Mt Educare Ipo

MT Educare closes at upper circuit on Day 1

Shares of coaching services provider MT Educare remained stuck at upper circuit through out the session on listing day. The stock opened at Rs 86.05, which was the equilibrium price decided in the pre-opening session.

MT Educare hits upper circuit, rises 13%

Shares of education support and coaching services provider MT Educare hit upper circuit on the listing day, shooting up 12.94% to Rs 90.35 as against issue price of Rs 80.

MT Educare's equilibrium price comes to Rs 86.05

In the pre-opening session, the equilibrium price of MT Educare's shares has been decided at Rs 86.05, higher by 7.56% to issue price of Rs 80 a share.

MT Educare to list shares on April 12

The MT Educare, which raised Rs 99-crore via public issue, will list its equity shares on Thursday, April 12, 2012. The issue price is fixed at higher end of price band of Rs 74-80 a share.

MT Educare sets issue price at higher band

Coaching services provider MT Educare (known as Mahesh Tutorials) has fixed the issue price for its Rs 99 crore IPO at higher end of price band of Rs 74-80 a share, as per advertisement in The Financial Express.

MT Educare IPO fully subscribed on Day 2

Coaching services provider MT Educare's IPO has been subscribed 1.25 times on Day 2, supported by qualified institutional buyers (QIBs) and high networth investors.

Subscribe to MT Educare IPO: KM Global Finserv

KM Global Finserv has come out with its report on MT Educare IPO. According to the research firm, investors with high risk appetite can subscribe to the issue as it is the leading coaching service provider in Mumbai with a strong brand name, improving margins, zero leverage and a robust industry outlook.

MT Educare IPO subscribed 0.65 times on HNI support

The IPO of MT Educare, an education support and coaching services provider, has been subscribed 0.65 times so far on Day 1, as per exchange data. The issue has received maximum bids at lower end of price band of Rs 74-80, which was expected as anchor book was subscribed at the same price.

Go long on KFA, market angst to stay says Tulsian

In his market analysis on CNBC-TV18, SP Tulsian was not optimistic about the storm over P-notes blowing over quickly. He rated the MT Educare IPO as very expensive and advised taking a long position on Kingfisher Airlines

Subscribe to MT Educare IPO for long term: Nirmal Bang

Nirmal Bang has come out with its report on MT Educare IPO. According to the research firm, one can subscribe to the issue with a long term view.

MT Educare IPO: Valuation appears to be over-stretched

MT Educare: Amalgamation of group entities to get a better valuation for promoters, significant offloading of anchor-investor before listing and conflicts of interest between public company and promoters’ closely-held firms make the offer suspect.

MT Educare raises Rs 12.86cr via anchor book at Rs 74/sh

MT Educare (known as Mahesh Tutorials), a private coaching services provider to students from class 8 to class 12, has received commitment of Rs 12.86 crore from anchor investors on March 26 - a day before the issue opens.

MT Educare's Rs 99cr IPO opens for subscription

The Rs 99-crore IPO of MT Educare, an education support and coaching services provider is opened for subscription today.

Shun MT Educare IPO, says Hem Securities

Hem Securities has come out with its report on MT Educare IPO. According to the research firm, the company with its well recognised brand and experience in the business of education support and coaching has large pool of faculty members & experienced management team but looking at the valuations of company, issue looks overpriced at current level.