Chetana Education IPO Allotment Status Online: Chetana Education IPO is Open on 24 July, 2024 and Close on 26 July, 2024. Chetana Education IPO to Raise 5,400,000 shares (Approx ₹45.90 Cr) via IPO. The Fresh Issue of 5,400,000 Shares (Approx ₹45.90 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Chetana Education IPO Basis of Allotment Status on 29 July, 2024. Chetana Education IPO Refund Date is 30 July 2024 and Chetana Education IPO Credit to Demat on 30 July 2024.
Also Read: Chetana Education IPO details, Date, Price, GMP, Review
Chetana Education IPO Allotment Link Online
Linktime
Linktime Allotment Link
Moneymintidea
IPO Allotment Status Link
About –
Chetana Education are a content-based company, specializing in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. Additionally, we provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes, backed by a comprehensive sales and distribution
network.
We currently focus on serving the Maharashtra State Board and Central Board of Secondary Education (CBSE), covering the spectrum of education books from early pre-primary learning to K-12 course. We have established a portfolio of over 700 titles as of 2023 with 15 distinct brands. Some of the names in our lineup include Master Key, Self-Study, Firefly, Bright Buddies, My Skill Book, Grade Me, QR series etc.
Apart from publishing books, we are also involved in developing a range of digital content for enhanced understanding of topics for students and aim to make the content more viable for a better learning experience. We have over the years produced over 30,000 videos that can be accessed via QR codes, which could help transform traditional content into digital
formats, facilitating the students for further self-studies post school and tutorials without any additional cost. This has been achieved through a strategic partnership with Allern Enterprises Private Limited, an Edtech company.
Chetana network encompasses numerous schools, coaching classes and booksellers, supported by collaborations with different vendors in printing, paper sourcing, binding,lamination and packaging. Partnerships with over 400 contractual authors contributing to the content creation for the company.
While we have strategically opted for partnerships with printers and binders in India, our decision to remain asset-light underscores our commitment to operational agility and cost optimization and absolute focus on content development for the education sector and effective sales and distribution.
QR Code enabled books are having these codes on the cover page of the Book, basis that the student can register for the videos. Once the User scans the QR Code it takes him/her to the video mapped for the question. These QR codes are sold with the books only and not sold separately.
