KUBERAN GLOBAL EDU SOLUTIONS LIMITED – IPO [INITIAL PUBLIC OFFERING] Detail
About the KUBERAN GLOBAL EDU SOLUTIONS LIMITED
The Company was originally incorporated as “Kuberan Global Edu Solutions Limited” as Public Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated May 22, 2013 bearing Corporate Identity Number is U80900TZ2013PLC019519 issued by Registrar of Companies, Tamil Nadu Coimbatore.
Main Objects of our Company
The Main Objects clause of the Company as per the MoA is as under:
i) To carry on the business of education in India and/ or abroad, in all fields of finance, marketing , information technology, engineering, human resources, etc., by organising courses, operating training centers, online educational websites, running bureaus, publishing books magazines, notes and other materials in typed, cyclostyled, video, audio or any other forms/medias and to set up wide area and local network for educational and research purposes.
ii) To carry on the business to develop, design, buy, sell, distribute, import, export, alter, exchange, install, repair, research, service or otherwise deal in all kinds of computers, hardware’s, software’s, computer peripherals, data processing machine, and other educational software.
iii) To render organizational development services, establish and operate training centers (Data and Information centre and bureaus) and to render services to customers in India and elsewhere by processing their jobs at data processing centers.
iv) To carry out all these activities necessary for dissemination of knowledge/Literature in the field of finance and other subjects such as marketing information technology engineering human resources, mathematics, social sciences, pure sciences such as publishing, operating press, setting up database, CD/DVD/ROMS.
v) Offer vocational courses in Financial services and banking industry, information technology marketing, engineering, human resources etc by operating training centers and to provide certifications, Includes objectives, structure, training programs, sports and recreational facilities and contact management etc.
vi) To acquire businesses that is profitable to grow in organically in the field of education and others
Registered office and Corporate Office: 401, GES Complex, 1st Floor, 7th Street, Gandhipuram, Coimbatore, Tamil Nadu – 641012, India
Contact Person: Aditya Tripathi, Company Secretary and Compliance Officer
Tel No: 04224348001 | Email: firstname.lastname@example.org | Website: www.kgesltd.in
Promoters of KUBERAN GLOBAL EDU SOLUTIONS LIMITED
Summary of Restated Consolidated Financial Information
For the year/period ended (₹ in Lakhs)
|Profit After Tax||8.70||1.65||2.92||17.60|
KUBERAN GLOBAL EDU SOLUTIONS LIMITED – IPO Details
|Issue Open Date||20 Apr 2021|
|Issue Close Date||27 Apr 2021|
|Issue Type||Fixed Price|
|Face Value||₹ 10.00 per equity share|
|IPO/Issue Price||₹ 20 per equity share|
|Market Lot||6000 Shares|
|Min Order Quantity||6000 Shares|
|Listing At||BSE SME|
IPO/ Issue Time Line [Tentative]
Issue Open Date
Issue Close Date
Basis of Allotment Date
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date
Objects of the Issue/Offer
The Net Proceeds from the Issue are proposed to be utilised in the following manner:
1. Capital expenditure for Digitalizing Banking Course through online mode by using Information Technology
2. General Corporate Purposes.
The details of the proceeds of the issue are summarized in the table below:
|Particulars||Estimated Amount (Rs. In lakhs)|
|Gross proceeds from the issue||111.60|
|Less: Issue related expenses||21.00|
|Net proceeds of the issue||90.60|
Requirement of funds and utilization of Net Proceeds
|Sr. No.||Particulars||Estimated Amount (Rs. In lakhs)|
|1.||Capital expenditure for Digitalizing Banking Course through online mode by using Information Technology||65.35|
|2.||General Corporate Purposes||25.25|
When Kuberan Global Edu Solutions IPO [initial public offering] Will Open?
When Kuberan Global Edu Solutions IPO [initial public offering] Will Close?
What is Issue Price of Kuberan Global Edu Solutions IPO?
what is the face value of Kuberan global solutions?
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