Tutorials Point India Ltd IPO Details

Tutorials Point India Ltd IPO Allotment Details

Tutorials Point India Ltd IPO Details

Tutorials Point dedicated to providing online classes. However, this journey started with a single tutorial on HTML in 2006, later it rapidly expands its business by adding fresh topics like that it holds amazing popularity among the people.

In the financial year 2018-19, it has around 128.78 million readers accessing 1000+ tutorials in 25+ categories. It also has 12,000+ videos and 8 lakhs+ subscribers on YouTube channel. Total views on the YouTube channel are more than 8.50 cr per day.

Mission: Their mission is to deliver Simply Easy Learning with clear, crisp, and to-the-point content on a wide range of technical and non-technical subjects without any preconditions and impediments.

The Tutorials Point IPO postponed due to the bad market globally. Its IPO size is 3140000 Equity shares of Rs 10 aggregating. Tutorials point IPO will close for subscription at 5 PM on the last day of bidding. But the brokers didn’t accept the application between 1 PM to 3 PM. 

Tutorials Point IPO Details:

Issue Open  Sep 30, 2019 – Oct 4, 2019
Issue Type Book Built Issue IPO
Issue Size 3,140,000 Eq Shares of Rs 10
(aggregating up to Rs [.] Cr)
Face Value Rs 10 Per Equity Share
Issue Price Rs – Rs Per Equity Share
Market Lot
Min Order Quantity
Listing At  BSE SME

The IPO opens for subscription on 30th September 2019. It is a book built issue. It will close for subscription on 4th October 2019. The Market lot and minimum order quantity details also not available. It is expected to be listed on NSE SME. The performance of the IPO will lead by Holani Consultants Private Ltd. The listing price of the issue varies by the demand and supply of IPO shares on the day of listing. Last but not least bidding information of Tutorial Point IPO will be updated soon. So, Please revisit us for the latest updates.

Objects of Issue

As of the draft prospectus, the company will utilize the net proceeds raised from the issue towards

  • To create, develop, and market e-tutorial content for 6th-12th standard, IIT/JEE, and NEET
  • To Acquire IT Hardware
  • For general corporate expenses

Subscription Status

Day Date  NII  RII  Total
 1  Sep 30, 2019 18:20  0.10x  0.00x  0.05x
 2  Oct 1, 2019, 18:30  0.27x  0.02x 0.14x
 3   Oct 3, 2019, 17:09  0.28x  0.03x  0.15x
 4  Oct 4, 2019  0.28x  0.03x  0.15x

Tutorials Point IPO Prospectus:

Draft Prospectus

Red Herring Prospectus will be updated soon

Tutorials Point IPO Registrar:

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime.co.in

Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.

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