At the upper end of the price band, the IPO is expected to raise Rs728.55 crore. Priced between Rs660 and Rs670 apiece, the IPO comprises new shares worth Rs325 crore and an offer for sale of 6.02 million shares by existing shareholders. Anchor book subscription opens a day before the launch of an IPO and acts as an indicator of institutional investor interest. The anchor book is that portion of an IPO that bankers can allot to institutional investors on a discretionary basis. Ltd-HDFC Prudence Fund, Nomura Singapore Ltd, BNP Paribas Arbitrage and SBI Life Insurance Co. "S Chand and Company Limited has announced robust financial numbers in Q1FY23".Ahead of the IPO, the company had raised ₹ 219 crore (around $34 million) on Tuesday by allotting a little over 3.2 million shares at ₹ 70 apiece to 15 anchor investors, including HSBC Global Investment Funds-Indian Equity, HDFC Trustee Co.
^ TextBook Publisher in India, Online Book Seller in New Delhi: S Chand Group.Wren and Martin High School English Grammar & Composition.Language of Chemistry or Chemical Equations (G.Some of the notable titles from the company are as follows-: Since its inception, it has worked with more than 2400 authors and has delivered more than 15,000 titles for students in schools, colleges, universities and other higher education institutes across India and other countries. Chand uses authors who are well known in their subject areas, including O.P. The fund established the Shyam Lal College under the University of Delhi in 1964. Shyam Lal Charitable Trust was established by the Shri Shyam Lal Gupta into which the royalties of the company's 6 bestselling books was divested for furthering the cause of education and medicine. VRX – Virtual Reality with books with over 50,000 + users.Chhaya Learning App – Bengali/English Learning with books with over 500,000 app installations.Test Coach – Focused on govt exams market.Smart K – Early Learning Curriculum solutions (Pre Schools).Destination Success – Enabling Digital classrooms (CBSE/ICSE/IB and State Board Schools).This app has been steady in terms of adding approx. Mystudegear – Provides blended learning with our complete range of school books with over 1 Mn + users.
400 schools during FY20 which caters to almost 1.5L students. This Solution now offers online teaching enabled platform with live classes, e-books, teaching tools etc.
#S CHAND BOOK ISO#
Chand became the first publishers in India to be certified for ISO 9001:2000
#S CHAND BOOK SERIES#
Artists such as Anupam Sinha created popular characters and series such as Detective Kapil, Manas Putra and Space Star before moving on to Raj Comics with Super Commando Dhruva. In the 1980s, the company also published comic books like Chitra Bharti Kathamala, a series that enjoyed moderate success and was fairly popular before being discontinued in the latter part of the decade.
Shyam Lal Gupta was initially reluctant because of the sectors long-credit policies but was persuaded otherwise efforts by his son Ravindra Kumar Gupta. Chand entered the school textbook market, a segment that it has since come to dominate. He was also one of the founder members of the Federation of Indian Publishers and its first president. He was awarded the ‘ Padma Shri’ by the Indian Government in 1969 and was elected to the Rajya Sabha from Bihar in 1972.
By this time, Shyam Lal Gupta had gathered fame as one of the pioneers of the Indian Publishing Industry.
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