Addictive Learning Technology IPO

Addictive Learning Technology Limited

₹1,33,000 /1000 sharesMinimum Investment

Addictive Learning Technology IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹140.00₹310.00₹170.00 (121.43%)
Addictive Learning Technology IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
19 Jan ‘24 - 24 Jan ‘24₹1,33,0001,000₹133 - ₹140
Issue SizeIPO Doc
60.16CrRHP PDF
About Addictive Learning TechnologyAddictive Learning Technology Limited is an Edtech platform specialized in offering courses primarily to senior and mid-career professionals and in some cases to young professionals. The company offers upskilling courses and training programs in law, finance, compliance, human resources, business consulting, artificial intelligence, content writing, and data science. These courses are provided under three distinct brands: LawSikho, Skill Arbitrage, and Data is good.
The platform also serves college students seeking advanced skills and recent graduates who want to secure employment. Some courses cover subjects like US Intellectual Property Law, US Tax Law, US Accounting, Bookkeeping and Corporate Compliances, International Contract Drafting, International Business Law, International Labour Laws, US Technology Law, US Corporate Law, and US Real Estate Law, among others. It also provides international bar-exam courses like Canada Bar Exam, UK Solicitor Qualification Exam and California Bar Exam. ;
Parent Organisation
Addictive Learning Technology Limited
Founded
2017
Managing Director
Mr. Ramanuj Mukherjee
Strengths & Risks
Addictive Learning Technology collaborates with NSDC to provide industry-aligned, skill-focused education and training. This helps in enhancing credibility, extending reach, and giving the learners certifications recognized by Skill India and NSDC.
Apart from offering a diverse collection of courses, the company’s business model focuses on integrating industry experts as teachers through guest lectures. This is primarily to bridge the gap between theoretical concepts and practical applications. The courses are delivered through multiple media. 
The company focuses on mobile accessibility and provisioning of multi-format courses to ensure wider reach. 
Addictive Learning Technology leverages AI technology to enhance teaching methods. It also uses AI-based sales software for sentiment analysis in sales calls.
The company has seen consistent annual enrollment growth across its courses. 
The company is currently debt-free.
The company’s business model is such that it will require continuous working capital. Inability to maintain cashflow may impact business.
The company reported a restated loss after tax in some of the previous years and could incur additional losses in the future. It reported a restated loss of ₹49.07 lakhs for the period ended March 31, 2022, and Rs. 0.54 lakhs for the period ended March 31, 2021.
The company operates in a highly competitive industry that requires it to remain abreast of the latest developments and deliver quality to its clientele. 
The company uses a Learning Management System (LMS) and third-party software to provide online courses. This reliance on external platforms poses risks, requiring robust cybersecurity measures and contingency plans to protect the business.
The success of Addictive Learning Technology hinges significantly on ongoing contributions from its management and is highly reliant on strong relationships. 
Rising cost of hiring and retaining skilled resources could impact the business operations. 
The company’s primary income source is the Legal Courses Vertical, operating under the brand name "LawSikho." Failing to manage and attract clients effectively could impact revenues.
There is outstanding litigation against the company’s Promoters. In case of adverse outcomes, it could affect the company’s business, results of operations and financial condition.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹133 - 140₹2 Lakh
High Networth Individual₹133 - 140₹2 - 5 Lakh
For Addictive Learning Technology IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹140.00	₹310.00	₹170.00 (121.43%)

Bidding Dates	Min. Investment	Lot Size	Price Range
19 Jan ‘24 - 24 Jan ‘24	₹1,33,000	1,000	₹133 - ₹140

Issue Size	IPO Doc
60.16Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹133 - 140	₹2 Lakh
High Networth Individual	₹133 - 140	₹2 - 5 Lakh

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Contact Us
PRODUCTS
StocksFutures & OptionsIPOMutual FundsCreditBill Payments
GROWW
About UsPricingBlogMedia & PressCareersHelp and SupportTrust and Safety
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestSitemapIncome Tax Calculator
ⓒ 2016-2024 Groww. All rights reserved, Built with ♥in India

ABOUT GROWW

Groww is India’s growing financial services platform where users can find their investment solutions pertaining to mutual funds, stocks, US Stocks, ETFs, IPO, and F&Os, to invest their money without hassles.

Groww objectively evaluates stocks and mutual funds and does not advise or recommend any stocks, mutual funds or portfolios. Investors shall invest at their own discretion, will and consent. Groww, at any time, does not guarantee fixed returns on the capital invested.

Groww helps investors -

· By providing 100% paperless online free Demat and trading account opening

· By providing an objective evaluation of products available on the platform

· By being transparent about fees and charges involved while investing in a product

· By offering decision-making assistance by providing technical analysis with advanced charts, well-designed line & candlestick charts that indicate share price movements, and market indices, along with more details about all registered and listed companies

SECURE TRANSACTIONS ON GROWW

All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.

TRADE AND INVEST SECURELY WITH GROWW

Stocks, Mutual fund investments, F&Os, etc., are very popular with individual investors because of their numerous benefits. On Groww, an investor can -

- Invest in Nifty 50 (NSE) & Sensex (BSE) listed stocks

- Diversify across multiple stocks and other instruments

- Start SIP with any amount (as low as Rs. 500)

- Switch regular funds to direct funds

- Start automated monthly investments (SIP), and benefit from many more features

All type of mutual funds are available on Groww.

INVESTING IN MUTUAL FUND PORTFOLIOS

Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.

ATTENTION INVESTORS

1. For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.

2. For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day...Issued in the interest of investors.

3. KYC is a one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

4. If you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account.

· Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.

· Awareness regarding guidelines on Margin collection

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Issued in the interest of Investors

DISCLAIMER

Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) (CIN: U65100KA2016PTC092879) is a member of NSE & BSE with SEBI Registration no: INZ000301838, Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019 and Mutual Fund distributor with AMFI Registration No: ARN-111686. Registered office and Correspondence office - No.11, 2nd floor, 80 FT Road, 4th Block, S.T Bed, Koramangala, Bengaluru – 560034. For any grievances related to Stock Broking/DP, please write to [email protected] , please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.

Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice.

Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.

Terms and conditions of the website/app are applicable. Privacy policy of the website is applicable.