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We will be happy to address your issue. Aakash Educational Services Ltd, a coaching centre network for medical and engineering entrance exams, has gone online. ET Now | 12 Jan 2021, 10:37 PM IST. Leading edtech company BYJU'S is reportedly acquiring Delhi-based offline test preparatory services provider Aakash Educational Services for $ one … 500,000,000 and its paid up capital is Rs. AEPL will provide an online platform for students to access live test preparation classes and live tuitions combined with self-study materials. 2. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … NEW DELHI: Engineering and medical entrance test preparation company Aakash Education Services on Thursday filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an initial public offering. 337,981,376. The firm has launched a digital learning experience with Aakash iConnect. AAKASH EDUCATIONAL SERVICES LIMITED Designed for iPad 3.0 • 80 Ratings; Free; Screenshots. The deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months. Rajveer_100 , 04/01/2020. Cut to 2019. Thank You!! Once Aakash came in, the company started to expand rapidly to places such as Mumbai. Aakash Educational Services runs Aakash Institute, which has over 200 brick and mortar centers and tutors students to gain entry … The new subsidiary will comprise Aakash Digital and Meritnation businesses. Aakash Exploration IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹10.08 Crores. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi. $1 billion mega deal. 1. An email sent to BYJU’S on Wednesday did not elicit any response. Blackstone Group-backed Aakash Educational Services runs the well known Aakash Institute. Aakash Exploration Services Share Price, Stock Analysis, Buy/Sell Signal, Targets, Charts, Latest News, Technical Analysis, Fundamental Analysis, Live NSE/BSE Updates, Financial data and Ratios. Aakash Institute, a tiny private coaching outfit is launched out of a room in Ganesh Nagar, West Delhi. We enable students to prepare for Competitive Exams like JEE, Olympiads ,NTSE, NEET & school exams from Grade 8 till 12. India’s biggest online-education startup Byju’s has signed a deal to acquire Blackstone-backed Aakash Educational Services for $1 billion, reported … Read more about Byju's to pay $1 billion for Blackstone-backed Aakash Educational Services on Business Standard. Today, as Aakash Educational Services … Circa 1988. Aakash Educational Services sets global goals The company has diversified from a classroom test prep provider to an edtech company with a digital focus and global aspirations. New Delhi: Private equity firm Blackstone has picked up 37.5 per cent stake in competitive examination preparation firm Aakash Educational Services Ltd for Rs 1,350 crore valuing the institution at USD 500 million (over Rs 3,545 crore), according to sources. NEW DELHI: Aakash Education Services (AESPL), which runs Aakash Institute is planning an initial public offer (IPO) to raise Rs 1,000 crore for its expansion plans. Aakash Educational Services Limited (AESL) has grown from a single centre and currently operates a network of 186+ Aakash Centres (including Franchisee) across India. Private equity firm Blackstone picks up 37.5 per cent stake in the same company, valuing it at around $500 million. Byjus. Stable Share Price: AAKASH is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week. Info Edge to sell shares in Meritnation to Aakash Educational Services for Rs 50 cr The filing did not disclose the number of shares involved in the transaction. New Delhi: Leading edtech company BYJU’S is reportedly acquiring Delhi-based offline test preparatory services provider Aakash Educational Services for $ one billion (nearly Rs 7,300 crore), the media reported. Byju’s signs billion-dollar deal to acquire Aakash Educational Services. In 2019, Byju’s also bought the US-based educational gaming company, Osmo, for a whopping $120 million in a stock-and-cash deal. How has Aakash Exploration Services's share price performed over time and what events caused price changes? 02 Aug, 2020, 07.11 AM IST Post a Comment. Aakash Educational Services Limited is a Public incorporated on 15 October 2007. India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd. for $1 billion, according to a person with knowledge of the talks. Market Performance. aakash educational services. Please share your detailed issue along with your PSID, Mobile No and device details to firstname.lastname@example.org. Share your tips here: https://forms.gle/13s6GUUvHTcg3zfN9 #aakashalumni #examstress Byju's in talks to buy Aakash Educational Services for $700 million business-standard.com - Peerzada Abrar. Byju's to acquire Blackstone-backed Aakash Educational Services for $1 billion indiatoday.in - India Today Web Desk. Aakash Institute runs over 200 operational brick-and-mortar centres across India with a student-base of over 250,000 students as mentioned on the company website. According to the publication, Byju’s will pay $1 billion to buy Aakash Educational Services, which was founded in 1988 and serves more than 250,000 students. Edtech decacorn Byju’s is in talks to acquire exam preparation firm Aakash Educational Services Limited for about $700 million-$750 million, … When asked about the value of the deal, a … Welcome to Aakash. Byju's has apparently secured a deal for acquiring Blackstone backed Aakash Educational Services Ltd for $1 billion. The-milestones-for-Aakash-Educational-Services. Company profile page for Aakash Educational Services Ltd including stock price, company news, press releases, executives, board members, and contact information Enroll Now in Aakash Institute. Read more about Aakash Educational Services acquires ed-tech firm Applect for Rs 100 crore on Business Standard. 6495 views. Get Started. You can also call us on our tollfree number 8800198748. The IPO opens on Apr 17, 2018, and closes on Apr 19, 2018.. Skyline Financial Services Private Ltd is the registrar for the IPO. The minimum order quantity is 2000 Shares. The initial public offer will see sale of 1.85 crore equity shares by promoters, according to the draft papers filed with Securities and Exchange Board of India (Sebi). 03 January 2020 Last Updated at 6:31 pm | Source: PTI ; Info Edge to sell shares in Meritnation to Aakash Educational Services for Rs 50 cr. Volatility Over Time: AAKASH's weekly volatility (3%) has been stable over the past year. Calling out Aakash Alumni to share tips & strategies to reduce exam anxieties. Byju's to acquire Aakash Educational Services for $1 billion: Report The deal, one of the largest ed-tech acquisitions in the world, will be closed in the next two to three months. Its authorized share capital is Rs. Aakash Educational Services runs Aakash Institute, which has over 200 brick and mortar centres and tutors students to gain entry into the country’s elite engineering and medical schools. Latest Share Price and Events. 7 Day Return. Aakash Educational Services is backed by Blackstone Group Inc., a US-based private equity alternate investment management company. View today’s ASX share price, options, bonds, hybrids and warrants. Aakash. Aakash Educational Services bets big on digital edutech, remote learning demands. Aakash Educational Services sets up subsidiary for digital business In October 2019, private equity firm Blackstone had bought stake in AESL to build an omni-channel education company. Read more on. Aakash student: Login with your PSID/Mobile no./Email ID. The first Franchisee Centre was started in 1997. The deal may close in the next two-three months, reports Bloomberg. Embed. Copy URL . Follow @EconomicTimes. The issue is priced at ₹56 per equity share. Aakash Institute has become an unparalleled name in the arena of quality coaching & guidance for Medical, Engineering and Secondary Classes. India's Best Coaching for NEET (UG), IIT JEE Main, JEE Advanced, Class 6 to 12, NTSE, KVPY Olympiad & Other Competitive Exams.
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