Kuberan Global Edu Solutions Limited

Kuberan Global Edu Solutions IPO Review

Kuberan Global Edu Solutions is occupied with test prep portion 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 growing to incorporate different other test prep courses added to its repertoire.

The organization additionally gives custom courses and has capacities to give redid preparing to the corporate, government and instructive associations. The organization trains understudies on different courses and has interesting seminars on abundance the executives and capital business sectors to the Investing people group.

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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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

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

Listing Performance of Kuberan Global Edu Solutions

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Kuberan Global Edu Solutions Limited

May 5, 2021

20

22.05

10.25%

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BSE :543289

ISIN CODE :  INE04CO01018

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)

Kuberan Global Edu Solutions Limited

401, GES Complex, 1st Floor,

7th Street, Gandhipuram,

Coimbatore, Tamil Nadu – 641012

Phone: +91 042 24348001

Email: investor@kgesltd.in

Website: www.kgesltd.in

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: ipo@bigshareonline.com

Website: www.bigshareonline.com

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

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Kuberan Global Edu Solutions IPO FAQ's

The Kuberan Global Edu Solutions IPO is a SME IPO of ₹20 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 558,000 equity shares of ₹10 (aggregating up to ₹1.12 Crore).

The initial public offering (IPO) begins on April 20, 2021 and ends on April 27, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Kuberan Global Edu Solutions IPO opens on April 20, 2021 and closes on April 27, 2021. The IPO Issue date may list on May 5, 2021.

The Kuberan Global Edu Solutions IPO Market lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

The finalization of Basis of Allotment for Kuberan Global Edu Solutions IPO will be done on April 30, 2021, and the allotted shares will be credited to your demat account by May 4, 2021. Check the Kuberan Global Edu Solutions IPO status.

The Kuberan Global Edu Solutions IPO listing date is on May 5, 2021.

Kuberan Global Edu Solutions IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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Kuberan Global Edu Solutions IPO Comments