Addictive Learning Technology Limited IPO (Lawsikho IPO)

NSE SME

Listed On: Jan 30, 2024 at ₹ 310.0

₹ 140000 /1000 Shares

Check Allotment

Addictive Learning Technology Limited (Lawsikho IPO) IPO Details

19 Jan, 2024

Open Date

24 Jan, 2024

Close Date

25 Jan, 2024

Allotment Date

30 Jan, 2024

Listing Date

Issue Price

₹130-140 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

List Price

310.0

Listing Date

2024-01-30

Market Lot

1000 Shares (₹140,000/-)

Lead Manager

Narnolia Financial Services Ltd

Issue Size

4,297,000 shares(aggregating up to ₹60.16 Cr)

Retail Portion

35%

Subscription

273.23 times

IPO Docs

RHP

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

Earnings Per Share (EPS)

₹4.94/-

P/E Ratio

N/A

RoNW

119.79%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Addictive 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 educational technology platform that primarily caters to senior and mid-career professionals, and sometimes young professionals, providing upskilling and career services.

The company offers courses and training programs to help individuals advance their skills. The company covers Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science under three different brands: LawSikho, Skill Arbitrage, and Dataisgood.

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.

As of October 2023, the company employs 145 full-time 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%

Company Promoter(s)

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.

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.