Lawsikho (Addictive Learning Technology Limited) IPO Date, price, Allotment Details

Addictive Learning Technology LimitedSME..
Addictive Learning Technology Limited Details

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 Starts19 JAN 2024
Offer Ends24 JAN 2024
Allotment25 Dec 2024
Refunds29 JAN 2024
Credit of shares to Demat account29 JAN 2024
IPO Listing30 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 InManaging Director
2017Mr. Ramanuj Mukherjee

Addictive Learning Technology Limited IPO Prospectus

Addictive Learning Technology Limited IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Share Holding

Share Holding Pre-Issue92.27%
Share Holding Post-Issue67.27%

Financials

RevenueAll values are in Rs. Lakhs
YearValues
2021₹677.77
2022₹1,859.34
2023 ₹3,354.47
All values are in Rs. Lakhs
Total Asset
YearValues
2021₹65.05
2022₹103.11
2023₹920.64
All values are in Rs. Lakhs
Profit
YearValues
2021-₹0.54
2022-₹49.07
2023 ₹247.13

Fundamentals

ValuesValues
Market cap222.74 CrROE119.79%
P/E (X)66.69ROCE157.53%
POST P/E (X)29.37EPS4.94
Debt to Equity0.08RONW119.79%

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
AddressAddictive 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
E-mailcompliance@lawsikho.in
Websitehttps://lawsikho.com/
Addictive Learning Technology Limited
IPO Registrar
.Maashitla Securities Private Limited
Phone+91-11-45121795-96
E-mailipo@maashitla.com
Websitehttps://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
Phone033-40501500
E-mailnarnoliacare@narnolia.com
Websitehttps://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.