| Addictive Learning Technology Limited | SME | . | . |
Lawsikho IPO opens for subscription on January 19, 2024 and closes on January 23, 2024. The allotment for the Lawsikho IPO is expected to be finalized on Wednesday, January 24, 2024. Lawsikho IPO will list on NSE SME with tentative listing date fixed as Monday, January 29, 2024.
| Minimum Investment ₹140,000 /1 Lot (1000 shares) | Price Range ₹130-₹140 | |
| Max Quantity 1 Lots/1000 Shares | Max Investment ₹140,000 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 60.16 Cr | Employee Discount ₹0 |
| Total Issue Size 4,297,000 Shares (aggregating up to ₹60.16 Cr) | Share Holding Pree Issue 11,772,732 | Issue Type Book built Issue IPO |
| Fresh Issue Share 4,137,000 Shares (aggregating up to ₹57.92 Cr) | Share Holding Post Issue 15,909,732 | Listing At NSE SME |
| Offer for Sale 160,000 shares of ₹10 (aggregating up to ₹2.24 Cr) | Market Maker Portion 316,000 shares (Ss Corporate Securities Prabhat Financial Services) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 19 JAN 2024 |
| Offer Ends | 24 JAN 2024 |
| Allotment | 25 Dec 2024 |
| Refunds | 29 JAN 2024 |
| Credit of shares to Demat account | 29 JAN 2024 |
| IPO Listing | 30 JAN 2024 |
About Addictive Learning Technology Limited
- Incorporated in September 2017, Addictive Learning Technology Limited is an educational technology platform that primarily caters to senior and mid-career professionals, and sometimes young professionals, providing upskilling and career services.
- The company offers a comprehensive range of professional upskilling courses and training programs which include Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science through three distinct brands LawSikho, Skill Arbitrage and Dataisgood.
- They also cater to college students looking for advanced skills and recent graduates who are struggling to find jobs.
- The company also offers international bar exam courses, such as
- CANADA BAR EXAM: Indian lawyers who want to practice in Canada must pass the Canadian Barrister & Solicitor Exam and NCA exam.
- UK SOLICITOR QUALIFICATION EXAM: Indian lawyers can now train to qualify as solicitors in England and Wales by passing the solicitors’ qualifying exam (SQE).
- CALIFORNIA BAR EXAM: How to successfully pass the California Bar Exam and begin practising law in the United States.
- The company’s courses are accredited by the National Skill Development Corporation (NSDC), a PPP under the Ministry of Skill Development and Entrepreneurship of the Government of India. Upon successful completion of their chosen course, the learners are awarded a certificate that is co-branded by NSDC and Skill India.
| Founded In | Managing Director |
| 2017 | Mr. Ramanuj Mukherjee |
Addictive Learning Technology Limited IPO Prospectus
| Addictive Learning Technology Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Share Holding
| Share Holding Pre-Issue | 92.27% |
| Share Holding Post-Issue | 67.27% |
Financials
| Revenue | All values are in Rs. Lakhs |
| Year | Values |
| 2021 | ₹677.77 |
| 2022 | ₹1,859.34 |
| 2023 | ₹3,354.47 |
| Total Asset | |
| Year | Values |
| 2021 | ₹65.05 |
| 2022 | ₹103.11 |
| 2023 | ₹920.64 |
| Profit | |
| Year | Values |
| 2021 | -₹0.54 |
| 2022 | -₹49.07 |
| 2023 | ₹247.13 |
Fundamentals
| Values | Values | ||
| Market cap | 222.74 Cr | ROE | 119.79% |
| P/E (X) | 66.69 | ROCE | 157.53% |
| POST P/E (X) | 29.37 | EPS | 4.94 |
| Debt to Equity | 0.08 | RONW | 119.79% |
Objects of the Issue
- To meet out the expenses for Unidentified Acquisition for Company (In India or Abroad)
- To meet the expenses for Identified Acquisition.
- To meet out the expenses for Investment in Technology
- To meet out the expenses for development of new courses
- To meet out the Branding & Marketing Expenses for the Company
- To meet out the Working Capital requirements of the Company
- To meet out the General Corporate Purposes; and 8. To meet out the Issue Expenses.
Brokerage Firm IPO Review
- To be updated soon
| Addictive Learning Technology Limited Contact Details | |
| Address | Addictive Learning Technology Limited Unit No 334 Plot No 12, 3rd Floor Road No-44 Vardhaman, Big V Plaza Pitampura, Landmark M2K, City Delhi- 110034 |
| Phone: | +91 124 4143608 |
| compliance@lawsikho.in | |
| Website | https://lawsikho.com/ |
| Addictive Learning Technology Limited IPO Registrar | |
| . | Maashitla Securities Private Limited |
| Phone | +91-11-45121795-96 |
| ipo@maashitla.com | |
| Website | https://maashitla.com/allotment-status/public-issues |
| Addictive Learning Technology Limited IPO Allotment Status Check |
| Addictive Learning Technology Limited IPO Allotment Status Check Click Here |
| Addictive Learning Technology Limited Lead Managers | |
| Narnolia Financial Services Ltd Marble Arch, 2nd Floor, Office 201, 236b, A J C Bose Road, Kolkata 700020 | |
| Phone | 033-40501500 |
| narnoliacare@narnolia.com | |
| Website | https://www.narnolia.com/ |
Addictive Learning Technology Limited IPO FAQs
What is Addictive Learning Technology Limited IPO?
- Addictive Learning Technology Limited IPO is an NSE SME IPO. They are going to raise ₹60.16 Crores via IPO. The issue is priced at ₹130 to ₹140 per equity share. The IPO is to be listed on NSE.
When Addictive Learning Technology Limited IPO will open?
- The IPO is to open on January 19, 2023, for QIB, NII, and Retail Investors.
What is Addictive Learning Technology Limited IPO Investors Portion?
- The investors’ portion for QIB 50%, NII is 15%, and Retail is 35%.
What is Addictive Learning Technology Limited IPO Size?
- Addictive Learning Technology Limited IPO size is ₹60.16 crores.
What is Addictive Learning Technology Limited IPO Price Band?
- Addictive Learning Technology Limited IPO Price Band is ₹130 to ₹140 per equity share.
What is Addictive Learning Technology Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1000 Shares) with ₹140,000. and Maximum Lot Size 1 Lots (1000 Shares) with ₹140,000
What is Addictive Learning Technology Limited IPO Allotment Date?
- Addictive Learning Technology Limited IPO allotment date is January 24, 2024.
What is Addictive Learning Technology Limited IPO Listing Date?
- Addictive Learning Technology Limited IPO listing date is January 29, 2024. The IPO to list on NSE.