Bookbuilding IPO | ₹50 Cr | Listed at BSE, NSE | Mon, Dec 19, 2005 - Thu, Dec 22, 2005
Educomp Solutions IPO is a book build issue of ₹50.00 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹50.00 crore.
Educomp Solutions IPO bidding started from Dec 19, 2005 and ended on Dec 22, 2005. The shares got listed on NSE and BSE on Jan 13, 2006.
Educomp Solutions IPO is set final issue price at ₹125 per share.
SBI Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Educomp Solutions IPO RHP for detailed Information.
IPO Open
Mon, Dec 19, 2005
IPO Close
Thu, Dec 22, 2005
Issue Price
₹125 per share
Market Cap (Pre-IPO)
₹199.50 Cr
| IPO Date | 19 to 22 Dec, 2005 |
| Listed on | Fri, Jan 13, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹110 to ₹125 |
| Issue Price | ₹125 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 40,00,000 shares (agg. up to ₹50 Cr) |
| Fresh Issue | 40,00,000 shares (agg. up to ₹50 Cr) |
| Share Holding Pre Issue | 1,19,59,783 shares |
| Share Holding Post Issue | 1,59,59,783 shares |
| BSE Script Code / NSE Symbol | 532696 / EDUCOMP |
| ISIN | INE216H01027 |
Educomp Solutions IPO comprises a total issue size of 40,00,000 shares. Out of which, 20,00,000 (50.00%) are allocated to QIB, 6,00,000 (15.00%) allocated to NII 14,00,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 20,00,000 | 50.00% |
| NII (HNI) Shares Offered | 6,00,000 | 15.00% |
| Retail Shares Offered | 14,00,000 | 35.00% |
| Total Shares Offered | 40,00,000 | 100.00% |
Incorporated in 1994, Educomp Solutions Ltd. is an education-focused technology provider engaged in developing digital learning content and delivering technology-enabled solutions for schools and educational institutions. It operates primarily in the EdTech sector, offering products and services that support classroom teaching, institutional management, and skill development.
The company’s core offering includes the “Smart_Class™” program, which uses information technology to enhance classroom learning through digital content. It also provides education infrastructure solutions for setting up and managing computer education programs in schools.
In addition, the company offers training programs for teachers, students, and parents aimed at overall development and skill enhancement. It also delivers institutional technology solutions through its ERP platform “e-campus,” which supports administrative and academic management functions.
The company operates across four key business segments: Smart_Class™, Education Infrastructure Projects, Professional Development, and Retail. Its retail segment includes trading of educational CD-ROMs and toys. The company employs approximately 850 professionals.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 24.33 | 25.18 | 17.00 |
| Total Income | 24.20 | 23.40 | 17.07 |
| Profit After Tax | 0.81 | 6.33 | 1.89 |
| NET Worth | 24.20 | 23.40 | 17.07 |
| Reserves and Surplus | 19.73 | 18.92 | 12.59 |
| 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 Smart_ClassTM project | 15.93 |
| 2 | Capital expenditure for Turnkey Projects executed by the company under the BOOT model | 30.83 |
| 3 | Capital expenditure for content development facility in Bangalore India for US Smart_ClassTM program | 10.98 |
| 4 | Capital expenditure for facility for Online Tutoring project in Delhi and Bangalore | 1.66 |
| 5 | Investment in US Subsidiary | 8.05 |
| 6 | M & A activity | 10.00 |
| 7 | Issue expenses | |
| Total | 77.45 |
| KPI | Jun 30, 2005 | Mar 31, 2005 |
|---|---|---|
| RoNW | 31.28% | |
| Price to Book Value | 2.31 | 2.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.29 | 1.01 |
| P/E (x) | 23.62 | 123.34 |
| Promoter Holding | 86.6% | 64.9% |
| Market Cap | ₹199.50 Cr. |
The Educomp Solutions IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 33.85 | 40,00,000 | 13,53,99,577 | |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹125.00 | ₹125.00 |
| Open | ₹155.00 | ₹185.30 |
| Low | ₹155.00 | ₹185.30 |
| High | ₹300.00 | ₹314.90 |
| Last Trade | ₹284.05 | ₹285.35 |
Lead Manager Reports
Educomp Solutions IPO is a main-board IPO of 40,00,000 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹125 per share. The minimum order quantity is .
The IPO opens on Mon, Dec 19, 2005, and closes on Thu, Dec 22, 2005.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Educomp Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Educomp Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Educomp Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Educomp Solutions IPO opens on Mon, Dec 19, 2005 and closes on Thu, Dec 22, 2005.
Educomp Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Educomp Solutions IPO 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 Educomp Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Educomp Solutions IPO allotment status.
The Educomp Solutions IPO listing date is on .
