Addictive Learning Technology Limited IPO
- IPO Date19 Jan, 2024 to 24 Jan, 2024
- Listing Date30 Jan, 2024
- Face Value₹10 per share
- Issue Price₹133 to ₹140 per share
- Lot Size1000 Shares
- Minimum Investment₹1,40,000
- Listing AtNSE SME
- Total Issue Size42,97,000 Shares
(aggregating up to ₹60.16 Cr) - Fresh Issue41,37,000 Shares
(aggregating up to ₹57.92 Cr)
- Offer for Sale1,60,000 Shares
(aggregating up to ₹2.24 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue1,17,72,732
- Shareholding post issue1,59,09,732
IPO Dates
Closing Date
24 Jan, 2024
Initiation of Refunds
25 Jan, 2024
Listing Date
29 Jan, 2024
19 Jan, 2024
Opening Date
24 Jan, 2024
Basis of Allotment
25 Jan, 2024
Credit of Shares
Addictive Learning Technology Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below 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 |
| HNI (Min) | 2 | 2000 | ₹2,80,000 |
Addictive Learning Technology Limited Promoter Holding
The promoters of the company are Mr Ramanuj Mukherjee and Mr Abhyudaya Sunil Agarwal.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 92.27% | 67.27% |
Addictive Learning Technology Limited COMPANY INFORMATION
Lawsikho IPO is a book built issue of Rs 60.16 crores. The issue is a combination of fresh issue of 41.37 lakh shares aggregating to Rs 57.92 crores and offer for sale of 1.6 lakh shares aggregating to Rs 2.24 crores. 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. Lawsikho IPO price band is set at ₹130 to ₹140 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹280,000. Narnolia Financial Services Ltd is the book running lead manager of the Lawsikho IPO, while Maashitla Securities Private Limited is the registrar for the issue. Refer to Lawsikho IPO DRHP for detailed information.
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 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.
FAQs About Addictive Learning Technology Limited Ipo
Addictive Learning Technology Limited IPO will open on 19 Jan, 2024 and close on 24 Jan, 2024. Investors must apply within this period to participate.
The Addictive Learning Technology Limited IPO price band is set between ₹133.00 and ₹140.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹140000.00.
The Addictive Learning Technology Limited IPO shares are expected to be listed on 30 Jan, 2024, subject to regulatory approvals and final allotment.
You can track your Addictive Learning Technology Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Addictive Learning Technology Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.