The Tree House IPO is a Rs 113.83 crore book-built offering. August 10, 2011 was the commencement date of the Tree House IPO auction, which concluded on August 12, 2011. August 26, 2011, saw the shares go on sale on the BSE and NSE. For the Tree House IPO, the price range is ₹135 to ₹153 per share. For an application, 40 shares is the minimum lot size. Retail investors must make a minimum investment of ₹6,120.
One of the top suppliers of educational services in India is Tree House Education, which was incorporated in 2006. They run the most self-operated preschools in India, according to CRISIL research. Under the “Tree House” brand, they operate 177 preschools in 23 Indian cities. Tree House offers K–12 schools a wide range of educational services, such as curriculum development, teaching aids, instructional strategies, student extracurricular activity planning, and teacher training. They provide daycare centers, playschools and nurseries.
camps, mother-toddler programs, hobby classes, and pre-school teacher training programs. The pre-schools run by Tree House Education are mostly found in the states of Andhra Pradesh, Gujarat, Maharashtra, Karnataka, and Rajasthan. The company was listed in the Franchising World annual survey as one of the 100 Small Businesses of the Year for 2010.
Tree House IPO Details
| IPO Date | August 10, 2011 to August 12, 2011 |
| Listing Date | August 26, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹135 to ₹153 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 8,432,189 shares (aggregating up to ₹113.83 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Tree House IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹6,120 |
| Retail (Max) | 32 | 1280 | ₹195,840 |
Tree House IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 2,951,267 (41.18%) | NA |
| NII (HNI) Shares Offered | 1,264,828 (17.65%) | |
| Retail Shares Offered | 2,951,266 (41.18%) | 73,781 |
| Total Shares Offered | 7,167,361 (100%) |
Tree House Company Financials
| Particulars | 31-Dec-10 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 |
|---|---|---|---|---|---|
| Total Income | 305.73 | 218.71 | 106.47 | 54.26 | 0.99 |
| Profit After Tax (PAT) | 70.78 | 25.99 | 5.12 | (1.91) | (4.89) |
Objects of the Issue (Tree House IPO Objectives)
The object of the issue is to:
- Expansion of pre-school business;
- Acquisition of office space;
- Procurement of exclusivity rights to provide educational services;
- Construction of infrastructure for educational complexes in Rajasthan and Gujarat;
- Repayment of loan; and
- General corporate purposes.
Tree House IPO Listing Details
| Listing Date | August 26, 2011 |
| BSE Script Code | 533540 |
| NSE Symbol | TREEHOUSE |
| ISIN | INE040M01013 |
| Final Issue Price | ₹135 per share |
Tree House Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹135.00 | ₹135.00 |
| Open | ₹132.80 | ₹132.00 |
| Low | ₹104.15 | ₹105.15 |
| High | ₹161.50 | ₹161.50 |
| Last Trade | ₹116.55 | ₹117.60 |
Tree House Education & Accessories Ltd Contact Details
Tree House Education & Accessories Ltd
702 C, Morya House,
Off New Link Road,
Andheri (West), Mumbai 400 053
Phone: +91 22 6456 2320
Email: compliance@treehouseplaygroup.net
Website: http://www.treehouseplaygroup.net
Tree House IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email:
Website: https://linkintime.co.in
Tree House IPO FAQs
Q1. What is the Tree House IPO?
Ans. Tree House IPO is a main-board IPO of 8,432,189 equity shares with a face value of ₹10, aggregating up to ₹113.83 crore. The issue is priced at ₹135 to ₹153 per share. The minimum order quantity is 40 shares. The IPO opens on August 10, 2011, and closes on August 12, 2011.
Q2. When will Tree House IPO open?
Ans. The Tree House IPO opens on August 10, 2011 and closes on August 12, 2011.
Q3. What is the lot size of the Tree House IPO?
Ans. Tree House IPO lot size is 40 shares, and the minimum amount required is ₹6,120.
Q4. When is the Tree House IPO listing date?
Ans. The Tree House IPO listing date is on August 26, 2011.
