IPO : Addictive Learning Technology Limited
Addictive Learning Technology Limited IPO
| SYMBOL | LAWSIKHO |
| ISSUE TYPE | Book Built Issue IPO |
| ISSUE OPENS ON | Friday, January 19, 2024 |
| ISSUE CLOSES ON | Tuesday, January 23, 2024 |
| ISSUE PRICE | ₹133 to ₹140 per share |
| ISSUE SIZE | Up to Rs.60.16 Crores |
| FACE VALUE | Rs.10 per share |
Lawsikho IPO is a book built issue of Rs 60.16 crores. The issue is a 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.
Thank you for reading this post, don't forget to subscribe!Lawsikho IPO opens for subscription on January 19, 2024 and closes on January 23, 2024. The allotment for the Lawsikho IPO is expected to be finalized on Wednesday, January 24, 2024. Lawsikho IPO will list on NSE SME with tentative listing date fixed as Monday, January 29, 2024.
| MINIMUM BID | 1000 shares |
| MINIMUM AMOUNT | Rs.140,000 |
| MAXIMUM BID | 1000 shares |
| MAXIMUM AMOUNT | Rs.140,000 |
| PROMOTER HOLDING | 67.27% (Post-issue) |
| LISTING DATE | Monday, January 29, 2024 |
| LISTING AT | NSE-SME |
Lawsikho IPO price band is set at ₹133 to ₹140 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹280,000.
Objects of the Issue (Lawsikho IPO Objectives)
The objects of the Issue are:-
- To meet out the expenses for Unidentified Acquisition 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 requirements of the Company
- To meet out the General Corporate Purposes; and 8. To meet out the Issue Expenses.
For Existing Clients : https://gudwil.in/IPO
Open an account : https://gudwil.in/smart
Further any clarification, feel free to contact your Branch / Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999
Warm Regards,
Team GoodwillDISCLAIMER : Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @ https://gwcindia.in/Disclaimer