Link |  Bookmark |May 16, 2017 6:20:50 PM
sub kuch ho gaya listing date kon bataiga. suspense kyo bana rakha ha.
1286. DipakDani |   Link |  Bookmark |May 16, 2017 9:16:51 AM
Is there any chance of raise of share price...
1285. Septa |   Link |  Bookmark |May 10, 2017 7:16:10 PM (4000+ Posts, 4600+ Likes)
Since now it is listed what is next move . IMO It all depends on full year result. Presently looking at the price market is expecting a very good result so it has not crashed like other fancy high price IPO. So the strategy here is simple clear the position if the result is average price will do side movements bad it wil crash superb will fly. So on result day trade is available both on short and long depending on result

My personal view anything below 500 I will see some value however I will still not buy on personal level since many more good opportunities with less risk is available in the market with better growth and industry and margin

Have a great holiday in Sri Lanka so will comment and reply less
ADMIN u still not reposted my deleted comment so I understand u do not me post on secondary So will not post on secondary market as I find it secondary market pages useless as it does get that much hits as it IPO page
1285.6. sonal gandhi |   Link |  Bookmark |May 12, 2017 4:34:01 PM
Dear Seta sir,
Thank you sir, i stayed away from S.Chand purely on your analysis. While the risk of investment is always ours, its as important to stay away from some investments as it is to enter in some. Credit should be given where its due.

i agree, the secondary market page is useless as we can''t follow a person and have to go through reams of pages of opinions. Your secondary market picks are super so request the admin to either fix the secondary market page or allow your comments on the ipo page.

Admin, pls oblige!
1285.7. Akhu |   Link |  Bookmark |May 15, 2017 9:23:36 PM
Hello septa sir,
What''s ur thoughts on carborundum universal posted excellent results in this quarter..thanks in advance
1284. Eagleye |   Link |  Bookmark |May 8, 2017 1:12:00 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
SChand IPO

Do not sell on listing day ... will give a surprise move few days after listing ...

TARGET 825/- Ganesh Chaturthi
1284.31. Follower of Eagleye |   Link |  Bookmark |June 13, 2017 5:26:30 PM
Madam its not end of fall but its falling daily now despite of good results....
Please guide whether I hold / sell????
1284.32. P M |   Link |  Bookmark |June 16, 2017 4:20:04 PM (1100+ Posts, 1100+ Likes)
End of the Fall ... ??????????????

Today makes new 52week low 521.55
1283. RaviAgarwal |   Link |  Bookmark |May 15, 2017 7:28:12 PM
602, Today''s Low
Where are ''Bhakts''
1282. kingsuper |   Link |  Bookmark |May 15, 2017 3:12:30 PM
Eagleye mam pls advice what to do in schand should I hold or sell ???~~
1281. parmod gupta |   Link |  Bookmark |May 9, 2017 7:39:49 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
आज पता नही क्यों लोग इतने बेवकूफ और नासमझ है जो आज इतने खुश और दुखी हो रहे है s chand की लिस्टिंग को लेकर
भाइयो हर बार प्रॉफिट नही होते शेयर मार्केट में ये तो ट्रेडिंग और इंवेटमेंट का हिस्सा है कभी loss तो कभी profit और ये भी जान लो कि इसमें कोई भी loss नही हुआ है इतना जरूर है कि उन लोगो का दिल जरूर टूटा होगा जो शेयर मार्केट का s और ट्रेडिंग का T भी नही जानते बस सनक और दूसरों के कहने पर शेयर मार्केट में पैसा लगाते है
कुछ लोग जिनको नही मिला वो नौसिखियों की तरह खुश हो रहे है शेयर मार्केट दोस्तो इतनी आसान नही है जितनी आप समझ रहे हो
नो profit नो loss वाला ipo है ये
सुनो सबकी करो मनकी
1281.3. P M |   Link |  Bookmark |May 12, 2017 3:40:13 PM (1100+ Posts, 1100+ Likes)
today again new 52 week low 616.10
1281.4. P M |   Link |  Bookmark |May 15, 2017 2:44:51 PM (1100+ Posts, 1100+ Likes)
again new 52 week low 602.60