Addictive Learning Technology Limited (Lawsikho) IPO Details

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.
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