Keerti Knowledge & Skills IPO

Keerti Knowledge & Skills IPO

Keerti Knowledge & Skills IPO

KEERTI is one of the largest IT training institutes in Mumbai & Thane region that trains youth and students in multiple segments of Information Technology. The widespread network of its centers is committed to quality education, training and professional certifications that empower the students to meet the growing challenges of IT industry.

The company has expanded its business through its two subsidiary Companies i.e. Keerti Institute India Private Limited and Keerti Tutorials India Private Limited and the Company has vide Business Transfer Agreement dated 2nd April, 2015 has transferred its business of IT education sector which is on franchise basis to the Keerti Institute India Private Limited (KIIPL) for advancement and to rationalize the future growth of franchise business in IT education sector in future along with authorization of Maharashtra Knowledge Corporate Limited (MKCL)to conduct MKCL’s Courses. Thereafter, KIIPL entered into 90 afresh franchisees Agreements at various locations in Mumbai and Thane.

Promoters of Keerti Knowledge & Skills – Sudhakar P Sonawane

Keerti Knowledge & Skills IPO details

Subscription Dates 24 - 28 July 2017
IPO Price band INR52 per share
Fresh issue 780,000 shares (INR4.0 crore)
Offer for sale Nil
Total IPO size 780,000 shares (INR4.0 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform

Keerti Knowledge & Skills' standalone financial performance (in INR lakh)

FY2012 FY2013 FY2014 FY2015 FY2016 10M FY2017
Total revenue 218.6 184.7 190.4 214.6 64.1 100.4
Total expenses 178.6 142.0 147.4 163.5 40.9 69.1
Profit after tax 23.6 22.0 23.4 30.2 8.9 18.1

Keerti Knowledge & Skills Limited
65/2823, Ashadeep CHS Ltd., Gandhi Nagar,
Near MIG Cricket Club, Bandra (East)
Mumbai – 400051

Phone: +91 22 2655 0480
Email: [email protected]
Website: www.keerti.org

Day

Subscription (no. of times)

Day 1 0.61
Day 2 0.79
Day 3 0.96
Day 4 1.17
Day 5 1.81

 

Earnings Per Share (EPS): INR1.92

Price/Earnings (P/E) ratio: 27.15

Return on Net Worth (RONW): 5.3%

Net Asset Value (NAV): INR36.11 per share

Link Intime India Private Limited
C-101, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai – 400 083
Maharashtra, India

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Keerti Knowledge & Skills IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

You can also check your IPO allotment status from your mobile at
http://linkintime.co.in/ipo

IPO Opening Date: 24 July 2017

IPO Closing Date: 28 July 2017

Listing Date: 7 August 2017

Listing Price on NSE SME: INR51 per share (down 1.9% from IPO price)

Closing Price on NSE SME: INR52 per share (no change from IPO price)

Keerti Knowledge & Skills IPO
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5 thoughts on “Keerti Knowledge & Skills IPO

  • July 20, 2017 at 9:05 AM
    Permalink

    How to apply SME IPO thru HDFC ASBA? Pls guide

    Reply
  • July 15, 2017 at 4:41 PM
    Permalink

    Such small company and PE ratio of 27!!!

    Reply

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