Addictive Learning Technology Ltd IPO |
Registered Office:
U #334 P # 12 3rd Flr Rd # 44,Vardha.Big V Plaza Pitampura
,
Delhi
-
110034
,
Delhi
, India.
Phone :
+91 124 4143608 Fax:
Email : compliance@lawsikho.in
Website : https://lawsikho.com
|
| Initial public offering up to 42,97,000 equity shares of (Rs)10/- each ("Equity Shares") of Addictive Learning Technology Limited ("ALTL" or the "Company") for cash at a price of (Rs)140/- per equity share (the "Issue Price"), aggregating to (Rs)60.16 crores ("The Offer"), comprising a fresh issue of up to 41,37,000 equity shares aggregating to (Rs)57.92 crores by the company ("Fresh Issue") and an offer for sale of up to 1,60,000 equity shares by Ramanuj Mukherjee, Abhyudaya Sunil Agarwal, ("The Promoters" or "Selling Shareholders") Komal Shah and Harsh Jain ("The Promoter Group" or "The Selling Shareholder") aggregating to (Rs)2.24 crores ("Offer for Sale"). out of the offer, 3,16,000 equity shares aggregating to (Rs)4.42 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 39,81,000 equity shares of face value of (Rs)10.00/- each at an issue price of (Rs)140/- per equity share aggregating to (Rs)55.73 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 27.01% and 25.02%, respectively of the post issue paid up equity share capital of the company.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 19-Jan-24 |
24-Jan-24 |
(Rs)140.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1000 Further Multiples of :1000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
49.83 |
| Narnolia Financial Services Ltd |
|
| Project Financed through Current Offer |
60.16 |
|
| Post Issue Equity Share Capital |
15.91 |
|
| Issue Price |
(Rs)140.00 |
|
|