IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

Byju's is one of the most prominent decacorns in India. It has changed the concept of digital learning through its innovation and well-timed experimentation. Recently, the digital learning platform has entered the live-tutoring arena.

The platform offers a variety of learning courses to students of classes I - XII. In addition, Byju's also offers online courses to aspirants of competitive and entrance examinations. Accordingly, Byju’s has occupied a large market share and emerged as one of the pioneers in online education over the years.

Byju's IPO Objectives

- Meeting growth and expansion purpose
- Cater to working capital requirements
- Meeting expenses of share issuance
- Account for general corporate purposes

Byju's IPO - Details

Byju’s is planning to launch its initial public offering in the next 18 to 24 months. Once the company releases more information about this upcoming IPO, we will update the page instantly.

Why Should You Invest in Byju's?

Byju’s is a leading player in the digital learning space. Since its inception, this learning platform has garnered a lot of traction to develop a massive loyal customer base.

Its robust number of subscribers and smart use of innovations add to its growth. This offers upsides regarding its growth and earnings prospects, which could allow investors to realise significant returns on their investments.

That said, investors should consider studying its scope and limitation in detail to make an informed choice. This will help them decide its merit by the time the company rolls out more IPO details and its timeline.

IPO Financials

Financial year Total Revenue Total Assets Profit After Tax
As of 30 June 2020 - - Rs. 135.51 million
March 2020 - - Rs. 447.45 million
March 2019 - - Rs. 68.04 million
March 2018 - - Rs. 26.91 million

Know before investing

Strengths

4

  1. This digital learning platform offers multifarious learning solutions in regional languages. The learning materials and online classes are available in different formats, including theories, stories, and visuals. In addition, students have the option to choose from multiple learnings resources.

  2. Byju’s app boasts high student engagement. Its fine-tuned study solutions and the enhanced interface makes students come back to the digital portal more often. This also helps in customer retention.

  3. In the last couple of years, the company has maintained a strong financial position. This continues to allow this learning platform to boost its reach and experiment with its offerings.

  4. Byju’s smart acquisition strategy offers it an edge over its competitors. Recently, this learning platform has acquired White Hat Jr. for a whopping $300 million. Such a move now allows Byju’s to offer coding classes to its students while at the same time it has helped the platform eliminate one of its biggest competitors.

Risks

4

  1. Data breaches and privacy threats are the biggest concerns for Byju’s, and they must upgrade their system to minimise risks.

  2. The company’s business model can be easily imitated by new entrants. This will dilute the unique appeal Byju’s has managed to create in the market so far.

  3. More digital learning platforms are coming into existence as new companies are trying to ride this newfound interest in online education. The hike in the number of market competitors is bound to limit Byju’s market share. It also increases the threat of losing existing customers to newer and more innovative competitors.

  4. Byju’s struggles with improper inventory management. Its return on investment is also low because of high expenses.

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Peer Comparison

Market Peers Revenue (in million)
Vedantu $60 million
Unacademy $11.7 million
Toppr $7.9 million
TOPPER $73 million
Khan Academy $43.7 million
Meritnation $60 million
Extramarks $45 million
Embibe $1.5 million
Qriyo $ < 1 million
PLANCESS $ < 1 million

Byjus IPO FAQs

What is Byju’s IPO?

Byju’s IPO will comprise a mix of fresh and offer-for-sale share issues. The company aims to go public to accelerate its growth and expansion plan.

When will Byju’s IPO open for subscription?

The company is yet to share IPO subscription details.

What is the minimum lot size investors can subscribe to?

No information is released on this topic yet.

When is Byju’s IPO listing date?

We will update Byju’s IPO listing date as soon as the company releases its upcoming IPO details.

How will I receive shares?

Byju’s shares will be credited to your DEMAT account after the allotment process.

Who are the merchant bankers for Byju’s IPO?

Byju’s is yet to release information about the appointment of its merchant bankers.

What is the minimum order quantity for Byju’s IPO?

The minimum lot size for this upcoming IPO is yet to be disclosed.

Who is the registrar for Byju’s IPO?

Bigshare Services Private Limited will be the registrar for Byju’s IPO.

Who are the promoters of Byju’s?

Byju Raveendran, Divya Gokulnath, and Riju Raveendran are Byju’s promoters.

Who is the lead manager of Byju’s IPO?

HEM Securities Limited will be the lead manager of this IPO.

Who are the marquee investors of Byju’s?

Mary Meeker, Tencent, Yuri Milner, Sequoia Capital, Tiger Global, and Chan-Zuckerberg Initiative are the marquee investors of Byju’s.