Cl Educate Ipo Share Price

Cl educate ipo share price

Cl educate ipo share price


CL Educate IPO

CL Educate is a diversified and integrated technology-enabled provider of education products, services, content and infrastructure, with a presence across the education value chain.

Since commencing operations in 1996, it has diversified operations across six business segments, spanning the education value chain:

  • Test preparation and training services, generally referred to as “test prep”, conducted under Career Launcher brand;
  • Publishing and content development, conducted under GK Publications brand;
  • Integrated business, marketing and sales services for corporates, conducted under Kestone brand, including event management, marketing support (including digital marketing support), customer engagement, managed manpower and training services;
  • Vocational training programs implemented under Government schemes in various States across India;
  • Integrated solutions to educational institutions and universities, including business advisory and outreach support services, under CL Media brand, as well as research incubation and support services conducted under the Accendere brand; and
  • K-12 schools operated under Indus World School brand.

Promoters of CL Educate: Satya Narayanan R, Gautam Puri, Nikhil Mahajan, R.

Shiva Kumar, Sreenivasan R, Sujit Bhattacharyya and Bilakes Consulting Private Limited

CL Educate IPO details
Subscription Dates20 – 22 March 2017
Price BandINR500 – 502 per share
Fresh issue2,180,119 shares (INR109.4 crore at upper end)
Offer For Sale2,579,881 shares (INR129.5 crore at upper end)
Total IPO size4,760,000 shares (INR238.9 crore at upper end)
Minimum bid (lot size)29 shares
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE


CL Educate’s consolidated financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY20166M FY2017
Total revenue102.1135.5124.7155.8173.889.4
Total expenses91.7125.2119.3146.1166.578.8
Profit after tax-

CL Educate Limited
A-41, Espire Building, Lower Ground Floor, Mohan Co-operative Industrial Area,
Main Mathura Road, New Delhi 110 044

Phone: +91 11 4128 1100
Fax: +91 11 4128 1110
Email:[email protected]

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
+91 40 2343 1551 
[email protected]

CL Educate IPO Subscription Details

CategoryShares offeredSubscription (No.

BQ WatchList: Bulk Deals, CL Educate IPO & More

of times, at 5 PM)

Day 1Day 2Day 3
QIB952,0001.04 1.96 3.65
NII714,0000.00 0.04 0.21
Retail 1,666,0000.13 0.401.54

CL Educate IPO allotment status is now available on Karvy Computershare’s website.

Click on this linkto get allotment status.

Cl educate ipo share price

You can also check allotment status using application number on this link.

IPO Opening Date: 20 March 2017

IPO Closing Date: 22 March 2017

Finalisation of Basis of Allotment: 29 March 2017

Initiation of refunds: 29 March 2017

Transfer of shares to demat accounts: 30 March 2017

Listing Date: 31 March 2017

Listing Price on NSE: INR402 per share (discount of 19.9% over IPO price)

Closing Price on NSE: INR422.1 per share (discount of 15.9% over IPO price)