January 21, 2017 12:08 AM ET

Media

Company Overview of S Chand And Company Limited

Company Overview

S Chand And Company Limited, together with its subsidiaries, operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments. It is involved in publishing, printing, sale, purchase, export, and import of various books and other literary work; agency ship and distribution of publishers for books and other literary work; selling of educational toys; and publishing books for children, schools, colleges, and universities, as well as digital content and interactive learning systems to schools and running pre-schools. The company also provides digital data management services ...

A-27, Second Floor

Mohan Co-Operative Industrial Estate

New Delhi,  110044

India

Founded in 1970

2,790 Employees

Phone:

91 11 4973 1800

Fax:

91 11 2367 7446

Key Executives for S Chand And Company Limited

Managing Director and Executive Director
Age: 38
Chief Financial Officer
Age: 43
Executive Director
Age: 56
Group Business Head of School & Higher Education
Age: 56
Business Head of New Saraswati House
Age: 51
Compensation as of Fiscal Year 2016.

S Chand And Company Limited Key Developments

S Chand Mulls Acquisitions

S Chand And Company Limited intends to pursue acquisitions. “Inorganic growth through acquisitions has been a core strategy for S Chand, and it will continue to evaluate its inorganic acquisitions in regional markets,” said Deep Mishra, Everstone Capital representative on the S Chand Board.

S. Chand Mulls IPO

S. Chand Group & Company Pvt. Ltd. has hired three investment banks and initiated work on an initial public offering that could see the company raise as much as INR 6 billion, according to two people aware of the issue. “S. Chand has started working on its IPO and they are looking to raise around Rs.600 crore. They have hired JM Financial, Credit-Suisse and Axis Capital to work on the documentation and marketing of the offering,” said one the two people. The IPO will allow PE investor Everstone Capital Management to sell part of its stake in S. Chand, he said. “At least one-third of the IPO, or around Rs.200 crore, will be a secondary share sale by Everstone, while the rest will be primary capital for the company’s various requirements,” he added. “The company plans to use the IPO proceeds primarily for inorganic growth. They are looking at certain acquisitions and the money from the IPO will be used to finance them,” he said. Everstone Capital declined to comment. Credit-Suisse, JM Financial and Axis Capital declined to comment.

S. Chand Group Mulls IPO

S. Chand Group & Company Pvt. Ltd. has begun discussions with a number of India's top merchant banks, as it explores a potential initial public offering later this year. Edelweiss, JM Financial and Axis Capital are among the multiple investment banks that have held discussions with S. Chand Group.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 7, 2016
Chhaya Prakashani Pvt. Ltd.
Private Placement
May 16, 2016
Smartivity Labs Pvt. Ltd.
Private Placement
March 14, 2016
Gyankosh Solutions Private Limited
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact S Chand And Company Limited, please visit www.schandgroup.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.