Addictive Learning Technology Ltd IPO

Addictive Learning Technology Ltd IPO

Education

sme

Bidding period

19 Jan 2024 - 24 Jan 2024

Bid price

₹140.00 - ₹140.00

Listing on

NSE-SME

Listing date

30 Jan 2024

Lot size

1000 shares

Issue size

₹60.16 crore


Minimum investment

₹1,40,000.00 / 2 lot

Maximum investment

₹1,40,000.00 / 1 lot

Open Demat Account
Open Demat Account

Pre-issue Post-issue
Promoter group 76.72 55.8
Public group 23.28 44.2

Information currently unavailable

  • Good track record.

  • Cordial relations with its students, learners.

  • Leveraging the experience of its Promoters.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with its Employees and Professionals.

  • Quality assurance and control.

  • Quality Deliverables.

  • The company is recognised by its brand name.

  • There is outstanding litigation pending against its Promoters which, if determined adversely, could affect the company business, results of operations and financial condition.

  • The company reported a restated loss after tax in some of the previous years and may incur additional losses in the future.

  • Its present promoters of the Company are first generation entrepreneurs.

  • The Company does not own the premises through which its conduct the company's business operations.

  • The Company has negative cash flows from its investing and its financing activities in the current and previous years, details of which are given below. Sustained negative cash flow could impact its growth and business.

  • Subject matter teachers and content creation experts are the key to its business. Thus, Employees Benefit expenses and professional charges constitute a major portion of its expenses. Such a significant increase in this cost could lead to lower profitability.

  • Conflict of interest may arise out of common business objects with group companies.

  • Its Subsidiary company and the company's group entities have incurred losses in the past and may incur losses in the future.

  • Its major revenue is sourced from its Legal Courses Vertical Operated under the company's Brand "LawSikho" its inability or failure to manage and attract more clients could adversely affect its business.

Maashitla Securities Pvt Ltd

Phone number 011-4512 1795
E-mail ID ipo@maashitla.com
Website www.maashitla.com

QIB shares offered

19,87,000 (46.24%)

NII (HNI) shares offered

5,99,000 (13.94%)

Retail shares offered

13,95,000 (32.46%)

Anchor investor shares offered

0 (0.0%)

Total shares offered

42,97,000

Total shares with anchor investor

42,97,000

  • Narnolia Financial Services Ltd

Explore other IPOs

How to apply for an IPO with Bajaj Broking?

adafafds
 
 
  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

SHOW MORE SHOW LESS

Disclaimer

*Disclaimer for Bajaj Finance Limited (‘BFL’):

Stock trading business is carried by Bajaj Financial Securities Limited ("BFSL"), a broker and Depository Participant registered with Securities Exchange Board of India and offers various products/services related to Securities market (Securities market products/services). BFL merely facilitates display of data shared by BFSL on its webpage/mobile application. Such data received from BFSL, or any of its service providers is on “as is” basis. BFL does not make any representation or warranty, express or implied, regarding accuracy, completeness of such data displayed herein.

When you opt to avail the Securities market products/services of BFSL by clicking on the BFSL weblink/mobile app, you will be redirected to BFSL's web page/mobile app for initiation and completion of the transaction. You are supposed to exercise independent diligence by reading all the related documents carefully before deciding to invest in Securities market Products/services.

BFL is a Non-Banking Financial Company carrying the business of acceptance of deposits and providing lending solutions to Retail and Corporate customers. BFL does not offer nor advice on Securities market products/services and shall not be liable or responsible for any of your investment decision."

**Disclaimer: For Bajaj Financial Securities Limited

Investments in securities market are subject to market risk, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. All leveraged intraday positions will be squared off the same day. There is no restriction on withdrawal of unutilised margin amount. Trade Recommendations are research-calls provided under the SEBI Research Analyst guidelines.
Visit https://www.bajajbroking.in/disclaimer for complete disclaimer.

Securities market Products/services are made available only at the discretion of BFSL and subject to the individual contractual terms and conditions of the respective Securities market products/services. You shall be the sole owner of any decision to invest in any BFSL's Securities market products/services.

Securities market products/services may be withdrawn or amended at any time by BFSL without notice and your recourse in such case would be directly to reach out BFSL at connect@bajajfinserv.in or 1800 833 8888.

Powered by Bajaj Financial Securities Limited (Bajaj Broking)