Addictive Learning Technology Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,987,000 (46%) | — | ₹2,782 Cr |
| NII (HNI) | — | 599,000 (14%) | — | ₹839 Cr |
| Retail | — | 1,395,000 (32%) | — | ₹1,953 Cr |
| Market Maker | — | 316,000 (7%) | — | ₹44 Cr |
| Σ Total | — | 4,297,000 (100%) | — | ₹60,158 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹140,000 |
| Retail (Max) | 13 | 13,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 2,482 | 3,354 | 1,859 |
| Profit After Tax | 316 | 247 | -49 |
| Net Worth | 522 | 206 | -41 |
| Total Assets | 1,325 | 921 | 103 |
| Reserves & Surplus | 512 | 196 | -51 |
| Total Borrowing | — | 16 | — |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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; and 8. To meet out the Issue Expenses. –
Company Overview
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.