CL Educate Ltd IPO

Closed

Subscription Details

Open Date 20 Mar
Close Date 22 Mar
Lot Size 29
IPO Size ₹ 238.95 Cr
IPO Price Range ₹ 502
Min Investment ₹ 14558

CL Educate Ltd IPO Timeline

Open Date

20 Mar

Close Date

22 Mar

Basis of Allotment

Refunds

Credit to Demat Account

Listing Date

IPO Synopsis

Initial public offering of upto 4,760,000 equity shares of face value of Rs. 10 each (equity shares) of CL Educate Limited (CL Educate or the company or the issuer) for cash at a price of Rs. 502 per equity share (the offer price) aggregating to Rs. 238.95 crores (the offer). The offer comprises a fresh issue of 2,180,119 equity shares by the company (fresh issue) and an offer for sale of 2,579,881 equity shares by the selling shareholders, Including 974,000 equity shares by certain of the promoters and members of the promoter group (Offer for sale). The Offer shall consititute 33.61% of the post offer paid-up equity share capital of the company. Face value of the equity shares is Rs. 10 each and the offer price is Rs. 502 per equity share, which is 50.2 times the face value of the equity shares.

CL Educate Ltd IPO Financial Status

How to Apply for an IPO?

Login to your 5paisa account and select the issue in the current IPO section
Enter the number of lots and price at which you wish to apply for
Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive a mandate notification to block funds in your UPI app
You will receive a mandate notification to block funds in your UPI app