Global Education Ltd IPO

Closed

Subscription Details

  • Open Date 16 Feb
  • Close Date 21 Feb
  • Lot Size 1000
  • IPO Size ₹ 10.25 Cr
  • IPO Price Range ₹ 150
  • Min Investment ₹ 150000

Global Education Ltd IPO Timeline

Open Date
16 Feb
Close Date
21 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 6,83,000 equity shares of a face value of Rs. 10 each (the equity shares) of Global Education Limited (GEL or The Company) for cash at a price of Rs. 150 per share (The Issue Price), aggregating to Rs. 10.25 crores (The Issue), of which, 35,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 6,48,000 equity shares of Rs. 150 each is hereinafter referred to as the net issue aggregating up to Rs. 9.72 crores (The Issue). The issue and the net issue will constitute 27.51% and 26.10%, respectively of the post issue paid-up equity share capital of the company. Issue Price: Rs.150 per equity share of face value of Rs.10 each. The Issue price is 15 times of the face value.

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 Global Education Ltd IPO

Contact Information

Address

Off No 112 1st Flr Opera House,
Panchratna CHSL MPMarg Girgao,
Mumbai, Maharashtra 400004

Global Education Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account