Wagons Learning is launching its IPO with a book-built issue of ₹38.38 crores, consisting of a fresh issue worth ₹25.26 crores and an offer for sale of up to 16,00,000 equity shares. The IPO will open for subscription on May 2, 2025, and close on May 6, 2025.
The price band for the IPO is set between ₹78 to ₹82 per share, with the company targeting a listing on the BSE SME platform on May 9, 2025.
The minimum application size for retail investors is 1 lot (1,600 shares), requiring an investment of ₹1,24,800, while it is recommended to bid at the cutoff price, bringing the total investment to ₹1,31,200 to increase the chances of allotment in case of oversubscription.
The retail quota stands at 50%, QIB at 11.99%, and HNI at 38.01%. The allotment date is set for May 7, 2025.
Overview of Contents
Wagons Learning IPO Overview
| Details | Information |
|---|---|
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Face Value | ₹10 per equity share |
| Price Band | ₹78 to ₹82 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | 46,80,000 shares (Approx ₹38.38 Crores) |
| Fresh Issue | 30,80,000 shares (Approx ₹25.26 Crores) |
| Offer for Sale | 16,00,000 shares (Approx ₹13.12 Crores) |
| Retail Quota | Not more than 50% |
| QIB Quota | Not more than 11.99% |
| NII Quota | Not more than 38.01% |
| Shareholding Pre-Issue | 1,25,20,000 shares |
| Shareholding Post-Issue | 1,56,00,000 shares |
| Market Maker Portion | 2,35,200 shares |
Wagons Learning IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | 2nd May 2025 |
| IPO Closing Date | 6th May 2025 |
| Basis of Allotment | 7th May 2025 |
| Refunds Processed | 8th May 2025 |
| Credit to Demat Accounts | 8th May 2025 |
| IPO Listing Date | 9th May 2025 |
Objects of the Issue
- To meet out the Working Capital requirements of the Company.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
- To meet out the General Corporate Purposes.
Wagons Learning IPO Lot Size
| Application Type | Lot Size | No. of Shares | Total Investment |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,31,200 |
| Retail Maximum | 1 | 1600 | ₹1,31,200 |
| S-HNI Minimum | 2 | 3200 | ₹2,62,400 |
Wagons Learning IPO – Financial Overview
Wagons Learning has shown impressive growth in its financials. The company’s revenue rose significantly from ₹16.17 crores in 2023 to ₹31.79 crores in February 2024. Additionally, profit after tax grew from ₹0.71 crores in 2023 to ₹5.52 crores in 2024.
| Year | Revenue (₹ Cr) | Expense (₹ Cr) | Profit After Tax (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2022 | ₹9.89 | ₹9.63 | ₹0.09 | ₹6.47 |
| 2023 | ₹16.17 | ₹14.96 | ₹0.71 | ₹8.54 |
| Feb 2024 | ₹31.79 | ₹23.66 | ₹5.52 | ₹22.81 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| NIIT Learning Systems Limited | 7.39 | 29.3 | 28.00 | 24.23 | 136.18 Cr. |
| Vinsys IT Services India Limited | 15.01 | 26.8 | 60.72 | 24.73 | 94.85 Cr. |
Wagons Learning IPO – Valuation Overview (FY 2023)
The valuation metrics of Wagons Learning for FY 2023 reflect strong performance across various financial indicators, with a notable return on equity (ROE) and return on net worth (RoNW). Below are the key valuation details:
| Metric | Value |
|---|---|
| Return on Equity (ROE) | 14.77% |
| Return on Capital Employed (ROCE) | 10.94% |
| EBITDA Margin | 7.48% |
| Profit After Tax (PAT) Margin | 5.35% |
| Debt to Equity Ratio | 0.42 |
| Earnings Per Share (EPS) | ₹475.19 (Basic) |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 14.77% |
| Net Asset Value (NAV) | ₹3,183.39 |
Wagons Learning IPO Review
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Wagons Learning IPO – Key Contacts
Registrar
📞 Phone: +91-44-28460390
✉️ Email: [email protected]
🌐 Website: https://ipo.cameoindia.com/
IPO Lead Managers (Merchant Bankers)
📞 Phone: +91-8149006055
✉️ Email: [email protected]
🌐 Website: http://www.wagonslearning.com/
Company Address
🏢 Address:
Wagons Learning Limited,
Office No. 302, Tower 2,
Montreal Business Center,
Pallod Farms, Baner, Pune, India
Wagons Learning IPO FAQs
What are the IPO open and close dates?
Wagons Learning IPO will open for subscription on May 2, 2025, and close on May 6, 2025.
What is the price band for Wagons Learning IPO?
The price band for the IPO is ₹78 to ₹82 per share.
What is the minimum lot size for the IPO?
The minimum lot size for the IPO is 1,600 shares, with an application amount of ₹1,31,200.
How much is the total issue size of the Wagons Learning IPO?
The total issue size of the Wagons Learning IPO is ₹38.38 crores, consisting of a fresh issue of ₹25.26 crores and an offer for sale of ₹13.12 crores.
What is the retail investor quota for the IPO?
The retail investor quota is 50%, giving retail investors a significant portion of the issue.
When is the IPO listing date?
The tentative listing date for Wagons Learning IPO is May 9, 2025, on BSE SME.
How can investors apply for the Wagons Learning IPO?
Investors can apply for the IPO through their Demat account using ASBA (Application Supported by Blocked Amount) or through a broker platform.
What are the financials of Wagons Learning?
In FY 2024, Wagons Learning reported a revenue of ₹31.79 crores and a profit of ₹5.52 crores, showing strong growth from ₹16.17 crores and ₹0.71 crores in 2023.