Kuberan Global Edu IPO – Listing, Allotment, Subscription, GMP & DRHP
Last Updated Date: Aug 23, 2022Let’s have a detailed review of the company and analytics of the Kuberan Global Edu Solutions Limited IPO release date, IPO offer price, subscription, Kuberan Global Edu Solutions IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.
| Face Value | Rs 10 |
| Cash Price | Rs 20 |
| Listing At | BSE SME |
| Min. Order Quantity | 6000 Eq Shares |
| Listing Date | May 5, 2021 |
| Net Issue | Rs 105.60 Lakhs |
| IPO Size | Rs 111.60 Lakhs |
| Tick Size | 1 |
Kuberan Global Edu IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Summary of Kuberan Global Edu IPO
Kuberan Global Edu Solutions Limited provide services through classroom and online teaching which allow student to engage in self pace learning.
The Company deliver and support our education channels through digital features, including recorded video lectures and integrated test and assessment via Kuberan Global Edu Solutions App which include online assessment and test series.
Currently, their Company is engaged in TEST PREP segment including Banking courses, Master of Business Administration Entrance Exams, Staff Selection Commission (SSC), Life Insurance Corporation of India (LIC), Accounting and Professional Courses like Chartered Accountant (CA), Certified Management Accountant (CMA), Company Secretary (CS) and it is expanding to include various other TEST PREP courses under its belt.
The Promoter of this company is CHANDRAMOULEESWARAN KRISHNAN. The lead manager to the issue is FEDEX SECURITIES PRIVATE LIMITED*. The Registrar to this issue is BIGSHARE SERVICES PRIVATE LIMITED.
Kuberan Global Edu Solutions IPO Dates / Launch Date
The opening and the closing date of Kuberan Global Edu Solutions IPO is APRIL 20, 2021 to APRIL 27, 2021.
Kuberan Global Edu IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – Apr 20 | 0.20x | 0.30x | 0.25x |
| 2nd Day – Apr 21 | 0.20x | 0.30x | 0.25x |
| 3rd Day – Apr 22 | 0.68x | 1.39x | 1.03x |
| 4th Day – Apr 23 | 0.80x | 1.93x | 1.36x |
| 5th Day – Apr 24 | 0.80x | 1.93x | 1.36x |
| 6th Day – Apr 25 | 0.80x | 1.93x | 1.36x |
| 7th Day – Apr 26 | 1.14x | 3.14x | 2.14x |
| 8th Day – Apr 27 | 1.41x | 5.18x | 3.30x |
| Shares Offered or Net Issue | 264,000 | 264,000 | 528,000 |
The shares subscribed by the public will be updated here.
Kuberan Global Edu IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment status is not yet disclosed.
Kuberan Global Edu Solutions IPO Listing Date
Find the dates below on basis of allotment, refund, listing and more:
| Basis of Allotment Finalization | Apr 30, 2021 |
| Refunds Initiation | May 3, 2021 |
| Credit of Shares to Demat Account | May 4, 2021 |
| Share Listing Date | May 5, 2021 |
Kuberan Global Edu IPO Price Band / Cash Price
The face value of each share is Rs.10, and the cash price of the IPO is Rs 20.
Kuberan Global Edu IPO Size
This Initial Public Issue of 5,58,000* Equity Shares of Rs.10 each for cash at a price of Rs.20 per equity share aggregating to Rs.111.60 Lakhs.
Kuberan Global Edu IPO Share Offering
Fresh Issue: The Fresh Issue of 5,58,000 Equity Shares by their Company of Rs.10 each at a price of Rs.20 per equity share aggregating to Rs.111.60 lakh,
Net Offer: The Net Offer of up to 5,28,000 Equity Shares of Rs.10 each at price of Rs.20 per Equity Shares aggregating to Rs.105.60 lakhs
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Kuberan Global Edu IPO – Live Performance
The listing date of this IPO is May 5, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.
Kuberan Global Edu IPO Grey Market Premium
The Kuberan Global Edu IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Kuberan Global Edu Solutions Limited – Company Overview
Their Company provide services through online teaching and classroom which allows student to engage in self pace learning. They also offer short term courses and test series-based courses which have been designed specifically to provide education in simple and lucid manner.
Currently, their Company is engaged in TEST PREP segment and also provides custom Courses and has capabilities to provide customized training to the corporates, government and educational organizations. The company markets and Train students on various courses and has unique courses on wealth management and capital markets to the Investing community.
They deliver and support their education channels through digital features, including recorded video lectures and integrated test and assessment via Kuberan Global Edu Solutions App which include online assessment and test series.
Kuberan Global Edu Solutions – KUBERAN Class
Kuberan Class is a concept based on virtual classroom environment which replicates the model of a real classroom with the use of Information technology (i.e) by using the transmission of voice and multimedia content over Internet Protocol VoIP (voice over IP) and online web conferencing facilities in skype and Page 110 of 347 video conferencing chat rooms.
In a Kuberan Class, students interact with instructors online using audio and video conferencing facility. To ensure a smooth functioning of this model, a Kuberan Classes are equipped with computer systems, headphones and online web conference facilities to provide synchronous learning environment.
E-learning courses and digital classes are created by using various audio-visual IT Graphic tools, Animation, Information Technology editing and merging tools in the creation of digital course content.
Kuberan Global Edu Solutions – Class Provision
- Digital courses on wealth management by use of information technology through their web portal. user id and password is provided to students for logging into their Online web portal. Audio – Visual online Classes in English for wealth management courses is provided to the students and assessment for each session is available to access. The students are also provided with technical support through online chat and other Information Technology enabled services.
- For online mock tests for competitive exams user id and password are provided for logging into their Online web portal. The students will be able to write the mock test online and Test results and statistics are shown to the students by use of Information technology (Artificial Intelligence) based on the online test analytics provided by the web portal the student can improve in their Performance and ability.
- Kuberan class digital classes are created by using various audio-visual IT Graphic tools, Animation, Information Technology Editing and merging Tools in the creation of digital course contents.
Kuberan Global Edu Solutions – Technology Facilitated Learning
Further, to address technology enabled delivery platform for larger base of potential students, they have introduced KGES LTD an application (“App”) technology which is available for all Android devices. Students can download App from play store. This app includes
- Exam – Mock test, FAQ, Articles, Notification for most of common exam
- Quiz- Regular does of quiz activity to boost your Knowledge
- Knowledge zone- GK updates, current affair and general awareness related feeds in abundance on your mobile.
- Education Discussion- Discussion solution to your queries. Clear your doubt with others who download this app. Even students can share knowledge with others by giving answer to the questions asked by others.
Kuberan Global Edu Solutions Training and Preparation
Their Company has Training units in Coimbatore, Tuticorin, Surat, Udumalaipet. Their Company also has a corporate office in Coimbatore. The company has all the utility service attached with a High backup UPS.
Under the umbrella of their Company, They offer test prep courses for MBA, Banking, Insurance, SSC, LIC, Railway, Public Service Commission, CA, CMA & CS of Foundation Level among others. During the year ended March 31, 2019, they had 879 enrollments in their test prep courses (including 49 online enrollments through their website and 830 offline enrollments During the six months ended September 30,2019, they had 557 enrolment in their test prep courses (including 29 online enrolment through their website and 528 offline enrolments)
Kuberan Global Edu Solutions Ltd – Financial Statements
On the basis of Standalone statement:
| Amount (in INR & Lakhs) | ||||
| 31-Oct-20 | 31-Mar-20 | Mar-19 | 31-Mar-18 | |
| Total Assets | 175.19 | 156.19 | 163.93 | 123.32 |
| Total Revenue | 62.60 | 90.85 | 98.75 | 82.80 |
| Total Expense | 50.85 | 88.61 | 94.33 | 59.10 |
| Profit After Tax | 8.70 | 1.65 | 2.92 | 17.60 |
Earnings per Equity Share (in Lakhs)
| Amount (in INR & Lakhs) | |||
| 31-Mar-20 | Mar-19 | 31-Mar-18 | |
| Basic & Diluted before bonus | 0.11 | 0.36 | 2.63 |
From FY 2016-17 to FY 2018-2019, as per the Restated Financial Statements
- Their total revenue increased from Rs 82.80 Lakhs in Fiscal 2018 to Rs 98.75 Lakhs in Fiscal 2019. It has decrease total revenue from Rs 98.75 Lakhs in Fiscal 2019 to Rs 90.85 Lakhs in Fiscal 2020.
- PAT decrease from Rs 17.60 Lakhs in Fiscal 2018 to Rs 2.93 Lakhs in Fiscal 2019. Similarly, also their PAT decrease from Rs 2.93 Lakhs in Fiscal 2019 to Rs 1.65 Lakhs in Fiscal 2020.
Kuberan Global Edu IPO – Promoters
The Promoter of this company is:
- CHANDRAMOULEESWARAN KRISHNAN
List of Related Parties (Key Managerial Personnel)
- K. Palanivelammal, Krishnan C, Executive & Wholetime Director
- Vishnu Viswanathan, Chief Financial Officer
- Aditya Tripathi, Company Secretary and Compliance Officer
Kuberan Global Edu Solutions Limited: Business strategies
- Expanding Their Clientele Network by Geographic expansion
- Use of technology to extend their reach
- Upgrade their services in line with the student’s requirement
- Their horizon in terms of other varied services
- Upgrade the contents for the Online training Business
- Academy attention on Investment and financial Courses
Kuberan Global Edu IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | 5,58,000* Equity Shares, aggregating up to Rs.111.60 lakhs |
| Of which: | |
| Market Maker Reservation Portion | 30,000 Equity Shares, aggregating up to Rs.6.00 lakhs |
| Net Issue to the Public | 5,28,000 Equity Shares, aggregating up to Rs.105.60 lakhs |
| Of which: | |
| Retail Portion | 2,64,000 Equity Shares aggregating up to Rs.52.80 lakhs |
| Non – Institutional Portion | 2,64,000 Equity Shares aggregating up to Rs.52.80 lakhs |
| Equity Shares outstanding prior to the Issue | 15,08,536 Equity Shares |
| Equity Shares outstanding after the Issue | 21,06,536 Equity Shares |
Kuberan Global Edu Solutions IPO Issue Object
Their Company proposes to utilize the funds which are being raised through this Issue towards the below mentioned objects and gain benefits of listing on STARTUPS Platform of BSE.
The object of the Issue are :
1. Capital expenditure for Digitalizing Banking Course through online mode by using Information Technology
2. General Corporate Purposes
Kuberan Global Edu Solutions Limited: Competitive Strength
- Professionally qualified, experienced and entrepreneurial management team.
- Domain expertise and technical excellence
- Comprehensive range of service
- Quality and experienced Faculty
- Continue develop new course content with market scenario
- Result oriented method of coaching
- Offering courses through both online and offline mode
Kuberan Global Edu IPO – Basis of the Offer Price
The Offer Price has been determined by their Company and the Selling Shareholder in consultation with the Lead Managers on the basis of the key business strengths.
Qualitative factors are:
- Professionally, qualified, experienced Management Team
- Domain Expertise and Technical excellence; and
- Comprehensive range of service issuing
Kuberan Global Edu IPO – Quantitative Factors
| Basic & Diluted EPS Before Bonus | RONW in % | NAV (Rs.) | |
| 31-Mar-18 | 2.63 | 19.51% | – |
| 31-Mar-19 | 0.36 | 1.92% | – |
| *31-Mar-20 | 0.11 | 1.08% | 10.13 |
Kuberan Global Edu Solutions Limited: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | NAV per share (Rs.) | |
| Kuberan Global Edu Solutions Limited | 10 | 182.60 | 0.11 | 1.08% | 10.13 |
| Listed Peers | |||||
| Career Point Limited (Previously known as Career Point Infosystem Limited) | 10 | 24.55 | 5.59 | 4.04% | 223.80 |
| CL Educate Limited | 10 | NA | (37.54) | (17.87%) | 209.85 |
Kuberan Global Edu IPO Lead Managers
| Lead Managers |
| FEDEX SECURITIES PRIVATE LIMITED* (Formerly known as Fedex Securities Limited) B7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle (East), Mumbai- 400099, Maharashtra, India Tel No.: +91 81049 85249 E-mail: mb@fedsec.in Website: www.fedsec.in Contact Person: Rinkesh Saraiya SEBI Registration Number: INM000010163 Investor Grievance E-mail: mb@fedsec.in |
Kuberan Global Edu Solutions IPO Registrar to Offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai-400059 Tel No.: 022 62638200 Email Id: ipo@bigshareonline.com Website: www.bigshareonline.com SEBI Registration No: INR00001385 Contact Person: Babu Raphael Investor Grievance E-mail: investor@bigshareonline.com |
Kuberan Global Edu – Other Details
- Statutory Auditor – CA K. Sekar
- Legal Counsel to the Company – Maulin Marfatia
- Bankers to the Company – Axis Bank Limited
Kuberan Global Edu IPO Review by Top 10 Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Kuberan Global Edu IPO News
News 1 – Kuberan Global Edu Solutions IPO [Download DRHP Prospectus]
News 2 – Kuberan Global Edu Solutions IPO [Download RHP]
Kuberan Global Edu IPO Review FAQs
Ques – What is the Issue Size of Kuberan Global Edu IPO?
Answer – The Company is making an initial public offer of 5,58,000 equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on fresh issue, Offer for sale, and the net issue.
Ques – What is the Cash Price of Kuberan Global Edu IPO?
Answer – The Cash Price for this particular IPO, i.e. Kuberan Global Edu IPO is Rs 20. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Kuberan Global Edu IPO Open Date?
Answer – The opening and closing date for Kuberan Global Edu IPO have been updated. The IPO is set to open on APRIL 20, 2021, while the closing date is set at APRIL 27, 2021.
Ques – What is the Kuberan Global Edu IPO Allotment Date?
Answer – We also have the news regarding the respective allotment dates of Kuberan Global Edu IPO. Basis of Allotment finalization is on Apr 30, 2021, refund initiation is on May 3, 2021, credit of shares is on May 4, 2021 and share listing date is on May 5, 2021.
Ques – What is the Kuberan Global Edu IPO Listing Date?
Answer – Shares of Kuberan Global Edu shall be listed in the exchanges May 5, 2021. Date when the listing would be done is stagnant on May 5, 2021.
Ques – Who is the Registrar of Kuberan Global Edu IPO?
Answer – One of the reputed registrars are managing the issue of Kuberan Global Edu IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on a lookout for.
Ques – Who is the Promoter of Kuberan Global Edu IPO?
Answer – Here are the promoters of Kuberan Global Edu – CHANDRAMOULEESWARAN KRISHNAN. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is GMP of Kuberan Global Edu IPO?
Answer – We have obtained the GMP of Kuberan Global Edu IPO and it is NA. The further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Kuberan Global Edu IPO good for Investment?
Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Kuberan Global Edu Company?
Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Lakhs is Rs 1.65, 2019 is Rs 2.93, 2018 is Rs 17.60.
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