| Chetana Education Ltd |
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| Initial public offer of upto 54,00,000 equity shares of face value of
(Rs)10/- each (the "Equity Shares") of Chetana Education Limited ("The Company" or "The Issuer" or "CEL") at an issue price of (Rs)[*] per equity share for cash, aggregating up to (Rs)[*] crores ("Public Issue") out of which 2,73,600 equity shares of face value of (Rs)10 each, at an issue price of (Rs)[*] per equity share for cash, aggregating (Rs)[*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 51,26,400 equity shares of face value of (Rs)10 each, at an issue price of (Rs)[*] per equity share for cash, aggregating upto
(Rs)[*] crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.13 % respectively of the post-issue paid-up equity share capital of the company.
Price Band: (Rs)80 to (Rs)85 per equity share of face value of (Rs)10 each.
The floor price is 8 times of tha face value of and tha cap price is
8.5 times of the face value.
Bid can be made for a minimum of 1600 equity share and in multiples of 1600 equity share thereafter.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Offer Price |
Application Money |
Allotment Money |
| 24-Jul-24 |
26-Jul-24 |
(₹ )80.00-85.00 |
(₹ )80.00-85.00 |
(₹ )0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
(₹ Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
43.20 |
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| Post Issue Equity Share Capital |
20.40 |
|
| Face Value |
10 |
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