IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Chetana Education IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Education sector. Hem Securities is the merchant banker of Chetana Education IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th June 2024.
Chetana Education IPO open date is 24th July 2024 and close date is 26th July 2024. IPO Allotment Date is 29th July 2024 and Listing date is 31st July 2024.Chetana Education IPO size is Rs 45.90 Cr. crores with IPO price of Rs 85.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Chetana Education IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Chetana Education IPO.
Chetana Education IPO anchor investors are the below investors. The number of anchor investors in this IPO is 9.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| FINAVENUE GROWTH FUND | 294,400.00 | ₹85.00 | ₹25,024,000.00 |
| Negen Undiscovered Value | 294,400.00 | ₹85.00 | ₹25,024,000.00 |
| Visionary Value Fund | 236,800.00 | ₹85.00 | ₹20,128,000.00 |
| Benani Capital - | 118,400.00 | ₹85.00 | ₹10,064,000.00 |
| J4S Venture Fund | 118,400.00 | ₹85.00 | ₹10,064,000.00 |
| Kingsman Wealth Fund | 118,400.00 | ₹85.00 | ₹10,064,000.00 |
| Rajasthan Global Securities | 118,400.00 | ₹85.00 | ₹10,064,000.00 |
| Resonance Opportunities Fund | 118,400.00 | ₹85.00 | ₹10,064,000.00 |
| Lotus Value Fund | 118,400.00 | ₹85.00 | ₹10,064,000.00 |
Chetana Education IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Chetana Education IPO, based in Mumbai, operates in the Education sector with a focus on specializes in publishing textbooks and educational software. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Chetana Education IPO size is ₹ 45.90 Cr. Crores with fresh issue size of Rs 45.90 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Chetana Education IPO is expected to be 29th July 2024, after the finalization of basis of allotment. Investors can check Chetana Education IPO allotment status on the registrars website, Link Intime India Private Limited. Chetana Education IPO refund dates are 30th July 2024.
Chetana Education IPO is expected to be listed on 31st July 2024.
The upper price band for the Chetana Education IPO is set at ₹ 85.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Chetana Education IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Chetana Education IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th July 2024. After submission, funds are blocked until the basis of allotment of Chetana Education IPO is finalised.
The merchant banker for Chetana Education IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Chetana Education IPO RHP for further details.
The registrar for Chetana Education IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Chetana Education IPO through their official website or helpline.
Chetana Education IPO was subscribed 196.87 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 45.90 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.50 Cr.
Sector: Education
SME IPO so far:
4
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 93.50 cr.
PE
Ratio:
14.41x
Average Sector PE Ratio: 18.78x
Chetana Education IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Chetana Education Financial Review Page
Merchant Banker(s) of Chetana Education IPO: Hem Securities Limited
Chetana Education IPO subscription was 196.87 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Chetana Education IPO listed at a listing price of 103.80 against the offer price of 85.00.
The current market price of Chetana Education is 90.00.
Why Us?
