Sylph Education Solutions Ltd IPO (Sylph Education IPO) Detail

Feb 10, 2016 - Feb 15, 2016

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, 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.

Objects of the Issue

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.

Sylph Education IPO Details

IPO Date Feb 10, 2016 to Feb 15, 2016
Listing Date Tuesday, February 23, 2016
Face Value ₹10 per share
Price ₹12 per share
Lot Size 10000 Shares
Issue Size4,000,000 shares of ₹10
(aggregating up to ₹4.80 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

1. Dr. Rajesh Jain

Sylph Education IPO Lot Size

The Sylph Education IPO 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
Retail (Min) 1 10000 ₹120,000
Retail (Max) 1 10000 ₹120,000

Sylph Education IPO Review

Considering track record of performance and aggressive pricing, there is no harm giving this expensive offer a miss.

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Sylph Education IPO Prospectus

Sylph Education IPO Rating

Rating:Rated 1.8 stars
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Sylph Education IPO Listing Date

Listing Date Tuesday, February 23, 2016
BSE Script Code 539682
NSE Symbol
Listing In
ISIN INE622Q01019
IPO Price ₹12 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Sylph Education Solutions Ltd
ST 4, 22 Press Complex,
A. B. Road,
Phone: +91-731-2571451-52

Sylph Education IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Sylph Education IPO Review

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Sylph Education IPO FAQs

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 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 .

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.

The Sylph Education IPO listing date is on Tuesday, February 23, 2016.
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Sylph Education IPO Message Board

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5. dipak |   Link |Mar 9, 2016 11:36:46 AM
What wiil be the concor ofs price for relators?????
4. SATISH KUMAR KHANDELWAL |   Link |Feb 16, 2016 12:27:07 PM
3. IPOANALYSIS |   Link |Feb 11, 2016 12:05:31 AM
Guys Beware

This SME wil vanish in time to come.
It has sales of 45 lakh only and i hvae come to known they have very poor quality
you should always remember if any sme with only 45 lakh turover comes and ask for 4.5 crore that will make a market cap of 12 crore it will surely list at discount.

this stock is a penny stock and not even worth 1 rs.

Please Please dont apply and your hard earned money
2. DURAISWAMY |   Link |Feb 10, 2016 7:06:01 PM
1. IPOANALYSIS |   Link |Feb 10, 2016 2:00:56 AM
What a waste

look at the courage of comopany with sales of 46 lakh rupees they are asking for market capt in excess of 12 crore.
stay away this is not even 2 paisa stock