S Chand & Company IPO – Schedule (Tentative – Revised)
25th April – Anchor Investors
26th April – Offer Opens
28th April – Offer Closes
01st May – Market Holiday for Maharashtra Day
03rd May – Finalisation of Basis of Allotment
04th May – Unblocking of ASBA
05th May – Credit to Demat Accounts
08th May – Listing on NSE & BSE
Issue Information: (Tentative)
Issue Opens on: 26 April 2017
Issue Closes on: 28 April 2017
Issue Type: Book Built Issue IPO
Issue Size: 1,05,00,847 Equity Shares
Face Value: Rs 5 per Equity Share
Issue Price: Rs.665 – Rs.670 per Equity Share
Market Lot: 22 shares
Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 2,98,44,496 Equity Shares
Fresh Issue of 44,77,611 Equity Shares @670/- aggregating up to Rs.3,000 million
Offer for Sale of 60,23,236 Equity Shares @670/- aggregating up to Rs. 4,036 million
Total Issue of 1,05,00,847 Equity Shares @670/- aggregating up to Rs.7,036 million
Equity Shares outstanding after the Issue = 3,43,22,107 Equity Shares
Category-wise Break up:
Anchor – 31,50,254 Shares = 211.07Crs.
Net QIB – 21,00,169 Shares = 140.71Crs
NII – 15,75,127 Shares = 105.53Crs
RII – 36,75,297 Shares = 246.24Crs. (Lot size: 22 = 167,059 Forms)
Total Issue – 1,05,00,847 Equity Shares = 703.56Crs.
Subscription required for 1X
RII = 167,059 Forms
NII = 105.53 Crs
Interest cost @7%p.a. for 7days = 8.995paise for 1X
S Chand & Company IPO:
Promoter of the Company: Mr. Dinesh Kumar Jhunjhnuwala & Mr. Himanshu Gupta
Financial Information (Basis of Valuation):
EPS for FY13-14 >>> Rs.16.60 (Page #114 of DRHP)
EPS for FY14-15 >>> Rs.10.52 (Page #114 of DRHP)
EPS for FY15-16 >>> Rs.17.09 (Page #114 of DRHP)
EPS for Q116-17 >>> Rs.(9.52) (not annualised)
RoNW for FY13-14 >>> 11.86% (Page #115 of DRHP)
RoNW for FY14-15 >>> 7.00% (Page #115 of DRHP)
RoNW for FY15-16 >>> 7.82% (Page #115 of DRHP)
RoNW for Q116-17 >>> (5.01)% (not annualised)
NAV as on June 30, 2016 was Rs.190.02 (Page #115 of DRHP)
Listed Industry Peer >>> Navneet Education Limited (Page #116 of DRHP)