Tutorials Point (India) IPO Details

Bookbuilding IPO | ₹20 Cr | Listing at BSE SME | Mon, Sep 30, 2019 - Fri, Oct 4, 2019

Tutorials Point IPO Logo

Tutorials Point IPO is a book build issue of ₹20.10 crores. The issue is entirely a fresh issue of 0.31 crore shares of ₹20.10 crore.

Tutorials Point IPO bidding started from Sep 30, 2019 and ended on Oct 4, 2019. The allotment for Tutorials Point IPO was finalized on Oct 10, 2019. Tutorials Point IPO will list on the BSE SME with a tentative listing date fixed as Oct 15, 2019.

Tutorials Point IPO is set issue price band at ₹60 to ₹64 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,28,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,56,000.

Holani Consultants Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Maverick Share Brokers Pvt.Ltd.

Refer to Tutorials Point IPO RHP for detailed Information.

IPO Open

Mon, Sep 30, 2019

IPO Close

Fri, Oct 4, 2019

Price Band

₹60 to ₹64

Market Cap (Pre-IPO)

To be declared

IPO Details

IPO Date30 Sep to 4 Oct, 2019
Listing DateTue, Oct 15, 2019T
Face Value10 per share
Price Band₹60 to ₹64
Lot Size2,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size31,40,000 shares
(agg. up to ₹20 Cr)
Fresh Issue 31,40,000 shares
(agg. up to ₹20 Cr)
Share Holding Pre Issue75,10,000 shares
Share Holding Post Issue1,06,50,000 shares

IPO Timetable (Tentative)

Issue Reservation

Tutorials Point IPO comprises a total issue size of 31,40,000 shares. Out of which, 15,70,000 (50.00%) allocated to NII 15,70,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Total Issue
NII (HNI) Shares Offered 15,70,00050.00%
Retail Shares Offered 15,70,00050.00%
Total Shares Offered 31,40,000100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 2,000 ₹1,28,000
Retail (Max) 1 2,000 ₹1,28,000
HNI (Min) 2 4,000 ₹2,56,000
IPO Subscription Details

About Tutorials Point (India) Ltd.

Incorporated in 2014, Tutorials Point (India) Ltd is a Hyderabad-based online education service provider. It creates and publishes self-learning content including tutorials, educational content, and videos for IT professionals and others. This e-learning content is made available online for free to all through its website and YouTube. It is used by millions of people across the globe. Currently, the company operates from the registered office in Hyderabad only. The flagship e-learning portal TutoralPoint.com is among the most popular and well-known e-learning portals in the world. It is ranked as 495th most popular website in the world and 91st in India. It has the largest tutorial library to learn a wide range of topics including programming languages (i.e. Python, Java, C++) and non-technical (i.e. soft skills, competitive exams). Mr. Mohtashim, the Managing Director of the company started the website to deliver "Simply Easy Self-Learning" to the masses for free. The website today delivers clear, crisp, and to-the-point content on technical and non-technical subjects to make learning easy for the readers. In the financial year 2018-19, it has around 128.78 million readers accessing 1000+ tutorials in 25+ categories. It also has 12,000+ videos and 8 lakhs+ subscribers on YouTube channel. Total views on the YouTube channel are more than 8.50 cr per day. Tutorials Point has also launched an online coding terminal tool called Coding Ground which allows users to compile, verify, execute, edit, and creates a short link for the program. Tutorials Point has initiated a new project named Tutorix that offers an engaging educational kit (tablet with preloaded content or online) for Math & Science for 6th-12th classes along with IIT-JEE & NEET exams preparation. This is similar to BYJU's learning app. Tutorials Point IPO Detail

Products & Services

  1. Tutorials Library (1000+ tutorials)
  2. UPSC Notes & Current Affairs (620+ topics in 16 categories)
  3. Video Tutorials (12k video on 273 topics)
  4. Coding Ground (Free coding platform for 75+ Programming Languages)
  5. Tutor Connect (20k+ registered students & 1360+ registered tutors)
  6. Net Meeting
  7. Development Tools (30+ development tools)
  8. White Board
  9. Online E-Book Store (450+ E-books available in more than 21 categories)
  10. Question & Answers, Articles and Code Examples

Tutorials Point YouTube Channel Crossed 1 Million Subscribers

Google has presented an award to Tutorials Point Ltd for crossing 1 Million subscriber's milestone on its YouTube channel. The channel has a reach across 240 countries including republics and gulf. Total watch time of the YouTube videos has crossed 232 Million minutes.

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets13.879.645.83
Total Income10.3510.2510.37
Profit After Tax4.033.712.93
EBITDA6.385.654.73
NET Worth12.518.484.78
Reserves and Surplus5.008.474.77
Total Borrowing0.030.260.33
Amount in ₹ Crore

Recently Listed IPOs in Education

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Humming Bird Education Ltd. SME ₹2.15 Cr ₹132 null ₹132.00 +0.00% ₹15.94 (-4.95%)

IPO Review

[Dilip Davda]
With Digital India initiatives and major thrust for education is sure to lift the e-learning segment. Although the issue appears fully priced on the basis of current financial data, it is poised for bright prospects once Tutorix initiative goes on stream. Investors may consider investment for the long term.
Read detail review...

Tutorials Point IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members0000

Tutorials Point IPO IPO Subscription Status (Bidding Detail)

The Tutorials Point IPO IPO subscription status. Full data available on IPOMatrix.com.

Category Subscription (times) Shares Offered Shares bid for Total Applications
🔒 Preview Limited

Full data is available exclusively on IPOMatrix.com — your premium IPO research platform.

Total - - - -

IPO Notices

External Link

Tutorials Point IPO Withdrawn

Date: 3rd Oct, 2019

The BSE SME IPO of Tutorials Point is withdrawn a day before its closing date because poor response from investors.

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Tutorials Point (India) Ltd. Address
4th Floor, Incor9 Building, Block B,
C-1 to C-5/1F, Kavuri Hills Madhapur,
Guttla Begumpet Village
Hyderabad, Telangana, 500081
Open an Instant Account with Zerodha

IPO FAQs

Tutorials Point IPO is a SME IPO of 31,40,000 equity shares of the face value of ₹10 aggregating up to ₹20 Crores. The issue is priced at ₹60 to ₹64. The minimum order quantity is 2000.

The IPO opens on Mon, Sep 30, 2019, and closes on Fri, Oct 4, 2019.

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

Zerodha customers can apply online in Tutorials Point IPO using UPI as a payment gateway. Zerodha customers can apply in Tutorials Point IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Tutorials Point IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Tutorials Point IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Tutorials Point IPO opens on Mon, Sep 30, 2019 and closes on Fri, Oct 4, 2019.

Tutorials Point IPO lot size is 2000, and the minimum amount required for application is ₹1,28,000.

You can apply in Tutorials Point IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Tutorials Point IPO will be done on Thursday, October 10, 2019, and the allotted shares will be credited to your demat account by Mon, Oct 14, 2019. Check the Tutorials Point IPO allotment status.

The Tutorials Point IPO listing date is not yet announced. The tentative date of listing is Tue, Oct 15, 2019.

Compare: