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Shanti Educational Initiatives Ltd IPO (Shanti Educational IPO) Detail

June 1, 2016 - June 6, 2016

Shanti Educational IPO is a fixed price issue of Rs 39.60 crores.

Shanti Educational IPO bidding started from June 1, 2016 and ended on June 6, 2016. The shares got listed on BSE SME on June 14, 2016.

Shanti Educational IPO price is ₹90 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Guiness Corporate Advisors Pvt Ltd is the book running lead manager of the Shanti Educational IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Shanti Educational IPO RHP for detailed information.

Shanti Educational IPO Details

IPO Date June 1, 2016 to June 6, 2016
Listing Date June 14, 2016
Face Value ₹10 per share
Price ₹90 per share
Lot Size 1600 Shares
Total Issue Size4,400,000 shares
(aggregating up to ₹39.60 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Shanti Educational IPO Lot Size

Investors can bid for a minimum of 1600 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 1600 ₹144,000
Retail (Max) 1 1600 ₹144,000
Lot Size Calculator

About Shanti Educational Initiatives Ltd

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.

Objects of the Issue (Shanti Educational IPO Objectives)

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 Review (Avoid)

[Dilip Davda]  

As the issue is aggressively priced, only risks aver investors with cash surplus may consider investment for long term.

Read detail review...

Shanti Educational IPO Prospectus

Shanti Educational IPO Rating

18
2.5
Rating:Rated 2.5 stars
Vote Here ...

Shanti Educational IPO Listing Details

Listing Date June 14, 2016
BSE Script Code 539921
NSE Symbol
ISIN INE440T01010
Final Issue Price ₹90 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹90.00
₹90.00
₹87.50
₹92.00
₹91.00

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Shanti Educational Initiatives Ltd Contact Details

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

Phone: +91-22-4918 6270
Email: seil.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Shanti Educational IPO - Buy or Not

Shanti Educational IPO Recommendation Summary

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Brokers 0 0 1
Members 0 0 0

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Shanti Educational IPO FAQs

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 share. The minimum order quantity is 1600 Shares.

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

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

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

Shanti Educational IPO lot size is 1600 Shares, and the minimum amount required is ₹144,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

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17 Comments

10. gamble |   Link |  Bookmark |August 30, 2016 12:08:51 PM (1600+ Posts, 3900+ Likes)
Sold out mgl,tata motors for taking position in wipro,LTI,hcl.
10.1. Khemka |   Link |  Bookmark |August 30, 2016 12:14:18 PM (1000+ Posts, 400+ Likes)
Dr lal up 120 rs , advanced up 130 rs today
9. Satyapal Yadav |   Link |  Bookmark |August 21, 2016 8:12:34 AM
I want correct information about online trading
8. Praveen Prasad |   Link |  Bookmark |August 12, 2016 9:45:07 AM
SPAL won''t list at discount but not with good margin too.
7. IPOANALYSIS |   Link |  Bookmark |June 16, 2016 2:58:19 PM
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 |   Link |  Bookmark |June 7, 2016 7:30:57 PM (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 |   Link |  Bookmark |June 7, 2016 6:31:49 PM (4000+ Posts, 4600+ 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 |   Link |  Bookmark |June 8, 2016 5:46:42 PM
retails investment normal trading on listing day (ipo application share )
4. Njshah |   Link |  Bookmark |June 4, 2016 3:36:58 PM
How 2 apply in sme ipo
Any?
3. Njshah |   Link |  Bookmark |June 4, 2016 3:29:49 PM
How 2 apply
Pls suggest
2. Antonio Munia |   Link |  Bookmark |June 4, 2016 10:16:58 AM
This shanti IPO is a joke. Dont buy any educational stocks. look at the pain we are seeing in Treehouse
2.3. Antonio Munia |   Link |  Bookmark |June 4, 2016 10:28:23 AM
EagleEye Sir, what is your take on Kranti Industries IPO ?
2.4. Eagleye |   Link |  Bookmark |June 4, 2016 11:02:25 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ 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 |   Link |  Bookmark |June 3, 2016 8:00:04 PM
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 |   Link |  Bookmark |June 3, 2016 8:04:04 PM
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