Humming Bird Education Limited IPO

Humming Bird Education Limited

Issue Open

Mar 15, 2019

Price Band

₹ 132

Issue Size

₹ 2.15 Cr

Credit of Shares to Demat

-

Issue Close

Mar 19, 2019

Bid Lot

1000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue

Minimum Order Quantity

1000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Mar 28, 2019

Refunds

-

About the company:

Humming Bird Education Limited is serving thousands of schools covering lakhs of students with Olympiad examinations. It has a vast franchise network that is spread across globally with is expanding the international base. The company has its registered and corporate office located at New Delhi. It has 9 permanent employees on a payroll basis.

Date of Incorporation: The Company was incepted in Delhi as “Humming Bird Education Private Limited” on 23rd August 2010. Subsequently, It was converted to a public limited company rebranded to “Humming Bird Education Private Limited”.

Promoters of the Company: Mr Nitesh Jain and Mr Narendra Kumar Jain are the promoters of Humming Bird Education Limited.

Products and Service Offerings: It offers a wide range of products and services in education segments that include: Humming Bird Talent Search Examination (HBTSE), Humming Bird Commerce Competency Olympiad HCC), Humming Bird Cyber Olympiad HCO), Humming Bird English Olympiad HEO), Humming Bird G.K. Olympiad HGO)  and Humming Bird Hindi Olympiad HHO) are some of its vast offerings range.

Customer Segments: The Company offers services through its internal team and through franchisee model across national mainly in Delhi, Uttar Pradesh, Tamil Nadu, Chhattisgarh, Guwahati, Haryana, etc. and international markets in countries of Malaysia, Bangladesh and Nigeria.

Objects of the Offer: The core objectives of the Humming Bird Education Limited IPO are:

  • - To proportionate finance working capital requirements of the company.

  • - To fund general corporate expenses.

  • - To finance Issue related outlay.

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)


30-Nov-18

31-Mar-18

31-Mar-17

31-Mar-16

Total Assets

102.37

29.32

36.75

18.05

Total Revenue

108.65

117.09

93.70

51.56

Profit After Tax

36.78

10.57

4.46

0.78

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