Kuberan Global Edu Solutions Limited IPO Details

Kuberan Global Edu Solutions Limited IPO Details;

Kuberan Global Edu Solutions Limited IPO Details

Kuberan Global Edu Solutions Limited IPO Details: The Tamil Nadu-based company Kuberan Global Edu Solutions (KGES) offers services for the “TEST PREP” segment which includes Banking Courses, Business Administration Entry Master Courses, Staff Selection Commission (SSC), and Other Competitive Exams. 

The business follows Kuberan class (virtual learning concept) by using IT to teach online and in a class. In order to offer customers e-learning services, online web conferences, video conferences, voice over IP (internet protocol). It also offers individual training for the government, companies, and other educational establishments and offers specialized training in particular. Training units are located in Coimbatore, Tuticorin, Surat, Udumalaipet.

Kuberan Global Edu Solutions Limited IPO Details:

IPO Opening Date April 20th, 2021
IPO Closing Date April 27th, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹20 per equity share
Market Lot 6,000 Shares
Min Order Quantity 6,000 Shares
Listing At BSE, SME
Issue Size 5,58,000 Eq Shares of ₹10
(aggregating up to ₹1.12 Cr)

Kuberan Global Edu Solutions Limited IPO Details:

The Tamil Nadu-based company Kuberan Global Edu Solutions (KGES) offers services for the “TEST PREP” segment which includes Banking Courses, Business Administration Entry Master Courses, Staff Selection Commission (SSC), and Other Competitive Exams. However, the issue is going to be opened on the 20th of April 2021 and it will be closed on 27th April 2021. Hence, the face value is Rs. 10/- per equity share. But, the IPO price is Rs. ₹20/- per share. However, the minimum market lot is set at 6,000 shares per lot. Moreover, the minimum order quantity for buying is 6,000 shares. Further, the stock listing at BSE, SME. Similarly, the issue of Equity shares is Rs. 10/- aggregating up to Rs. ₹1.12 Crores.

Objects of the Issue:

    • Capital expenditure for Digitalizing Banking Course through online mode by using IT (Information Technology).
    • To meet general corporate purposes.

Prospectus Documents:

IPO DRHP

Company Contact Information:

Kuberan Global Edu Solutions Limited
401, GES Complex, 1st Floor, 7th Street,
Gandhipuram, Coimbatore–641012

Phone: +(91) (0422) 4348001
Email: investor@kgesltd.in
Website: http://www.kgesltd.in/

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