The Chetana Education IPO commenced on July 24, 2024, and concluded on July 26, 2024. The allotment of shares took place on July 29, 2024, and the initiation of refunds began on July 30, 2024. The shares were credited to the demat accounts of investors on July 30, 2024. Finally, the listing of Chetana Education on the stock exchange occurred on July 31, 2024.
The Chetana Education IPO was priced at ₹80 to ₹85 per share, with a lot size of 1600 shares. The total size of Chetana Education IPO is ₹45.90 crores out of which ₹45.90 crores is fresh issue. The IPO was listed on the NSE SME.
Chetana Education IPO Basic Details
| Company Name | Chetana Education Limited |
| Domain of Company | Education Sector |
| Chetana Education IPO GMP Today | ₹25 |
| Chetana Education IPO Listing Gain | 29.41% |
| Chetana Education IPO Open Date | July 24, 2024 |
| Chetana Education IPO Close Date | July 26, 2024 |
| Chetana Education IPO Allotment Date | July 29, 2024 |
| Chetana Education IPO Listing Date | July 31, 2024 |
| Face Value | ₹10 per share |
| Price | ₹80 to ₹85 per share |
| Lot Size | 1600 Shares |
| Issue Size | 5,400,000 shares (aggregating up to ₹45.90 Cr) |
| Fresh Issue | 5,400,000 shares (aggregating up to ₹45.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Chetana Education IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹25 | 29.41% | – | – |
| 26 July 2024 | ₹25 | 29.41% | – | – |
Chetana Education Limited IPO Details:
Established in 2017, Chetana Education Limited focuses on publishing textbooks for CBSE and State Board curriculums from K-12. They also offer educational software and videos for teachers and students, accessible through QR codes.
Serving Maharashtra and CBSE Boards, Chetana Education provides a complete range of textbooks from pre-primary to K-12. They have sold over 6 million books across all grade levels, working with more than 400 contract authors to create their content.
Chetana’s portfolio includes 700 titles (as of 2023), featuring 15 brands like Master Key, Self-Study, Firefly, Bright Buddies, My Skill Book, Grade Me, and QR Series. They offer digital content to enhance students’ understanding, producing over 30,000 videos accessible via QR codes through a partnership with Allern Enterprises Private Limited, an ed-tech company.
As of January 2024, Chetana Education has a strong distribution network with over 500 distributors and dealers, supported by a dedicated sales team across India.
By March 31, 2024, Chetana Education employed 408 people.
Chetana Education IPO More Details Click Here
Chetana Education IPO FAQs
When is Chetana Education IPO open?
Chetana Education IPO will open on 24 July 2024.
When is Chetana Education IPO Close?
Chetana Education IPO will be closed on 26 July 2024.
What is Chetana Education IPO GMP Today?
The Chetana Education IPO GMP aka Grey Market Premium is ₹25.
What is Chetana Education IPO Kostak Rates Today?
The Chetana Education IPO Kostak Rate is ₹000.
What is Chetana Education IPO Subject to Sauda Price Today?
The Chetana Education IPO subject to sauda rates is ₹000.
Chetana Education IPO Expected Returns?
The Chetana Education expected return is 29.41%.
How much will be the listing gain in Chetana Education IPO?
Chetana Education IPO will get listing gain of 29.41%. (Approx.)
