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Incorporated in 2010, Sylph Education Solutions (SES) is engaged in providing educational services in the field of information technology (I.T) which is comprises of providing basic IT training at two centers namely "Little Wonder", a primary school and "IT Gurus".
The company is tutoring basic computer knowledge, internet, surfing, computer courses like Microsoft office, accounting and financial management, inventory management, statutory capabilities, tally.net capabilities, accounting courses like tally, various computer languages i.e C++,.Net, Java and Oracle, communication and soft skills etc. Its revenue comprises of sale of software, skill development fees, services provided to school and interest income. However, at present company is not providing services to the school.
The promoters of the company are:
1. Dr. Rajesh Jain
The object of the issue are to:
1. Set up two new centers for establishment of Projects for Skill Development;
2. General Corporate Purpose; and
3. To meet the issue expenses.
| IPO Opening Date | Feb 10, 2016 |
| IPO Closing Date | Feb 15, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹12 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.80 Cr) |
The Sylph Education IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹120,000 |
| Maximum | 1 | 10000 | ₹120,000 |
Considering track record of performance and aggressive pricing, there is no harm giving this expensive offer a miss.
Read detail review...
| Listing Date | Tuesday, February 23, 2016 |
| BSE Script Code | 539682 |
| NSE Symbol | |
| Listing In | |
| ISIN | INE622Q01019 |
| IPO Price | ₹12 per equity share |
| Face Value | ₹10 per equity share |
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Sylph Education Solutions Ltd
ST 4, 22 Press Complex,
A. B. Road,
Indore-452008
Phone: +91-731-2571451-52
Email: info@sylphedu.com
Website: http://www.sylphedu.com
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com
Sylph Education IPO is a SME IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹4.80 Crores. The issue is priced at ₹12 per equity share. The minimum order quantity is 10000 Shares.
The IPO opens on Feb 10, 2016, and closes on Feb 15, 2016.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Sylph Education IPO opens on Feb 10, 2016 and closes on Feb 15, 2016.
Sylph Education IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.
You can apply in Sylph 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Sylph Education IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sylph Education IPO allotment status.
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