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CL Educate Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹502
Issue Price
₹502
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹502
GMP based
Lot Size
29
shares / lot
Min Amount
₹14,558
1 lot · 29 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
20 Mar 2017
Mon Completed
Done
Close Date
22 Mar 2017
Wed Completed
Done
Allotment
29 Mar 2017
Wed Completed
Done
Refund
29 Mar 2017
Wed Completed
Done
Demat Credit
30 Mar 2017
Thu Completed
Done
Listing Date
31 Mar 2017
Fri Completed
UPI Deadline: 22 Mar 2017
Issue Details
Pricing & Size
Issue Price
₹502 Face ₹10
Lot Size
29 shares
Min Investment
₹14,558
Total Issue Size
47,60,000 shares (aggregating up to ₹238.95 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
23,80,000 (50.00%)
NII / HNI
7,14,000 (15.00%)
Retail
16,66,000 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
1,19,83,159 shares
Post-Issue Shareholding
1,41,63,278 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 29 ₹14,558
HNI / NII 14 406 ₹2,03,812
bHNI / bNII 69 2,001 ₹10,04,502
Objects of Issue
4 objectives
1
1 Funding working capital requirements of the Company and the Subsidiaries, GKP and Kestone
52.50 Cr
2
2 Pre-payment of outstanding amount of a debt facility availed of by the Subsidiary, CLIP
18.60 Cr
3
3 Acquisitions and other strategic initiatives
20.00 Cr
4
4 General corporate purposes
9.96 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd.
IPO Timeline
Open
20 Mar
✓ Done
Close
22 Mar
✓ Done
Allotment
29 Mar
✓ Done
Listing
31 Mar
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Company Contact
Email
compliance@cleducate.com
Phone
+91-11-45070311
Address
A-41, Espire Building, Lower Grd Flr, Mohan Co-operative Industrial Area, Main Mathura Road, New Delhi - 110 044 Delhi, New Delhi
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹502
Est. Listing
₹502
Lot Size
29 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
CL Educate Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹502
GMP
+₹0 (+0%)
GMP Est. Listing
₹502
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 23,80,000 (50.00%) ₹11,947.60 Cr
NII / HNI (Total) 7,14,000 (15.00%) ₹3,584.28 Cr
Retail Investors 16,66,000 (35.00%) ₹8,363.32 Cr
Total ** 47,60,000 (100.00%) ₹238,952.01 Cr
* Based on ₹502.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
23,80,000 (50.00%)
NII
7,14,000 (15.00%)
Retail
16,66,000 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30-Sep-1631-Mar-1631-Mar-15
Revenue89.45173.85155.85
PAT7.134.927.66
EBITDA
Net Worth
Total Assets385.27378.93325.34
Reserves
Borrowings
About CL Educate Ltd.

Incorporated in 1996, CL Educate Ltd is engaged in providing various educational products and services. They operates through two segments, Education and Training Programme (Including Sale of Study Material) and Vocational Training.

The Company's Education and training program (including sale of study material) segment includes coaching for higher education entrances. The Company's Vocational training segment includes specific projects undertaken (including government projects).

CL Educate offers test preparation courses and services under the Career Launcher brand, publishing and content development services under the brand GK Publications and event management, marketing support, customer engagement, and managed manpower and training services under the Kestone brand name.

They also provides integrated solutions to educational institutions and universities, including business advisory and outreach support services under the CL Media brand, as well as research incubation and support services under the brand Accendere brand. In addition, the company operates K-12 schools under the Indus World School brand name. As on September 30, 2015, they had 146 test-prep centers spread over 86 cities in India, 8 K-12 schools spread across 6 cities & 28 vocational training centers and offices.

Frequently Asked Questions
What is the issue price of CL Educate Ltd. IPO?
The issue price of CL Educate Ltd. IPO is ₹502 per share, face value ₹10.
What is the lot size?
Minimum lot size is 29 shares, requiring ₹14,558.
What are the IPO dates?
Opens 20 Mar 2017, closes 22 Mar 2017.
When is the listing date?
Tentative listing: 31 Mar 2017 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹502 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

CL Educate Ltd. IPO · Expected 29 Mar 2017

Check on Registrar
Post-IPO Timeline
Allotment Date
29 Mar 2017
Refund Initiation
29 Mar 2017
Demat Credit
30 Mar 2017
Listing Date
31 Mar 2017
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹502
Face ₹10
Lot Size
29
shares / lot
Min Amount
₹14,558
1 lot
Est. Listing
₹502
GMP +₹0
Key Dates
Open
20 Mar Done
Close
22 Mar Done
Listing
31 Mar Done
Registrar
Kfin Technologies Ltd.
A
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