Shanti Educational Initiatives Ltd IPO (Shanti Educational IPO) Detail

Jun 1, 2016 - Jun 6, 2016

Incorporated in 2010, Shanti Educational Initiatives Ltd (SEIL) engaged in the business of providing educational support services to preschools, K-12 and premium category preschools in India. Three business units of the company are as under:

Shanti Juniors: With 154 franchised preschools under the brand name of 'Shanti Juniors' spread over western, southern and northern region in India, they are rapidly growing popularity in preschool segment.

Shanti Asiatic School: Under the brand name of 'Shanti Asiatic School' there are 6 K-12 schools having over approximately 3600 students.

Shanti's Hopskotch: There are 5 premium category preschools to serve the niche segment which aspire for premium quality education, ambience and learning environment for children under the brand name of 'Shanti's Hopskotch'.

Company is headquartered in Ahmedabad, Gujrat. Apart from Gujarat Company's presence is also concentrated in the states of Rajasthan, Bihar, Maharashtra, Karnataka, and Tamil Nadu.

Company Promoters:

The promoters of the company are:

1. Mr. Vedprakash D. Chiripal
2. Mr. Brijmohan D. Chiripal
3. Mr. Vishal V. Chiripal
4. Ms. Vineeta V. Chiripal and
5. Mr. Ronak B. Agarwal

Objects of the Issue:

The objects of the Issue are:

1. Construction of School Building Project at Vastral in Gujarat
2. General Corporate Expenses
3. Issue Expenses

Shanti Educational IPO Details

IPO Opening DateJun 1, 2016
IPO Closing DateJun 6, 2016
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹90 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtBSE SME
Issue Size4,400,000 Eq Shares of ₹10
(aggregating up to ₹39.60 Cr)

Shanti Educational IPO Lot Size

The Shanti Educational IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹144,000
Maximum11600₹144,000

Shanti Educational IPO Prospectus

Shanti Educational IPO Rating

18
2.5
Rating:Rated 2.5 stars

Vote Here ...

Shanti Educational IPO Listing Date

Listing DateTuesday, June 14, 2016
BSE Script Code539921
NSE Symbol
Listing InM
ISININE440T01010
IPO Price₹90 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹90.00
₹90.00
₹87.50
₹92.00
₹91.00
172,800

Shanti Educational IPO Reviews / Ratings

Company Contact Information

Shanti Educational Initiatives Ltd

283, New Cloth Market,
Ahmedabad- 380002

Phone: +91-79- 26734660/62/63
Email: Info@seil.edu.in
Website: http://www.sei.edu.in

Shanti Educational IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: seil.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Shanti Educational IPO FAQs

  1. What is Shanti Educational IPO?

    Shanti Educational IPO is a SME IPO of 4,400,000 equity shares of the face value of ₹10 aggregating up to ₹39.60 Crores. The issue is priced at ₹90 per equity share. The minimum order quantity is 1600 Shares.

    The IPO opens on Jun 1, 2016, and closes on Jun 6, 2016.

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

  2. When Shanti Educational IPO will open?

    The Shanti Educational IPO opens on Jun 1, 2016 and closes on Jun 6, 2016.

  3. What is the lot size of Shanti Educational IPO?

    Shanti Educational IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

  4. How to apply for Shanti Educational IPO?

    You can apply in Shanti Educational 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.

  5. When Shanti Educational IPO allotment?

    The finalization of Basis of Allotment for Shanti Educational IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shanti Educational IPO allotment status.

  6. When is Shanti Educational IPO listing date?

    The Shanti Educational IPO listing date is on Tuesday, June 14, 2016.

Shanti Educational IPO Message Board

Ranked Members  Ranked Members

Loading...
10. gamble |Aug 30, 2016 13:08
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Sold out mgl,tata motors for taking position in wipro,LTI,hcl.
10.1. Khemka |Aug 30, 2016 13:14
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
Dr lal up 120 rs , advanced up 130 rs today
9. Satyapal Yadav |Aug 21, 2016 09:12
I want correct information about online trading
8. Praveen Prasad |Aug 12, 2016 10:45
SPAL won''t list at discount but not with good margin too.
7. IPOANALYSIS |Jun 16, 2016 15:58
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
THE STOCK IS TOO EXPENSIVE. IT SALES AND PROFIST ARE TOO LOW. WITH 10 CRORE SALES AND 2 CRORE PROFIT THEY ARE ASKING MARKET CAP OF 150 CRORE +/

ALSO I DONT LIKE THESE EXPENSIVE SME ANWAY. LOOK AT MOMAI APPARELS IT COLLECTED 30 CRORE AND ISSUE PRICE AT 78 RS ITS STILL RULING AT SAME ISSUE PRICE AFTER 1 YEAR.MONAI APPARELS HAVE SUCH HUGE SALES AND PROFITS .

GET OUT OF THE STOCK AS MUCH BETTER SME ARE AVAILABLE AT CHEAPER PRICE IN SECONDARY MARKET.

LOOK AT JIYA ECO PRODUCTS TO BE MULTIBAGGER AND BE AT 200 RS IN 1 YEAR, AMBITION MICA, LANCER CONTAINER(Once GST is passed will hit continuous upper circuit), cawasji behramji, hi-tech pripes,hec infraprojects, fourth dimension.

6. bangalore king |Jun 7, 2016 20:30
Top Contributor Top Contributor (400+ Posts)
Santi Educational Initiatives, the largest SME IPO on the BSE, managed to raise Rs 40 crore.

First time three FII have subscribed to the tune of 18crores in the IPO , bankers tracking the Issue said.

The issue got subscribed 1.52 times and Rs 60 crores have come through subscription.

Shanti Educational is engaged in the business of providing educational support services to preschools, K-12 and premium category preschools in India .

Since the beginning of the year, 27 companies have filed draft documents to collectively raise over Rs 220 crore through IPOs.

Of these, 21 firms have filed papers to launch IPOs on BSE''s SME platform, while the six plan to list on NSE Emerge.
5. Septa |Jun 7, 2016 19:31
IPO Guru IPO Guru (4000+ Posts, 4500+ Likes)
I applied for the issue the balance sheet looks very good and also future growth prospects high look a good SME IPO
5.1. RAJ IPO |Jun 8, 2016 18:46
retails investment normal trading on listing day (ipo application share )
4. Njshah |Jun 4, 2016 16:36
How 2 apply in sme ipo
Any?
3. Njshah |Jun 4, 2016 16:29
How 2 apply
Pls suggest
2. Antonio Munia |Jun 4, 2016 11:16
This shanti IPO is a joke. Dont buy any educational stocks. look at the pain we are seeing in Treehouse
2.3. Antonio Munia |Jun 4, 2016 11:28
EagleEye Sir, what is your take on Kranti Industries IPO ?
2.4. Eagleye |Jun 4, 2016 12:02
IPO Guru IPO Guru (5700+ Posts, 19000+ Likes)
As I said earlier ... looking for a good SME IPO is like searching for a needle in a haystack ... it is not worth the time & effort required.
1. niceplaywins |Jun 3, 2016 21:00
कहीं आप monkey business में तो नहीं लगे हैं?

एक समय की बात है , एक गाँव में एक आदमी आया और उसने गाँव वालों से कहा कि वो बन्दर खरीदने आया है , और वो एक बन्दर के 10 रुपये देगा . चूँकि गाँव में बहुत सारे बन्दर थे इसलिए गाँव वाले तुरंत ही इस काम में लग गए .



उस आदमी ने 10 रूपये की rate से 1000 बन्दर खरीद लिए अब बंदरों की supply काफी घट गयी और धीरे धीरे गाँव वालों ने बन्दर पकड़ने का प्रयास बंद कर दिया . ऐसा होने पर उस आदमी ने फिर घोषणा की कि अब वो 20 रूपये में एक बन्दर खरीदेगा . ऐसा सुनते ही गाँव वाले फिर से बंदरों को पकड़ने में लग गए .

बहुत जल्द बंदरों की संख्या इतनी घाट गयी की लोग ये काम छोड़ अपने खेती -बारी में लगने लगे . अब एक बन्दर के लिए 25 रुपये दिए जाने लगे , पर उनकी तादाद इतनी कम हो चुकी थी की पकड़ना तो दूर उन्हें देखने के लिए भी बहुत मेहनत करनी पड़ती थी .

तब उस आदमी ने घोषणा की कि वो एक बन्दर के 50 रूपये देगा . पर इस बार उसकी जगह बन्दर खरीदने का काम उसका assistant करेगा क्योंकि उसे किसी ज़रूरी काम से कुछ दिनों के लिए शहर जाना पद रहा है . उस आदमी की गैरमौजूदगी में assistant ने गाँव वालों से कहा कि वो पिंजड़े में बंद बंदरों को 35 रुपये में उससे खरीद लें और जब उसका मालिक वापस आये तो उसे 50 रुपये में बेंच दें .

फिर क्या था गाँव वाले ने अपनी जमा पूँजी बदारों को खरीदने में लगा दी . और उसके बाद ना कभी वो आदमी दिखा ना ही उसका assistant, बस चारो तरफ बन्दर ही बन्दर थे .
1.1. niceplaywins |Jun 3, 2016 21:04
Hence never be greedy, invest care fully


I think such things happen even with good company''s stocks please give your comments is It true....... With big & good companies as well







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