S Chand and Company Limited IPO
S Chand is a leading Indian education content company in terms of revenue from operations in Fiscal 2016. The company delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments. The company is the leading K-12 education content company in terms of revenue from operations in Fiscal 2016, according to Nielsen, with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India. S Chand offers 53 consumer brands across knowledge products and services including S. Chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor.
In December 2016, the company acquired 74% of the outstanding share capital of Chhaya Prakashani Private Limited and now offers four Chhaya brands including Chhaya and IPP. In Fiscal 2016, it sold 35.47 million copies of a total of 11,144 titles. Additionally, Chhaya sold 9.88 million copies of 433 titles in Fiscal 2016. S Chand’s top ten best-selling titles accounted for sales in Fiscal 2016 of 2.96 million copies, and 15 of its authors have each sold over one million copies of their titles during the last five fiscal years.
As of June 30, 2016, its distribution and sales network consisted of 4,907 distributors and dealers, and the company had an in-house sales team of 697 professionals working from 58 branches and marketing offices across India. Chhaya Acquisition has expanded its presence in Eastern India to include an additional 746 distributors and dealers as of December 1, 2016.
Objects of the Issue:
Listing Date: May 09 2017
Issue Details:
| Open Date: | Apr 26 2017 |
| Close Date: | Apr 28 2017 |
| Total Shares: | 10,873,982 |
| Face Value: | ₹ 5 Per Equity Share |
| Issue Type: | Book Built Issue IPO |
| Issue Size: | 728.56 Cr. |
| Lot Size: | 22 Shares |
| Issue Price: | ₹ 660-670 Per Equity Share |
| Listing At: | NSE,BSE |
| Listing Date: | May 09 2017 |
Promoters And Management:
Company Financials:
| Particulars | For the year/period ended (in Rs. Million) | |||||
|---|---|---|---|---|---|---|
| 31-Dec-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
| Total Assets | 7,431.94 | 6,854.89 | 5,315.98 | 4,242.82 | 3,988.05 | 2,076.88 |
| Total Revenue | 922.12 | 2,822.53 | 2,357.88 | 2,300.32 | 1,921.72 | 1,713.21 |
| Profit After Tax (PAT) | (300.39) | 164.80 | 76.85 | 108.62 | 71.65 | 88.53 |
