Everonn Education Ltd - IPO

Everonn Education Ltd IPO Details

Public issue of 35,71,430 equity shares of Rs. 10/- each for cash at a Price of Rs.140/- per share (including a share premium of Rs.130/- per Equity Share) aggregating Rs.50.00 Crores (hereinafter referred to as the issue). The issue would constitute 25.79 % of fully diluted post issue paid up capital of the company.Issue Price is Rs.140/- per equity share of face value Rs. 10/-Issue price is 14 times the face value

Objective of issue

Cap. Exp. for Instit. Educ. & IT Infra. Services. Cap. Exp for Virtual &Tech Enabled learning Sol.. Working Capital Requirements. Brand building exercise for the company. Funding the proposed Mergers & Acquisitions acti.. To Invest in Pros. Subs. to retail Educational aid.

Everonn Education Ltd Contact Details

Everonn Education Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - everonn@everonn.com

Website - www.everonn.com