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.

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

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of CL Educate Ltd IPO

Contact Information

Address

Plot No 9A Secto-27A,
Mathura Road,
Faridabad, Haryana 121003

CL Educate Ltd IPO Lead Manager

Kotak Mahindra Capital Company Ltd
Open Demat Account