Keerti Knowledge and Skills Ltd - SME IPO
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Keerti Knowledge and Skills Ltd - SME - IPO |
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| Scrip Name | Keerti Knowledge and Skills Ltd - SME - IPO |
| Issue Open | Jul 24, 2017 - Jul 28, 2017 |
| Security Type | Equity |
| Issue Size | 780,000 Equity Shares of Rs 10 aggregating up to Rs 4.06 Cr |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 780,000 |
| Floor Price / Offer Price | Rs. 52 Per Equity Share |
| Face Value | Rs 10 Per Equity Share |
| Market Lot | 2000 Shares |
| Listing At | NSE SME |
Company Profile :
Incorporated in 1999, Keerti Knowledge and Skills Ltd works as an information technology training company in India. They are one of the largest IT training institutes in Mumbai & Thane region that trains youth and students in multiple segments of Information Technology.
They provide tutoring of basic computer knowledge, Internet, surfing, and computer courses including Microsoft office, accounting and financial management, inventory management, statutory capabilities, and tally. net capabilities; accounting courses, such as tally; and various computer languages comprising C++,.Net, Java and Oracle, communication and soft skills, etc.
Keerti Knowledge has expanded business through its two subsidiary Companies i.e. Keerti Institute India Private Ltd and Keerti Tutorials India Private Ltd and KKSL has vide Business Transfer Agreement dated 2nd April, 2015 transferred its business of IT education sector which is on franchise basis to the Keerti Institute India Private Limited (KIIPL) for advancement and to rationalize the future growth of franchise business in IT education sector in future along with authorization of Maharashtra Knowledge Corporate Limited (MKCL)to conduct MKCL’s Courses. Thereafter, KIIPL entered into 90 afresh franchisees Agreements at various locations in Mumbai and Thane. The core activity of KKSL includes Training and Placement, State and Central Government programs and High End Technical programs.
Company Promoters:
The promoters of the company are:
1. Mr. Sudhakar Pandurang Sonawane
Objects of the Issue:
The object of the issue are:
1. To Expand Company Owned and Company Operated (COCO) Centers through their wholly owned subsidiaries i.e. Keerti Institute India Private Limited (KIIPL) and Keerti Tutorials India Private Limited (KTIPL);
2. To Develop E- Applications and E Programs;
3. Developing an end to end software/ Portal for Recruitment, Training and Placement;
4. General corporate purposes.
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