Addictive Learning Technology IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Addictive Learning Technology IPO is going to open soon. So I will give you complete information about Addictive Learning Technology IPO here on IPO India.

On this article I will inform you about Addictive Learning Technology IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

Addictive Learning Technology IPO

About Addictive Learning Technology Limited

Established in December 1995, Constelac Engineers Limited is actively engaged in the fields of Engineering, Procurement and Construction/Commissioning (EPC). Offering a comprehensive suite of services including engineering and drawings, procurement, operation and maintenance, project management and construction and commissioning, the company specializes in electrical installation, solar power plant installation, instrumentation and automation. With a successful track record, Konstelec Engineers Limited has completed more than 200 projects, including 45 major endeavors valued at over 400 crores.

To cater to prestigious clients, the company serves organizations like Reliance Industries Limited, Engineers India Limited, JSW Steel, Indian Oil, BPCL, HPCL, CPCL, MRPL, ISRO, ACC, BARC, Dangote Industries Limited, Adani, NTPC, Tata Steel . Ltd., Naveen Fluorine International Ltd., and IGPL, among others. Operating in over 15 states in India and Nigeria, Constelac Engineers Limited has a robust order book, with major projects totaling over 573 crores in various stages of implementation as of November 30, 2023. The company has a workforce of over 800 individuals in India. and includes more than 120 engineers, 250 technicians and other locally employed staff in Africa, contributing to its success in providing quality EPC services.

Addictive Learning Technology IPO GMP

Exp. Premium (GMP)₹100-120 (71%) per Share

About Addictive Learning Technology IPO

Here is some information about Addictive Learning Technology IPO which will help you in making a decision to invest in Addictive Learning Technology IPO. It appears to be a book-built offer with a total value of Rs 60.16 crore, including combination of fresh issue of 41.37 lakh shares aggregating to Rs 57.92 crores and offer for sale of 1.6 lakh shares aggregating to Rs 2.24 crores.

Summary of the key details

  • Issue Size: Rs 60.16 crores
  • Offer for Sale: 4,297,000 shares
  • Subscription Period: January 19, 2024 to January 23, 2024
  • Allotment Date: January 23, 2024
  • Listing Date: January 29, 2024

Price Range of Addictive Learning Technology IPO

  • ₹130 to ₹140 per share

Lot Size of Addictive Learning Technology IPO

  • Minimum Lot: 1000 Shares.
  • Minimum Investment for Retail Investors: ₹140,000

Minimum Lot Size Investments for Addictive Learning Technology IPO

  • HNI: 2 lots (2000 shares), amounting to ₹280,000.

This information provides potential investors with the details they need to participate in the Addictive Learning Technology IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

To Open a trading and demat account in Zerodha

Addictive Learning Technology IPO

Open DateJanuary 19, 2024
Close DateJanuary 23, 2024
Allotment DateJanuary 24, 2024
Listing DateJanuary 29, 2024
Face Value₹10 Per Equity Share
Issue Price₹130-140 Per Equity Share
Issue Size4,297,000 shares (Aggregating up to ₹60.16 Cr)
Market Lot (Min. Amount)Retail: 1000 Shares (₹140,000/-)
Listing at Group(s)NSE SME
Lead ManagerNarnolia Financial Services Ltd
RegisterMaashitla Securities Private Limited
Retail Portion35%

To know more about IPOs.

Valuations of Addictive Learning Technology IPO

Earnings Per Share (EPS)₹4.94/-
P/E RatioN/A
RoNW119.79%
Net Asset Value (NAV) -as on 31.03.23₹N/A

Addictive Learning Technology Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves & SurplusTotal Borrowing
30 Aug 20231,324.952,482.36315.96522.27512.17
31 Mar 2023920.643,354.47247.13206.30196.2015.73
31 Mar 2022103.111,859.34-49.07-40.82-50.92
31 Mar 202165.05677.77-0.54-1.75-1.85
All Price in ₹ Lakhs

Promoter(s)

Pre Issue Share Holding92.27%
Post Issue Share Holding67.27%

Company Promotor(s):-

  1. Mr. Ramanuj Mukherjee
  2. Mr. Abhyudaya Sunil Agarwal

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

KPIValues
ROE119.79%
ROCE157.53%
Debt/ Equity0.08
RoNW119.79%
P/BV0.29

Issue Objective(s)

  • To meet out the expenses for Unidentified Acquisitions for Company (In India or Abroad)
  • To meet the expenses for Identified Acquisition
  • To meet out the expenses for Investment in Technology
  • To meet out the expenses for development of new courses
  • To meet out the Branding & Marketing Expenses for the Company
  • To meet out the Working Capital requirement of the Company
  • To meet out the General Corporate Purposes
  • To meet out the issue Expenses

Addictive Learning Technology IPO Registrar

NameMaashitla Securities Private Limited
Phone+91-11-45121795-96
Emailipo@maashitla.com
Websitehttps://maashitla.com/allotment-status/public-issues

Addictive Learning Technology IPO Review

Update Soon

Conclusion

In conclusion, the Addictive Learning Technology IPO presents a compelling investment opportunity for those seeking potential growth in the education technology sector. Scheduled to open on January 19, 2024, and close on January 23, 2024, the IPO offers a unique chance to be part of the growth story of a company with diverse objectives, including unidentified and identified acquisitions, technology investment, course development, branding and marketing, working capital, and general corporate purposes.

With an expected GMP (Grey Market Premium) of ₹100-120 (71%) per share, the IPO is priced in the range of ₹130 to ₹140 per share, catering to various investor categories with a minimum lot size of 1000 shares and a minimum investment of ₹140,000 for retail investors. As investors consider participating in this IPO, it is crucial to conduct thorough research, considering financial indicators such as Earnings Per Share (EPS) of ₹4.94, Return on Net Worth (RoNW) of 119.79%, and other key performance metrics. The company’s track record, financial information, and objectives provide valuable insights, emphasizing the need for careful consideration and due diligence before making investment decisions.

Addictive Learning Technology IPO FAQs

When Addictive Learning Technology IPO is coming?

The Lawsikho IPO opens on January 19, 2024 and closes on January 23, 2024.

What is the lot size of Addictive Learning Technology IPO?

Lawsikho IPO lot size is 1000 Shares, and the minimum amount required is ₹140,000.

When Addictive Learning Technology IPO Allotment?

The finalization of Basis of Allotment for Lawsikho IPO will be done on Wednesday, January 24, 2024, and the allotted shares will be credited to your demat account by Thursday, January 25, 2024.

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