Bookbuilding FPO | ₹35 Cr | Listed at BSE | Mon, Jan 11, 2010 - Wed, Jan 13, 2010
Birla Shloka Edutech FPO is a book build issue of ₹34.78 crores. The issue is entirely a fresh issue of 0.70 crore shares of ₹34.78 crore.
Birla Shloka Edutech FPO bidding started from Jan 11, 2010 and ended on Jan 13, 2010. The shares got listed on BSE on Jan 29, 2010.
Birla Shloka Edutech FPO price band is set at ₹50 per share. The lot size for an application is 120. The minimum amount of investment required by an retail is ₹6,000 (120 shares) (based on upper price). The lot size investment for sNII is 34 lots (4,080 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (20,040 shares), amounting to ₹10,02,000.
Ashika Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Birla Shloka Edutech FPO RHP for detailed Information.
FPO Open
Mon, Jan 11, 2010
FPO Close
Wed, Jan 13, 2010
Issue Price
₹50 per share
Market Cap (Pre-IPO)
₹64.77 Cr
| IPO Date | 11 to 13 Jan, 2010 |
| Listed on | Fri, Jan 29, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹45 to ₹50 |
| Issue Price | ₹50 per share |
| Lot Size | 120 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE |
| Total Issue Size | 69,55,000 shares (agg. up to ₹35 Cr) |
| Reserved for Private Promoter | 10,00,000 shares (agg. up to ₹5 Cr) |
| Fresh Issue | 59,55,000 shares (agg. up to ₹30 Cr) |
| Net Offered to Public | 59,55,000 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 59,98,600 shares |
| Share Holding Post Issue | 1,29,53,600 shares |
| BSE Script Code | 511607 |
| ISIN | INE814E01018 |
Birla Shloka Edutech FPO comprises a total issue size of 59,55,000 shares. The net offer to the public is 49,55,000 shares, after excluding 10,00,000 shares allotted on a firm basis. Of the Net offer 29,77,500 (50.00%) are allocated to QIB, 8,93,250 (15.00%) allocated to NII 20,84,250 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 29,77,500 | 50.00% | 50.00% | NA |
| NII (HNI) Shares Offered | 8,93,250 | 15.00% | 15.00% | NA |
| Retail Shares Offered | 20,84,250 | 35.00% | 35.00% | 17,368 |
| Firm Reservations | ||||
| Private Promoter Shares Offered | 10,00,000 | 16.79% | NA | |
| Total Shares Offered | 59,55,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 120 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹6,000 |
| Retail (Max) | 33 | 3,960 | ₹1,98,000 |
| S-HNI (Min) | 34 | 4,080 | ₹2,04,000 |
| S-HNI (Max) | 166 | 19,920 | ₹9,96,000 |
| B-HNI (Min) | 167 | 20,040 | ₹10,02,000 |
Incorporated in 1992, Birla Shloka Edutech Ltd is a Yash Birla Group Company in educational arena. Birla Shloka Edutech provides educational services through reliable, budget friendly and ethical approaches.
Birla Shloka Edutech Ltd. Presently provides end to end solutions in sales and services of various educational products to various educational institutes and government organisations.
The services provided by the company includes ICT and Multimedia in Private Schools, ICT solutions in government schools, Hardware, equipments and Software Product Sale.
The Equity Shares of the Company are presently listed on BSE, CSE and ASE and the shares issued through this FPO are proposed to be listed on all of these exchanges.
BSE Code: 511607
BSE Script ID: BIRSHLEDU
Current Price: 56.85 (07 Jan 09)
52 Weeks High: 90.30 (10 Sep 09)
52 Weeks Low: 19.05 (2 Feb 09)
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure for Turnkey Projects executed by the company under the BOOT model | 15.00 |
| 2 | Capital expenditure on upgradation of infrastructure and content development for XL@School | 9.50 |
| 3 | M&A activity | 4.50 |
| 4 | Working Capital requirements | 2.13 |
| 5 | Issue Expenses | 3.03 |
| 6 | Contingencies | 0.61 |
| KPI | |
|---|---|
| RoNW | 4.46% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 56.67% | 33.96% |
| Market Cap | ₹64.77 Cr. |
The Birla Shloka FPO is subscribed 1.43 times on January 13, 2010 5:00:00 PM (Day 3). The public issue subscribed 1.76 times in the retail category, 0 times in the QIB category, and 5.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0 | 33,08,335 | |
| NII | 5.45 | 9,92,500 | |
| Retail | 1.76 | 23,15,835 | |
| Total | 1.43 | 66,16,670 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees, Underwriting, Syndicate fee & Brokerage | 0.58 |
| 2 | Registrars fees including postage | 0.05 |
| 3 | Legal Advisor’s fees | 0.08 |
| 4 | Stock Exchange fees for providing bidding terminals | 0.13 |
| 5 | SEBI fees on filing of Offer Document | 0.01 |
| 6 | Printing & Distribution of Stationary | 0.11 |
| 7 | Advertisement and Marketing Expenses | 0.97 |
| 8 | Other Miscellaneous expenses (Auditors fees, Listing fees, etc.) | 0.12 |
| Total | 2.04 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹50.00 |
| Open | ₹49.00 |
| Low | ₹46.15 |
| High | ₹51.40 |
| Last Trade | ₹50.00 |
Lead Manager Reports
Birla Shloka Edutech FPO is a main-board FPO of 69,55,000 equity shares of the face value of ₹10 aggregating up to ₹35 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 120.
The FPO opens on Mon, Jan 11, 2010, and closes on Wed, Jan 13, 2010.
Bigshare Services Pvt.Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Birla Shloka Edutech FPO using UPI as a payment gateway. Zerodha customers can apply in Birla Shloka Edutech FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Birla Shloka Edutech FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Birla Shloka Edutech FPO opens on Mon, Jan 11, 2010 and closes on Wed, Jan 13, 2010.
Birla Shloka Edutech FPO lot size is 120, and the minimum amount required for application is ₹6,000.
You can apply in Birla Shloka Edutech FPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Birla Shloka Edutech FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Birla Shloka Edutech FPO allotment status.
The Birla Shloka Edutech FPO listing date is on Fri, Jan 29, 2010.
