Global Education Ltd - IPO

Global Education Ltd IPO Details

Public issue of 6,83,000 equity shares of a face value of Rs. 10 each (the equity shares) of Global Education Limited (GEL or The Company) for cash at a price of Rs. 150 per share (The Issue Price), aggregating to Rs. 10.25 crores (The Issue), of which, 35,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 6,48,000 equity shares of Rs. 150 each is hereinafter referred to as the net issue aggregating up to Rs. 9.72 crores (The Issue). The issue and the net issue will constitute 27.51% and 26.10%, respectively of the post issue paid-up equity share capital of the company.Issue Price: Rs.150 per equity share of face value of Rs.10 each.The Issue price is 15 times of the face value.

Objective of issue

To meet working capital requirement. To meet general corporate purpose.

Global Education Ltd Contact Details

Global Education Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - investorinfo@globaledu.net.in

Website - www.globaledu.net.in