
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 280,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 84,000 | — | 0.00x |
| Retail Individual (RII) | 196,000 | — | 0.00x |
| Total | 560,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 33 | 33 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 1 | 1 | 1.00x |
| Total Applications | 35 | 35 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Kuberan Global Edu Solutions Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹20 to ₹20 per equity share.
The retail lot size is 6000 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹20 per equity share.
The Kuberan Global Edu Solutions Limited IPO aggregate issue size is ₹1.12 Crores with an equity price band set at ₹20 to ₹20 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2021-04-30. Investors can verify status using PAN card or application number.
Kuberan Global Edu Solutions Limited shares are scheduled to list on BSE on 2021-05-05.