S Chand IPO
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 Dates | 26 – 28 April |
| Price Band | INR660 – 670 per share |
| Fresh issue | INR325 crore |
| Offer For Sale | 6,023,236 shares (INR403.5 crore) |
| Total IPO size | INR728.5 crore (at upper price band) |
| Minimum bid (lot size) | 22 shares |
| Face Value | INR5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
|
S Chand’s consolidated financial performance (in INR crore) |
||||||
| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | 3M FY2017 | |
| Total revenue | 174.6 | 281.5 | 370.9 | 478.5 | 540.6 | 34.9 |
| Total expenses | 147.5 | 221.7 | 291.2 | 374.5 | 412.4 | 63.7 |
| Profit after tax | 14.7 | 32.0 | 42.6 | 32.8 | 46.6 | -29.0 |
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: [email protected]
Website: www.schandgroup.com
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
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: [email protected]
Website: http://www.linkintime.co.in
S Chand IPO Subscription Details
| Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
| Day 1 | Day 2 | Day 3 | ||
| QIB | 22,11,554 | 0.60 | 2.68 | 44.26 |
| NII | 1,642,122 | 0.22 | 0.31 | 204.64 |
| Retail | 3,831,618 | 0.59 | 2.23 | 5.48 |
| Total | 7,685,284 | 0.51 | 1.95 | 59.20 |
S Chand IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
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)
When is this ipo starting? Any activity in grey market??
Jethalalji, don’t invest in this ipo. In fact, all education stocks should be avaopided. Look at CL Eduicate, what pathetic perforamce.
S CHAND IPO PERFORM VERY NICE THIS IPO LIST ON 9MAY WITH PRICE 935
Flop ipo, S Chand has no premium in grey market
Wrong info by Heera Panna. Grey activity in S Chand has started and premium is 90+. Kostak 500
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…
We can discuss on whasaap
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.
yes this kind of the share would be listed below the bid price price don’t fall in this
we have to wait till some of fadu ipo like CDSL NSE, vodaphone eris lifesciens…blah blah
Grey 178. Price band approx 670-680
SChand IPO
GMP 185 – 190
Kostak 525 – 575
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.
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
Very high pricing at 660 – 670, it will be a flop. there is no money for small investors in S Chand. AVOID AVOID AVOID
You are right. Navneet is much better than this crap. Has much better margins too.
not avoid schand ipo
Now that the pricing is known, I wonder how much is the premium in grey market. Can someone help? pls
kostak for S chand is still between 500 and 550
“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***
this share is very strong listing like sheela foam price 935/-
U can take my application
Calll me
8863805717
kyo deshmukh ji subscription dekh ke avoid kare
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!
Anchor allocation done. Nomura, HDFC, HSBC, BNP Paribas, SBI Life Insurance have led anchor portion. Good quality!!
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?
s chand ipo perform very nice. this ipo is listing RS 920/-
THIS IPO IS GURANTED LIST ON RS 890/-
ALL WILL CAME TO KNOW ON 9TH OF MAY 2017
DON’T MISS S CHAND IPO
What was the current price of IPO s chand
What was the current price of IPO s chand amount of 22 shares is 14740
gmp is from 180 to only 80
Be cautious
S CHAND IPO guaranted listing on 9th may Rs 850/-
S Chand IPO guarantee listing on 9th may is Es 850/- please subscribe
This ipo will list at Rs 1050
S chand listing below 670
listing price will be near 1000 Rs.
AGAR AISA HOTA HAI TO ME APKO 1 KG PENDA BHEJUNGA APANA PATA DO MUJE
jitendra bhai subscription ko to dekho
Ok
when shall disburse allotment of ipo S Chand
Allotment is out now
where can i search ????
Not yet
Right not out now
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.
Allotment HUVA KE NAHI ???? KONSI SITE ME ???
link intime
Not available
AAJ NAI HOGA
Linktime pe abhi tak nahi dikh raha
What time is the allotment status to be out ?
I think 3 baje allotment Hoga
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
The time of allotment is 5
aaj nai hona he….
i think allotment will be after 5pm…
thank u doc
I received allotment just now
r u sure sir….what will be the listing price…any idea sir
HEY GUYS
DR ANKIT JAIN,PALAK JHUNJHUNVALA AND SANKET MADRASI AA R SAME PERSON
NEVER TRUST THEM
FEKU….
how do you know …… ?
ALOTMENT DONE I GOT MY REFUND ON MY BANK NOW
allotment not showing on linkin time
When will allotment be done?
I got full allotment…..
Gud 4 u..njoi
Lol
ipo allotment expected on saturday
Link in time par nhi aaya abhi tak
http://schandipo.linkintime.co.in/
This notification feature is awesome, I got to know about allotment without checking link intime’s website.
I did not get shares though 🙁
Link in time par hai I got one lot
Any Premium For S.Chand IPO ???
330 Rs premium. it will go upto 1000 on listing day
Really….! if it happens I am lucky
90 rs premium.it will go up to 780-800 on listing day.according to my opinion.
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Dear Sir,
This is really useful, i also want to try y hands on S Chand IPO. Please let me know how can i buy the same. My email id is [email protected].
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.
S Chand IPO ne sabka POPAT kiya
Hi is there any chance of raise price of s chand…??
Great article! The insights on the S Chand IPO, especially the GMP and subscription details, are really helpful for potential investors like me. Looking forward to seeing how the allotment and listing play out!