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Chetana Education Limited

Chetana Education Limited

listed
₹1.28LMin. investment

Chetana Education Limited IPO Details

Price range₹80.00 – ₹85.00
IPO type
SME
Lot size1600 shares
Issue size₹45.9Cr
RHP/DRHP
Read

Chetana Education Limited Timeline

  1. Bid start
    24 Jul 2024
  2. Bid end
    26 Jul 2024
  3. Allotment
    26 Jul 2024
  4. Release of funds
    30 Jul 2024
  5. Demat transfer
    29 Jul 2024
  6. Listing
    31 Jul 2024

About Chetana Education Limited

Established in 2017, Chetana Education is a leading content-based company specializing in educational book publishing and digital learning solutions tailored for the CBSE and Maharashtra State Board curricula in India. With a robust portfolio of over 700 titles under 15 distinct brands such as Master Key, Self-Study, and QR Series, Chetana caters comprehensively from pre-primary to K-12 levels. Their commitment extends beyond traditional publishing to include a vast library of educational videos accessible via QR codes, designed to augment classroom learning with interactive digital content.
In 2023, Chetana Education sold over 6 million books across various educational levels, showcasing their significant footprint in the Indian education sector. They have strategically partnered with Allern Enterprises Private Limited to produce over 30,000 educational videos, enhancing students' understanding of subjects and enabling self-study at no additional cost. This integration of print and digital content underscores Chetana's dedication to enriching the learning experience through innovative educational tools.
Operating across the country, Chetana Education has established a robust supply chain and distribution network. They leverage an asset-light model with outsourced print facilities and strategically located warehouses, including a centrally located facility in Bhiwandi, Maharashtra. With over 500 distributors and dealers supported by an in-house sales team, Chetana Education ensures widespread accessibility of their educational materials, forging strong relationships with schools and educators nationwide.
Focused on operational agility and content excellence, Chetana Education continues to innovate in the educational publishing sector. Their partnerships with authors, printers, and distributors underscore their commitment to quality and efficiency in delivering educational resources that cater to the diverse needs of students and educators alike.
Chetana Education Limited  prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
  1. Repayment of certain borrowing availed by our Company, in part or full 
  2. To meet Working Capital requirements 
  3. General Corporate Purpose

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Chetana Education Limited Contact Details

Company NameChetana Education Limited

How to apply for Chetana Education Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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