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Lawsikho IPO

Listed SME NSE SME · E-Learning

Price Band

₹133.0–140.0

Issue Size

₹60.16 Cr

Lot Size

1,000 shares

Min Investment

₹140,000

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹175.0 (125.0%)

Issue Price

₹140.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹133000

Paid only if allotted

Lawsikho IPO AI Summary

  • Lawsikho IPO is listed on NSE SME in the E-Learning sector.
  • Price band: ₹133.0–₹140.0 per share, lot size 1,000 shares (min. investment ₹140,000).
  • Subscription window: 19 Jan–24 Jan 2024, listing on 30 Jan 2024.
  • Current GMP is +₹175.0 (125.0%), an estimated listing price of ₹315 — unofficial and can change daily.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Lawsikho IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 24 Jan 2024 — not a current signal.

Subscribe 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Fri, 19 Jan 2024
IPO Close Date
Wed, 24 Jan 2024
Allotment Date
Thu, 25 Jan 2024
Refund Initiation
Mon, 29 Jan 2024
Credit of Shares
Mon, 29 Jan 2024
Listing Date
Tue, 30 Jan 2024
Listing Price
₹315.0 +125.0%

Subscription Status

Subscription data unavailable

Lawsikho IPO Grey Market Premium (GMP) Today

GMP

+₹175.0

GMP %

+125.0%

Est. Listing

₹315.0

Updated: 25 Jul 2026 14:07

About the Company

Incorporated in September 2017, Addictive Learning Technology Limited is an educational technology platform that primarily caters to senior and mid-career professionals, and sometimes young professionals, providing upskilling and career services. The company offers courses and training programs to help individuals advance their skills. The company covers Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science under three different brands: LawSikho, Skill Arbitrage, and Dataisgood. The company also offers international bar exam courses, such as CANADA BAR EXAM: Indian lawyers who want to practice in Canada must pass the Canadian Barrister & Solicitor Exam and NCA exam. UK SOLICITOR QUALIFICATION EXAM: Indian lawyers can now train to qualify as solicitors in England and Wales by passing the solicitors' qualifying exam (SQE). CALIFORNIA BAR EXAM: How to successfully pass the California Bar Exam and begin practising law in the United States. The company's courses are accredited by the National Skill Development Corporation (NSDC), a PPP under the Ministry of Skill Development and Entrepreneurship of the Government of India. Upon successful completion of their chosen course, the learners are awarded a certificate that is co-branded by NSDC and Skill India. As of October 2023, the company employs 145 full-time employees and 444 full-time professionals/consultants providing their services.

Company Financials (₹ Cr)

As of 2023-08-31

Period Ended 31 Aug 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 13.25 9.21 1.03 0.65
Total Income 24.82 33.54 18.59 6.78
Profit After Tax 3.16 2.47 -0.49 -0.01
NET Worth 5.22 2.06 -0.41 -0.02
Reserves and Surplus 5.12 1.96 -0.51 -0.02
Total Borrowing 0.16

Key Ratios

EPS

₹2.10

NAV

₹187.55

ROE

119.79%

ROCE

157.53%

RoNW

119.79%

P/B Value

0.29

P/E Ratio

66.69

Market Cap

₹222.74 Cr

PAT Margin

7.37%

Debt/Equity

0.08

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Career Point Limited 245.82 4.96% 15.41 12.2 12.2
CL Educate Limited 48.76 4.96% 32.56 2.41 2.41
Addictive Learning Technology Limited This IPO 474.79 119.79% 66.69 4.94 4.94

Promoters

Ramanuj Mukherjee and Abhyudaya Sunil Agarwal

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Unidentified Acquisition (In India & Abroad) 5.00 2 Identified Acquisition 3.00 3 Investment in Technology 8.00 4 Development of new courses 5.00 5 Branding & Marketing Expenses 10.00 6 Working Capital Requirement 8.00 7 General Corporate Purposes 10.83 8 Issue Expenses# 10.32

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹18.59 Cr in the year ending 31 Mar 2022, increasing to ₹33.54 Cr by 31 Mar 2023. However, the most recent figure of ₹24.82 Cr as of 31 Aug 2023 is lower than the previous full year, indicating a decrease in revenue, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit After Tax was a loss of ₹0.49 Cr in the year ending 31 Mar 2022, improving to a profit of ₹2.47 Cr by 31 Mar 2023. The most recent profit figure of ₹3.16 Cr as of 31 Aug 2023 shows continued growth.

Valuation

The IPO is priced at a P/E ratio of 66.69 based on its earnings per share (EPS) of ₹2.10. This is compared to peers with P/E ratios ranging from 15.41 to 32.56.

Grey Market Premium, Explained

The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand for the shares in the grey market, which is outside the regulated stock exchange. A higher GMP suggests strong demand and potential for listing gains.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market position.

Who May Want to Wait

Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, as it operates in a competitive and evolving sector with inherent uncertainties.

IPO Timeline, Explained

The IPO opens for subscription on 19 January 2024 and closes on 24 January 2024. Allotment of shares will be done on 25 January 2024, and the listing is expected on 30 January 2024.

Listing Gains — The Risk

Listing-day gains can be unpredictable and are influenced by market conditions, investor sentiment, and the company's performance. Investors should be aware that while some IPOs may see significant gains on their first day, others may not perform as expected.

This evaluation is generated from Lawsikho's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Lawsikho IPO GMP today?

Lawsikho IPO GMP today is +₹175.0 (125.0%), indicating an estimated listing price of ₹315. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Lawsikho IPO?

The price band of Lawsikho IPO is ₹133.0–₹140.0 per share.

When does Lawsikho IPO open and close?

Lawsikho IPO opens on 19 January 2024 and closes on 24 January 2024.

When does Lawsikho IPO list on the stock exchange?

Lawsikho IPO listed on 30 January 2024 at ₹315.0.

What is the lot size for Lawsikho IPO?

The lot size for Lawsikho IPO is 1000 shares, requiring a minimum investment of ₹140,000.

What is the lot size for the IPO?

The lot size for the IPO is 1000 shares.

What is the minimum investment required?

The minimum investment required is ₹140,000.

What is the price band for the IPO?

The price band for the IPO is ₹133.0 to ₹140.0.

When is the listing date?

The listing date is expected to be on 30 January 2024.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on demand in the unofficial market.

Issue Details

Issue Type SME Book Built
Issue Size ₹60.16 Cr
Price Band ₹133.0 – ₹140.0
Issue Price ₹140.0
Lot Size 1,000 shares
Min Investment ₹140,000
Exchange NSE SME
Sector E-Learning
Open Date 19 Jan 2024
Close Date 24 Jan 2024
Allotment 25 Jan 2024
Listing Date 30 Jan 2024

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Maashitla Securities Pvt.Ltd.

Lead Managers / Book Running

Narnolia Financial Services Ltd.

IPO Timeline

Open

19 Jan 2024

Close

24 Jan 2024

Allotment

25 Jan 2024

Listing

30 Jan 2024

Community Sentiment

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