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CL Educate’s IPO opens Monday: Analysts not highly enthused on issue

CL Educate’s IPO opens Monday: Analysts not highly enthused on issue

Saturday, March 18, 2017, 6:38 PM

CL Educate, the latest entrant in the initial public offering (IPO) arena aims to raise Rs 239 crore. The issue will open on March 20 and close on March 22 with a price band of Rs 500-502. The company operates segments in the education sector, which includes test preparation, K-12 and vocational training. The issue comprises 47.60 lakh equity shares or about 33.61%.
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