Addictive Learning Technology Limited (Lawsikho IPO) IPO

Addictive Learning Technology Limited (Lawsikho IPO) is an NSE SME IPO listed on the NSE SME platform, priced at ₹130–₹140 per share. The stock debuted at ₹310, delivering a listing gain of 121.4%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,40,000.

Addictive Learning Technology Limited IPO (Lawsikho IPO)

NSE SME Listed
₹1,40,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 19, 2024 – Jan 24, 2024
Price band
₹130-140 per equity share
Minimum Investment
₹1,40,000
Issue size
₹60.16 Cr
Lot size
1000
Allotment Date
Jan 25, 2024
Listing
Jan 30, 2024
Listing At
NSE SME

IPO timeline

  1. Jan 19, 2024

    Open Date

    Completed

  2. Jan 24, 2024

    Close Date

    Completed

  3. Jan 25, 2024

    Allotment Date

    Completed

  4. Jan 30, 2024

    Listing Date

    Completed

Addictive Learning Technology Limited (Lawsikho IPO) IPO Essentials

Addictive Learning Technology Limited (Lawsikho IPO) IPO Details

Addictive Learning Technology Limited (Lawsikho IPO) IPO is priced at ₹130-140 per share with a total issue size of 60.16 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.

Issue price
₹130-140 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
4,297,000 shares(aggregating up to ₹60.16 Cr)
Total issue size
42,97,000 shares
(aggregating up to ₹60.16 crore)
Fresh issue
41,37,000 shares
(aggregating up to ₹57.92 crore)
Offer for sale (OFS)
1,60,000 shares
(aggregating up to ₹2.24 crore)
Listing at
NSE SME
List price
310.0
Listing date
Registrar
Maashitla Securities Private Limited
Lead manager
Narnolia Financial Services Ltd

Market Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1000 ₹1,40,000
Retail(max) 1 1000 ₹1,40,000
NII (min) 2 2,000 ₹2,80,000

Addictive Learning Technology Limited (Lawsikho IPO) IPO Documents

Addictive Learning Technology Limited (Lawsikho IPO) IPO Reservation

Addictive Learning Technology Limited (Lawsikho IPO) IPO reservation details show category-wise allocation of shares. Out of the total 4,296,000 shares, approximately 18.48% are reserved for QIB, 13.94% for NII, 32.47% for retail investors, 7.36% for market maker, and 27.75% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,192,000 (27.75%)
Market Maker Shares Offered 316,000 (7.36%)
QIB Shares Offered 794,000 (18.48%)
NII (HNI) Shares Offered 599,000 (13.94%)
Retail Shares Offered 1,395,000 (32.47%)
Total Shares Offered 4,296,000 (100%)

Addictive Learning Technology Limited (Lawsikho IPO) IPO Analytics

Addictive Learning Technology Limited (Lawsikho IPO) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Addictive Learning Technology Limited (Lawsikho IPO) IPO Subscription Status

Addictive Learning Technology Limited (Lawsikho IPO) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹2.10/-
EPS Post IPO
₹4.77/-
P/E Pre IPO
66.69
P/E Post IPO
29.37

Returns

ROE
119.79%
ROCE
157.53%
RoNW
119.79%

Fundamentals

Debt / Equity
0.08
Price / Book
0.29

Data sourced from DRHP / RHP • For educational purposes only

Addictive Learning Technology Limited (Lawsikho IPO) Financials( In Lakhs)

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

Addictive Learning Technology Limited (Lawsikho IPO) Company & Offer Insights

About Addictive Learning Technology Limited (Lawsikho IPO)

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)

Mr Ramanuj Mukherjee, Mr Abhyudaya Sunil Agarwal are the company's promoters of Addictive Learning Technology Limited (Lawsikho IPO).

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.

Addictive Learning Technology Limited (Lawsikho IPO) IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Addictive Learning Technology Limited 4.94 4.94 474.79 66.69 119.79 N/A Standalone
CL Educate Limited 2.41 2.41 48.76 32.56 4.96 2.18 Standalone
Career Point Limited 12.2 12.2 245.82 15.41 4.96 0.77 Standalone

Notes:

  1. Considering the nature and turnover of business of the Company, the peers are not strictly comparable. However, the same has been included for broader comparison.
  2. The P/E Ratio has been computed based on the closing market price of equity shares on October 23, 2023, divided by the Basic EPS.
  3. RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
  4. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Contact Information

Contact Details

Addictive Learning Technology Limited (Lawsikho IPO)

+91 124 4143608

compliance@lawsikho.in

https://lawsikho.com/

Unit No 334, Plot No 12, 3rd Floor, Road No-44, Vardhaman Big V Plaza, Pitampura, Landmark M2K, City Delhi-110034

Registrar Contact Details

Maashitla Securities Private Limited

+91-11-45121795-96

Investor.ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions

Click any question to reveal the answer

Addictive Learning Technology Limited (Lawsikho IPO) IPO is a book-built IPO worth ₹60.16 crore. The price band is ₹130–₹140 per share. The IPO opens on Jan 19, 2024 and closes on Jan 24, 2024. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.

The price band of Addictive Learning Technology Limited (Lawsikho IPO) IPO is ₹130 to ₹140 per share.

The lot size of Addictive Learning Technology Limited (Lawsikho IPO) IPO is 1000 shares.

The minimum investment for Addictive Learning Technology Limited (Lawsikho IPO) IPO is approximately ₹1,40,000 based on the upper price band .

Addictive Learning Technology Limited (Lawsikho IPO) IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.

The allotment date of Addictive Learning Technology Limited (Lawsikho IPO) IPO is Jan 25, 2024.

Addictive Learning Technology Limited (Lawsikho IPO) IPO is expected to be listed on Jan 30, 2024, on NSE SME Platform.

Addictive Learning Technology Limited (Lawsikho IPO) IPO valuation snapshot: P/E 29.37, EPS ₹4.77/-, P/B 0.29, RoNW 119.79%, and market cap N/A.

To apply for Addictive Learning Technology Limited (Lawsikho IPO) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Addictive Learning Technology Limited (Lawsikho IPO) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Addictive Learning Technology Limited (Lawsikho IPO) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Addictive Learning Technology Limited (Lawsikho IPO) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Addictive Learning Technology Limited (Lawsikho IPO) IPO allotment status on IPO Ji for quick and easy access.