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Keerti Knowledge & Skills IPO
KEERTI is one of the largest IT training institutes in Mumbai & Thane region that trains youth and students in multiple segments of Information Technology. The widespread network of its centers is committed to quality education, training and professional certifications that empower the students to meet the growing challenges of IT industry.
The company has expanded its business through its two subsidiary Companies i.e. Keerti Institute India Private Limited and Keerti Tutorials India Private Limited and the Company has vide Business Transfer Agreement dated 2nd April, 2015 has transferred its business of IT education sector which is on franchise basis to the Keerti Institute India Private Limited (KIIPL) for advancement and to rationalize the future growth of franchise business in IT education sector in future along with authorization of Maharashtra Knowledge Corporate Limited (MKCL)to conduct MKCL’s Courses. Thereafter, KIIPL entered into 90 afresh franchisees Agreements at various locations in Mumbai and Thane.
Promoters of Keerti Knowledge & Skills – Sudhakar P Sonawane
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Keerti Knowledge & Skills IPO details |
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| Subscription Dates | 24 – 28 July 2017 |
| IPO Price band | INR52 per share |
| Fresh issue | 780,000 shares (INR4.0 crore) |
| Offer for sale | Nil |
| Total IPO size | 780,000 shares (INR4.0 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
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Keerti Knowledge & Skills’ standalone financial performance (in INR lakh) |
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| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | 10M FY2017 | |
| Total revenue | 218.6 | 184.7 | 190.4 | 214.6 | 64.1 | 100.4 |
| Total expenses | 178.6 | 142.0 | 147.4 | 163.5 | 40.9 | 69.1 |
| Profit after tax | 23.6 | 22.0 | 23.4 | 30.2 | 8.9 | 18.1 |
Keerti Knowledge & Skills Limited
65/2823, Ashadeep CHS Ltd., Gandhi Nagar,
Near MIG Cricket Club, Bandra (East)
Mumbai – 400051
Phone: +91 22Â 2655 0480
Email: [email protected]
Website: www.keerti.org
| Day |
Subscription (no. of times) |
| Day 1 | 0.61 |
| Day 2 | 0.79 |
| Day 3 | 0.96 |
| Day 4 | 1.17 |
| Day 5 | 1.81 |
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Earnings Per Share (EPS): INR1.92
Price/Earnings (P/E) ratio:Â 27.15
Return on Net Worth (RONW): 5.3%
Net Asset Value (NAV): INR36.11 per share
Link Intime India Private Limited
C-101, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai – 400 083
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website:Â http://www.linkintime.co.in
Keerti Knowledge & Skills IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
You can also check your IPO allotment status from your mobile at
http://linkintime.co.in/ipo
IPO Opening Date: 24Â July 2017
IPO Closing Date: 28Â July 2017
Listing Date: 7 August 2017
Listing Price on NSE SME: INR51 per share (down 1.9% from IPO price)
Closing Price on NSE SME: INR52 per share (no change from IPO price)
Such small company and PE ratio of 27!!!
can we apply?
Agree P/E is VERY high
How to apply SME IPO thru HDFC ASBA? Pls guide
Lower PE is better