
Education & Services · BSE
Incorporated in 2013, Kuberan Global Edu Solutions Limited (KGES) is a Tamil Nadu-based company offering test preparation services for Banking, Accounting & Professional courses (CA, CS, CMA), MBA entrance exams, SSC, and other competitive exams. The company leverages its “Kuberan Class” virtual learning platform to provide courses through online teaching and classroom environments, using tools like web conferencing, video conferencing, chat rooms, and VoIP for e-learning. KGES also offers customized training programs for government bodies, corporates, and educational institutions, with training units located in Coimbatore, Tuticorin, Surat, and Udumalaipet.
Price Band
₹20
Issue Size
₹1.12 Cr
Lot Size
6000 shares
GMP
Est. Listing
₹20
at current GMP
Subscribed
—
Open
20 Apr 2021
Close
27 Apr 2021
Allotment
30 Apr 2021
Refund
1 May 2021
Demat Credit
2 May 2021
Listing
5 May 2021
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
30 Apr 2021
Basis finalization
Refunds Initiate
1 May 2021
Mandate release
Demat Credit
2 May 2021
Shares in demat
Listing Debut
5 May 2021
Trading begins
Kuberan Global Edu Solutions Limited is bringing an initial public offering (IPO) in the Education & Services sector with an aggregate issue size of ₹1.12 Crores. The shares are offered at a price band of ₹20 to ₹20 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-05-02, while un-allotted funds or UPI block mandates will be released on 2021-05-01.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.