Siddharth Education Services Ltd IPO (Siddharth Education IPO) Detail

September 29, 2017 - October 5, 2017

Siddharth Education IPO is a book built issue of Rs 10.88 crores.

Siddharth Education IPO bidding started from September 29, 2017 and ended on October 5, 2017. The shares got listed on BSE SME on October 12, 2017.

Siddharth Education IPO price band is set at ₹30 to ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹140,000.

Gretex Corporate Services Limited is the book running lead manager of the Siddharth Education IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Siddharth Education IPO DRHP for detailed information.

Siddharth Education IPO Details

IPO Date September 29, 2017 to October 5, 2017
Listing Date October 12, 2017
Face Value ₹10 per share
Price Band ₹30 to ₹35 per share
Lot Size 4000 Shares
Total Issue Size3,108,000 shares
(aggregating up to ₹10.88 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME

Siddharth Education IPO Reservation

Siddharth Education IPO Lot Size

Investors can bid for a minimum of 4000 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 4000 ₹140,000
Retail (Max) 1 4000 ₹140,000
Lot Size Calculator

About Siddharth Education Services Ltd

Incorporated in 1997, Siddharth Education Services Limited provides tutorial coaching services for students of professional courses in India. It offers tutorial services for company secretary, chartered accountancy, and cost and management accountancy, as well as CFA courses.

Currently they have 4 (four) Company operated centres and a team of 22 faculty members. The company offers test series courses which have been systematically designed to provide effective and efficient education to students in simple and lucid manner. A partnership arm of the group is engaged in farming segment which has negligible contribution in revenues but investment made is much higher than education segment.

Objects of the Issue (Siddharth Education IPO Objectives)

The object of the issue are:

1. Establishment of new Coaching Centres
2. Acquisition of human resource training centres
3. Digital marketing and online training
4. General corporate purpose

Siddharth Education IPO Review (May apply)

[Dilip Davda]  Considering roller-coaster ride for the education sector and aggressive pricing of the issue, cash surplus risk savvy investors may consider investment for long term. Read detail review...

Siddharth Education IPO Subscription Status (Bidding Detail)

The Siddharth Education IPO is subscribed times on Oct 5, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Siddharth Education IPO Prospectus

Siddharth Education IPO Rating

Rating:Rated 3.4 stars
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Siddharth Education IPO Listing Details

Listing Date October 12, 2017
BSE Script Code 540736
NSE Symbol
ISIN INE930X01012
Final Issue Price ₹35 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Siddharth Education IPO Contact Details

Siddharth Education Services Ltd
101 1st Floor Chirag Arcade,
Behind Nagrik Stores E R Road,
Thane (West) - 400601
Phone: +91-22-25334903
Email: siddharth_academy@yahoo.co.in
Website: http://www.siddharthacademy.com

Siddharth Education IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Siddharth Education IPO - Buy or Not

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Siddharth Education IPO FAQs

Siddharth Education IPO is a SME IPO of 3,108,000 equity shares of the face value of ₹10 aggregating up to ₹10.88 Crores. The issue is priced at ₹30 to ₹35 per share. The minimum order quantity is 4000 Shares.

The IPO opens on September 29, 2017, and closes on October 5, 2017.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Siddharth Education IPO opens on September 29, 2017 and closes on October 5, 2017.

Siddharth Education IPO lot size is 4000 Shares, and the minimum amount required is ₹140,000.

You can apply in Siddharth Education 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 Siddharth Education IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Siddharth Education IPO allotment status.

The Siddharth Education IPO listing date is on October 12, 2017.
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Siddharth Education IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



11. stockidea |   Link |Oct 11, 2017 9:28:51 PM
Great IPO-------------------
Siddharth Education SME IPO is LISTING ON BSE SME PLATFORM in M Group On 12.10.2017 (THURSDAY)

Will list @ 39-40 .ISSUE PRICE 35/- ....buy FOR 3 Upper Circuits ---- @ 42/- + 50.4 + 60.5

CA Ankit
11.1. Goodstock |   Link |Oct 15, 2017 12:12:49 PM
Is it good option to buy Siddharth education,and at what price, it will touch.
11.2. Goodstock |   Link |Oct 15, 2017 12:18:08 PM
What do u think for tomorrow buy in Siddharth education is good idea. Till how much it can touch.
10. Binod |   Link |Oct 14, 2017 5:14:58 PM
Hi all.
9. SUBHASH B |   Link |Oct 12, 2017 6:32:45 AM
Can anybody suggest sme broker where we can trade sme shares online
9.1. NPP |   Link |Oct 13, 2017 11:46:22 AM
8. SUBHASH B |   Link |Oct 12, 2017 6:30:37 AM
Pz inform time of listing
7. stockidea |   Link |Oct 11, 2017 11:08:22 PM
**SIDDHARTH Education IPO is listing on BSE SME platform on 12.10.2017--
----------SCRIP CODE - 540736 ...SCRIP ID - SIDDH--------------

CA Ankit
6. stockidea |   Link |Oct 11, 2017 4:40:44 PM
DEAR 12540. Dubai ipo OR ANYBODY ELSE
PLease Inform GMP of Siddharth Education SME IPO...........

Siddharth Education SME IPO is LISTING ON BSE SME PLATFORM in M Group On 12.10.2017 (THURSDAY)
Will list @ 39-40 .ISUE PRICE 35/- ....buy FOR Upper Circuit ---- @ 42/-
CA Ankit
5. stockidea |   Link |Oct 11, 2017 4:16:33 PM
DEAR 12540. Dubai ipo

Plz inform GMR of Siddharth Education SME IPO
4. stockidea |   Link |Oct 10, 2017 4:51:03 PM
Plz infrom GMP of Siddharth Education SME IPO
3. Dubai ipo |   Link |Oct 4, 2017 10:36:05 PM
2 to 3 times
2. Dubai ipo |   Link |Oct 4, 2017 10:35:48 PM
23 times retails me
1. IPO GRUP |   Link |Oct 4, 2017 6:38:36 PM
Ipo KITNA times bharagayatya?