Share.Market Logo
Share.Market Logo

Chetana Education Limited

  • Minimum Investment
    ₹1,28,000
  • Price Range
    ₹80 - ₹85
  • Issue Size
    ₹45.90 Cr
  • Lot Size
    1600 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Repayment of certain borrowing availed by the company, in part or full

To meet working capital requirements

General corporate purpose

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Chetana Education Limited

Focused digital and technology platform

The company's platform and approach empower students to engage actively, fostering a dynamic, flexible, and enriched educational experience, and can support locations across India where the availability of tuition teachers is poor or not easily affordable

Growth in K-12 segment

From FY22 to FY23, the company's K-12 operating revenue grew at a CAGR of 75.4%. It sells its content under different brands and through the sales teams, it has developed multiple touch points across the K-12 business

Widespread sales and distribution network

The company has a widespread sales and distribution network that spans 18 states and union territories, consisting of over 500 distributors and dealers

Cyclical business

The business is intricately tied to the academic cycle, making it somewhat cyclical in nature. As a result, its revenue and profitability may not be comparable from one period to another

Subject to constant changes

The company's product is subject to changing examination paper patterns and syllabi, and customer preferences. The inability to meet such needs or preferences may affect the business

Certain legal proceedings

The company's promoters and directors are involved in certain legal proceedings. These legal proceedings are pending at different levels of adjudication before various courts and forums

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Chetana Education Limited

Chetana Education is a content-based company, specializing in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. Additionally, it provides access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes, backed by a comprehensive sales and distribution network.
  • Promoter
    Anil Jayantilal Rambhia
  • Promoter
    Rakesh Jayantilal Rambhia
  • Promoter
    Shilpa Anil Rambhia

Chetana Education Limited IPO FAQs

What is Chetana Education Limited IPO?

Chetana Education Limited IPO refers to the initial public offering of shares by Chetana Education Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Chetana Education Limited IPO?

For Chetana Education Limited IPO the issue size is ₹46 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Chetana Education Limited IPO?

For Chetana Education Limited IPO the minimum investment is ₹1,28,000. The minimum investment for Chetana Education Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Chetana Education Limited IPO?

For Chetana Education Limited IPO the lot size is 1600 shares. The lot size of Chetana Education Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Chetana Education Limited IPO on Share.Market?

To apply for Chetana Education Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Chetana Education Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Chetana Education Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Chetana Education Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Chetana Education Limited IPO?

For Chetana Education Limited IPO the allotment date is July 29, 2024. The allotment date of Chetana Education Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Chetana Education Limited IPO?

For Chetana Education Limited IPO, the subscription opens on July 24, 2024 and closes on July 26, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
196.46x Oversubscribed