Kuberan Global Edu Solutions Limited IPO
BSE SME₹120,000 / 6000 Shares
Kuberan Global Edu Solutions Limited IPO Details
The Kuberan Global Edu Solutions Limited IPO price band is set between ₹20 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 20 Apr, 2021 and closes on 27 Apr, 2021. Investors can check the allotment status on 30 Apr, 2021, while the listing date is tentatively scheduled for 5 May, 2021.
The total issue size is 558,000 Eq Shares of ₹10 , aggregating up to ₹1.12 Cr. Stay tuned for the latest Kuberan Global Edu Solutions Limited IPO review and GMP updates.
Kuberan Global Edu Solutions Limited IPO Review, Rating & Analysis
Kuberan Global Edu Solutions Limited IPO Review
NO REVIEWKuberan Global Edu Solutions Limited IPO Rating
Kuberan Global Edu Solutions Limited IPO Highlights
IPO Date
Apr 20, 2021 - Apr 27, 2021
Listing Date
5 May, 2021
Face Value
₹10 Per Equity Share
Price Band
₹20 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Kuberan Global Edu Solutions Limited IPO Lot Size
The minimum market lot for Kuberan Global Edu Solutions Limited IPO is 6000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,20,000 |
| Retail (Max) | 1 | 6000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,80,000 |
Kuberan Global Edu Solutions Limited IPO Timeline
Issue Price
₹20 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Fedex Securities LimitedIssue Size
558,000 Eq Shares of ₹10 (aggregating up to ₹1.12 Cr)Kuberan Global Edu Solutions Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Oct 20 | 1.75 | 0.62 | 8.70 | - | - | - |
| 31 Mar 20 | 1.56 | 0.90 | 0.165 | - | - | - |
| 31 Mar 19 | 1.63 | 0.98 | 0.292 | - | - | - |
| 31 Mar 18 | 1.23 | 0.82 | 0.176 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Chandramouleeswaran Krishnan
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 93.36% | 68.63% |
About Company
Kuberan Global Edu Solutions Limited (KGES) is a Tamil Nadu based company that offers "TEST PREP" segment services including Banking courses, Accounting & Professional Courses (CA, CS, CMA), Master of Business Administration Entrance exams, Staff Selection Commission (SSC), and Other Competitive Exams.
The company follows Kuberan class (virtual learning concept) through the use of IT to offer courses via online teaching and classroom environment. Online web conferencing, video conferencing chat rooms, Voice over IP (Internet Protocol) are used to provide e-learning facilities to clients. It also provides custom courses and offers customized training to the government, corporates, and other educational institutions. The company has training units in Coimbatore, Tuticorin, Surat, Udumalaipet.
Kuberan Global Edu Solutions Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 264,000 | 264,000 | 528,000 |
Day 1 -20-04-21 07:00 PM | 0.20 x | 0.30 x | 0.25 x |
Day 2 -22-04-21 07:00 PM | 0.68 x | 1.39 x | 1.03 x |
Day 3 -23-04-21 07:00 PM | 0.80 x | 1.93 x | 1.36 x |
Day 4 -26-04-21 07:00 PM | 1.14 x | 3.14 x | 2.14 x |
Day 5 -27-04-21 07:00 PM | 1.41 x | 5.18 x | 3.30 x |
Frequently Asked Questions about Kuberan Global Edu Solutions Limited IPO IPO
When will Kuberan Global Edu Solutions Limited IPO open for subscription?
The Kuberan Global Edu Solutions Limited IPO opens on 20 Apr, 2021 and closes on 27 Apr, 2021.
What is the investors portion for Kuberan Global Edu Solutions Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 264000.
How to apply for Kuberan Global Edu Solutions Limited IPO?
You can apply for Kuberan Global Edu Solutions Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Kuberan Global Edu Solutions Limited IPO?
The issue size of Kuberan Global Edu Solutions Limited IPO is approx ₹558,000 Eq Shares of ₹10 (aggregating up to ₹1.12 Cr) crores.
What is the price band of Kuberan Global Edu Solutions Limited IPO?
The price band for Kuberan Global Edu Solutions Limited IPO is ₹20 per equity share to ₹undefined.
What is the lot size of Kuberan Global Edu Solutions Limited IPO?
The minimum bid (lot size) for Kuberan Global Edu Solutions Limited IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of Kuberan Global Edu Solutions Limited IPO?
The allotment date for Kuberan Global Edu Solutions Limited IPO is 30 Apr, 2021.
What is the listing date of Kuberan Global Edu Solutions Limited IPO?
The listing date for Kuberan Global Edu Solutions Limited IPO is expected to be 5 May, 2021.
What is the GMP of Kuberan Global Edu Solutions Limited IPO?
The latest Grey Market Premium (GMP) for Kuberan Global Edu Solutions Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.