IPO Issue Details
Issue Price / Price Band₹153 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size40 Shares per Lot
Total Issue Size84,32,189 shares (aggregating up to ₹112.06 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 10 Aug 2011
Subscription CloseFri, 12 Aug 2011
Anchor AllotmentTue, 09 Aug 2011
Basis of AllotmentThu, 18 Aug 2011
Initiation of RefundsFri, 19 Aug 2011
Credit of Shares to DematFri, 19 Aug 2011
Listing DateFri, 26 Aug 2011
UPI Mandate Deadline2011-08-12
Application & Investment Details
Retail — Min (1 Lots)₹5,400 — 40 shares
Retail — Max (13 Lots)₹79,560 (13 Lots)
HNI — Min (38 Lots)₹2,05,200 — 1,520 shares
Pre-IPO Promoter Holding2,52,83,081 shares
Post-IPO Promoter Holding3,37,15,270 shares
About Tree House Education & Accessories Ltd.
Incorporated in 2006, Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India.Tree House provide a wide variety of educational services to K-12 schools which includes designing curriculum and providing teaching aids, supplying methods for imparting education, organizing extra-curricular activities for students and teacher training.They offer playschool and nursery facilities, vacation camps, mother-toddler classes, hobby classes, day care facilities and teacher training course at pre-schools. Tree House Education's pre-schools are mainly located in the states of Maharashtra, Gujarat, Karnataka, Rajasthan and Andhra Pradesh. Company has been ranked amongst the 100 Small Business of the year 2010 in the annual survey conducted by the Franchising World.
Objects of the Issue
Tree House Education & Accessories Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Expansion of pre-school business
4.20
2
2 Acquisition of office space
1.35
3
3 Procurement of exclusivity rights to provide educational services
2.70
4
4 Construction of infrastructure for an educational complex in Rajasthan and Gujarat
4.03
5
5 Repayment of loans
2.86
6
6 General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,52,83,081 shares
Post-IPO Promoter Holding
3,37,15,270 shares