Exchanges
BSE, NSE
Industry
Education
Issue
Book building

CL Educate IPO

₹422.10

−15.92% on listing

Listing-day close · NSE · 31 Mar 2017 · issue price ₹502

CL Educate’s ₹239 crore IPO was priced at ₹502 a share. It listed on the NSE on 31 Mar 2017 and closed its first day at ₹422.10, down 15.92% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹239 Cr
Fresh issue
₹109 Cr
Offer for sale
₹130 Cr
Lot size
29 shares
Minimum investment
₹14,558
Face value
₹10
Registrar
Kfin Technologies

Subscription

CL Educate IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.67×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹711 Cr
Promoter holding
64.72% → 47.88%

From the offer documents.

Listing

Listing date
31 Mar 2017
Issue price
₹502
Open
₹402.00
High
₹422.10
Low
₹402.00
Close
₹422.10

Listing day on the NSE. The close was −15.92% on the issue price.

CLEDUCATE share price today

FAQs

When did the CL Educate IPO open and close?

It opened on 20 Mar 2017 and closed on 22 Mar 2017.

What was the CL Educate IPO price?

The price band was ₹500–502 a share. The final issue price was ₹502.

What is the lot size and minimum investment?

One lot is 29 shares, ₹14,558 at ₹502 a share. Retail investors apply in whole lots.

How much did CL Educate raise?

₹239 crore: ₹109 crore of new shares and ₹130 crore offered by existing shareholders.

How many times was the CL Educate IPO subscribed?

1.67 times overall.

How did CL Educate list?

It listed on the NSE on 31 Mar 2017 at ₹402.00 and closed the day at ₹422.10, down 15.92% on the ₹502 issue price.

Who is the registrar of the CL Educate IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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