Addictive Learning Technology Ltd
Price Range
₹130 - ₹140
Min. Quantity
1,000
Closes on
24 January 2024
Min. investment
₹1,40,000/1,000 Shares
Addictive Learning Technology Ltd IPO Timeline
Addictive Learning Technology Limited was originally incorporated as a Private Limited Company in the name and style of ' Addictive Learning Technology Private Limited' dated September 12, 2017, issued by the Registrar of Companies, Delhi. The Company converted into Public Company and name of the Company was changed to ' Addictive Learning Technology Limited' through fresh Certificate of Incorporation dated September 29, 2023 by RoC, Delhi.
| Event | Date |
|---|---|
| Addictive Learning Technology Ltd IPO Opening Date | 19 January 2024 |
| Addictive Learning Technology Ltd IPO Closing Date | 24 January 2024 |
| Basis of Allotment | 25 January 2024 |
| Initiation of Refunds | 25 January 2024 |
| Credit of Shares to Demat | 26 January 2024 |
| Addictive Learning Technology Ltd IPO Listing Date | 30 January 2024 |
Addictive Learning Technology Ltd IPO Details
| Addictive Learning Technology Ltd IPO Date | 19 January 2024 to 24 January 2024 |
| Addictive Learning Technology Ltd IPO Face Value | ₹10 per share |
| Addictive Learning Technology Ltd IPO Price | ₹130 to ₹140 per share |
| Addictive Learning Technology Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹60.16 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹57.92 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹2.24 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ramanuj Mukherjee, Abhyudaya Sunil Agarwal |
Addictive Learning Technology Ltd IPO Lot Size
The Addictive Learning Technology Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,40,000 |
| Maximum | 1 | 1,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Good track record.
- Cordial relations with its students, learners.
- Leveraging the experience of its Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with its Employees and Professionals.
- Quality assurance and control.
- Quality Deliverables.
Company Financials
Addictive Learning Technology Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 78.62 | 63.96 | 6.53 |
| 03-2023 | 8.84 | 33.54 | 2.47 |
| 03-2022 | 1.03 | 18.59 | -0.49 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Unidentifies Acquisition (In India & Abroad)
- Identifies Acquisition
- Investment in Technology
- Development of New Courses
- Branding & Marketing Expenses
- Working Capital Requirement
- General Corporate Purposes
Addictive Learning Technology Ltd IPO Promoter Holding
| Pre Issue Share Holding | 38.36% |
| Post Issue Share Holding | 27.9% |
Addictive Learning Technology Ltd IPO Subscription Status (Bidding Detail)
The Addictive Learning Technology Ltd IPO is subscribed 177.2793 times on 24 January 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 177.2793 |
Addictive Learning Technology Ltd IPO Prospectus
Addictive Learning Technology Ltd IPO Listing Date
| Listing Date | 30 January 2024 |
| BSE Script | 92466 |
| NSE Symbol | LAWSIKHO |
| Listing In | NSE - SME |
| ISIN | INE0RDH01021 |
| IPO Price | ₹140 |
| Face Value | ₹10 |
Company Contact Information
U #334 P # 12 3rd Flr Rd # 44Vardha.Big V Plaza Pitampura,Delhi-110034
Phone: +91 124 4143608
Email: compliance@lawsikho.in
Website: https://lawsikho.com
Addictive Learning Technology Ltd IPO Registrar
Addictive Learning Technology Ltd IPO Lead Manager(s)
- Narnolia Financial Services Ltd
FAQ
What is the issue size of Addictive Learning Technology Ltd IPO?
I have pre-applied for Addictive Learning Technology Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.