Image Source: IPO Hub
Wagons Learning Limited, a prominent corporate training and digital learning solutions provider, is all set to launch its initial public offering (IPO) on May 2, 2025. The IPO, valued at up to Rs 38.38 crore at the upper price band, marks a significant milestone for the company as it seeks to expand its footprint and strengthen its service offerings.
Key Highlights:
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IPO Details: The issue comprises 46.8 lakh equity shares with a price band of Rs 78-82 per share. Of these, 30.8 lakh shares are a fresh issue (Rs 25.26 crore) and 16 lakh shares are an offer-for-sale by promoters Uday Jagannath Shetty and Raviraj Poojary.
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Subscription Window: The IPO opens on May 2 and closes on May 6, 2025. Allotment is expected by May 7, with listing scheduled on the BSE SME platform on May 9.
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Investor Allocation: Up to 50% of shares are reserved for retail investors, 38.01% for non-institutional investors, and 11.99% for qualified institutional buyers. The minimum lot size is 1,600 shares, requiring a minimum investment of approximately Rs 1,31,200.
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Use of Proceeds: Funds raised will be used for debt repayment, working capital needs, and general corporate purposes, supporting expansion into new markets and digital transformation.
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Company Profile: Founded in 2013, Wagons Learning has trained over 5.5 lakh professionals and is known for its B2B model, offering solutions across sectors like automotive, BFSI, pharma, and healthcare.
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Growth Ambitions: The IPO will help Wagons Learning enhance its digital infrastructure, enter international markets such as the UAE, and launch industry-ready certification programs in the B2C segment.
Lead managed by Khandwala Securities, this IPO is closely watched as the education and skill development sector continues to attract investor interest.
Sources: Moneycontrol, Tribune India, Goodreturns, Financial Express, Business Standard, IPO Watch
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