Kuberan Global Edu Solutions Limited IPO Detailed Review - Ajay Singh Chauhan

Kuberan Global Edu Solutions Limited IPO Detailed Review

Incorporated in 2013, Kuberan Global Edu Solutions Limited (KGES) is a Tamil Nadu based company that offers “TEST PREP” segment services including Banking courses, Accounting & Professional Courses (CA, CS, CMA), Master of Business Administration Entrance exams, Staff Selection Commission (SSC), and Other Competitive Exams.

The company follows Kuberan class (virtual learning concept) through the use of IT to offer courses via online teaching and classroom environment. Online web conferencing, video conferencing chat rooms, Voice over IP (Internet Protocol) are used to provide e-learning facilities to clients. It also provides custom courses and offers customized training to the government, corporates, and other educational institutions. The company has training units in Coimbatore, Tuticorin, Surat, Udumalaipet.

Competitive strengths

  • Strong product portfolio with multiple courses.
  • Professional qualified and experienced management team.
  • Technical excellence and dedicated workforce.
  • Offers courses through both online and offline routes.

Company Promoters:

Mr. Chandramouleeswaran Krishnan is the promoter of the company.

Company Financials:

ParticularsFor the year/period ended (₹ in lakhs)
31-Oct-2031-Mar-2031-Mar-1931-Mar-18
Total Assets175.19156.19163.93123.32
Total Revenue62.6090.8598.7582.80
Profit After Tax8.701.652.9217.60

Objects of the Issue:

The company aims to raise money for the following purposes;

  • Capital expenditure for Digitalizing Banking Course through online mode by using IT (Information Technology).
  • To meet general corporate purposes.

Kuberan Global Edu Solutions IPO Details

IPO Opening DateApr 20, 2021
IPO Closing DateApr 27, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹20 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size558,000 Eq Shares of ₹10
(aggregating up to ₹1.12 Cr)

Kuberan Global Edu Solutions IPO Tentative Timetable

The Kuberan Global Edu Solutions IPO open date is Apr 20, 2021, and the close date is Apr 27, 2021. The issue may list on May 5, 2021.

IPO Open DateApr 20, 2021
IPO Close DateApr 27, 2021
Basis of Allotment DateApr 30, 2021
Initiation of RefundsMay 3, 2021
Credit of Shares to Demat AccountMay 4, 2021
IPO Listing DateMay 5, 2021

Kuberan Global Edu Solutions IPO Lot Size

The Kuberan Global Edu Solutions IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹120,000
Maximum16000₹120,000

Kuberan Global Edu Solutions IPO Promoter Holding

Pre Issue Share Holding93.36%
Post Issue Share Holding68.63%

Company Contact Information

Kuberan Global Edu Solutions Limited
401, GES Complex, 1st Floor, 7th Street,
Gandhipuram, Coimbatore–641012


Phone: 04224348001
Email: [email protected]
Websitehttp://www.kgesltd.in/

Kuberan Global Edu Solutions IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai – 400 059

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

  1. When Kuberan Global Edu Solutions IPO allotment? The finalization of Basis of Allotment for Kuberan Global Edu Solutions IPO will be done on Apr 30, 2021, and the allotted shares will be credited to your demat account by May 4, 2021. Check the Kuberan Global Edu Solutions IPO allotment status.
  2. When is Kuberan Global Edu Solutions IPO listing date? The Kuberan Global Edu Solutions IPO listing date is not yet announced. The tentative date of Kuberan Global Edu Solutions IPO listing is May 5, 2021.

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