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Wednesday, August 10, 2011

Tree House Education and Accessories Ltd., an educational services provider, launches its IPO from today. The IPO would consist of 84,32,189 Equity Shares having a Face Value of Rs.10/- each offered in a price band of Rs.135/- to Rs.153/- per equity share
A special discount of Rs.6/- per equity share would be offered to Retail Category of Investors. The discount to be so offered will be given on the final issue price of the IPO. According to the CRISIL Report - December 2010, Tree House operates the largest number of self-operated pre-schools in India. As of June 15, 2011, it had 223 pre-schools under the brand name of “Tree House” across 33 cities (as per municipal limits) in India; out of which 149 are operated by the company and the remaining are operated by its franchisees

Tree House Education IPO would remain open for subscription till August 12, 2011. Stay tuned to Indian IPO Blog for the latest updates!

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