Global Education IPO

Global Education IPO

Global Education IPO

Global Education IPO

Global Education Ltd was established in year 2011 as the service provider for educational support and related activities. The company is engaged in providing professional training and skill developments to corporates, teachers and students for human capital development and other various business support services to education institutions, students, corporates and banks. Its clients primarily include universities, schools and colleges wherein it provides training to teachers, principals, students and parents.

Global Education provides training to college students which help them to enhance their technical, personality development and life skills i.e. thinking, social, emotional through visual medium and to professors wherein we provide induction and orientation program for new faculty and build excellence through management and leadership skills etc. The company also provides training to top and middle level managers, supervisors and executives of various corporates.

The company’s presence currently is in the state of Maharashtra, Madhya Pradesh and Tamil Nadu. Going forward, it intends to establish presence in other locations in the country.

Promoters of Global Education – Rishabh Sunil Surana and Mighty Overseas Private Limited

Global Education IPO details

Subscription Dates16 - 21 February 2017
IPO Price bandINR140 - 150 per share
Fresh issue 683,000 shares (INR9.56 - 10.24 crore)
Offer for sale Nil
Total IPO size683,000 shares (INR9.56 - 10.24 crore)
Minimum bid (lot size)1,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge (SME platform)

 

Global Education's financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY2016
Total revenue

0.0

1.12.55.0

13.5

Total expenses

0.0

0.61.02.7

7.8

Profit after tax

-0.010.41.01.1

2.8

 

Global Education Subscription Details

Day

Subscription (no. of times)

Day 1 1.31
Day 2 5.17
Day 3 23.37
Day 4 82.25

Global Education Contact Details

Registrar of Global Education IPO

Global Education IPO Allotment Status

Global Education IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.

LISTING PERFORMANCE OF Global Education IPO

IPO Opening Date: 16 February 2017

IPO Closing Date:  21 February 2017

Finalization of Basis of Allotment: 27 February 2017

Initiation of refunds:  27 February 2017

Credit of Equity Shares: 28 February 2017

Listing Date: 2 March 2017

Listing Price on NSE SME: INR180 per share (premium of 20% on IPO price)

Closing Price on NSE SME: INR180 per share (premium of 20% on IPO price)

14 COMMENTS

  1. SME IPOs also getting oversubscribed now. I also got nothing in my application and this share will lock at upper circuit tomorrow

  2. P/E ratio for 2015-16 is less than 10 but profits have jumped a lot in the last 6 months. Current PE ratio is actually less than 6, awesome! It will be a multibagger no doubt.

  3. Hey can anyone address my problem??
    I cn view sme ipo through my icici bank but not through sbi/boi bank? Can any one lwt me knw how to applybthrough sbi or boi??

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