Kuberan Global Edu Solutions Ltd IPO

Closed

IPO Subscription Details

  • Open Date 20 Apr
  • Close Date 27 Apr
  • Lot Size 6000
  • IPO Size ₹ 1.12 Cr
  • IPO Price Range ₹ 20
  • Min Investment ₹ 120000

IPO Synopsis

Public Issue of 5,58,000* equity shares of face value of Rs. 10 each of Kuberan Global Edu Solutions Limited (KGESL or the company or the issuer) for cash at a price of Rs.20 per equity share including a share premium of Rs. 10 per equity share (The Issue Price) aggregating to Rs. 1.12 Crores (The Issue), of which 30,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 20 per equity share including a share premium of Rs. 10 per equity share aggregating to Rs. 0.06 Crores 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. Net issue of 5,28,000 equity shares of face value of Rs. 10 each at a price of Rs. 20 per equity share aggregating to Rs. 1.06 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.49% and 25.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and The Issue Price of Rs. 20/-. The Issue Price is 2.00 times of 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 Kuberan Global Edu Solutions Ltd IPO

Contact Information

Address

401 GES Complex 1st Floor,
7th Street Gandhipuram,
Coimbatore, Tamil Nadu 641012

Kuberan Global Edu Solutions Ltd IPO Lead Manager

Fedex Securities Pvt Ltd