247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

CL Educate Limited IPO (CL Educate IPO) Details

CL Educate Limited is an Education based company, located in New Delhi, CL Educate Limited IPO size was 238.95 Cr. and was issued at 502.00 per share. The share of CL Educate Limited were listed at 417.90 per share and are currently trading at 124.44 per share.

Type :
Sub Sector : Education
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
321.40 Cr.

PAT :
25.84 Cr.

Pricing Report

Issue Price :
502.00

Listing Price :
417.90

Current Market Price :
124.44

Issue Price vs CMP :
377.56 (75.21%)

listing Price vs CMP :
293.46 (70.22%)

Performance Report (CAGR* wise)

CAGR : -16.34
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About CL Educate

Company Information
CL Educate Limited is a diversified and integrated technology-enabled provider of education products, services, content, and infrastructure, with a presence across the education value chain. Since its commencement of operations in 1996, the company has expanded its operations into six business segments:

Test preparation and training services: Conducted under the well-recognized brand Career Launcher.
Publishing and content development: Conducted under the brand GK Publications.
Integrated business, marketing, and sales services for corporates: Conducted under the brand Kestone, which includes event management, marketing support (including digital marketing), customer engagement, managed manpower, and training services.
Vocational training programs: Implemented under government schemes in various states across India.
Integrated solutions to educational institutions and universities: Including business advisory and outreach support services, under the brand CL Media,
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Object of Issue
  • Funding Working Capital requirement of the Company
  • Acquisitions and other strategic initiatives
  • Pre payment of outstanding amount of a debt and
  • General Corporate Purposes

CL Educate MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2017
IPO Size :
238.95 Cr.
IPO Subscription :
1.90 X     
PE Multiple :
27.00
IPO Registrar:
Kfin Technologies Limited

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FAQs

CL Educate operates in Education and Education. The Issue is listed on MainBoard in Mar, 2017. CL Educate IPO size was 238.95 Cr. with Issue price of 502.00 .

Merchant Banker(s) of CL Educate IPO: Kotak Mahindra Capital Company Limited

CL Educate IPO subscription was 1.90 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.

CL Educate IPO listed at a listing price of 417.90 against the offer price of 502.00.

The current market price of CL Educate is 124.44.

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