Chetana Education Ipo
Objects of the Issue:
Repayment of certain borrowing availed by the Company, in part or full;
To meet Working Capital requirements; and
General Corporate Purpose.
Chetana Education IPO Review
May Apply
Peer Group
S Chand and Company Limited
Navneet Education Limited
Company Promoters
Anil Jayantilal Rambhia
Rakesh Jayantilal Rambhia
Shilpa Anil Rambhia
Chetana Education IPO Lead Managers aka Merchant Bankers
Hem Securities Limited
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹136,000 |
| Retail Maximum | 1 | 1600 | ₹136,000 |
| S-HNI Minimum | 2 | 3200 | ₹272,000 |
| IPO Open Date: | July 24, 2024 |
| IPO Close Date: | July 26, 2024 |
| Basis of Allotment: | July 29, 2024 |
| Refunds: | July 30, 2024 |
| Credit to Demat Account: | July 30, 2024 |
| IPO Listing Date: | July 31, 2024 |
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹32.71 | ₹27.77 | ₹2.80 |
| 2022 | ₹43.12 | ₹40.26 | ₹1.68 |
| 2023 | ₹75.61 | ₹64.76 | ₹6.85 |
| Jan 2024 | ₹53.28 | ₹50.36 | ₹1.79 |
| Earning Per Share (EPS): | ₹4.57 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 30.04% |
| Net Asset Value (NAV): | ₹15.21 per Equity Share |
| IPO Open: | July 24, 2024 |
| IPO Close: | July 26, 2024 |
| IPO Size: | Approx ₹45.90 Crores, 5,400,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹80 to ₹85 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |