Siddharth Education Services Ltd IPO
NSE SMERs 1,40,000 / 4000 Shares
Siddharth Education Services Ltd IPO Details
The Siddharth Education Services Ltd IPO price band is set between Rs 30 - Rs 35 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 29 Sep, 2017 and closes on 5 Oct, 2017. Investors can check the allotment status on 10 Oct, 2017, while the listing date is tentatively scheduled for 13 Oct, 2017.
The total issue size is 31,08,000 Equity Shares of Rs 10 aggregating up to Rs 10.88 Cr, aggregating up to . Stay tuned for the latest Siddharth Education Services Ltd IPO review and GMP updates.
Siddharth Education Services Ltd IPO Review, Rating & Analysis
Siddharth Education Services Ltd IPO Review
NO REVIEWSiddharth Education Services Ltd IPO Rating
Siddharth Education Services Ltd IPO Highlights
IPO Date
Sep 29, 2017 - Oct 5, 2017
Listing Date
13 Oct, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 30 - Rs 35 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Siddharth Education Services Ltd IPO Lot Size
The minimum market lot for Siddharth Education Services Ltd IPO is 4000 shares with an application amount of ₹1,40,000. 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 | 4000 | ₹1,40,000 |
| Retail (Max) | 1 | 4000 | ₹1,40,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,80,000 |
| S-HNI (Max) | 7 | 28000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 32000 | ₹11,20,000 |
Siddharth Education Services Ltd IPO Timeline
Issue Price
Rs 30 - Rs 35 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Karvy Computershare Private LimitedLead Manager
Gretex Corporate Services Pvt LtdIssue Size
31,08,000 Equity Shares of Rs 10 aggregating up to Rs 10.88 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Vinay Shantaram
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Siddharth Education Services Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 14,76,000 | 14,76,000 | 29,52,000 |
Day 1 -29-09-17 | 1.24 x | 0.20 x | 0.72 x |
Day 2 -03-10-17 | 1.38 x | 0.25 x | 0.82 x |
Day 3 -04-10-17 | 1.46 x | 0.45 x | 0.96 x |
Day 4 -05-10-17 | 1.86 x | 0.84 x | 1.35 x |
Frequently Asked Questions about Siddharth Education Services Ltd IPO IPO
When will Siddharth Education Services Ltd IPO open for subscription?
The Siddharth Education Services Ltd IPO opens on 29 Sep, 2017 and closes on 5 Oct, 2017.
What is the investors portion for Siddharth Education Services Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1476000.
How to apply for Siddharth Education Services Ltd IPO?
You can apply for Siddharth Education Services Ltd 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 Siddharth Education Services Ltd IPO?
The issue size of Siddharth Education Services Ltd IPO is approx ₹31,08,000 Equity Shares of Rs 10 aggregating up to Rs 10.88 Cr crores.
What is the price band of Siddharth Education Services Ltd IPO?
The price band for Siddharth Education Services Ltd IPO is Rs 30 to ₹ Rs 35 Per Equity Share.
What is the lot size of Siddharth Education Services Ltd IPO?
The minimum bid (lot size) for Siddharth Education Services Ltd IPO is 4000 shares with an investment of approx Rs 1,40,000 .
What is the allotment date of Siddharth Education Services Ltd IPO?
The allotment date for Siddharth Education Services Ltd IPO is 10 Oct, 2017.
What is the listing date of Siddharth Education Services Ltd IPO?
The listing date for Siddharth Education Services Ltd IPO is expected to be 13 Oct, 2017.
What is the GMP of Siddharth Education Services Ltd IPO?
The latest Grey Market Premium (GMP) for Siddharth Education Services Ltd 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.
