8/12/2011 6:00:00 PM
Incorporated in 2006, Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India.
Tree House provide a wide variety of educational services to K-12 schools which includes designing curriculum and providing teaching aids, supplying methods for imparting education, organizing extra-curricular activities for students and teacher training.
They offer playschool and nursery facilities, vacation camps, mother-toddler classes, hobby classes, day care facilities and teacher training course at pre-schools. Tree House Education's pre-schools are mainly located in the states of Maharashtra, Gujarat, Karnataka, Rajasthan and Andhra Pradesh. Company has been ranked amongst the 100 Small Business of the year 2010 in the annual survey conducted by the Franchising World.
The following individuals are the Promoters of the Company:
1. Mr. Rajesh Bhatia; and
2. Mrs. Geeta Bhatia
|Particulars||For the year/period ended (in Rs. Million)|
|Profit After Tax (PAT)||70.78||25.99||5.12||(1.91)||(4.89)|
The object of the issue are to:
1. Expansion of pre-school business;
2. Acquisition of office space;
3. Procurement of exclusivity rights to provide educational services;
4. Construction of infrastructure for educational complexes in Rajasthan and Gujarat;
5. Repayment of loan; and
6. General corporate purposes.
|IPO Opening Date||Aug 10, 2011|
|IPO Closing Date||Aug 12, 2011|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹135 to ₹153 per equity share|
|Market Lot||40 Shares|
|Min Order Quantity||40 Shares|
|Listing At||BSE, NSE|
|Issue Size||8,432,189 Eq Shares of ₹10 |
(aggregating up to ₹113.83 Cr)
The Tree House IPO market lot size is 40 shares. A retail-individual investor can apply for up to 32 lots (1280 shares or ₹195,840).
CRISIL has assigned an IPO Grade 3 to Tree House Education IPO. This means as per CRISIL, company has 'Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Tree House IPO Report
The Tree House IPO is subscribed 1.85 times on 8/12/2011 6:00:00 PM. The public issue subscribed 2.76 in the retail category, 1.02 in the QIB category, and 1.68 in the NII category. Check Day by Day Subscription Details (Live Status)
|Listing Date||Friday, August 26, 2011|
|BSE Script Code||533540|
|Listing In||B Group of Securities|
|IPO Price||₹135 per equity share|
|Face Value||₹10 per equity share|
Tree House Education & Accessories Ltd
702 C, Morya House,
Off New Link Road,
Andheri (West), Mumbai 400 053
Phone: +91 22 6456 2320
Tree House IPO is a main-board IPO of 8,432,189 equity shares of the face value of ₹10 aggregating up to ₹113.83 Crores. The issue is priced at ₹135 to ₹153 per equity share. The minimum order quantity is 40 Shares.
The IPO opens on Aug 10, 2011, and closes on Aug 12, 2011.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Tree House IPO opens on Aug 10, 2011 and closes on Aug 12, 2011.
Tree House IPO lot size is 40 Shares and the minimum order quantity is 40 Shares.
You can apply in Tree House 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 Tree House IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tree House IPO allotment status.
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