CL Educate IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 238.95 Cr. The company is based in New Delhi and caters to Education sector. Kotak Mahindra Capital Company is the merchant banker of CL Educate IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th March 2016.
CL Educate IPO open date is 20th March 2017 and close date is 22nd March 2017. IPO Allotment Date is 29th March 2017 and Listing date is 31st March 2017.CL Educate IPO size is ₹ 238.95 Cr. with IPO price of ₹ 502.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Kotak Mahindra Capital Company Limited is the book-running lead manager of the CL Educate IPO. Kfin Technologies Limited is the Registrar for CL Educate IPO.
CL Educate IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
CL Educate IPO, based in New Delhi, operates in the Education sector with a focus on education. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. CL Educate IPO size is ₹ 238.95 Cr. with fresh issue size of ₹ 239 and Offer for sale being ₹ Nil
The IPO allotment date for CL Educate IPO is expected to be 29th March 2017, after the finalization of basis of allotment. Investors can check CL Educate IPO allotment status on the registrars website, Kfin Technologies Limited . CL Educate IPO refund dates are 29th March 2017.
CL Educate IPO is expected to be listed on 31st March 2017.
The upper price band for the CL Educate IPO is set at ₹ 502.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on CL Educate IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the CL Educate IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd March 2017. After submission, funds are blocked until the basis of allotment of CL Educate IPO is finalised.
The merchant banker for CL Educate IPO is Kotak Mahindra Capital Company Limited . Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the CL Educate IPO RHP for further details.
The registrar for CL Educate IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to CL Educate IPO through their official website or helpline.
CL Educate IPO was subscribed 1.90 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
CL Educate IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on CL Educate Financial Review Page
Merchant Banker(s) of CL Educate IPO: Kotak Mahindra Capital Company Limited
CL Educate IPO subscription was 1.90 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
CL Educate IPO listed at a listing price of 417.90 against the offer price of 502.00.
The current market price of CL Educate is 95.55.
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