Chetana Education IPO Subscription Status: 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 is an SME IPO and Listed on NSE SME. Chetana Education IPO Price Band is Fixed at ₹85 Equity Share. Chetana Education IPO Lot Size is 1600 Shares.
About Chetana Education IPO :
- Chetana Education 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.
Chetana Education IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
10,25,600
10,38,06,400
101.22
Non Institutional Buyers (NIIs)
7,69,600
36,04,92,800
468.42
Retail Individual Buyers (RIIs)
17,95,200
24,25,56,800
135.11
Anchor Investor
15,36,000
15,36,000
1
Market Maker
2,73,600
2,73,600
1
Total
35,90,400
70,68,56,000
196.87
Chetana Education Subscription Status day-by-day-
Categories
24 July
25 July
26 July
QIB
4.21
4.21
101.22
NII
1.96
11.10
468.42
RII
2.50
18.91
135.11
Total
2.87
13.04
196.87
Chetana Education Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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