anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
CL Educate Ltd
Registered Office: Plot No 9A Secto-27A, Mathura Road, Faridabad - 121003, Haryana
Phone: 1
Email: 1
Website: 1
Initial public offering of upto 4,760,000 equity shares of face value of Rs. 10 each ("equity shares") of CL Educate Limited ("CL Educate" or "the company" or the "issuer") for cash at a price of Rs. 502 per equity share (the "offer price") aggregating to Rs. 238.95 crores (the "offer"). The offer comprises a fresh issue of 2,180,119 equity shares by the company ("fresh issue") and an offer for sale of 2,579,881 equity shares by the selling shareholders, Including 974,000 equity shares by certain of the promoters and members of the promoter group ("Offer for sale"). The Offer shall consititute 33.61% of the post offer paid-up equity share capital of the company. Face value of the equity shares is Rs. 10 each and the offer price is Rs. 502 per equity share, which is 50.2 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
20-Mar-2017 22-Mar-2017 502.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 101.06
Project Financed through Current Offer 238.95
Post Issue Equity Share Capital 14.16
Issue Price 502.00
Projects
Funding Working Capital requirement of the Company
Pre-payment of outstanding amount of a debt
Acquisitions and other strategic initiatives
General corporate purposes
Promoted By
Satya Narayanan R
R Gautam Puri
Nikhil Mahajan
BSE
NSE
Registrar to the Issue
Attention Investor
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