CL Educate IPO Dates, Price Band & Market Lot Details

CL Educate Limited is a New Delhi based education service provider. They plan to raise 275-350 crore from IPO in 2017. The company provides educational services like test preparation, vocational training, K-12 education, integrated corporate services, institutional solutions and publishing services. The main object of the issue is repayment of loans, to get working capital, general corporate purpose and more.

CL Educate Review:

Avoid (High Price Band)

CL Educate IPO Dates & Price Band:

IPO Open: 20-March-2017
IPO Close: 22-March-2017
IPO Size: Approx Rs. 240 Crores
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 500 to 502 Per Share
Listing on: BSE & NSE

CL Educate IPO Market Lot:

Shares: Apply for 29 Shares (Minimum Lot Size)
Amount: Rs.14558

CL Educate IPO Allotment & Listing:

Basis of Allotment: 29-March-2017
Refunds: 29-March-2017
Credit to demat accounts: 30-March-2017
Listing: 31-March-2017

CL Educate Financial:

Particulars	For the year/period ended (in Rs. Crore)
	Sep-16	Mar-16	Mar-15	Mar-14	Mar-13	Mar-12
Total Assets	385.27	378.93	325.34	183.89	178.29	170.80
Total Revenue	89.45	173.85	155.85	124.74	135.52	102.17
Profit After Tax (PAT)	7.13	4.92	7.66	2.36	6.74	(5.38)

Company Promoters:

Satya Narayanan .R
Gautam Puri
Nikhil Mahajan
R. Shiva Kumar
Sreenivasan .R
Sujit Bhattacharyya
Bilakes Consulting Private Limited

Quick Links:

DRHP Draft Prospectus
Red Herring Prospectus

IPO Registrar:

Karvy Computershare Private Limited
Tel: 1800 3454001/+91 (40) 4465 5000
Fax: +91 (40) 2343 1551
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: http://karisma.karvy.com
Contact Person: M. Murali Krishna
SEBI Registration Number: INR000000221

IPO Lead Managers:

Kotak Mahindra Capital Company Limited

Company Address:

CL Educate Ltd
15-A, Knowledge Park-II,
Greater Noida 201 310,
Uttar Pradesh, India
Tel: +91 (120) 3969 600
Fax: +91 (120) 3969 601

Vijay Prajapati

An experienced stock market professional with expertise in IPO research, market insights, and equity strategies. With a strong background in research and capital markets, he delivers comprehensive coverage on upcoming IPOs, subscription patterns, grey market premium (GMP), and post-listing performance, along with detailed reviews, recommendations, and technical analysis.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.