Addictive Learning Technology
Addictive Learning Technology Info
Details about the Addictive Learning Technology IPO. Opening Date of Addictive Learning Technology is 19 Jan 24 and Closing Date is 24 Jan 24 . Face Value of Each share of Addictive Learning Technology is ₹10 per share. Price band of Addictive Learning Technology is ₹130 to ₹140. The Lot size of Addictive Learning Technology is 1,000 shares. Total issue size of Addictive Learning Technology IPO is ₹60.16 cr. Fresh Issue of Addictive Learning Technology IPO is 57.92 cr. Addictive Learning Technology IPO also includes offer for sale of ₹2.24 cr.This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Addictive Learning Technology is 11,772,732. Share Holding Post Issue of Addictive Learning Technology is 15,909,732.
Business Summary
Addictive Learning Technology was incorporated in year 2017.Company is a professional upskilling and career services edtech platform
The company offers a comprehensive range of professional upskilling courses and training programs which includes Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing and Data Science through three distinct brands LawSikho, Skill Arbitrage and Dataisgood
One of the major focus areas is to offer upskilling courses which enable learners to find career opportunities in the international market remotely. Some of the popular courses cover subjects like US Intellectual Property Law, US Tax Law, US Accounting, Bookkeeping and Corporate Compliances, International Contract Drafting, International Business Law, International Labour Laws, US Technology Law, US Corporate Law, US Real Estate Law etc.
Addictive Learning Technology IPO Details
| Open Date | 19 Jan 24 |
|---|---|
| Close Date | 24 Jan 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹130 - ₹140 |
| Lot Size | 1,000 Shares |
| Total issue Size | 4,297,000 Shares ₹60.16 cr |
| Fresh Issue | 4,137,000 Shares ₹57.92 cr |
| Offer for Sale | 160,000 Shares (₹2.24 cr) |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 11,772,732 |
| Share Holding Post Issue | 15,909,732 |
| Market Maker | Ss Corporate Securities ,Prabhat Financial Services |
| Market Maker Portion | 316,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Addictive Learning Technology IPO Timeline
The Addictive Learning Technology Initial Public Offering (IPO) is set to open on 19 Jan 24 and will end its subscription phase on 24 Jan 24. You can check your allotment status for Addictive Learning Technology on 24 Jan 24. The refund process for your funds will start promptly on 25 Jan 24. Addictive Learning Technology IPO credit of shares will be on 25 Jan 24. The listing date for Addictive Learning Technology is on 29 Jan 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Addictive Learning Technology IPO Reservation
The Addictive Learning Technology IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
316,000 Shares will be reserved for subscription by Ss Corporate Securities ,Prabhat Financial Services
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Addictive Learning Technology IPO Lot Size
Bids can be made for minimum of 1000 shares and in multiple of 1000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 140,000 |
| Retail (Max) | 1 | 1,000 | 140,000 |
| HNI (Min) | 2 | 2,000 | 280,000 |
Addictive Learning Technology IPO Promoters Holding
Promoters holding details for Addictive Learning Technology in the current issue is as follows: The share holding of promoters before the issue stands at 92.27%, and after the issue, it has been adjusted to 67.27%.
Promoters of Addictive Learning Technology are Ramanuj Mukherjee, Abhyudaya Sunil Agarwal,
| Share Holding Pre Issue | 92.27% |
|---|---|
| Share Holding Post Issue | 67.27% |
Addictive Learning Technology Financial Information
Financial performance details for Addictive Learning Technology over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Aug 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,324.95 | 920.64 | 103.11 | 65.05 |
| Revenue | 2,482.36 | 3,354.47 | 1,859.34 | 677.77 |
| Profit After Tax | 315.96 | 247.13 | -49.07 | -0.54 |
Addictive Learning Technology IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Addictive Learning Technology are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 66.69 |
| ROCE | 157.53% |
| ROE | 119.79% |
| RoNW | 119.79% |
| Debt/Equity | 0.08 |
| EPS (Rs) | 2.1 |
Object of the 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
- • To meet out the Issue Expenses
Risk Factors to Consider
- • There is outstanding litigation pending against the Promoters which, if determined adversely, could affect business, results of operations and financial condition.
- • Comapany reported a restated loss after tax in some of the previous years and may incur additional losses in the future.
- • Subject matter teachers and content creation experts are the key to business. Thus, Employees Benefit expenses and professional charges constitute a major portion of company expenses. Such a significant increase in this cost could lead to lower profitability.
Contact Details for Addictive Learning Technology
Phone
Office
Unit No 334 Plot No 12, 3rd Floor Road No-44 Vardhaman, Big V Plaza Pitampura, Landmark M2K, City Delhi- 110034
Registrar Details for Addictive Learning Technology
Maashitla Securities Private Limited
Phone
Office
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034, India
Lead Manager
- • Narnolia Financial Services Ltd