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

MT Educare Limited IPO (MT Educare IPO) Details

MT Educare Limited is an Education based company, located in Mumbai, MT Educare Limited IPO size was 99.00 Cr. and was issued at 80.00 per share. The share of MT Educare Limited were listed at 90.35 per share and are currently trading at 2.45 per share.

Type :
Sub Sector : Education
MainBoard IPO

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

Revenue :
144.58 Cr.

PAT :
19.50 Cr.

Pricing Report

Issue Price :
80.00

Listing Price :
90.35

Current Market Price :
2.45

Issue Price vs CMP :
77.55 (96.94%)

listing Price vs CMP :
87.9 (97.29%)

Performance Report (CAGR* wise)

CAGR : -23.86
-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 MT Educare

Company Information
MT Educare Limited is a provider of education support and coaching services for secondary and higher secondary school students, as well as those pursuing a commerce graduation degree, preparing for competitive examinations, or undertaking chartered accountancy exams. It operates across Maharashtra, Tamil Nadu, Karnataka, and Gujarat through 190 coaching centers in 106 locations as of May 15, 2011. In Maharashtra, the company has a significant presence, with 138 coaching centers in 85 locations, primarily in Mumbai, and 28 centers in cities like Nashik, Aurangabad, and Nagpur through franchise arrangements.

The company also offers coaching for competitive examinations for MBA admissions through its subsidiary, CPLPL, operating in four locations in Mumbai. Recently, it expanded operations to six locations in New Delhi and Gurgaon under the
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Object of Issue
  • Part financing the cost of construction of a PUC campus in Karnataka, which includes the cost of acquisition of land
  • Establishing new Coaching Centres at 0 locations and
  • General corporate purposes

MT Educare MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2012
IPO Size :
99.00 Cr.
IPO Subscription :
4.80 X     
PE Multiple :
13.59
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

MT Educare operates in Education and Education. The Issue is listed on MainBoard in Apr, 2012. MT Educare IPO size was 99.00 Cr. with Issue price of 80.00 .

Merchant Banker(s) of MT Educare IPO: Axis Capital Limited

MT Educare IPO subscription was 4.80 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.

MT Educare IPO listed at a listing price of 90.35 against the offer price of 80.00.

The current market price of MT Educare is 2.45.

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