Addictive Learning Technology (NSE SME)
January 19, 2024 – January 24, 2024
| Price | ₹133 - ₹140 |
| Premium | ₹175 |
|---|---|
| Lot size | 1000 |
| Allotment | Jan 25, 2024 |
| Listing | Jan 30, 2024 |
Addictive Learning Technology Limited
Unit No 334 Plot No 12,
3rd Floor Road No-44 Vardhaman, Big V Plaza
Pitampura, Landmark M2K, City Delhi- 110034
Phone: +91 124 4143608
Email: compliance@lawsikho.in
Website: https://lawsikho.com/
Last updated on 24-Jan-2024 17:33:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 794000 | 92321000 | 116.27 |
| NIB | 599000 | 248563000 | 414.96 |
| RETAIL | 1395000 | 420884000 | 301.71 |
| Total | 2788000 | 761768000 | 273.23 |
| Retail Apps | 420884 | © IPO Premium | |
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹77.99 | @8% ₹89.13 | @9% ₹100.27 | @10% ₹111.41 | @11% ₹122.56 | @12% ₹133.7 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 140000 | 1395 |
| HNI | 2 | 2000 | 280000 | 599 |
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.
Lawsikho IPO Details
| 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 |
Lawsikho IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Lawsikho IPO Anchor Investors Details
Lawsikho IPO raises Rs 16.70 crore from anchor investors. Lawsikho IPO Anchor bid date is January 18, 2024.
| Bid Date | January 18, 2024 |
| Shares Offered | 1,193,000 |
| Anchor Portion Size (In Cr.) | 16.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | March 7, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 7, 2024 |
Lawsikho IPO Lead Manager(s)
- Narnolia Financial Services Ltd
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 119.79% |
| ROCE | 157.53% |
| Debt/Equity | 0.08 |
| RoNW | 119.79% |
| P/BV | 0.29 |
Company Financials
Addictive Learning Technology Limited Financial Information (Restated)
Addictive Learning Technology Limited's revenue increased by 80.41% and profit after tax (PAT) rose by 603.63% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Aug 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 1,324.95 | 920.64 | 103.11 | 65.05 |
| Revenue | 2,482.36 | 3,354.47 | 1,859.34 | 677.77 |
| Profit | 315.96 | 247.13 | -49.07 | -0.54 |
| Net Worth | 522.27 | 206.30 | -40.82 | -1.75 |
| Reserves | 512.17 | 196.20 | -50.92 | -1.85 |
| Borrowing | 15.73 | |||
| Amount in ₹ Lakhs | ||||