Siddharth Education Services Ltd IPO
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:
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Siddharth Education Services financial performance (in INR crore) |
||||||
|
FY2013 |
FY2014 |
FY2015 |
FY2016 |
FY2017 |
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|
Total Assets |
4.5 |
9.3 |
9.07 |
12.08 |
14.23 |
|
|
Total revenue |
1.86 |
2.64 |
1.89 |
3.31 |
4.37 |
|
|
Total expenses |
1.67 |
2.75 |
2.55 |
2.80 |
3.63 |
|
|
Profit after tax |
.13 |
-0.0038 |
-0.30 |
0.64 |
.96 |
|
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
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Issue Size:
Rs 10.88 Cr
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