CL Educate Ltd IPO Message Board (Page 24)

Can anyone tell me the gmp of this ipo .is it better to sell application or should we wait for listing gains

There wont be any listing gains.

Overall CL Educate IPO price and industry in which it operates does not appear to be attractive.

CL Educate gets Rs72 crore from anchor investors, ahead of IPO

Wht is application rate??
Wht is GMP??

I will apply for one lot it''s my correct design or not

@priti

Except mt edu market price of both peer co are at double pe in case of cl edu

is CL educate going to list in "T" group ?

What is PE

CL Educate

IPO – Schedule (Page #506 of RHP)

17th March – Anchor Investors
20th March – Offer Opens
22nd March – Offer Closes
28th March – Bank Holiday for Gudi Padwa
29th March – Finalisation of Basis of Allotment
29th March – Unblocking of ASBA
30th March – Credit to Demat Accounts
31st March – Listing on NSE & BSE


Issue Information:

Issue Opens on: 20 March 2017
Issue Closes on: 22 March 2017
Issue Type: Book Built Issue IPO
Issue Size: 4,760,000 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.500 – Rs.502 per Equity Share
Market Lot: 29 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 119,83,159 Equity Shares
Fresh Issue of 2,180,119 Equity Shares @502/- aggregating up to Rs.109.442 Crores
Offer for Sale of 2,579,881 Equity Shares @502/- aggregating up to Rs.129.510 Crores
Equity Shares outstanding after the Issue = 14,163,378 Equity Shares

Category-wise Break up:
Anchor – 1,428,000 Shares = 71.69Crs.
Net QIB – 952,000 Shares = 47.79Crs
NII – 714,000 Shares = 35.84Crs
RII – 1,666,000 Shares (57,448 Forms) = 83.63Crs. (Lot size = 29)

Total Issue – 4,760,000 Equity Shares = 238.95Crs.

Subscription required for 1X
RII = 57,448 Forms
NII = 35.84 Crs

Interest cost @7%p.a. for 7days = 67.40paise for 1X


Financial Information (Basis of Valuation):

EPS for FY13-14 >>> Rs.15.78 (Page #103 of RHP)
EPS for FY14-15 >>> Rs.19.53 (Page #103 of RHP)
EPS for FY15-16 >>> Rs.18.26 (Page #103 of RHP)
EPS for H116-17 >>> Rs.10.74 (Not Annualized)

If, Issue Price = 502 & GMP = xx/- … Then Costing = 502 … & PE = 23.37 (trailing)

RoNW for FY13-14 >>> 10.24% (Page #104 of RHP)
RoNW for FY14-15 >>> 10.14% (Page #104 of RHP)
RoNW for FY15-16 >>> 08.95% (Page #104 of RHP)
RoNW for H116-17 >>> 05.05% (Not Annualized)

NAV as on September 30, 2016 was Rs.214.27 (Page #105 of RHP)

Peer Group (Page #106 of RHP):
MT Educare Limited / TeamLease Services Limited / Zee Learn Limited

Pls advise for listing gain in this ipo apply or not

I think CL Educate Ipo "T" group so not start gmp yet..and high price band another resons..

at that time Eagleye call very important apply or not this Ipo..

CL educate m APPLY KARNA H KYA

Price are much higher....Pls suggest whether to apply.....

Avoid

hii
bhai
gmp nahi discount pata karo bhaiiiii...

I will apply for one lot. there will be demand for education services due implementation of NEET for medical and engineering... however, this is not for a long term...

CL EDUCATE IPO WHAT IS GMP ?

GMP नही DISCOUNT पता करो

@Eagleye are you applying in CL Educate IPO???
Please reply....

Cl ko sme me issue lana chaiyhe tha

Cl ko sme me issue lana chaiyhe tha

Cl educate fraud company lalchi promoter aukat150 ki mang rahe h 500

CL Educate ka IPO to 2014 me aane wala tha...itni deri q?

Guys please avoid this ipo. Its taking advantage of bull run.

if you check if its management are not confident of its future and defintiely at some point it will be ruling at 50 pc discount.

fair value is not more than 220 rs, stay away from this crap

I fully agree with you. At this price it is a clear ''avoid''

Laxmi Cotspin Limited IPO
Please give me suggestion about it… what can I do..?

Applicable or not?