S Chand IPO

S Chand IPO

S Chand IPO

S Chand Logo

S Chand is a leading Indian education content company in terms of revenue from operations in Fiscal 2016. The company delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments. The company is the leading K-12 education content company in terms of revenue from operations in Fiscal 2016, according to Nielsen, with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India. S Chand offers 53 consumer brands across knowledge products and services including S. Chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor.

In December 2016, the company acquired 74% of the outstanding share capital of Chhaya Prakashani Private Limited and now offers four Chhaya brands including Chhaya and IPP. In Fiscal 2016, it sold 35.47 million copies of a total of 11,144 titles. Additionally, Chhaya sold 9.88 million copies of 433 titles in Fiscal 2016. S Chand’s top ten best-selling titles accounted for sales in Fiscal 2016 of 2.96 million copies, and 15 of its authors have each sold over one million copies of their titles during the last five fiscal years.

As of June 30, 2016, its distribution and sales network consisted of 4,907 distributors and dealers, and the company had an in-house sales team of 697 professionals working from 58 branches and marketing offices across India. Chhaya Acquisition has expanded its presence in Eastern India to include an additional 746 distributors and dealers as of December 1, 2016.

Promoters of S Chand & Company: Dinesh Kumar Jhunjhnuwala, Neerja Jhunjhnuwala, Himanshu Gupta

S Chand IPO details
Subscription Dates26 - 28 April
Price BandINR660 - 670 per share
Fresh issueINR325 crore
Offer For Sale6,023,236 shares (INR403.5 crore)
Total IPO sizeINR728.5 crore (at upper price band)
Minimum bid (lot size)22 shares
Face Value INR5 per share
Retail Allocation35%
Listing OnNSE, BSE

 

S Chand's consolidated financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY20163M FY2017
Total revenue174.6281.5370.9478.5540.634.9
Total expenses147.5221.7291.2374.5412.463.7
Profit after tax14.732.042.632.846.6-29.0

S Chand Contact Details

S Chand & Co. Pvt Ltd
A-27, 2nd Floor, Mohan Cooperative Industrial Estate
New Delhi 110 044

Phone: +91 11 4973 1800
Fax: +91 11 2367 7446
Email: investors@schandgroup.com
Website: www.schandgroup.com

S Chand VALUATION (LATEST FY)

Earnings Per Share (EPS): INR17.09

Price/Earnings (P/E) ratio: 39.2

Return on Net Worth (RONW): 7.82%

Net Asset Value (NAV): INR199.86 per share

Registrar of S Chand IPO

Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai – 400 078
Maharashtra, India

Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: cdsl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

S Chand IPO Subscription Details

CategoryShares offeredSubscription (no. of times, at 5 PM) 
Day 1Day 2Day 3
QIB22,11,5540.602.6844.26
NII 1,642,122 0.220.31204.64
Retail3,831,6180.592.235.48
Total7,685,2840.511.9559.20

S Chand IPO Allotment Status

S Chand IPO allotment status is now available on Link Intime’s website. Click on http://schandipo.linkintime.co.in to get allotment status.

LISTING PERFORMANCE OF S Chand IPO

IPO Opening Date: 26 April 2017

IPO Closing Date: 28 April 2017

Finalisation of Basis of Allotment: 4 May 2017

Initiation of refunds: 5 May 2017

Transfer of shares to demat accounts: 8 May 2017

Listing Date: 9 May 2017

Listing Price on NSE: INR700 per share (up 4.5% from IPO price)

Closing Price on NSE: INR680 per share (up 1.5% from IPO price)

85 COMMENTS

  1. Flop IPO and trading below the allotment price. Where are all the guys talking about guranteed listing 800+???

    bull_sinha, you were absolutely right about S Chand. I should have taken your advise.

  2. HEY GUYS
    DR ANKIT JAIN,PALAK JHUNJHUNVALA AND SANKET MADRASI AA R SAME PERSON
    NEVER TRUST THEM
    FEKU….

  3. Linkintime is most pathetic in organizing things. Drop down doesn’t even have S Chand name appearing there. And they haven’t even taken out Avenue Supermart from drop down. That itself shows how bad their management is

  4. Allotment is still not out and Viral Shah said he got allotment yesterday. Stop spreading false information. I think we will get to know today.

  5. Come on guys, it is not that bad. I think the negativity is around nine month results. What if the company manages to surprise in the final quarter and remember, Chhaya’s figures are not included in S Chand’s results as of now.

    Why are so many brokers suggesting SUBSCRIBE if it is not good?

  6. Anchor allocation done. Nomura, HDFC, HSBC, BNP Paribas, SBI Life Insurance have led anchor portion. Good quality!!

  7. I am wondering if it is time to buy Navneet since gmp and kostak in S Chand is still high after announcement of price band. Motilal Oswal has a target of 210 on Navneet. I’ll sell S Chand application and buy Navneet. We may have another DMart situation – a tide lifting all boats!

  8. “We believe they will continue to do better in the years, however at the current price of 670 it is available at a diluted P/E of 49, which we feel is aggressively priced, hence we do not strongly recommend to invest in the IPO.”

    This is what Sushil Finance has to say. After the IPO the pe ratio is going increase to 49. It’s real price is 450 so there will be big losses to investors who get allotment

    ***AVOID***
    ***AVOID***
    ***AVOID***

  9. Very high pricing at 660 – 670, it will be a flop. there is no money for small investors in S Chand. AVOID AVOID AVOID

  10. Why some equity shares are not shown in the demat balance but shown in portfolio.How i can sell these shares.I have hdfc sec demat acct.Thanks

  11. It will be a hit below 450 but didfficult to say if priced above. kostak has gone up in last week. Pricing to be announced this week for sure.

  12. contact me if anyone interested to open an Demat & Trading a/c and Gray Market(IPO) with TradeSwift Broking PVT LTD.
    WhatsAap me : 9950420842 , 7737027742

    • Abhlash sir, please stop spamming here. If you have something good to share, go ahead but don’t go on posting same message on every page.

      STrict moderation is required on this site…

    • are yar bahut irritating ho tum
      agar kisi ko kholna hga acnt to contac kar lega and aise jagh kholega jis company ka koi reputation ho tumhara tradeswift to nam v nhi suna ha
      zerodha is best as of now with no delivery brokerage.

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