Tree House IPO Latest News Today

Tree House Education IPO shares will list on Friday, August 26, 2011. Tree House raised capital through IPO of Rs. 113.83 crore from Aug 10, 2011 to Aug 12, 2011. Tree House IPO received good response and oversubscribed 1.85 times. Company fixed the price at Rs 135/- per share for QIB and HNI category and Rs. 129/- per share for Retail category.

Tree House IPO Listing Date

Listing Date: Friday, August 26, 2011
BSE Scrip Code: 533540
NSE Symbol: TREEHOUSE
Listing In: 'B' Group of Securities
ISIN: INE040M01013
Issue Price: Rs. 135/- for QIB and HNI and Rs. 129/- for Retail
Face Value: Rs. 10.00 Per Equity Share

Tree House Education IPO allotment status is now available online.

Tree House Education IPO was open on Aug 10, 2011 and closed on Aug 12, 2011. IPO was oversubscribed by 1.85 times (2.76 times in retail) on closing day.

Tree House Education & Accessories Ltd IPO finally subscribed 1.85 times on its closing day. Tree House Education IPO was open on Aug 10, 2011 and closed today on Aug 12, 2011 for subscription. Tree House Education has received bids for 1,32,75,960 shares as against issue size of 71,67,361 shares.

Subscription Detail for Day 3 (closing day)

Qualified Institutional Buyers (QIBs): 1.02 Times
Non Institutional Investors: 1.68 Times
Retail Individual Investors (RIIs): 2.76 Times

Total: 1.85 Times

Tree House IPO subscribed 0.44 times on its day 1. Tree House IPO opens today on August 10, 2011 and will close on August 12, 2011 for subscription. Tree House has received bids for 31,52,200 shares as against issue size of 71,67,361 shares.

Subscription Detail for Day 1

Qualified Institutional Buyers (QIBs): 0.50 Times
Non Institutional Investors: 0.06 Times
Retail Individual Investors (RIIs): 0.54 Times

Total: 0.44 Times

Tree House Education is entering in the capital markets with an initial public offering, IPO of 84,32,189 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 135/- at lower level and Rs 153/- at upper level. Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of 'Tree House' across 23 cities in India. The issue opens on Aug 10, 2011 and closes for subscription on Aug 12, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).