Chetana Education Limited (NSE SME)
Jul 24, 2024 - Jul 26, 2024
| Price | ₹80 - ₹85 |
| Premium | ₹25 |
|---|---|
| Lot size | 1600 |
| Allotment | Jul 29, 2024 |
| Listing | Jul 31, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 136000 | 1122 |
| HNI | 2 | 3200 | 272000 | 481 |
Last updated on 26-Jul-2024 17:03:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1025600 | 103806400 | 101.22 |
| NIB | 769600 | 360715200 | 468.7 |
| RETAIL | 1795200 | 241228800 | 134.37 |
| Total | 3590400 | 705750400 | 196.57 |
| Retail Apps | 150768 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹53.48 | @8% ₹61.12 | @9% ₹68.76 | @10% ₹76.4 | @11% ₹84.04 | @12% ₹91.69 |
Chetana Education IPO Details
| Total Issue Size | 5,400,000 shares (aggregating up to ₹45.90 Cr) |
| Fresh Issue | 5,400,000 shares (aggregating up to ₹45.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 15,000,000 |
| Share holding post issue | 20,400,000 |
| Market Maker portion | 273,600 shares Hem Finlease |
Chetana Education IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 50.08% | 32.42% | 8.32% |
| ROCE | 26.87% | 20.55% | 9.94% |
| RONW | 47.67% | 30.04% | 8.63% |
| D/E | 2.03 | 1.88 | 1.99 |
| EPS (basic) | 8.02 | 4.57 | 1.12 |
| P/E Pre IPO | 10.59 | ||
| P/E Post IPO | 14.41 |
Financial Information (Restated Standalone)
| Period Ended | Mar-24 | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|---|
| Assets | 9,475.09 | 8,315.08 | 7,605.82 | 6,825.10 |
| Revenue | 9,367.06 | 7,560.77 | 4,312.21 | 3,270.96 |
| Profit After Tax | 1,203.47 | 685.47 | 168.06 | 280.3 |
| Net Worth | 2,524.47 | 2,281.92 | 1,947.33 | 2,091.10 |
| Reserves And Surplus | 1,024.55 | |||
| Total Borrowing | 5,128.73 | 4,299.50 | 3,876.03 | 3,487.85 |
| Amount in Lakhs | ||||
About Company
Chetana Education Limited, established in 2017, specializes in publishing textbooks for the CBSE and Maharashtra State Board curricula for the K-12 segment, and educational software featuring videos accessible via QR codes. The company serves a wide range of students, from pre-primary to senior secondary levels, and has sold over 6 million books. With a portfolio of 700 titles across 15 brands, including Master Key, Self-Study, Firefly, and QR Series, Chetana Education collaborates with over 400 contract authors to create high-quality educational content. They have developed extensive digital resources, partnering with Allern Enterprises Private Limited to produce over 30,000 educational videos. As of December 2023, the company employs 470 people and maintains a robust distribution network of over 500 distributors and dealers, supported by a dedicated sales team across India.
Hem Securities Limited
904, A wing, 9th Floor,
Naman Midtown, Senapati bapat marg,
Elphinstone road, Lower Parel
Website: https://www.hemsecurities.com
Email: ipoinfo@hemonline.com
Phone: +91 22 49060000
Focused Digital and Technology Platform: Chetana Education Limited leverages advanced technology, offering over 30,000 educational videos accessible via QR codes, enhancing the learning experience for students.
Consumer-Focused Education Content: The company provides a diverse portfolio of 700 titles across 15 brands, catering to a wide range of educational needs from pre-primary to senior secondary levels.
Strong Position in the K-12 Market: With over 6 million books sold and a strategic partnership with Allern Enterprises, Chetana Education holds a healthy position in the K-12 educational market, supported by a robust distribution network and a dedicated sales team.
Cyclical Revenue and Profitability: Due to the academic cycle, revenue and profitability may fluctuate significantly, making period-to-period comparisons challenging.
Changing Examination Patterns and Syllabus: The business is subject to shifts in examination paper patterns, syllabus changes, and evolving customer preferences, which could impact the company's ability to meet market demands.
Dependence on Authors: The company's success heavily relies on its authors; losing any key authors could adversely affect business operations, financial condition, and overall performance.
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