MT EDUCARE LIMITED IPO

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MT EDUCARE LIMITED IPO

 

Issue Open:        March 27, 2012

Issue close:         March 29, 2012

Price Band:         Rs. 74 – Rs. 80 Per Equity Share

Minimum Bid Size:           80 Equity Shares

Face Value:         Rs. 10 Per Equity Share

Issue Type:         100% Book Building

Maximum Subscription Amount  for Retail Investor:        Rs. 200000

 

MT EDUCARE LIMITED:

 

Incorporated in 2006, MT Educare Limited is an education support and coaching services provider for students in the secondary and higher secondary school. Also they provide coaching services for students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations.MT Educare has serviced over 58300 students in the year 2010 – 11, has over 1400 faculty & staff and 188 centres in 110 locations.

 

IPO Grading / Rating:

 

CRISIL has assigned an IPO Grade 4 to MT Educare Limited IPO . This means as per CRISIL, company has ‘Above Average Fundamentals’.


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