Chetana Education Limited
- Minimum Investment₹1,28,000
- Price Range₹80 - ₹85
- Issue Size₹45.90 Cr
- Lot Size1600 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
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
No Data
Balance Sheet
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
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
- PromoterAnil Jayantilal Rambhia
- PromoterRakesh Jayantilal Rambhia
- PromoterShilpa Anil Rambhia