Kuberan Global Edu IPO – Listing, Allotment, Subscription, GMP & DRHP

 

Let’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.Stock Broker Complaints


Kuberan Global Edu Solutions IPO Review & Ratings

IPO Ratings & Review
CriteriaRatings
Industry Sentiments7.4/10
Industry Ranking7.1/10
Company Background8.2/10
Company Reputation7.7/10
Competitive Edge7.2/10
Financial Statements8.0/10
Popularity Index7.6/10
Promoters Reputation8.0/10
Retail Appetite7.5/10
Top Brokers Review8.1/10
Overall Ratings7.5/10
Star Ratings★★★★☆

Summary of Kuberan Global Edu IPO

Kuberan Global Edu IPOKuberan 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.

From FY 2016-17 to FY 2018-2019, as per the Restated Financial Statements

  • Their total revenue increased from Rs 17.21 Lakhs Fiscal 2017 to Rs 82.80 Lakhs in Fiscal 2018. It also increased total revenue from Rs 82.80 Lakhs in Fiscal 2018 to Rs 98.75 Lakhs in Fiscal 2019.
  • Their PAT increased from Rs (1.03) Lakhs in Fiscal 2017 to Rs 17.60 Lakhs in Fiscal 2018. However, their PAT decrease from Rs 17.60 Lakhs in Fiscal 2018 to Rs 2.93 Lakhs in Fiscal 2019.

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 not known yet.


Kuberan Global Edu IPO Subscription 

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day – 
3rd Day – 
4th Day – 
Shares Offered or Net Issue

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
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

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 [●]. 


Kuberan Global Edu IPO Size

This Initial Public Issue of 6,00,000* Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Lakhs.


Kuberan Global Edu IPO Share Offering

Fresh Issue: The Fresh Issue of 6,00,000 Equity Shares by their Company of Rs.10 each at a price of [●] per equity share aggregating to Rs.[●] lakh,

Net Offer: The Net Offer of up to [●] Equity Shares of Rs.10 each at price of Rs.[●] per Equity Shares aggregating to Rs.[●] lakhs


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 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 Solutions Ltd – Financial Statements

On the basis of Standalone statement:

Amount (in INR & Lakhs)
30-Sep-1931-Mar-19Mar-1831-Mar-17
Total Assets165.69163.93123.3269.58
Total Revenue55.8598.7582.8017.21
Total Expense45.1194.3359.1018.68
Profit After Tax7.972.9317.60(1.03)

Earnings per Equity Share (in Lakhs)

Amount (in INR & Lakhs)
30-Sep-19Mar-1931-Mar-1831-Mar-17
Basic & Diluted before bonus0.530.362.63(1.03)

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

Interest in promotion of the Company

Their Promoter is interested in their Company to the extent (i) that they have promoted their Company (ii) their directorship in their company (iii) to the extent of their shareholding and the shareholding of their relative(iv) the dividend receivable, if any and (v) other distributions in respect of the Equity Shares held by them.

Interests of Promoter in property of their Company

Their Promoter have no interest in any property acquired or proposed to be acquired by their Company within the three (3) years from the date of filing of this Draft Prospectus, or in any transaction by their Company for acquisition of land, construction of building or supply of machinery.


Kuberan Global Edu IPO Offer Details or Issue Details

Particulars No. Of Equity Shares
 Equity Shares OfferedUp to 6,00,000 Equity Shares, aggregating up to Rs.[●] lakhs
 Of which:
Market Maker Reservation Portion[●] Equity Shares, aggregating up to Rs.[●] lakhs
Net Issue to the PublicUp to [●] Equity Shares, aggregating up to Rs.[●] lakhs
Of which:
Retail PortionNot more than [●] Equity Shares
Non – Institutional Portion
Market Maker Reservation Portion [●] Equity Shares aggregating up to Rs.[●] lakhs
Net Offer to Public[●] Equity Shares aggregating up to Rs.[●] lakhs
 Equity Shares outstanding prior to the Issue15,08,536 Equity Shares
 Equity Shares outstanding after the Issue[●] 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 BonusRONW in %NAV (Rs.)
31-Mar-17(1.03)(13.19%)
31-Mar-182.6319.51%
*31-Mar-190.361.92%18.65
  • Price to Earnings (P/E) ratio in relation to Price band of Rs.[●] of Rs.10 per each
ParticularsP/E ratio
Highest21.07
Average12.89
Lowest4.70

Kuberan Global Edu Solutions Limited: Competitive Peers

Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)NAV per share (Rs.)
Kuberan Global Edu Solutions Limited10[●]0.361.92%18.67
Listed Peers
Career Point Limited (Previously known as Career Point Infosystem Limited)1021.075.592.57%217.67
CL Educate Limited104.706.922.78%248.51

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

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 ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
Angel Broking7.5/107.4/108.5/108.1/107.1/10
Sharekhan7.2/107.1/108.6/108.1/107.2/10
Kotak Securities7.3/107.5/108.4/108.1/107.3/10
ICICI Direct7.3/107.3/108.7/108.1/107.1/10
IIFL7.5/107.2/108.8/108.0/107.1/10
Edelweiss7.5/107.4/108.4/108.3/107.2/10
Zerodha7.4/107.1/108.5/108.1/107.0/10
5Paisa7.1/107.1/108.4/108.1/107.1/10
Karvy7.4/107.3/108.2/108.1/107.1/10
Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

Kuberan Global Edu IPO Grey Market Premium

The Kuberan Global Edu Solutions IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


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Kuberan Global Edu IPO News

News 1Kuberan Global Edu Solutions IPO  [Download DRHP Prospectus]


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