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05 Mar, 2026
Addictive Learning Technology Limited IPO
Addictive Learning Technology Ltd. (ALTL) has a tag of LawSikho which was its prime activity, but now the also provides international bar exam courses such as the CANADA BAR EXAM: Canadian Barrister & Solicitor Exam & NCA exam for Indian lawyers who want to practice in Canada, UK SOLICITOR QUALIFICATION EXAM: Training for Indian lawyers to crack the solicitors Qualifying Exam (SQE) and qualify as a solicitor in England and Wales, CALIFORNIA BAR EXAM: How to crack the California Bar Exam and start your legal practice in the US. These courses are meticulously designed to cater to learners who are looking to enhance their career growth by getting into new practice areas or entering new markets. It provides practical and industry-oriented courses designed to bridge the gap between theoretical education and practical application.
Lawsikho IPO is a book-built issue of Rs 60.16 crores. The issue is a combination of a fresh issue of 41.37 lakh shares aggregating to Rs 57.92 crores and an offer for sale of 1.6 lakh shares aggregating to Rs 2.24 crores. The Lawsikho IPO price band is set at ₹133 to ₹140 per share. The minimum lot size for an application is 1000 Shares. 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. The market makers for Lawsikho IPO are Ss Corporate Securities and Prabhat Financial Services.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Addictive Learning Technology Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Addictive Learning Technology Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | January 19, 2024 to January 24, 2024 |
| Listing Date | 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 Securities Prabhat Financial Services |
Addictive Learning Technology Limited IPO Timeline
| Detail | Description |
|---|---|
| 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 |
Addictive Learning Technology Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| HNI (Min) | 2 | 2,000 | ₹280,000 |
Addictive Learning Technology Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 92.27% |
| Share Holding Post Issue | 67.27% |
Competitive Strength:
- -
Addictive Learning Technology Limited IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Aug 2023 | 1,324.95 | 2,482.36 | 315.96 | 522.27 | - | - | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 920.64 | 3,354.47 | 247.13 | 206.30 | - | 15.73 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 103.11 | 1,859.34 | -49.07 | -40.82 | - | - | ||||||||||||||||||||||||||||||||||
| 31 Mar 2021 | 65.05 | 677.77 | -0.54 | -1.75 | - | - | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 119.79% |
| ROCE | 157.53% |
| Debt/Equity | 0.08 |
| RoNW | 119.79% |
| P/BV | 0.29 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.1 | 4.77 |
| P/E (x) | 66.69 | 29.37 |
Objectives of Lawsikho IPO
The objectives of the Issue are:-
- 1. To meet the expenses for Unidentified Acquisition for Company (In India or Abroad).
- 2. To meet the expenses for Identified Acquisition.
- 3. To meet the expenses for Investment in Technology.
- 4. To meet the expenses for the development of new courses.
- 5. To meet the Branding & Marketing Expenses for the Company.
- 6. To meet the Working Capital requirements of the Company.
- 7. To meet out the General Corporate Purposes; and 8. To meet out the Issue Expenses.
Lawsikho IPO Review
The company that started with Law courses is now heading for diverse online courses that include online training/ placement and resolution in faster mode at economical rates. The future trends are indicated by its performance for the last 18 months. It has now become a global player and is expanding its footprint. Though based on its annualized FY24 earnings, the issue appears fully priced, considering current trends, investors may park funds for the medium to long-term rewards.
RHP:
View RHPRead more :
Frequently Asked Questions (FAQs)
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When will Addictive Learning Technology Ltd's IPO be allotted?
The date of allotment is January 25, 2024.
-
When will Addictive Learning Technology Ltd's IPO open for subscription?
The IPO subscription window is from Friday, January 19, 2024, to Tuesday, January 23, 2024.
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What minimum lot size can retail investors subscribe to?
The lot size for the IPO is 1,000 shares.
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When will Addictive Learning Technology Ltd list on exchanges?
The listing date for Additive Technologies is Monday, January 29, 2024.
-
What would be the listing gains on the Addictive Learning Technology Ltd IPO?
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The date of listing is Monday, January 29, 2024.
