Issue Price: 135 - Rs. 153 Per Equity Share
Allotment Status: http://www.linkintime.co.in/newsite/ipoInformation.jsp
Issue Detail:
»» Issue Open: Aug 10, 2011 - Aug 12, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 8,432,189 Equity Shares of Rs. 10
»» Issue Size: Rs. 113.83 - 129.01 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot: 40 Shares
»» Minimum Order Quantity: 40 Shares
»» Listing At: BSE, NSE
Bid Details:
Number of Times Issue is Subscribed (BSE + NSE) As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors (NIIs) Retail Individual Investors (RIIs) Total Shares Offered / Reserved 2,951,267 1,264,828 2,951,266 7,167,361 Day 1 - Aug 10, 2011 17:00 IST 0.5000 0.0600 0.5400 0.4400 Day 2 - Aug 11, 2011 17:00 IST 0.5000 0.0900 1.1200 0.6800 Day 3 - Aug 12, 2011 18:00 IST 1.0200 1.6800 2.7600 1.8500
Incorporated in 2006, Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India.
Tree House provide a wide variety of educational services to K-12 schools which includes designing curriculum and providing teaching aids, supplying methods for imparting education, organizing extra-curricular activities for students and teacher training.
They offer playschool and nursery facilities, vacation camps, mother-toddler classes, hobby classes, day care facilities and teacher training course at pre-schools. Tree House Education's pre-schools are mainly located in the states of Maharashtra, Gujarat, Karnataka, Rajasthan and Andhra Pradesh. Company has been ranked amongst the 100 Small Business of the year 2010 in the annual survey conducted by the Franchising World.
Company Promoters:
The following individuals are the Promoters of the Company:
1. Mr. Rajesh Bhatia; and
2. Mrs. Geeta Bhatia
Company Financials:
Particulars For the year/period ended (in Rs. Million) 31-Dec-10 31-Mar-10 31-Mar-09 31-Mar-08 31-Mar-07 Total Income 305.73 218.71 106.47 54.26 0.99 Profit After Tax (PAT) 70.78 25.99 5.12 (1.91) (4.89)
Objects of the Issue:
The object of the issue are to:
1. Expansion of pre-school business;
2. Acquisition of office space;
3. Procurement of exclusivity rights to provide educational services;
4. Construction of infrastructure for educational complexes in Rajasthan and Gujarat;
5. Repayment of loan; and
6. General corporate purposes.
Register To Reply