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Showing posts from August, 2014

Tree House features as India’s Most Trusted Pre-School Brand

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: Tree House Education & Accessories Limited (Tree House), a leading educational service provider operating the largest number of branded self-operated pre-schools in India, today announced that it has been listed among the country’s most trusted educational institutes. In the first ever study conducted by TRA (formerly Trust Research Advisory), Tree House received the highest rank for any pre-school in India. Commenting on this, Mr. Rajesh Bhatia, Managing Director of Tree House, said “Over the last ten years, the Tree House team has focused on creating a high quality knowledge platform for Indian children, with the belief that education is one of life’s most important investments. It is our sincere endeavour to inspire and nurture young talent to grow and accomplish great things. This accolade of being India’s most trusted pre-school brand recognizes our commitment and accomplishments in the field of education.” 
The report was based on findings from 7 million data points from su…

Snowman Logistics Limited IPO opens on August 26, 2014

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Price Band fixed between Rs. 44 & Rs. 47 per equity share
Issue graded by Crisil as 4/5 Warehousing firm Snowman Logistics Limited proposes to open on August 26, 2014, a public issue of 42,000,000 equity shares of Face Value of Rs. 10 each. The Price Band has been fixed between Rs. 44 and Rs. 47 per Equity Share. The Issue will constitute 25.23% of the Post-Issue Paid-Up Equity Share Capital of the Company. Bids can be made for a minimum of 300 Equity Shares and in multiples of 300 Equity Shares thereafter. The Issue closes on August 28, 2014, for all bidders. The Company, in consultation with the BRLM, may consider participation by Anchor Investors. The Anchor Investor Bidding Date shall be one Working Day prior to the Bid / Issue Opening Date.
The Issue is being made under Regulation 26(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended and through a Book Building Process wherein at least 75% of the Issue shall be allotted on a proportionate…

Tree House Operational EBITDA rises 46.09% in Q1FY 2015

Performance Highlights for Q1FY 2015 ·Tree House preschool network crosses 500 mark ·Operational EBITDA at INR 33.28 cr, up y-o-y by 46.09% ·Revenue from Operations at INR 53.91 cr, up y-o-y by 31.90% ·Profit after tax at INR 16.06 cr, up y-o-y by 30.56% ·EPS (Fully diluted) for the quarter is INR 4.26 ·Opened 15 preschool centers in the quarter, taking total to 505 ·New cities launched in the quarter are : Kozhikode, Ajmer, Bikaner and Gorakhpur
Mumbai, 6 AUG, 2014: Tree House Education and Accessories Limited (‘Tree House”), India's largest self-operated pre-school chain, has come up with a stellar performance by posting 46.09%  rise in operational EBITDA which stood at Rs 33.28crore in Q1FY2015 compared to Rs 22.78 crore posted in the 1st quarter of FY2014. The total income rose by 31.09% to Rs 53.91 crore during the first quarter ended June 30, 2014 compared to Rs 40.87 crore posted in the same period of the last financial year. The company has reported 30.56% percent growth in its ne…