S Chand Ipo Review

S chand ipo review

S chand ipo review

S Chand IPO

S Chand is a leading Indian education content company in terms of revenue from operations in Fiscal 2016. The company delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments.

The company is the leading K-12 education content company in terms of revenue from operations in Fiscal 2016, according to Nielsen, with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India. S Chand offers 53 consumer brands across knowledge products and services including S.

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Chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor.

In December 2016, the company acquired 74% of the outstanding share capital of Chhaya Prakashani Private Limited and now offers four Chhaya brands including Chhaya and IPP. In Fiscal 2016, it sold 35.47 million copies of a total of 11,144 titles.

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Additionally, Chhaya sold 9.88 million copies of 433 titles in Fiscal 2016. S Chand’s top ten best-selling titles accounted for sales in Fiscal 2016 of 2.96 million copies, and 15 of its authors have each sold over one million copies of their titles during the last five fiscal years.

As of June 30, 2016, its distribution and sales network consisted of 4,907 distributors and dealers, and the company had an in-house sales team of 697 professionals working from 58 branches and marketing offices across India.

Chhaya Acquisition has expanded its presence in Eastern India to include an additional 746 distributors and dealers as of December 1, 2016.

Promoters of S Chand & Company: Dinesh Kumar Jhunjhnuwala, Neerja Jhunjhnuwala, Himanshu Gupta

S Chand IPO details
Subscription Dates26 – 28 April
Price BandINR660 – 670 per share
Fresh issueINR325 crore
Offer For Sale6,023,236 shares (INR403.5 crore)
Total IPO sizeINR728.5 crore (at upper price band)
Minimum bid (lot size)22 shares
Face Value INR5 per share
Retail Allocation35%
Listing OnNSE, BSE

 

S Chand’s consolidated financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY20163M FY2017
Total revenue174.6281.5370.9478.5540.634.9
Total expenses147.5221.7291.2374.5412.463.7
Profit after tax14.732.042.632.846.6-29.0

S Chand & Co.

S chand ipo review

Pvt Ltd
A-27, 2nd Floor, Mohan Cooperative Industrial Estate
New Delhi 110 044

Phone: +91 11 4973 1800
Fax: +91 11 2367 7446
Email:[email protected]
Website: www.schandgroup.com

Earnings Per Share (EPS): INR17.09

Price/Earnings (P/E) ratio: 39.2

Return on Net Worth (RONW): 7.82%

Net Asset Value (NAV): INR199.86 per share

Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai – 400 078
Maharashtra, India

Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: [email protected]
Website: http://www.linkintime.co.in

S Chand IPO Subscription Details

CategoryShares offeredSubscription (no.

of times, at 5 PM) 

Day 1Day 2Day 3
QIB22,11,5540.602.6844.26
NII 1,642,122 0.220.31204.64
Retail3,831,6180.592.235.48
Total7,685,2840.511.9559.20

S Chand IPO allotment status is now available on Link Intime’s website.

S chand ipo review

Click on this link to get allotment status.

IPO Opening Date: 26 April 2017

IPO Closing Date: 28 April 2017

Finalisation of Basis of Allotment: 4 May 2017

Initiation of refunds: 5 May 2017

Transfer of shares to demat accounts: 8 May 2017

Listing Date: 9 May 2017

Listing Price on NSE: INR700 per share (up 4.5% from IPO price)

Closing Price on NSE: INR680 per share (up 1.5% from IPO price)