The Chetana Education IPO Subscription Status started on July 24, 2024, and it is also being subscribed to by QIB, NII, and RII. The Chetana Education IPO opened on July 24, 2024, and closes on July 26, 2024. Chetana Education IPO is to raise ₹45.90 crores through its Fresh Issue and the Chetana Education IPO price band is fixed at ₹80 to ₹85 per share. You can check Chetana Education IPO GMP here.
Chetana Education Limited specializes in publishing textbooks for CBSE/State Board curriculum for the K-12 segment and educational software for educational videos for teachers and students accessible through QR (Quick Response) codes.
Chetana Education Limited is a content-based company, specializing in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. Additionally, we provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes, backed by a comprehensive sales and distribution network. You can check Chetana Education IPO Allotment Status here.
The company currently focuses on serving the Maharashtra State Board and Central Board of Secondary Education (CBSE), covering the spectrum of educational books from early pre-primary learning to K12 courses. During the Fiscal year 2023, we sold over 6 million books, covering students across different standards ranging from pre-primary, primary, secondary, and higher secondary levels.
Chetana Education IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Chetana Education IPO Subscription Status, you can see the below-day Subscription.
Chetana Education IPO Review :
👉 Chetana Education IPO Show Review ….👈
- ■ The company is engaged in educational book publishing and educational software.
- ■ The company top line strong & bottom line posted strong growth report.
- ■ The PE ratio of the company is very attarctive.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Chetana Education IPO Subscription Status {Live Update} :
The total Chetana Education IPO Subscription Status subscribed 196.87x times so far, with QIB subscribed 101.22x NII subscribed 468.42x times & RII 135.11x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 4.20x | 4.20x | 101.22x |
| NII : | 1.96x | 11.10x | 468.42x |
| RII : | 2.52x | 18.91x | 135.11x |
| Total : | 2.88x | 13.03x | 196.87x |
Chetana Education IPO Shares Offer :
Chetana Education IPO is a public issue of 5,400,000 equity shares. The issue offers 10,25,000 shares for QIB, 769,600 shares for non-institutional investors, and 17,95,200 shares for retail investors.
| Category | Reserve | Shares Offer | Amount |
|---|---|---|---|
| Anchor : | 28.44% | 1,536,000 | 13.06 |
| QIB : | 18.99% | 10,25,600 | 8.72 |
| NII : | 14.25% | 769,600 | 6.54 |
| RII : | 33.24% | 1,795,200 | 15.26 |
| MMRP : | 5.07% | 273,600 | 2.33 |
| Total : | 100% | 5,400,000 | 45.90 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Chetana Education IPO Subscription Status FAQs :
How much was the total Chetana Education IPO Subscription Status?
The total Chetana Education IPO Subscription Status is 196.87x times Day 3.
How much is the Chetana Education IPO retail subscription Status?
Chetana Education IPO Retail Subscription 135.11x times Day 3.
How much is the Chetana Education IPO QIB subscription Status?
The Chetana Education IPO QIB subscription is 101.22x times Day 3.
How much did Chetana Education IPO NII subscribe?
Chetana Education IPO NII Subscription 468.42x times Day 3.
When is the Chetana Education IPO Allotment Date?
Chetana Education’s IPO allotment date is July 29, 2024.
When is the Chetana Education IPO Listing Date?
Chetana Education’s IPO listing date is July 31, 2024. The IPO is to be listed on NSE, SME
How to Apply the Chetana Education IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Chetana Education IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Chetana Education IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Chetana Education IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Chetana Education IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Chetana Education IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Chetana Education IPO GMP: Click Here Chetana Education IPO Details: Click Here Chetana Education IPO Allotment: Click Here Chetana Education IPO Listing: Click Here |
All Chetana Education IPO-related links are available here. If you want to know the details then click on the Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.