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 Dates||16 – 21 February 2017|
|IPO Price band||INR140 – 150 per share|
|Fresh issue||683,000 shares (INR9.56 – 10.24 crore)|
|Offer for sale||Nil|
|Total IPO size||683,000 shares (INR9.56 – 10.24 crore)|
|Minimum bid (lot size)||1,000 shares|
|Face Value||INR10 per share|
|Listing On||NSE Emerge (SME platform)|
Global Education’s financial performance (in INR crore)
Profit after tax
Subscription (no. of times)
Global Education Limited
Office No. 112, 1st Floor of Building “Panchratna CHSL”, M. P. Marg, Opera House, Girgaon,
Mumbai 400 004
Bigshare Services Private Limited
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Global Education IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.
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)