Addictive Learning Technology IPO Details ( Addictive Learning Technology Limited IPO Review )
(19 Jan 2024 – 24 Jan 2024)
Established in September 2017, Addictive Learning Technology Limited is an educational tech platform designed for professionals at various career stages, including seniors, mid-career individuals, and sometimes, young professionals. The platform focuses on upskilling and career services.
Our company offers a range of courses and training programs to help individuals enhance their skills. We cover diverse fields such as Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science through three distinct brands: LawSikho, Skill Arbitrage, and Dataisgood.
Additionally, we provide specialized international bar exam courses, including:
- CANADA BAR EXAM: Tailored for Indian lawyers aiming to practice in Canada, covering the Canadian Barrister & Solicitor Exam and NCA exam.
- UK SOLICITOR QUALIFICATION EXAM: Indian lawyers can now qualify as solicitors in England and Wales by passing the Solicitors Qualifying Exam (SQE).
- CALIFORNIA BAR EXAM: Guidance on successfully passing the California Bar Exam for those looking to practice law in the United States.
Our 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 completion, learners receive a certificate co-branded by NSDC and Skill India.
As of October 2023, our company boasts a team of 145 full-time employees and 444 dedicated full-time professionals and consultants providing their services.
Addictive Learning Technology Limited IPO Competitive Strength
- Prioritizing skill development, with remote presence and a focus on Innovation
- Synergistic AI Integration for Enhanced Customer Engagement and Sales Excellence
- Strategic Collaboration with NSDC for Industry-Aligned Skill Development
- Infusing Practical Industry Experience into Education by engaging industry expert
- Diversified Courses Library
- Strong brand equity
Addictive Learning Technology IPO Financials Performance ( Results )
Addictive Learning Technology Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 65.05 | 677.77 | -0.54 | -0.01 | -1.75 | -1.59 | -1.85 | |
| 31-Mar-22 | 103.11 | 1,859.34 | -49.07 | -0.98 | -40.82 | -37.11 | -50.92 | |
| 31-Mar-23 | 920.64 | 3,354.47 | 247.13 | 4.94 | 206.30 | 187.55 | 196.20 | 15.73 |
| 31-Aug-23 | 1,324.95 | 2,482.36 | 315.96 | 6.32 | 522.27 | 474.79 | 512.17 |
Objective of Addictive Learning Technology IPO Issue
- 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; and 8. To meet out the Issue Expenses.
Addictive Learning Technology IPO Basic Details
| IPO Date | Jan 19, 2024 to Jan 24, 2024 |
| Listing Date | Tuesday, 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 |
| Share holding pre issue | 11,772,732 |
| Share holding post issue | 15,909,732 |
| Company Promoters | Mr Ramanuj Mukherjee and Mr Abhyudaya Sunil Agarwal |
Addictive Learning Technology IPO Reservation
| Anchor Investor Shares Offered | 27.75% of the Net Issue |
| Market Maker Shares Offered | 7.36% of the Net Issue |
| QIB Shares Offered | 18.48% of the Net Issue |
| NII (HNI) Shares Offered | 13.94% of the Net Issue |
| Retail Shares Offered | 32.47% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
Addictive Learning IPO Timetable
Addictive Learning IPO will open on January 19, 2024 and close on January 24, 2024. You can join Addictive Learning IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 19 January 2024 (Friday) |
| Closing Date | 24 January 2024 (Wednesday) |
| Basis of Allotment | 25 January 2024 (Thursday) |
| Initiation of Refunds | 29 January 2024 (Monday) |
| Credit of Shares to Demat | 29 January 2024 (Monday) |
| Listing Date | 30 January 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 24 January 2024 |
Lawsikho IPO Lot Size
For retail investors in Lawsikho IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| S-HNI (Min) | 2 | 2000 | ₹280,000 |
Addictive Learning Technology IPO Promoter Holding
The company’s promoters include Mr Ramanuj Mukherjee and Mr Abhyudaya Sunil Agarwal.
| Pre Issue Share Holding | 92.27% |
| Post Issue Share Holding | 67.27% |
Addictive Learning Technology Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 222.74 |
| Earning Per Share (EPS) | ₹4.77 per Equity Share |
| Net Asset Value (NAV) | ₹187.55 per Equity Share |
| P/E Ratio (P/E) (x) | 66.69 |
| Post P/E Ratio (P/E) (x) | 29.37 |
| Return on Net Worth (RoNW) (%) | 119.79 |
| Return on equity (ROE) (%) | 119.79 |
| Return on Capital Employed (ROCE) (%) | 157.53 |
| Debt/Equity Ratio | 0.08 |
| Price/Book Value Ratio | 0.29 |
Addictive Learning Technology Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Addictive Learning Technology Limited | Consolidated | 140.00 | 10 | 4.94 | 29.37 | 119.79 | 474.79 |
| Peer Group | |||||||
| CL Educate Limited | Consolidated | 106.10 | 10 | 2.41 | 32.56 | 4.96 | 48.76 |
| Career Point Limited | Consolidated | 188.70 | 10 | 12.20 | 15.41 | 4.96 | 245.82 |
Addictive Learning Technology IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹165 | – | – |
| 24 January 2024 | ₹165 | – | – |
| 23 January 2024 | ₹155 | – | – |
| 22 January 2024 | ₹145 | – | – |
| 21 January 2024 | ₹130 | – | – |
| 20 January 2024 | ₹100 | – | – |
Addictive Learning Technology IPO Detail Video:
link
Addictive Learning Technology IPO Subscription Status (Bidding Detail)
The Addictive Learning Technology IPO on January 24, 2024 at 7:30:00 PM 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, 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 Prospectus
| Addictive Learning Technology IPO DRHP | Download |
| Addictive Learning Technology IPO RHP | Download |
| Addictive Learning Technology IPO Anchor Investors Details PDF | Download |
Addictive Learning Technology IPO Rating
| Our Rating | 4.0/5.0 |
Addictive Learning Technology Company Contact Information
Addictive Learning Technology Limited
Registered Office: Unit No 334 Plot No 12, 3rd Floor Road No-44 Vardhaman Big V Plaza Pitampura, Landmark M2K, City Delhi- 110034
Tel: +91 124 4143608
Fax: N.A.
Website: https://lawsikho.com/
E-mail: compliance@lawsikho.in
Company Secretary and Compliance Officer: Ms. Komal Shah
Our Promoters: Ramanuj Mukherjee and Abhyudaya Sunil Agarwal
Addictive Learning Technology IPO Registrar
Maashitla Securities Private Limited
Address: 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi 110034, India
Telephone: 011-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Contact Person: Mr. Mukul Agrawal
SEBI Registration Number: INR000004370
CIN: U67100DL2010PTC208725
Addictive Learning Technology IPO Lead Manager
Narnolia Financial Services Limited
Address: 201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road, Kolkata, West Bengal- 700020, India
Telephone: +91- 8130678743;
Email: pankaj.passi@narnolia.com
Website: www.narnolia.com
Contact Person: Mr. Pankaj Pasi
SEBI Registration Number: INM000010791
CIN: U51909WB1995PLC072876
Addictive Learning Technology IPO FAQs
What is the lot size of Addictive Learning Technology IPO?
The total size of Addictive Learning Technology IPO is ₹60.16 crores out of which ₹57.92 crores is fresh issue and ₹2.24 crores is offer for sale (OFS).
When will Addictive Learning Technology IPO start?
Addictive Learning Technology IPO will open from 19 January 2024 and IPO will close on 24 January 2024.
What is the open date of Addictive Learning Technology IPO?
Addictive Learning Technology IPO will open date from 19 January 2024.
What is the last date ( close date ) of Addictive Learning Technology IPO?
Addictive Learning Technology IPO will close from 24 January 2024.
What is the price band of Addictive Learning Technology IPO?
Addictive Learning Technology IPO price band is ₹133 to ₹140. ( Upper Price Band: ₹140, Lower Price Band: ₹133 )
What is the minimum amount required to apply for Addictive Learning Technology IPO?
The minimum investment for retailers to apply for Addictive Learning Technology IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Addictive Learning Technology IPO?
View gray market premium of Addictive Learning Technology IPO by Clicking Here
How much is the GMP of Addictive Learning Technology IPO?
Watch Addictive Learning Technology IPO GMP Today: Click Here
What is the allotment date of Addictive Learning Technology IPO?
The allotment date of Addictive Learning Technology IPO is 25 January 2024.
How to check allotment status in Addictive Learning Technology IPO?
To check the allotment status of Addictive Learning Technology IPO, first of all go to the registrar website by clicking here, select your bad Addictive Learning Technology IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Addictive Learning Technology IPO?
The listing date of Addictive Learning Technology IPO is 30 January 2024.
How much will be the listing gain in Addictive Learning Technology IPO?
View listing gain of Addictive Learning Technology IPO by Clicking Here
How much time Addictive Learning Technology IPO is subscribed?
Total 273.12 times subscribed in Addictive Learning Technology IPO out of which 301.71
times subscription was done in retail quota, 414.44 times subscription in NII quota and 116.27 times subscription in QIB quota.
How to apply for Addictive Learning Technology IPO from Upstox?
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