Tree House Education IPO Price Band - Indian IPO Blog

Monday, August 8, 2011

Tree House Education IPO Price Band

Tree House Education IPO Price Band has been fixed at Rs.135/- to Rs.153/- per equity share. The IPO would remain open for subscription between August, 10 to August, 12, 2011

The Issue Size for the IPO would be 84,32,189 Equity Shares of Rs.10/- each. The bid lot would be 40 Equity Shares and in multiples thereof. The company has announced a discount of Rs.6/- per equity share on the final Issue Price of the IPO for Retail Investors

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

JM Financial Consultants and Motilal Oswal Securities Limited are the Book Running Lead Managers to the Issue JM Financial Services Pvt. Ltd and Motilal Oswal Securities Ltd. as Syndicate members, while Link Intime (India) Private Limited is the Registrar to the Issue

No comments:

Post a Comment

Breaking