BSE Startups Platform became the first stock exchange to get the approval from SEBI and launch its Startups platform on 22nd December, 2018. Kuberan Global Edu Solutions Limited became 10th company to get listed on the BSE Startup Platform on May 05, 2021. Kuberan Global Edu Solutions Limited came out with an initial public offering of 6,00,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs. 20/- Per Equity Share (The “Offer Price”), Aggregating to Rs.1.12 Cr. The company has successfully completed its public issue on April 27, 2021.
Kuberan Global Edu Solutions Limited is a Tamil Nadu based company whose registered office is at Coimbatore. Company is engaged in TEST PREP segment including Banking courses, Master of Business Administration Entrance Exams, Staff Selection Commission(SSC), Life Insuraance Corporation of India (LIC), Accounting and Professional Courses like Chartered Accountant (CA), Certified Management Accountant (CMA), Company Secretary (CS) and it is expanding to include various other TEST PREP courses under its belt.
The company also provides custom courses and has capabilities to provide customized training to the corporates, government and educational organizations. The company markets and train students on various courses and has unique courses on wealth management and capital markets to the Investing community.
Mumbai based FEDEX SECURITIES PRIVATE LIMITED was the lead manager for Kuberan Global Edu Solutions Limited.
The 9 companies listed on BSE Startups Platform have raised Rs. 34.62 crores from the market and total market capitalization of these companies as on May 04, 2021 is 89.32 Crores. BSE is the market leader in this segment with a market share of 100 percent.