Siddharth Education Services Ltd IPO

Add to Calendar 2017-09-29 12:00 AM 2017-10-05 12:00 AM Asia/Kolkata Siddharth Education Services Ltd IPO Siddharth Education Services Ltd India

Siddharth Education Services provides tutorial coaching services for students of professional courses. Currently they have 4 centres located at Thane, Dadar, Dombivli and Vashi. It is managed by a team of 22 faculty members. They also offer test series courses which have been systematically designed to provide education to students in simple manner.

Date of establishment: Siddharth Education Services Limited was incorporated in 1997

Product & Service Offering: Company provides tutorial services for company secretary, chartered accountancy, and cost and management accountancy, as well as CFA courses. 

Promoters of Siddharth Education Services ltd: Mr. Vinay Shantaram Bhagwat is the promoter of the Siddharth Education Services Limited.

Customer segment: They target students who wants to pursue professional courses

Objects of the Issue: The objects of the Offer is to:-
-     Establishment of new Coaching Centres
-     Acquisition of human resource training centres
-     Digital marketing and online training
-     To Finance General corporate expense

Company Financials:


Siddharth Education Services financial performance (in INR crore)







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Issue Detail

  • Issue Open: Sep 29, 2017
  • Issue Close: Oct 05, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 30 - Rs 35 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 10.88 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Sep 29, 2017IST 0 1,824,000 288,000 - - 2,112,000
Day 1 - Oct 03, 2017IST 0 2,044,000 376,000 - - 2,420,000
Day 2 - Oct 04, 2017IST 0 2,148,000 668,000 - - 2,816,000
Day 3 - Oct 05, 2017IST 0 2,744,000 1,236,000 - - 3,980,000

Listing Day Trading Information

Issue Price Rs 35.00 -
Open Rs 36.90 -
Low Rs 36.00 -
High Rs 42.00 -
Last Trade Rs 42.00 -
Volume 512,490 -

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