The Addictive Learning Technology IPO started on January 19, 2024, and ended on January 24, 2024. Shares were allocated on January 25, 2024, and refund processes began on January 29, 2024. On January 29, 2024, the shares were credited to investors demat accounts. Addictive Learning Technology was officially listed on the stock exchange on January 30, 2024.
During the IPO, Addictive Learning Technology offered shares at a price range of ₹133 to ₹140 per share, and the lot size was 1000 shares. The total issue size was ₹60.16 crores, with ₹57.92 crores from new shares and ₹2.24 crores from shares for sale. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Addictive Learning Technology IPO Subscription Update Video
Addictive Learning Technology IPO Subscription Status
The Addictive Learning Technology IPO on January 24, 2023 was subscribed 273.12 times, with the retail category being subscribed 301.71 times, the NII (Non-Institutional Investor) category being subscribed 414.44 times, the QIB (Qualified-Institutional Buyers) category being subscribed 116.27 times.
| Category | Subscription |
| QIB | 116.27x |
| NII | 414.44x |
| Retail | 301.71x |
| Total | 273.12x |
Addictive Learning Technology IPO Basic Details
| Company Name | Addictive Learning Technology Limited |
| Domain of Company | Ed-Tech Company |
| Addictive Learning Technology IPO Open Date | January 19, 2024 |
| Addictive Learning Technology IPO Close Date | January 24, 2024 |
| Addictive Learning Technology IPO Allotment Date | January 25, 2024 |
| Addictive Learning Technology IPO Listing Date | January 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹133 to ₹140 per share |
| Lot Size | 1000 Shares |
| Issue Size | 4,297,000 shares of ₹10 (aggregating up to ₹60.16 Cr) |
| Fresh Issue | 4,137,000 shares of ₹10 (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 |
| Company Promoters | Mr Ramanuj Mukherjee and Mr Abhyudaya Sunil Agarwal |
About Addictive Learning Technology Limited
Founded in September 2017, Addictive Learning Technology Limited is an education technology platform designed for professionals at various career stages. Whether you’re a seasoned pro, in the middle of your career, or just starting out, we’ve got you covered with upskilling and career services.
Our platform offers a range of courses and training programs to help you enhance your skills in areas like Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science. All of these are available under three different brands: LawSikho, Skill Arbitrage, and Dataisgood.
But that’s not all – we also provide specialized international bar exam courses:
- Canada Bar Exam: Indian lawyers aspiring to practice in Canada can prepare for and pass the Canadian Barrister & Solicitor Exam and NCA exam.
- UK Solicitor Qualification Exam: Indian lawyers now have the opportunity to qualify as solicitors in England and Wales by successfully completing the Solicitors’ Qualifying Exam (SQE).
- California Bar Exam: Learn how to successfully navigate and pass the California Bar Exam to kickstart your legal career in the United States.
Our courses are accredited by the National Skill Development Corporation (NSDC), a public-private partnership under the Ministry of Skill Development and Entrepreneurship of the Government of India. Upon completing your chosen course, you’ll receive a certificate co-branded by NSDC and Skill India.
As of October 2023, our team comprises 145 full-time employees and 444 dedicated professionals and consultants, all working together to provide you with top-notch services.
Addictive Learning Technology IPO Should you subscribe?
Addictive Learning Technology IPO More Details Click Here
Addictive Learning Technology IPO FAQs
What is the start and end date of Addictive Learning Technology IPO Subscription?
The Addictive Learning Technology IPO started on January 19, 2024 and ended on January 24, 2024.
When does Addictive Learning Technology IPO Subscription open?
The Addictive Learning Technology IPO open on January 19, 2024.
When does Addictive Learning Technology IPO Subscription close?
The Addictive Learning Technology IPO Close on January 24, 2024.
What is the allotment date of Addictive Learning Technology IPO?
The allotment date for Addictive Learning Technology IPO is January 25, 2024.
When is the initial refund date of Addictive Learning Technology IPO?
The initial Refund date for Addictive Learning Technology IPO is January 29, 2024.
When were the shares credited to investors demat accounts for the Addictive Learning Technology IPO?
The shares for the Addictive Learning Technology IPO were credited to investors demat accounts on January 29, 2024.
When will Addictive Learning Technology IPO be listed on the stock market?
Addictive Learning Technology IPO stock market will be listed on January 30, 2024 at 10 am.
What was the price range of the Addictive Learning Technology IPO shares?
The Addictive Learning Technology IPO shares were offered at a price range of ₹133 to ₹140 per share.
What was the lot size for the Addictive Learning Technology IPO shares?
The lot size for the Addictive Learning Technology IPO shares was 1000 shares.
How were the shares allocated among different types of investors for the Addictive Learning Technology IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Addictive Learning Technology IPO listed?
The Addictive Learning Technology IPO was listed on the NSE SME.
What is the Addictive Learning Technology IPO Subscription Status?
Addictive Learning Technology IPO is subscribed 273.12 Times.
