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Chetana Education Limited
Issue Size (Net)
up to Rs.45.90 Cr
Price Band
Rs. 80 to Rs. 85
Issue Opens
July 24, 2024
Issue Closes
July 26, 2024

Company Highlights

1.Company Information


Established in 2017, Chetana Education Limited specializes in publishing textbooks for CBSE/State Board curriculum for the K-12 segment and educational software for educational videos for teachers and students accessible through QR (Quick Response) codes.

Chetana Education currently caters to the Maharashtra State Board and the Central Board of Secondary Education (CBSE) and covers the entire spectrum of textbooks from early pre-primary education to K-12 courses. The company has sold over 6 million books for students at various grade levels, from pre-primary to primary, secondary, and senior secondary. The company works with over 400 contract authors who contribute to the creation of content for the company.

The company has a portfolio of 700 titles (as of 2023) with 15 different brands including Master Key, Self-Study, Firefly, Bright Buddies, My Skill Book, Grade Me, QR Series, etc. The company has also developed a range of digital content to enhance students' understanding of specific subjects and harness the content for a better learning experience.

2. Objects of the Issue


1. Repayment of certain borrowing availed by the Company, in part or full;
2. To meet Working Capital requirements; and
3. General Corporate Purposes.

3. Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: Chetana.smeipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Chetana Education Limited Financial Information (Restated Standalone)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
9475.09
9367.06
1203.47
2524.55
1024.55
5128.73
31-Mar-23
8315.08
7560.77
685.47
2281.92
4299.5
31-Mar-22
7605.82
4312.21
168.06
1947.33
3876.03
Amount in Rs. Lakhs

Chetana Education IPO Details

Issue Opening Date
July 24, 2024
Issue Closing Date
July 26, 2024
Face Value
Rs.10 per share
Price
Rs.80 to Rs.85 per share
Lot Size
1600 Shares
Issue Size
5,400,000 shares(aggregating up to Rs.45.90 Cr)
Fresh Issue
5,400,000 shares(aggregating up to Rs.45.90 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Chetana Education IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Wednesday, July 24, 2024
Closing Date
Friday, July 26, 2024
Basis of Allotment
Monday, July 29, 2024
Initiation of Refunds
Tuesday, July 30, 2024
Credit of Shares to Demat
Tuesday, July 30, 2024
Listing Date
Wednesday, July 31, 2024
Cut-off time for UPI mandate confirmation
5 PM on July 26, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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