| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹60.16 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹60.16 Cr |
| Fresh Issue | ₹53.49 Cr |
| Offer for Sale | ₹2.24 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน133.00-140.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ADDICTIVE |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | Narnolia Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Unidentified Acquisition (In India & Abroad) | 5.00 |
| 2 | Identified Acquisition | 3.00 |
| 3 | Investment in Technology | 8.00 |
| 4 | Development of new courses | 5.00 |
| 5 | Branding & Marketing Expenses | 10.00 |
| 6 | Working Capital Requirement | 8.00 |
| 7 | General Corporate Purposes | 10.83 |
| 8 | Issue Expenses# | 10.32 |
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 13.25 | 9.21 | 1.03 | 0.65 |
| Total Income | 24.82 | 33.54 | 18.59 | 6.78 |
| Profit After Tax | 3.16 | 2.47 | -0.49 | -0.01 |
| NET Worth | 5.22 | 2.06 | -0.41 | -0.02 |
| Reserves and Surplus | 5.12 | 1.96 | -0.51 | -0.02 |
| Total Borrowing | 0.16 | |||
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 119.79% |
| ROCE | 157.53% |
| Debt / Equity | 0.08% |
| RoNW | 119.79% |
| PAT Margin | 7.37% |
| Price to Book Value | 0.29 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.10 | 4.77 |
| P/E (x) | 66.69 | 29.37 |
| Promoter Holding | 90.65% | 66.07% |
| Market Cap | โน222.74 Cr. | |