Get in touch with us for more information
Email Id:
Company Background

Company Background

S Chand and Company Limited; a leading Indian education content company in terms of revenue from operations in Fiscal 2016. (Source: Nielsen Research Report) with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India. It delivers content, solutions and services across the education lifecycle through K- 12, higher education and early learning segments. It offers 53 consumer brands across knowledge products and services including S. Chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor. The Company believes that these brands have benefited by its strong brand management philosophy which embraces consistent efforts to upgrade content quality and to update content regularly. Further, in December 2016, the Company acquired 74% of the outstanding share capital of Chhaya Prakashani Private Limited (its - Chhaya Acquisition), and it now offers four Chhaya brands including Chhaya and IPP. Its textbooks and instructional materials are supported by offering of technology driven methods of education and digital learning. It sells knowledge products and services to schools and to students across their lifecycle through its extensive pan-India network of sales offices, distributors and dealers.

As of December 31, 2016, the distribution and sales network (not including Chhaya) consisted of 4,932 distributors and dealers, the Company had an in-house sales team of 838 professionals working from 52 branches and marketing offices across India. The Chhaya Acquisition has expanded its presence in Eastern India to include an additional 771 distributors and dealers as of December 31, 2016.
Issue Highlights
Issue opens Wednesday, April 26, 2017
Issue closes Friday, April 28, 2017
Fresh Issue Rs. 3250 Million & Offer For Sale: Up to 6023236 Equity Shares
Price Band Rs. 660 to Rs. 670
Bid Lot 22 Equity Shares and in Multiples thereafter
Face Value Rs.5/-
Listing NSE and BSE
Payment Compulsorily ASBA Mode
Registrar Link Intime India Private Limited
BRLM JM / Axis / Credit Suisse

Issue Break up

Issue Size Issue Size Allocation Issue Size in Crs.
Lower Band Upper Band
QIB 50.00% 361.26 364.27
NIB 15.00% 108.37 109.28
Retail 35.00% 252.88 254.99
Total 100% 722.53 728.55
Object of the Issue
The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

The Offer for Sale
Each of the Selling Shareholders will be entitled to the respective proportion of the proceeds of the Offer for Sale. All expenses in relation to the Offer will be shared among the Company and the Selling Shareholders as mutually agreed and in accordance with applicable law. The Company will not receive any proceeds from the Offer for Sale.
Retail Payment Chart
Retail Payment Chart - S Chand and Company Limited
No. of Shares Cut off price per share Rs.670 Total Amount (Rs.)
22 670 14,740
44 670 29,480
66 670 44,220
88 670 58,960
110 670 73,700
132 670 88,440
154 670 103,180
176 670 117,920
198 670 132,660
220 670 147,400
242 670 162,140
264 670 176,880
286 670 191,620
Like us on Facebook Watch us on YouTube Follow us on LinkedIn Tweet us on Twitter Follow us on Google+
SEBI/ Regulatory Registration Nos.: BSE:INB/INF 010607233 NSE:INB/INF/INE 230607239. Merchant Banking: INM000010973 DP Reg: IN-DP-CDSL-28-99 DP ID - CDSL 12013200
© Copyright 2009. Asit C.Mehta Investment Interrmediates Ltd. (ISO 9001:2008 Certified Company)