Tutorials Point IPO

Tutorials Point IPOTutorials Point description – Tutorials Point is an online education service provider which publishes high quality educational content, notes, videos & resources (e.g. coding terminals, development tools, articles, questions & answers) to students as well as IT professionals worldwide.

The repository now proudly flaunts a wealth of tutorials and allied articles on topics ranging from programming languages to web designing to academics and much more. The company has also launched an online coding terminal tool “Coding Ground” for websites wherein a user can create, edit, compile, execute and verify a program and generate a short link that can be embedded in with the user’s website.

According to Alexa Ranking as on 29 June 2019, its website (https://www.tutorialspoint.com/) is 450th & 96th most visited website worldwide and in India respectively. In FY 2018-19, the company had around 128.78 million readers worldwide who read more than 645.54 million pages of its tutorials. With approximately 257.42 million sessions held in above period with average session duration of around 4 mins, the company has created a strong base in the online education services worldwide.

The company’s YouTube channel, started in 2016, currently has more than 12,000 videos and has more than 800,000 subscribers. Tutorials Point also provides a platform to allow users (students & tutors) to connect directly and avail the services listed on the website.

Going forward, the company is planning to launch a new project, named Tutorix that offers an engaging educational kit for Math & Science for 6th-12th classes along with IIT-JEE & NEET exams preparation, and collaborates students, tutors and parents to enrich the learning experience at an affordable cost. This product is based on Freemium business model and will help the company in moving away from earning by contextual advertising, which currently accounts for more than 90% of revenue.

Tutorials Point promoters – Mohammad Mohtashim and Mahnaz Fatima
Tutorials Point – Upcoming IPO details
Subscription Dates 30 September – 4 Oct 2019 (IPO withdrawn due to poor response)
IPO Price band INR60 – 64 per share
Fresh issue 3,140,000 shares (INR18.84 – 20.10 crore)
Offer for sale Nil
Total IPO size 3,140,000 shares (INR18.84 – 20.10 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Tutorials Point IPO: Use of funds
  • To create, develop and market e – tutorial content for 6th – 12thstandard, IIT/JEE & NEET – INR13.81 crore
  • General Corporate Expenses
  • Issue expenses
Tutorials Point’s financial performance (in INR crore)
FY2017 FY2018 FY2019
Total revenue 10.4 10.3 10.4
Total expenses 6.0 5.1 4.7
Profit after tax 2.9 3.7 4.0
Tutorials Point Contact Details
Tutorials Point India Limited 
4th Floor, Incor9 Building, Block B
C-1 to C-5/1F, Kavuri Hills Madhapur
Guttla Begumpet Village, Hyderabad -500081 Phone: +91 040-4854-3786
Email: [email protected]
Website: www.tutorialspoint.com
Tutorials Point IPO Subscription Details
Day Subscription (no. of times, at 5 pm)
Day 1 0.05
Day 2 0.14
Day 3 0.15
Day 4
Tutorials Point Valuation (as of 31 March 2019)

Earnings Per Share (EPS): INR5.37

Price/Earnings (P/E) ratio: 11.17 – 11.91

Return on Net Worth (RONW): 40.91%

Net Asset Value (NAV): INR16.66 per share

Registrar of Tutorials Point IPO
Holani Consultants Private Limited
401-405 & 416-418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park,
Jaipur – 302016, Rajasthan Phone: +91 0141 2203996
Fax:
+91 0141 2201259
Email:
[email protected]
Website: www.holaniconsultants.co.in
Tutorials Point IPO Allotment Status

Tutorials Point IPO allotment status will be available on Link Intime’s website. Click on this link to get allotment status.

Listing performance of Tutorials Point

IPO Opening Date: 30 September 2019 (IPO withdrawn due to poor response)

IPO Closing Date: 4 October 2019 (IPO withdrawn due to poor response)

Finalisation of Basis of Allotment: 10 October 2019

Initiation of refunds: 11 October 2019

Transfer of shares to demat accounts: 14 October 2019

Listing Date: 15 October 2019

Listing Price on BSE SME: To be updated

Closing Price on BSE SME: To be updated

1 COMMENT

  1. A very fast growing company that provides free content on technical and non technical content, if we talk about the investment, definitely it will be profitable due to 1) their content quality, 2) their rankings, 3) their ides and 4) specially for “tutorix” (their premium video tutorial which acts like personal tutor.
    My younger brother and sisters are learning from their app and I can bet no other can beat their content quality, serving speed & the way of the representation.
    They have more than 130 guys who are regularly working on the application and to provide quick help when needed.
    I would suggest – this will be more profitable than any others.

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