Addictive Learning Technology Limited IPO (Lawsikho IPO)
NSE SMEListed On: Jan 30, 2024 at ₹ 310.0
₹ 140000 /1000 Shares
Check Allotment19 Jan, 2024
Open Date24 Jan, 2024
Close Date25 Jan, 2024
Allotment Date30 Jan, 2024
Listing DateIssue Price
₹130-140 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Maashitla Securities Private LimitedList Price
310.0Listing Date
2024-01-30Market Lot
1000 Shares (₹140,000/-)Lead Manager
Narnolia Financial Services LtdIssue Size
4,297,000 shares(aggregating up to ₹60.16 Cr)Retail Portion
35%Subscription
273.23 timesAddictive Learning Technology Limited (Lawsikho IPO) IPO Details
Addictive Learning Technology Limited IPO (Lawsikho IPO) is an SME IPO, priced at ₹130-140 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 42,97,000 equity shares, aggregating up to ₹60.16 crores..
The IPO bidding window is open from Jan 19, 2024 to Jan 24, 2024. The allotment is expected to be finalized on Jan 25, 2024, and the tentative listing date is Jan 30, 2024.
The minimum lot size for retail investors is 1000 shares, with a minimum investment of ₹1,40,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,80,000.
Narnolia Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Ss Corporate Securities Limited Prabhat Financial Services Ltd. will act as the market maker for this issue.
Addictive Learning Technology Limited (Lawsikho IPO) IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 794,000 / 599,000 | 1,395,000 | 2,788,000 |
| Day 1 - 19-01-24 06:00 PM | 6.65 / 20.74 x | 32.64 x | 22.68 x |
| Day 2 - 23-01-24 06:00 PM | 11.05 / 95.20 x | 168.66 x | 107.99 x |
| Day 3 - 24-01-24 06:00 PM | 116.27 / 414.96 x | 301.71 x | 273.23 x |
Addictive Learning Technology Limited (Lawsikho IPO) Valuations
EPS Pre IPO
₹2.10/-EPS Post IPO
₹4.77/-P/E Pre IPO
66.69P/E Post IPO
29.37ROE
119.79%ROCE
157.53%Debt/Equity
0.08RoNW
119.79%Price to Book Value
0.29Addictive Learning Technology Limited (Lawsikho IPO) Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 920.64 | 103.11 | 65.05 |
| Revenue | 3,354.47 | 1,859.34 | 677.77 |
| Profit After Tax | 247.13 | -49.07 | -0.54 |
About The Company
Addictive Learning Technology Limited is an edtech platform founded in September 2017, majorly serving senior and mid-career professionals, sometimes young professionals, for upskilling and career services.
Courses and training are offered by the company for the betterment of one's skills. Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science are provided under three brands: LawSikho, Skill Arbitrage, and Dataisgood.
The firm also runs courses of international bar examinations, including:
CANADA BAR EXAM: The Indian lawyer aspiring to be a Canadian practitioner needs to pass the Canadian Barrister & Solicitor Exam and the NCA exam
UK SOLICITOR QUALIFICATION EXAM: Trainee solicitors are possible for Indian lawyers. These trainee solicitors in England & Wales can find qualification through the solicitors' qualifying examination-SQE.
CALIFORNIA BAR EXAM: How to successfully pass the California Bar Exam and start practicing law in the United States.
Its courses are certified by the National Skill Development Corporation (NSDC) under the Government of India that operates as a PPP under the Ministry of Skill Development and Entrepreneurship. After a successful accomplishment of their selected course, the learners are given a certification co-branded by NSDC and Skill India.
As of October 2023, the company had 145 employees and 444 full-time professionals/consultants providing their services.
Addictive Learning Technology Limited (Lawsikho IPO) - Promoter(s)
Pre Issue Share Holding: 92.27%
Post Issue Share Holding: 67.27%
- Mr Ramanuj Mukherjee
- Mr Abhyudaya Sunil Agarwal
Addictive Learning Technology Limited (Lawsikho IPO) IPO - Issue Objectives
- 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
- To meet out the Issue Expenses.
Other Details
Addictive Learning Technology Limited (Lawsikho IPO)
Unit No 334, Plot No 12, 3rd Floor, Road No-44, Vardhaman Big V Plaza, Pitampura, Landmark M2K, City Delhi-110034Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Addictive Learning Technology Limited (Lawsikho IPO) IPO - FAQs
Ans. Addictive Learning Technology Limited IPO (Lawsikho IPO) is a SME IPO. The issue is priced at ₹130-140 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jan 19, 2024, and closes on Jan 24, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Addictive Learning Technology Limited IPO (Lawsikho IPO) opens on Jan 19, 2024 and closes on Jan 24, 2024.
Ans. The size of Addictive Learning Technology Limited IPO (Lawsikho IPO) is 4,297,000 shares(aggregating up to ₹60.16 Cr).
Ans. The IPO price band is set between ₹130-140 per equity share.
Ans. To apply for Addictive Learning Technology Limited IPO (Lawsikho IPO) IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Addictive Learning Technology Limited IPO (Lawsikho IPO) in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Addictive Learning Technology Limited IPO (Lawsikho IPO) is Jan 25, 2024.
Ans. The Addictive Learning Technology Limited IPO (Lawsikho IPO) will be listed on Jan 30, 2024.
Ans. Follow the steps to check the allotment status for Addictive Learning Technology Limited IPO (Lawsikho IPO) here.
