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.
- 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.
Mr. Chandramouleeswaran Krishnan is the promoter of the company.
|Particulars||For the year/period ended (₹ in lakhs)|
|Profit After Tax||8.70||1.65||2.92||17.60|
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 Date||Apr 20, 2021|
|IPO Closing Date||Apr 27, 2021|
|Issue Type||Fixed Price Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹20 per equity share|
|Market Lot||6000 Shares|
|Min Order Quantity||6000 Shares|
|Listing At||BSE SME|
|Issue Size||558,000 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 Date||Apr 20, 2021|
|IPO Close Date||Apr 27, 2021|
|Basis of Allotment Date||Apr 30, 2021|
|Initiation of Refunds||May 3, 2021|
|Credit of Shares to Demat Account||May 4, 2021|
|IPO Listing Date||May 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).
Kuberan Global Edu Solutions IPO Promoter Holding
|Pre Issue Share Holding||93.36%|
|Post Issue Share Holding||68.63%|
Company Contact Information
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]
- 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.
- 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.