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Sylph Education IPO is a fixed price issue of Rs 4.80 crores.
Sylph Education IPO bidding started from February 10, 2016 and ended on February 15, 2016. The shares got listed on BSE SME on February 23, 2016.
Sylph Education IPO price is ₹12 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Corporate Strategic Allianz Ltd is the book running lead manager of the Sylph Education IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.
Refer to Sylph Education IPO RHP for detailed information.
IPO Date | February 10, 2016 to February 15, 2016 |
Listing Date | February 23, 2016 |
Face Value | ₹10 per share |
Price | ₹12 per share |
Lot Size | 10000 Shares |
Total Issue Size | 4,000,000 shares (aggregating up to ₹4.80 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 11,000,000 |
Share holding post issue | 15,000,000 |
Investors can bid for a minimum of 10000 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 | 10000 | ₹120,000 |
Retail (Max) | 1 | 10000 | ₹120,000 |
Lot Size Calculator |
Incorporated in 2010, Sylph Education Solutions (SES) is engaged in providing educational services in the field of information technology (I.T) which is comprises of providing basic IT training at two centers namely "Little Wonder", a primary school and "IT Gurus".
The company is tutoring basic computer knowledge, internet, surfing, computer courses like Microsoft office, accounting and financial management, inventory management, statutory capabilities, tally.net capabilities, accounting courses like tally, various computer languages i.e C++,.Net, Java and Oracle, communication and soft skills etc. Its revenue comprises of sale of software, skill development fees, services provided to school and interest income. However, at present company is not providing services to the school.
The object of the issue are to:
1. Set up two new centers for establishment of Projects for Skill Development;
2. General Corporate Purpose; and
3. To meet the issue expenses.
[Dilip Davda]
Considering track record of performance and aggressive pricing, there is no harm giving this expensive offer a miss.
Read detail review...Listing Date | February 23, 2016 |
BSE Script Code | 539682 |
NSE Symbol | |
ISIN | INE622Q01019 |
Final Issue Price | ₹12 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹12.00 |
₹11.70 |
₹11.40 |
₹11.70 |
₹11.40 |
Sylph Education Solutions Ltd
ST 4, 22 Press Complex,
A. B. Road,
Indore-452008
Phone: +91-731-2571451-52
Email: info@sylphedu.com
Website: http://www.sylphedu.com
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query
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Sylph Education IPO is a SME IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹4.80 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 10000 Shares.
The IPO opens on February 10, 2016, and closes on February 15, 2016.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Sylph Education IPO opens on February 10, 2016 and closes on February 15, 2016.
Sylph Education IPO lot size is 10000 Shares, and the minimum amount required is ₹120,000.
You can apply in Sylph 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 Sylph Education IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sylph Education IPO allotment status.
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