Chetana Education IPO

Chetana Education Ltd IPO: Fresh issue of 54 lakh shares worth INR 45.90 cr to repay borrowings, meet working capital needs, and fund general corporate purposes.

Important Details

Open Date : July 24, 2024 Close Date : July 26, 2024 Allotment Date: July 29, 2024 Listing Date: July 31, 2024

Important Details

IPO Price: INR 80-85 per share Lot Size: 1600 Shares Total Issue Size: INR 45.90 crores

Fundamental Analysis

Chetana Education IPO analysis shows mixed performance: 1. Significant revenue increase. 2. Growth in equity & liabilities. 3. Rising profitability & EPS. 4. Improved RoNW, Increased assets. 5. Strengthened liquidity, Decreased inventory turnover.

Peer Comparison

1. Chetana Education Limited: Strong profitability and RoNW. 2. Navneet Education Limited: Leads in market capitalization. 3. S Chand and Company Limited: Solid revenue performance.

Objective

Chetana Education Limited main objective is to repay borrowings and meet working capital requirements.

Risks And Challenges

Chetana Education IPO risks: 1. Seasonal sales fluctuations. 2. Reliance on evolving content. 3. Competition for authors. 4. Risk of losing key contributors impacting content quality & business success.