Live GMP Logo
Chetana Education Limited

Chetana Education Limited

smelisted
Registrar: LINK INTIME INDIA PRIVATE LIMITED · Listing 2024-07-31
IPO Timeline
Today · 21 Oct 2026
Opens
24 Jul 2024
Closes
26 Jul 2024
Allotment
26 Jul 2024
Refund
30 Jul 2024
Demat
29 Jul 2024
Listing
31 Jul 2024
Price Band
₹80–85
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹136,000
Subscription
0x
Issue Size
₹45.9 Cr
Open
2024-07-24
Close
2024-07-26
Listing
2024-07-31

About the company

## **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  1. To meet Working Capital requirements  1. General Corporate Purpose

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 31 Jul 2024
      Listed 812 days ago
      1. IPO Opens

        Completed
        24 Jul 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        26 Jul 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        26 Jul 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        30 Jul 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        29 Jul 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        31 Jul 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹85
      Min Investment (1 lot)
      ₹136,000
      Price Band
      ₹80–85
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹136,000
      Max amount
      ₹136,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹272,000
      Max amount
      ₹272,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹22.95 Cr
      Shares offered
      2,781,818
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.88 Cr
      Shares offered
      834,545
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹16.07 Cr
      Shares offered
      1,947,273
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).