Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Jointeca Education IPO is a fixed price issue of Rs 5.35 crores.
Jointeca Education IPO bidding started from August 16, 2012 and ended on August 21, 2012. The shares got listed on BSE SME on September 4, 2012.
Jointeca Education IPO price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Ajcon Global Services Limited is the book running lead manager of the Jointeca Education IPO, while Beetal Financial & Computer Services (P) Limited is the registrar for the issue. The market maker for Jointeca Education IPO is Ajcon Global Services.
Refer to Jointeca Education IPO RHP for detailed information.
| IPO Date | August 16, 2012 to August 21, 2012 |
| Listing Date | September 4, 2012 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 3,568,700 shares (aggregating up to ₹5.35 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 6,431,300 |
| Share holding post issue | 10,000,000 |
| Market Maker portion | 504,000 shares Ajcon Global Services |
Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹120,000 |
| Retail (Max) | 1 | 8000 | ₹120,000 |
| Lot Size Calculator | |||
The promoters of the company are:
1. Mr. Vishal Mishra
2. Mrs. Laxmi Agrawal
3. Mr. Abhay Gautam
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 64.31% |
Incorporated in 2001, Jointeca Education Solutions Ltd is an ISO 9001:2008 certified company and provides a range of IT solutions for business in areas of Enterprise Application Solutions and Integrated IT Solutions. Jointeca Education Solutions Ltd's products as GuruSeva in education, Restro in restaurant and Prosav in investment field are designed according to the global market. Jointeca offers educational ERP solutions through its product GuruSeva and its business is concentrated mainly in the Northern Region of India.
JOINTECA Education Solutions Ltd has delivered successful Enterprises Application Solutions to high profile organizations in India and overseas. It includes CRM solutions and e-Commerce portals.
A comprehensive set of ERP Solutions in the field of publications, manufacturing and school management is the flagship product of the company to cater enterprises with large and medium business volumes. Jointeca Education Solutions Ltd seamlessly integrates all functions and processes of an enterprise to provide end-to-end integration and operate effectively.
| KPI | Values |
|---|---|
| RoNW | 0.61% |
The object of the issue are:
1. To expand product Guruseva (Educational ERP solution) under BOOT Model through cloud computing solutions;
2. To establish and expand infrastructure for B2B educational portal www.shiklo.in;
3. to meet the promotion and branding expenses for setting up robust sales network for products.
[Dilip Davda]
Only risks aver HNIs can dare to park their funds in this high cost offer for listing gains if any. Based on track record, the gain is negligible despite market making arrangements.
Read detail review...
| Listing Date | September 4, 2012 |
| BSE Script Code | 534659 |
| NSE Symbol | |
| ISIN | INE131N01018 |
| Final Issue Price | ₹15 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹15.00 |
| ₹15.20 |
| ₹15.00 |
| ₹15.25 |
| ₹15.00 |
Jointeca Education Solutions Ltd
1014, Bagh Bahadhur Chowki Colony,
Near SBI Crossing,
Mathura, Uttar Pradesh - 281001
Phone: 0565 6000801
Email: jes@beetalfinancial.com
Website: http://www.jointeca.com
Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: jes@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Jointeca Education IPO is a SME IPO of 3,568,700 equity shares of the face value of ₹10 aggregating up to ₹5.35 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.
The IPO opens on August 16, 2012, and closes on August 21, 2012.
Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Jointeca Education IPO opens on August 16, 2012 and closes on August 21, 2012.
Jointeca Education IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.
You can apply in Jointeca Education IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Jointeca Education IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jointeca Education IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
