Addictive Learning Technology(Lawsikho IPO) Limited Logo

Addictive Learning Technology(Lawsikho IPO) Limited

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Jan 19 to Jan 24, 2024
Price Band ₹130-140
Current GMP ₹310 (121.42%)
Subscription 273.12 times

IPO Details

IPO Date
January 19, 2024 to January 24, 2024
Listing Date
Tuesday, January 30, 2024
Face Value
₹10 per share
Price Band
₹133 to ₹140 per share
Lot Size
1000 Shares
Total Issue Size
4,297,000 shares (aggregating up to ₹60.16 Cr)
Fresh Issue
4,137,000 shares (aggregating up to ₹57.92 Cr)
Offer for Sale
160,000 shares of ₹10 (aggregating up to ₹2.24 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
11,772,732
Share holding post issue
15,909,732
Market Maker portion
316,000 shares Ss Corporate SecuritiesPrabhat Financial Services

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
116.27
Non-Institutional Buyers*
414.44
Retail Investors
301.71
Total **
273.12

Day Wise Sub

DayDay 1 Jan 19, 2024
QIB6.65
NII*20.74
Retail32.64
Total22.68
DayDay 2 Jan 23, 2024
QIB11.05
NII*95.20
Retail168.66
Total107.99
DayDay 3 Jan 24, 2024
QIB116.27
NII*414.44
Retail301.71
Total273.12

IPO Important Dates

IPO Open Date
Friday, January 19, 2024
IPO Close Date
Wednesday, January 24, 2024
Basis of Allotment
Thursday, January 25, 2024
Initiation of Refunds
Monday, January 29, 2024
Credit of Shares to Demat
Monday, January 29, 2024
Listing Date
Tuesday, January 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 24, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1000
Amount₹140,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹140,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹280,000

Financial Information

Period EndedPeriod Ended
31 Aug 202331 Aug 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Aug 20231,324.95
31 Mar 2023920.64
31 Mar 2022103.11
Period EndedRevenue
31 Aug 20232,482.36
31 Mar 20233,354.47
31 Mar 20221,859.34
Period EndedProfit After Tax
31 Aug 2023315.96
31 Mar 2023247.13
31 Mar 2022-49.07
Period EndedNet Worth
31 Aug 2023522.27
31 Mar 2023206.30
31 Mar 2022-40.82
Period EndedReserves and Surplus
31 Aug 2023512.17
31 Mar 2023196.20
31 Mar 2022-50.92
Period EndedTotal Borrowing
31 Aug 2023
31 Mar 202315.73
31 Mar 2022

Key Performance Indicator

ROE
119.79%
ROCE
157.53%
Debt/Equity
0.08
RoNW
119.79%
P/BV
0.29
EPS (Rs)
2.1

IPO Reservation

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%)

Information about company

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.

Disclaimer

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