LawSikho IPO description – Addictive Learning Technology stands as a sophisticated ed-tech platform specializing in professional upskilling and career services. Its primary focus extends to seasoned mid-career professionals, with occasional outreach to enterprising young professionals as well.
The company provides a wide range of professional upskilling courses and training programs under three distinct brands: LawSikho, Skill Arbitrage, and Dataisgood. These offerings span diverse areas such as Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science.
As of October 2023, the organization has a workforce consisting of 145 full-time employees and an additional 444 full-time professionals and consultants delivering their specialized services. Further, the company also provides international bar exam courses such as:
- CANADA BAR EXAM: Achieve recognition as a Canadian Barrister and solicitor, including guidance on the NCA exam for Indian lawyers aspiring to practice in Canada.
- UK SOLICITOR QUALIFICATION EXAM: Prepare for success in England and Wales as a solicitor through targeted training for Indian lawyers navigating the Solicitors Qualifying Exam (SQE).
- CALIFORNIA BAR EXAM: How to successfully pass the California Bar Exam and begin practicing law in the United States.
Addictive Learning Technology’s courses bear accreditation from the National Skill Development Corporation (NSDC), a Public-Private Partnership operating under the Ministry of Skill Development and Entrepreneurship, Government of India. Upon accomplishing their selected courses, learners receive a certificate jointly endorsed by NSDC and Skill India.
Promoters of Addictive Learning Technology (LawSikho) – Ramanuj Mukherjee, and Abhyudaya Sunil Agarwal
Table of Contents
LawSikho IPO Details
| LawSikho IPO Dates | 19 – 24 Jan 2024 |
| LawSikho Issue Price | INR 130 – 140 per share |
| Fresh issue | 4,137,000 shares (INR 53.78 – 57.92 crore) |
| Offer For Sale | 160,000 shares (INR 2.08 – 2.24 crore) |
| Total IPO size | 4,297,000 shares (INR 55.86 – 60.16 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
LawSikho Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 5M FY 2024 |
| Revenue | 677.77 | 1,857.29 | 3,353.43 | 2,482.36 |
| Expenses | 677.74 | 1,909.03 | 3,029.48 | 2,043.99 |
| Net income | (0.54) | (49.07) | 247.13 | 315.96 |
LawSikho Offer News
- LawSikho RHP
- LawSikho Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
LawSikho Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.01) | (0.98) | 4.94 |
| PE ratio | – | – | 26.32 – 28.34 |
| RONW (%) | (31.17) | NA | 119.79 |
| NAV | (37.11) | 187.55 | 474.79 |
| ROCE (%) | (2.00) | 121.74 | 157.53 |
| EBITDA (%) | 0.32 | (2.38) | 9.97 |
| Debt/Equity | – | – | 0.08 |
LawSikho IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 January 2024 | 180 | – | 144,000 |
| 27 January 2024 | 180 | – | 144,000 |
| 26 January 2024 | 175 | – | 140,000 |
| 25 January 2024 | 160 | – | 125,000 |
| 24 January 2024 | 162 | – | 128,000 |
| 23 January 2024 | 155 | – | 121,000 |
| 22 January 2024 | 150 | – | 118,500 |
| 20 January 2024 | 135 | – | 110,000 |
| 19 January 2024 | 105 | – | 78,500 |
| 18 January 2024 | 100 | – | 75,000 |
| 17 January 2024 | 110 | – | 82,000 |
| 16 January 2024 | 113 | – | 88,500 |
| 15 January 2024 | 125 | – | 95,000 |
| 13 January 2024 | 125 | – | 95,000 |
| 12 January 2024 | 125 | – | 95,000 |
| 11 January 2024 | 95 | – | 75,000 |
| 10 January 2024 | 85 | – | 70,000 |
| 9 January 2024 | 42 | – | 33,000 |
| 8 January 2024 | 35 | – | 26,600 |
Addictive Learning Technology IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 795,000 | 599,000 | 1,395,000 | 2,789,000 |
| 24 Jan 2024 | 116.13 | 414.96 | 301.71 | 273.13 |
| 23 Jan 2024 | 11.04 | 95.29 | 166.20 | 106.74 |
| 19 Jan 2024 | 6.65 | 20.67 | 31.99 | 22.33 |
The market maker reservation portion of 3,16,000 shares is not included in the above calculations.
LawSikho IPO Allotment Status
LawSikho IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
LawSikho IPO Dates & Listing Performance
| IPO Opening Date | 19 January 2024 |
| IPO Closing Date | 24 January 2024 |
| Finalization of Basis of Allotment | 25 January 2024 |
| Initiation of refunds | 29 January 2024 |
| Transfer of shares to demat accounts | 29 January 2024 |
| IPO Listing Date | 30 January 2024 |
| Opening Price on NSE SME | INR 310 per share (up 121.43%) |
| Closing Price on NSE SME | INR 294.50 per share (up 110.36%) |
Addictive Learning Technology Offer Lead Manager
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email:Â [email protected]
Website:Â www.narnolia.com
Addictive Learning Technology Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone:Â 011-45121795
Email:Â [email protected]
Website:Â www.maashitla.com
LawSikho IPO Contact Details
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
E-mail: [email protected]
Website: www.lawsikho.com
IPO FAQs
What is the Addictive Learning Technology (LawSikho) IPO size?
LawSikho offer size is INR 55.86 – 60.16 crores.
What is the LawSikho IPO price band?
LawSikho public offer price is INR 130 – 140 per share.
What is the lot size of the LawSikho IPO?
LawSikho offer lot size is 1,000 shares.
What is LawSikho IPO GMP today?
LawSikho IPO GMP today is INR 180 per share.
What is the LawSikho kostak rate today?
LawSikho kostak rate today is NA per application.
What is LawSikho Subject to Sauda rate today?
LawSikho is Subject to the Sauda rate today is INR 144,000 per application.
