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Addictive Learning Technology IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Education - Edtech sector. Narnolia Financial Services is the merchant banker of Addictive Learning Technology IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st October 2023.
Addictive Learning Technology IPO open date is 19th January 2024 and close date is 24th January 2024. IPO Allotment Date is 25th January 2024 and Listing date is 30th January 2024.Addictive Learning Technology IPO size is Rs 60.16 Cr. crores with IPO price of Rs 140.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Narnolia Financial Services Limited is the book-running lead manager of the Addictive Learning Technology IPO. Maashitla Securities Private Limited is the Registrar and Market Maker is Ss Corporate Securities Limited for Addictive Learning Technology IPO.
Addictive Learning Technology IPO anchor investors are the below investors. The number of anchor investors in this IPO is 10.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 72,000.00 | ₹140.00 | ₹10,080,000.00 |
| Nav Capital Vcc | 125,000.00 | ₹140.00 | ₹17,500,000.00 |
| Meru Investment Fund | 143,000.00 | ₹140.00 | ₹20,020,000.00 |
| Persistent Growth Fund- | 72,000.00 | ₹140.00 | ₹10,080,000.00 |
| Chhattisgarh Investments Limited | 179,000.00 | ₹140.00 | ₹25,060,000.00 |
| LC Radiance Fund | 161,000.00 | ₹140.00 | ₹22,540,000.00 |
| Astrone capital VCC | 114,000.00 | ₹140.00 | ₹15,960,000.00 |
| Resonance Opportunities Fund | 143,000.00 | ₹140.00 | ₹20,020,000.00 |
| Chanakya Opportunities Fund | 76,000.00 | ₹140.00 | ₹10,640,000.00 |
| Silver Stride India | 107,000.00 | ₹140.00 | ₹14,980,000.00 |
Addictive Learning Technology IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Addictive Learning Technology IPO, based in New Delhi, operates in the Education - Edtech sector with a focus on A professional upskilling and career services edtech platform. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Addictive Learning Technology IPO size is ₹ 60.16 Cr. Crores with fresh issue size of Rs 60.16 Cr. Crores and Offer for sale being 60.16..
The IPO allotment date for Addictive Learning Technology IPO is expected to be 25th January 2024, after the finalization of basis of allotment. Investors can check Addictive Learning Technology IPO allotment status on the registrars website, Maashitla Securities Private Limited. Addictive Learning Technology IPO refund dates are 29th January 2024.
Addictive Learning Technology IPO is expected to be listed on 30th January 2024.
The upper price band for the Addictive Learning Technology IPO is set at ₹ 140.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Addictive Learning Technology IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Addictive Learning Technology IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th January 2024. After submission, funds are blocked until the basis of allotment of Addictive Learning Technology IPO is finalised.
The merchant banker for Addictive Learning Technology IPO is Narnolia Financial Services Limited . Narnolia Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Addictive Learning Technology IPO RHP for further details.
The registrar for Addictive Learning Technology IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Addictive Learning Technology IPO through their official website or helpline.
Addictive Learning Technology IPO was subscribed 273.12 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 60.16 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.41 Cr.
Sector: Education - Edtech
SME IPO so far:
11
Merchant Banker:
Narnolia Financial
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 59.57 cr.
PE
Ratio:
29.37x
Average Sector PE Ratio: 19.58x
Addictive Learning Technology IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Addictive Learning Technology Financial Review Page
Merchant Banker(s) of Addictive Learning Technology IPO: Narnolia Financial Services Limited
Addictive Learning Technology IPO subscription was 273.12 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Addictive Learning Technology IPO listed at a listing price of 294.50 against the offer price of 140.00.
The current market price of Addictive Learning Technology is 145.50.
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