Thursday, May 13, 2021

Kuberan Global Edu Solutions IPO Details

Kuberan Global Edu Solutions IPO

Kuberan Global Edu Solutions IPO description – Kuberan Global Edu Solutions is engaged in test prep segment including Banking courses, Master of Business Administration Entrance Exams, Staff Selection Commission (SSC), Life Insurance Corporation of India (LIC), Accounting and Professional Courses like Chartered Accountant (CA), Certified Management Accountant (CMA), Company Secretary (CS) and it is expanding to include various other test prep courses under its belt.

The company also provides custom courses and has capabilities to provide customized training to the corporate, government and educational organizations. The company trains students on various courses and has unique courses on wealth management and capital markets to the Investing community.

Promoters of Kuberan Global Edu Solutions – Chandramouleeswaran Krishnan
Kuberan Global Edu Solutions IPO details
Subscription Dates 20 – 27 April 2021
Price Band INR20 per share
Fresh issue 558,000 shares (INR111.60 lakh)
Offer For Sale Nil
Total IPO size 558,000 shares (INR111.60 lakh)
Minimum bid (lot size) 6,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE Startup SME platform
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Kuberan Global Edu Solutions financial performance (in INR lakh)

FY2018 FY2019 FY2020 7M FY2021
Revenue 82.80 98.75 90.85 62.60
Expenses 59.10 94.33 88.61 50.85
Net income 17.60 2.92 1.65 8.70
Net margin (%) 21.3 3.0 1.8 13.9

Registrar of Kuberan Global Edu Solutions IPO

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

Valuation of Kuberan Global Edu Solutions IPO (FY2020)

Earnings Per Share (EPS): INR0.11
Price/Earnings (PE ratio): 182.60
Return on Net Worth (RONW): 1.08%
Net Asset Value (NAV): INR10.13 per share

Kuberan Global Edu Solutions IPO Subscription Details

Day

Subscription (no. of times)

Day 1

0.25

Day 2

1.03

Day 3

1.36

Day 4

2.14

Day 5

3.30

Kuberan Global Edu Solutions Contact Details

Kuberan Global Edu Solutions Limited
401, GES Complex, 1st Floor,
7th Street, Gandhipuram,
Coimbatore, Tamil Nadu – 641012
Phone: +91 042 24348001
Email: [email protected]
Website: www.kgesltd.in

Kuberan Global Edu Solutions IPO Allotment Status

Kuberan Global Edu Solutions IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

Listing Performance of Kuberan Global Edu Solutions

IPO Opening Date: 20 April 2021
IPO Closing Date: 27 April 2021
Finalisation of Basis of Allotment: 30 April 2021
Initiation of refunds:
3 May 2021
Transfer of shares to demat accounts:
4 May 2021
Listing Date
: 5 May 2021
Opening Price on BSE Startup: INR21 per share (up 5% from IPO price)
Closing Price on BSE Startup: INR22.05 per share (up 10.25% from IPO price)

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