Addictive Learning Technology Limited (Lawsikho) IPO Details
Overview:
- The IPO is a Book Built Issue offering 4,297,000 equity shares of the face value of ₹10 aggregating up to ₹60.16 crores.
- The price band is set at ₹133 to ₹140 per share.
- The minimum order quantity is 1000 shares.
- The IPO opens for subscription on January 19, 2024, and closes on January 23, 2024.
- The shares are proposed to be listed on NSE SME.
- The registrar for the IPO is Maashitla Securities Private Limited.
Key components:
- Fresh Issue: 41,37,000 shares aggregating to Rs 57.92 crores.
- Offer for Sale (OFS): 1,60,000 shares aggregating to Rs 2.24 crores.
Recent developments:
- Grey market premium (GMP) as of today (January 17, 2024) is not yet available.
- Final price of the IPO will be decided within the price band based on book building process.
- Allotment of shares is expected to be finalized on January 24, 2024.
- Tentative listing date on NSE SME is January 29, 2024.