Global Education IPO

Global Education IPO

Global Education IPO

Global Education Ltd was established in year 2011 as the service provider for educational support and related activities. The company is engaged in providing professional training and skill developments to corporates, teachers and students for human capital development and other various business support services to education institutions, students, corporates and banks. Its clients primarily include universities, schools and colleges wherein it provides training to teachers, principals, students and parents.

Global Education provides training to college students which help them to enhance their technical, personality development and life skills i.e. thinking, social, emotional through visual medium and to professors wherein we provide induction and orientation program for new faculty and build excellence through management and leadership skills etc. The company also provides training to top and middle level managers, supervisors and executives of various corporates.

The company’s presence currently is in the state of Maharashtra, Madhya Pradesh and Tamil Nadu. Going forward, it intends to establish presence in other locations in the country.

Promoters of Global Education – Rishabh Sunil Surana and Mighty Overseas Private Limited

Global Education IPO details

Subscription Dates 16 - 21 February 2017
IPO Price band INR140 - 150 per share
Fresh issue 683,000 shares (INR9.56 - 10.24 crore)
Offer for sale Nil
Total IPO size 683,000 shares (INR9.56 - 10.24 crore)
Minimum bid (lot size) 1,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge (SME platform)


Global Education's financial performance (in INR crore)

FY2012 FY2013 FY2014 FY2015 FY2016
Total revenue


1.1 2.5 5.0


Total expenses


0.6 1.0 2.7


Profit after tax

-0.01 0.4 1.0 1.1




Subscription (no. of times)

Day 1  1.31
Day 2  5.17
Day 3  23.37
Day 4  82.25

Global Education Limited
Office No. 112, 1st Floor of Building “Panchratna CHSL”, M. P. Marg, Opera House, Girgaon,
Mumbai 400 004

Phone: +91 22 4924 2584
Email: [email protected]

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
[email protected]

Global Education IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.

IPO Opening Date: 16 February 2017

IPO Closing Date:  21 February 2017

Finalization of Basis of Allotment: 27 February 2017

Initiation of refunds:  27 February 2017

Credit of Equity Shares: 28 February 2017

Listing Date: 2 March 2017

Listing Price on NSE SME: INR180 per share (premium of 20% on IPO price)

Closing Price on NSE SME: INR180 per share (premium of 20% on IPO price)

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14 thoughts on “Global Education IPO

  • February 28, 2017 at 9:14 PM

    SME IPOs also getting oversubscribed now. I also got nothing in my application and this share will lock at upper circuit tomorrow

  • February 28, 2017 at 2:31 PM

    Allotment status available on bigshare site now. I got nothing

  • February 28, 2017 at 11:32 AM

    Still no update on big share site and no money deducted from my bank account

  • February 24, 2017 at 5:10 PM

    allotment date??????

      • February 27, 2017 at 3:21 PM

        where to check ?

        • February 27, 2017 at 6:23 PM

          Bigshare website is useless bro, you’ll know when the shares are in your demat account. I’ve not invested in this one but had similar experienecs in some of the big IPOs they have handled.

  • February 20, 2017 at 7:04 PM

    23 times subscription with one more day remaining! I applied 2000 shares lets see now

  • February 18, 2017 at 10:01 PM

    P/E ratio for 2015-16 is less than 10 but profits have jumped a lot in the last 6 months. Current PE ratio is actually less than 6, awesome! It will be a multibagger no doubt.

    • February 21, 2017 at 10:29 AM

      what will be the listing price in your view?

  • February 16, 2017 at 9:43 PM

    Hey can anyone address my problem??
    I cn view sme ipo through my icici bank but not through sbi/boi bank? Can any one lwt me knw how to applybthrough sbi or boi??

    • February 16, 2017 at 10:22 PM

      SBBJ was showing all three SME IPOs today under e-services. SBI must not be very different AFAIK

  • February 16, 2017 at 1:06 PM

    This looks best of these sme ipos to me. Good margins and good growth…


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