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Zee Learn climbs on planning to raise funds up to $30 million via GDR issue

30 Jan 2012 Evaluate

Zee Learn is currently trading at Rs. 14.90, up by 0.10 points or 0.68% from its previous closing of Rs. 14.80 on the BSE.

The scrip opened at Rs. 14.80 and has touched a high and low of Rs. 15.08 and Rs. 14.40 respectively. So far 101973 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 27.10 on 05-Apr-2011 and a 52 week low of Rs. 11.80 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 15.08 and Rs. 13.80 respectively. The current market cap of the company is Rs. 385.17 crore.

The promoters holding in the company stood at 73.19% while Institutions and Non-Institutions held 12.56% and 14.25% respectively. 

Zee Learn has decided to explore issuance of Global Depository Receipt (GDR) for raising long term funds of up $30 million. The company for this purpose has also appointed requisite intermediaries. The company’s board of directors in their meeting held on January 30, 2012, decided the same.

Recently, the company had acquired approval for raising long term funds markets up to the value of $60 million by issuance of equity and / or equity linked instruments from domestic or international capital.

Zee Learn is a leading player in Core Education and is set to ride on the increasing demand for quality education and development with the fastest growing chain of K-12 schools and India’s No 1 chain of pre-schools in its portfolio.

Zee Learn Share Price

4.89 -0.01 (-0.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Physicswallah 108.20
CL Educate 53.78
Zee Learn 4.89
Jaro Inst. of Tech&R 438.95
Crizac 229.85
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