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MT Educare

Description Company provides coaching services to students in the secondary, higher secondary school and pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations.... More »

Address 220, 2nd Floor, Flying Colors, Pandit Din Dayal Upadhyay Marg, L B S Cross R Pincode : 400080

  • Tel 91 22 2593 7700
  • Emailinfo@mteducare.com
  • Fax91 22 2593 7799
  • Websitehttp://www.mteducare.com

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total

Issue Terms

Issue price / Floor Price (Rs) 74-80
Application per share (Rs) 74.00
Minimum investment amount (Rs) 5,920.00
Minimum bid (no of shares) 80 shares and in multiples of 80 thereafter
Maximum Shares for Retail 2640-2480

Issue Date and Size

Issue opens 27-Mar-12
Issue closes 29-Mar-12
Listing on BSE, NSE
Issue size (Rs cr) 99
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
Enam Securities Private Limited mteducare.ipo@enam.com
Registrar Link Intime India Private Limited
E-mail mtel.ipo@linkintime.com

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

Objects of Issue

    • Funds for construction of a PUC campus in Karnataka (including cost of acquisition of land)
    • Establishing new coaching centers at 20 locations

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