Kuberan Global Edu Solutions was incorporated on May 22, 2013. The company is engaged in TEST PREP segment including Banking courses, Master of Business Administration Entrance Exams, Staff Selection Commission, Life Insurance Corporation of India, Accounting and Professional Courses like Chartered Accountant, Certified Management Accountant, Company Secretary and it is expanding to include various other TEST PREP courses under its belt.
| Bidding Dates |
|---|
| 20 Apr 2021 - 27 Apr 2021 |
| Subscription |
|---|
| 3.3x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,20,000 | 1 | 1 | 6000 | 558.0 K | ₹20 | 73.51 % | ₹11.2 M | RHP DOC |
Kuberan Global Edu IPO SUBSCRIPTION STATUS
27 Apr '21Kuberan Global Edu IPO overall subscription rate was 3.3 times the total available shares
Kuberan Global Edu IPO retail subscription rate was 5.18 times in the retail segment
Kuberan Global Edu IPO non-institutional investor subscription rate was 1.41 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
25 Apr 2021 (Day 5) | 1.93x | 0.8x | - |
26 Apr 2021 (Day 6) | 3.14x | 1.14x | - |
27 Apr 2021 (Day 7) | 5.18x | 1.41x | - |
21 Apr 2021 (Day 2) | 0.3x | 0.2x | - |
22 Apr 2021 (Day 3) | 1.39x | 0.68x | - |
23 Apr 2021 (Day 4) | 1.93x | 0.8x | - |
20 Apr 2021 (Day 1) | 0.3x | 0.2x | - |
Kuberan Global Edu FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 7MFY21 | 0.9 | 6.3 | 1.7 | 0.0 |
| FY20 | 0.2 | 9.1 | 2.0 | 0.1 |
| FY19 | 0.3 | 9.9 | 0.5 | -5.9 |
| FY18 | 1.8 | 8.3 | 2.7 | 2.7 |
Kuberan Global Edu IPO SUBSCRIPTION STATUS DETAILS
Kuberan Global Edu had 558.0 K shares on offer
Kuberan Global Edu IPO offer price was ₹20
Kuberan Global Edu IPO minimum Investment was ₹120000
Kuberan Global Edu IPO issue size was ₹ 11.2 M
Kuberan Global Edu had a minimum lot size of 6000 Shares per application
Kuberan Global Edu NUMBER OF SHARES ON OFFER
Kuberan Global Edu IPO IMPORTANT DATES
| Issue Open Date | 20 Apr 2021 |
| Issue close Date | 27 Apr 2021 |
| Allotment Date | 30 Apr 2021 |
| Refund Date | 03 May 2021 |
| Demat Account Credit Date | 04 May 2021 |
| Listing Date | 05 May 2021 |
| Listing on Exchange(s) | BSE |
| Kuberan Global Edu Allotment Status | Exchange |
Kuberan Global Edu IPO subscription opened on 20 Apr 2021, and closed on 27 Apr 2021
IPO allotment for Kuberan Global Edu was finalized on Friday, 30 Apr 2021
IPO listing for Kuberan Global Edu was on BSE on Wednesday, 05 May 2021
Kuberan Global Edu IPO LISTING GAINS
| Issue Price (adjusted) | 20.0 |
| Listing Open Price | 21.0 |
| Listing Close Price | 22.1 |
| Listing Gain% | 5.0% |
| Current Gain% | 60.0% |
Kuberan Global Edu Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kuberan Global Edu Solutions Ltd. | 32 | 6.7 | -16.3 | 1.7 | -22.6 | -21.6 | 0 | -100 | -0.4 | 9.9 | -2 | -9.9 | |
| Physicswallah Ltd. | 127.5 | 36992.1 | -1644.8 | -18.4 | 9.5 | -0.5 | -0.3 | 4131 | 35.9 | -22.5 | 89.6 | -0.1 | 89.6 |
| NIIT Learning Systems Ltd. | 249.8 | 3447.4 | 13.5 | 0.7 | 1.7 | 16 | 8.1 | 1987.9 | 17.1 | 247.7 | 8.9 | 18.5 | 18 |
| Crizac Ltd. | 186.6 | 3265.5 | 14.8 | 0.4 | 3.2 | 37.5 | 25 | 1071.1 | 21.1 | 219.1 | 43.3 | 12.6 | 40.2 |
| Shanti Educational Initiatives Ltd. | 201.9 | 3252.6 | 552 | -33.3 | 58.5 | 7.7 | 5.8 | 59.4 | -5.9 | 5.9 | -16.6 | 0.4 | -16.6 |
| Mobavenue AI Tech Ltd. | 308.7 | 2315.2 | 93.8 | 0 | 13 | 32.4 | 14.3 | 220.2 | 4576 | 29.3 | 3706.7 | 3.3 | 2384.1 |
Kuberan Global Edu INFORMATION ON IPO ISSUE
About Kuberan Global Edu
Kuberan Global Edu Solutions was incorporated on May 22, 2013. The company is engaged in TEST PREP segment including Banking courses, Master of Business Administration Entrance Exams, Staff Selection Commission, Life Insurance Corporation of India, Accounting and Professional Courses like Chartered Accountant, Certified Management Accountant, Company Secretary and it is expanding to include various other TEST PREP courses under its belt.
Object of the Issue
- Capital expenditure for digitalizing banking course through online mode by using IT
- To meet general corporate purposes
Kuberan Global Edu - PROMOTERS
| Name |
|---|
| Chandramouleeswaran Krishnan |
Kuberan Global Edu Lead Manager
Fedex Securities Private Limited
mb@fedsec.in
Kuberan Global Edu Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Kuberan Global Edu Strengths
Experienced team
The company benefits from the vision, strategic guidance, experience, skills and relationships of several key members of the management team, including individual promoters
Domain expertise and technical excellence
The company has a dedicated workforce, who are the strength and power of the organization and is doing their individual bit in achieving cumulative goals successfully
Continue develop new course
The company continues developing new course content according to the requirements of the market
Kuberan Global Edu Risks
Unregistered logo
The company's logo is not registered and does not own the trademark legally as on date and it may be unable to adequately protect intellectual property
Lease agreements
The company does not own the premises in which the registered office is located and the same is on a lease arrangement
IPO FAQs
The promoter of the company is Chandramouleeswaran Krishnan.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 20.0 - 20.0.
The IPO application opens on Apr 20, 2021 and closes on Apr 27, 2021.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Apr 30, 2021.
The refund will be credited to your account on May 03, 2021.
The allotted shares will be credited to your demat on May 04, 2021.
Kuberan Global Edu Solutions Ltd.’s shares listed on the stock exchanges on May 05, 2021.