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S Chand and Company IPO is a book built issue of Rs 728.56 crores. The issue is a combination of fresh issue of 0.49 crore shares aggregating to Rs 325.00 crores and offer for sale of 0.6 crore shares aggregating to Rs 403.56 crores.
S Chand and Company IPO bidding started from April 26, 2017 and ended on April 28, 2017. The allotment for S Chand and Company IPO was finalized on Thursday, May 4, 2017. The shares got listed on BSE, NSE on May 9, 2017.
S Chand and Company IPO price band is set at ₹660 to ₹670 per share. The minimum lot size for an application is 22 Shares. The minimum amount of investment required by retail investors is ₹14,740.
Axis Bank Limited, Credit Suisse Securities (India) Private Limited and Jm Financial Limited are the book running lead managers of the S Chand and Company IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to S Chand and Company IPO RHP for detailed information.
| IPO Date | April 26, 2017 to April 28, 2017 |
| Listing Date | May 9, 2017 |
| Face Value | ₹5 per share |
| Price Band | ₹660 to ₹670 per share |
| Lot Size | 22 Shares |
| Total Issue Size | 10,873,982 shares (aggregating up to ₹728.56 Cr) |
| Fresh Issue | 4,850,746 shares (aggregating up to ₹325.00 Cr) |
| Offer for Sale | 6,023,236 shares of ₹5 (aggregating up to ₹403.56 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 29,844,496 |
| Share holding post issue | 34,695,242 |
S Chand and Company IPO opens on April 26, 2017, and closes on April 28, 2017.
| IPO Open Date | Wednesday, April 26, 2017 |
| IPO Close Date | Friday, April 28, 2017 |
| Basis of Allotment | Thursday, May 4, 2017 |
| Initiation of Refunds | Friday, May 5, 2017 |
| Credit of Shares to Demat | Monday, May 8, 2017 |
| Listing Date | Tuesday, May 9, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 28, 2017 |
Investors can bid for a minimum of 22 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 | 22 | ₹14,740 |
| Retail (Max) | 13 | 286 | ₹191,620 |
| Lot Size Calculator | |||
Incorporated in 1970, S Chand And Company Limited operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments.
Company is involved in publishing, printing, sale, purchase, export, and import of various books and other literary work; agency ship and distribution of publishers for books and other literary work; selling of educational toys; and publishing books for children, schools, colleges, and universities, as well as digital content and interactive learning systems to schools and running pre-schools.
The company also provides digital data management services and digital content books to schools and colleges; solutions for higher education in colleges, universities, and technical institutes; and DTP printing, DTP jobs, page making, editing and proof reading, and cover designing services of books, journals, tabloids, magazines, bulletins, brochures, and periodicals in the form of hard copy, compact disks, and e-forms. S Chand And Company Ltd offers 53 consumer brands across knowledge products and services including S.chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor. The company also exports its printed and digital content to Asia, the Middle East, Africa, and internationally.
| Particulars | For the year/period ended (in Rs. Million) | |||||
|---|---|---|---|---|---|---|
| 31-Dec-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
| Total Assets | 7,431.94 | 6,854.89 | 5,315.98 | 4,242.82 | 3,988.05 | 2,076.88 |
| Total Revenue | 922.12 | 2,822.53 | 2,357.88 | 2,300.32 | 1,921.72 | 1,713.21 |
| Profit After Tax (PAT) | (300.39) | 164.80 | 76.85 | 108.62 | 71.65 | 88.53 |
The object of the issue are:
1. Repayment of loans availed by the Company and one of their Subsidiaries, EPHL, which were utilized towards funding the acquisition of Chhaya;
2. Repayment/prepayment in full or in part, of certain loans availed of by the Company and their Subsidiaries, VPHPL and NSHPL; and
3. General corporate purpose.
[Dilip Davda] Considering the pricing aspect and the seasonality of the business, risk savvy cash surplus investors may consider moderate investment for long term. (Other) Read detail review...
The S Chand and Company IPO is subscribed 59.49 times on April 28, 2017 5:00:00 PM. The public issue subscribed 6.07 times in the retail category, 44.27 times in the QIB category, and 204.65 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | May 9, 2017 |
| BSE Script Code | 540497 |
| NSE Symbol | SCHAND |
| ISIN | INE807K01035 |
| Final Issue Price | ₹670 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹670.00 |
| ₹707.00 |
| ₹658.00 |
| ₹707.00 |
| ₹675.85 |
| NSE |
|---|
| ₹670.00 |
| ₹700.00 |
| ₹658.20 |
| ₹700.00 |
| ₹676.00 |
S Chand and Company Ltd
Ravindra Mansion,
Ramnagar,
New Delhi 110055
Phone: +91 11 4973 1800
Email: investors @schandgroup.com
Website: http://www.schandgroup.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: schand.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
S Chand and Company IPO is a main-board IPO of 10,873,982 equity shares of the face value of ₹5 aggregating up to ₹728.56 Crores. The issue is priced at ₹660 to ₹670 per share. The minimum order quantity is 22 Shares.
The IPO opens on April 26, 2017, and closes on April 28, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The S Chand and Company IPO opens on April 26, 2017 and closes on April 28, 2017.
S Chand and Company IPO lot size is 22 Shares, and the minimum amount required is ₹14,740.
You can apply in S Chand and Company 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 S Chand and Company IPO will be done on Thursday, May 4, 2017, and the allotted shares will be credited to your demat account by Monday, May 8, 2017. Check the S Chand and Company IPO allotment status.
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