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Home All IPOs Shanti Educational Initiatives Ltd. IPO
Shanti Educational Initiatives Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹90
Issue Price
₹90
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹90
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
01 Jun 2016
Wed Completed
Done
Close Date
06 Jun 2016
Mon Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
14 Jun 2016
Tue Completed
UPI Deadline: 06 Jun 2016
Issue Details
Pricing & Size
Issue Price
₹90 Face ₹10
Lot Size
1,600 shares
Min Investment
₹144,000
Total Issue Size
44,00,000 shares (aggregating up to ₹39.60 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,40,000 (5.45%)
QIB Portion
-
NII / HNI
20,80,000 (47.27%)
Retail
20,80,000 (47.27%)
Employee
-
Net Offer to Public
41,60,000 shares (aggregating up to ₹37.44 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,53,00,000 shares
Post-Issue Shareholding
1,61,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,44,000
HNI / NII 2 3,200 ₹2,88,000
Objects of Issue
3 objectives
1
1 Construction of School Building at Vastralin Gujarat
6.52 Cr
2
2 General Corporate Expenses
0.53 Cr
3
3 Issue Expenses
0.15 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Oneview Corporate Advisors Pvt.Ltd.
Market Maker
Guiness Securities Ltd.
IPO Timeline
Open
01 Jun
✓ Done
Close
06 Jun
✓ Done
Allotment
TBA
Listing
14 Jun
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
seil.ipo@linkintime.co.in
Company Contact
Email
Info@seil.edu.in
Phone
+91-79- 26734660/62/63
Address
283, New Cloth Market, Ahmedabad- 380002 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹90
Est. Listing
₹90
Lot Size
1,600 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
Shanti Educational Initiatives 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
₹90
GMP
+₹0 (+0%)
GMP Est. Listing
₹90
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)*
NII / HNI (Total) 20,80,000 (47.27%) ₹1,872.00 Cr
Retail Investors 20,80,000 (47.27%) ₹1,872.00 Cr
Total ** 20,80,000 (47.27%) ₹1,872.00 Cr
Market Maker * 2,40,000 (5.45%) ₹21.60 Cr
* Based on ₹90.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
20,80,000 (47.27%)
Retail
20,80,000 (47.27%)
Market Maker
2,40,000 (5.45%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Key Financial Ratios
2.88%
RONW
Return on Net Worth
About Shanti Educational Initiatives Ltd.

Incorporated in 2010, Shanti Educational Initiatives Ltd (SEIL) engaged in the business of providing educational support services to preschools, K-12 and premium category preschools in India. Three business units of the company are as under:

Shanti Juniors: With 154 franchised preschools under the brand name of 'Shanti Juniors' spread over western, southern and northern region in India, they are rapidly growing popularity in preschool segment.

Shanti Asiatic School: Under the brand name of 'Shanti Asiatic School' there are 6 K-12 schools having over approximately 3600 students.

Shanti's Hopskotch: There are 5 premium category preschools to serve the niche segment which aspire for premium quality education, ambience and learning environment for children under the brand name of 'Shanti's Hopskotch'.

Company is headquartered in Ahmedabad, Gujrat. Apart from Gujarat Company's presence is also concentrated in the states of Rajasthan, Bihar, Maharashtra, Karnataka, and Tamil Nadu.

Frequently Asked Questions
What is the issue price of Shanti Educational Initiatives Ltd. IPO?
The issue price of Shanti Educational Initiatives Ltd. IPO is ₹90 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹144,000.
What are the IPO dates?
Opens 01 Jun 2016, closes 06 Jun 2016.
When is the listing date?
Tentative listing: 14 Jun 2016 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹90 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Shanti Educational Initiatives Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
14 Jun 2016
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹90
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹90
GMP +₹0
Key Dates
Open
01 Jun Done
Close
06 Jun Done
Listing
14 Jun Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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