Keerti Knowledge and Skills Ltd - SME IPO

Keerti Knowledge and Skills Ltd - SME - IPO

 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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