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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.
The promoters of the company are Mr. Mohammad Mohtashim and Mrs. Mahnaz Fatima.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||
|---|---|---|---|---|
| � | 31-March-19 | 31-March-18 | 31-March-17 | |
| Total Assets | 1,386.56 | 963.79 | 583.47 | |
| Total Revenue | 1,035.29 | 1,025.06 | 1,037.07 | |
| Profit After Tax | 403.02 | 370.79 | 293.49 | |
The company proposes to utilize the net proceeds from the issue towards funding the following objects and to achieve the benefits of listing on the SME Platform of BSE Limited:
| IPO Opening Date | Sep 30, 2019 |
| IPO Closing Date | Oct 4, 2019 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹60 to ₹64 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | 3,140,000 Eq Shares of ₹10 (aggregating up to ₹20.10 Cr) |
The Tutorials Point IPO open date is Sep 30, 2019, and the close date is Oct 4, 2019. The issue may list on Oct 15, 2019.
| IPO Open Date | Sep 30, 2019 |
| IPO Close Date | Oct 4, 2019 |
| Basis of Allotment Date | Oct 10, 2019 |
| Initiation of Refunds | Oct 11, 2019 |
| Credit of Shares to Demat Account | Oct 14, 2019 |
| IPO Listing Date | Oct 15, 2019 |
The Tutorials Point IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹128,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹128,000 |
| Maximum | 1 | 2000 | ₹128,000 |
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding |
Date: 3rd Oct, 2019
The BSE SME IPO of Tutorials Point is withdrawn a day before its closing date because poor response from investors.
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...
The Tutorials Point IPO is subscribed 0.15 times on 10/4/2019 12:20:03 PM. The public issue subscribed 0.03 times in the retail category, times in the QIB category, and 0.28 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 0.28 |
| Retail | 0.03 |
| Total | 0.15 |
Tutorials Point (India) Ltd
4th Floor, Incor9 Building, Block B,
C-1 to C-5/1F, Kavuri Hills Madhapur,
Guttla Begumpet Village, Hyderabad -500081
Phone: +91 040-4854-3786
Email: raja.rao@tutorialspoint.com
Website: https://www.tutorialspoint.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tutorials.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Tutorials Point IPO is a SME IPO of 3,140,000 equity shares of the face value of ₹10 aggregating up to ₹20.10 Crores. The issue is priced at ₹60 to ₹64 per equity share. The minimum order quantity is 2000 Shares.
The IPO opens on Sep 30, 2019, and closes on Oct 4, 2019.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Tutorials Point IPO opens on Sep 30, 2019 and closes on Oct 4, 2019.
Tutorials Point IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
You can apply in Tutorials Point 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 Tutorials Point IPO will be done on Oct 10, 2019, and the allotted shares will be credited to your demat account by Oct 14, 2019. Check the Tutorials Point IPO allotment status.
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