Business Standard

G-Tec Janix Education Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

4.06 cr

Price Range (₹)

52

Lot Size

2000

Min Investment (₹)

1,04,000.00

Listing Exchange

NSE - SME

Open Date

24-Jul-2017

Close Date

28-Jul-2017

Listing Date

07-Aug-2017

G-Tec Janix Education Ltd News

    The Shares of G-Tec Janix Education Ltd have now been listed.

    G-Tec Janix Education Ltd IPO Details

    Public issue of 7,80,000 equity shares of face value of Rs. 10 each (equity shares) of Keerti Knowledge and Skills Limited (the company or the issuer) for cash at a price of Rs. 52 per equity share, including a share premium of Rs. 42 per equity share (the issue price), aggregating Rs. 4.06 Crores (the issue), of which 40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 52 per equity share, aggregating Rs. 0.21 Crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 7,40,000 quity shares of face value of Rs.10 each cash at a price of Rs. 52 per equity share, aggregating Rs. 3.85 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.02% and 25.63% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 52/- i.e. 5.20 times of the face value of the equity shares.

    Objective of issue

    To expand company owened & company operated (COCO) centers through the wholly owened subsidiaries i.e. KIIPL & KTIPL. To develop E-Applications & E Programs. Developing an end to end software/portal for Recruitment, Training & Placement. General corporate purposes.

    G-Tec Janix Education Ltd Contact Details

    G-Tec Janix Education Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - support@keerti.org

    Website - www.keerti.org