Latest IPO in India: Wagons Learning Ltd – Promising ₹38.38 Cr Digital Learning Offer
Wagons Learning Ltd, a well-established corporate training and skill development provider, is launching its Initial Public Offering (IPO) to raise ₹38.38 crore. This includes a fresh issue of ₹25.26 crore and an offer for sale worth ₹13.12 crore. This IPO is among the most anticipated latest IPO in India.
Company Overview
Founded in 2013, Wagons Learning Ltd offers a variety of B2B services, including corporate training programs, digital learning solutions, trainer outsourcing, and payroll management. The company has trained over 550,000 professionals across industries like BFSI, automotive, pharma, and healthcare. Wagons is NSDC-certified and operates an overseas branch in Dubai, UAE.
IPO Timeline
- IPO Opening Date: May 2, 2025
- IPO Closing Date: May 6, 2025
- Allotment Date: May 7, 2025
- Refund Initiation: May 8, 2025
- Shares Credited to Demat: May 8, 2025
- Listing Date: May 9, 2025
IPO Price Band
The IPO price band is set between ₹78 to ₹82 per equity share.
Lot Size
- Lot Size: 1,600 shares
- Minimum Investment: ₹131,200
- HNIs Minimum Investment: ₹262,400 (2 lots)
Key Dates
- IPO Open Date: May 2, 2025
- IPO Close Date: May 6, 2025
- Allotment Finalization: May 7, 2025
- Refund Initiation: May 8, 2025
- Shares Credited to Demat: May 8, 2025
- Listing Date: May 9, 2025
Financials
Financial Highlights (₹ in Crores):
| Particulars | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 9.88 | 16.16 | 33.51 |
| Profit After Tax | 0.09 | 0.71 | 5.61 |
| Total Borrowing | 0.97 | 1.69 | 4.56 |
Strengths
- Comprehensive service portfolio in digital learning and training
- Client base spanning diverse sectors with repeat business
- Expansion into international markets (UAE)
- Certified by NSDC under Skill Sathi program
Risks
- Fierce competition in the training and skilling industry
- Dependency on major clients for revenue
- Regulatory changes in the education and skills sector
IPO Anchor Investors Details
No anchor investors have been announced for this IPO.
IPO Promoter Holding Details
| Shareholding Category | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters | 73.24% | To be updated |
| Public | 26.76% | To be updated |
IPO Grey Market Premium (GMP)
| Date | GMP (₹) | IPO Price (₹) | Estimated Listing Price (₹) |
|---|---|---|---|
| May 1 | 0 | 82 | 82 |
Note: GMP can fluctuate based on market sentiment and is not a guaranteed indicator.
Final Thoughts
Wagons Learning Ltd’s IPO is an attractive proposition in the booming education and skilling market in India. With its digital-first approach, diverse offerings, and increasing profitability, the company shows promise. Investors must also consider sectoral risks and dependencies before applying. As always, seek financial guidance tailored to your goals.