Issue Price
₹140
Per Share
GMP
NIL
Grey Market
Est. Listing
₹140
Expected Price
Min. Application
₹280,000
2 lots × 1000 shares
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 asCANADA 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.
Addictive Learning Technology Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 316,000 | — | ₹4.42 Cr | — |
| TOTAL | 4,297,000 | 100.00% | ₹60.16 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹140,000 |
| Retail (Max) | 13 | 13,000 | ₹1,820,000 |
| sNII (Min) | 14 | 14,000 | ₹1,960,000 |
| bNII (Min) | 68 | 68,000 | ₹9,520,000 |
| Particulars | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 2482.36 | 3354.47 | 1859.34 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 315.96 | 247.13 | -49.07 |
| Net Worth | 522.27 | 206.30 | -40.82 |
| Total Assets | 1324.95 | 920.64 | 103.11 |
| Reserves & Surplus | 512.17 | 196.20 | -50.92 |
| Total Borrowings | N/A | 15.73 | N/A |