Chetana Education SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Chetana Education IPO. Explore Chetana Education IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Chetana Education Limited is a content-based company specializing in educational book publishing and digital learning solutions for the K-12 segment in India. With a focus on the CBSE and Maharashtra State Board curricula, Chetana Education Limited has developed a robust portfolio of educational resources, including over 700 titles and 30,000 digital learning videos accessible through QR codes. The company’s extensive sales and distribution network spans 18 states and Union Territories in India, supported by strategic partnerships and a dedicated team.
Key Points:
- Educational Book Publishing:
- Focus on CBSE and Maharashtra State Board curricula.
- Covers pre-primary to higher secondary education.
- Portfolio includes over 700 titles across 15 brands.
- During Fiscal Year 2023, sold over 6 million books.
- Digital Learning Solutions:
- Over 30,000 educational videos accessible via QR codes.
- Enhanced learning experience through digital content, developed in partnership with Allern Enterprises Private Limited.
- Product Range:
- Pre-Primary: Titles under brands like Little Mee, Firefly Foundation, and Bright Buddies.
- Primary: Includes Series such as Ville, COSMOS, and Grade Me.
- Secondary: Titles include Course Book Series, Firefly QR, and MasterKey.
- Higher Secondary: Focus on MasterKey Science and Commerce, and MHT-CET.
- Distribution and Sales Network:
- Distribution across 18 states and Union Territories in India.
- Operates through over 500 distributors and dealers.
- Centrally located warehouse in Bhiwandi, with additional C&F facilities in Delhi and Karnataka.
- Extensive sales team of over 200 members.
- Production and Partnerships:
- Strategic partnerships with printers, binders, and content creators.
- Over 400 contractual authors contributing to content development.
- Asset-light model to maintain operational agility and cost efficiency.
Objects of the Issue
- Repayment of certain borrowing availed by the Company, in part or full
- To meet Working Capital requirements
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 24 Jul - 26 Jul 2024 |
| IPO Price Band | ₹ 80 - 85 per share |
| Fresh Issue | 54,00,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 45.90 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 24 Jul 2024 |
| IPO Closing Date | 26 Jul 2024 |
| Basis Of Allotment | 29 Jul 2024 |
| Refunds | 30 Jul 2024 |
| Demat Transfer | 30 Jul 2024 |
| IPO Listing Date | 31 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 32.71 | 43.12 | 75.61 | 93.67 |
| Total Expenses | 27.77 | 40.26 | 64.76 | 76.68 |
| Net Profit/Loss | 2.80 | 1.68 | 6.85 | 12.03 |
| NPM (*) | 8.61 | 3.90 | 9.07 | 12.87 |
| Total Assets | 68.25 | 76.06 | 83.15 | 94.75 |
| Total Liabilities | 47.34 | 56.58 | 60.33 | 69.51 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2022 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 1.87 | 1.12 | 4.57 | 8.02 |
| ROE (%) | 13.85 | 8.32 | 32.42 | 50.08 |
| ROCE (%) | 15.26 | 9.94 | 20.55 | 26.87 |
| D/E Ratio | 1.67 | 1.99 | 1.88 | 2.03 |
| Current Ratio | 1.42 | 1.48 | 1.52 | 1.53 |
| EBITDA MARGIN (%) | 27.02 | 14.06 | 18.35 | 22.56 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Chetana Education Limited | 93.51 | 10.60 | 8.02 | 47.67 | 16.83 |
| S Chand and Company Limited | 662.58 | 16.50 | 14.53 | 5.42 | 268.02 |
| Navneet Education Limited | 1,751.27 | 14.22 | 11.22 | 19.46 | 57.18 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 101.22 |
| Non-Institutional Investor (NII/HNI) | 468.42 |
| Retail Individual Investor (RII) | 135.11 |
| Total | 196.87 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- ANIL JAYANTILAL RAMBHIA
- RAKESH JAYANTILAL RAMBHIA
- SHILPA ANIL RAMBHIA
Lead Managers
- HEM SECURITIES LIMITED
Company Address
Chetana Education Limited
401, E-Wing, B & C Block, Trade Link, Kamala Mill, Delisle Road, Mumbai, Mumbai City, Maharashtra, India, 400013.
Phone: 91-22-6245 6000
Email: cs@chetanaeducation.com
Website: www.chetanaeducation.com
FAQs
- What is the issue size of the Chetana Education SME IPO?The Chetana Education SME IPO has an issue size of Approx ₹ 45.90 crore. This includes a fresh issue of 54,00,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Chetana Education IPO?The price band for the Chetana Education IPO is ₹ 80 - 85 per share.
- What are the bidding dates for the Chetana Education IPO?The Chetana Education IPO will open for bidding on 24 Jul 2024 and close on 26 Jul 2024.
- What is the allotment date for the Chetana Education IPO?The allotment date for the Chetana Education IPO is 29 Jul 2024.
- What is the listing date for the Chetana Education IPO?The listing date for the Chetana Education IPO is 31 Jul 2024.
- What is the Chetana Education IPO grey market premium?The grey market premium (GMP) for the Chetana Education IPO is currently at ₹25, with an expected listing gain of approximately 29.41%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.