Addictive Learning Technology Limited IPO Closed

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IPO date 19 Jan 2024 – 24 Jan 2024
Listing date 30 Jan 2024
Price range 130 – 140
Minimum order quantity 1000
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Addictive Learning Technology Limited (LawSikho) is launching its IPO. The IPO opens for subscription on 19th January and will close on 23rd January 2024.

Disclaimer: This stock will trade with a lot size of 1000 shares in the SME segment on the listing.

What does Addictive Learning Technology Limited (LawSikho) do?

Incorporated in September 2017, Addictive Learning Technology Limited is an educational technology company that specializes in professional upskilling and career services. The company’s three distinctive brands, LawSikho, Skill Arbitrage, and Dataisgood, primarily serve senior and mid-career professionals, as well as young professionals.

Its courses cover a wide range of areas, including law, finance, compliance, human resources, business consulting, artificial intelligence, content writing, and data science.

The company is known for its international bar exam courses, which include the Canadian Barrister & Solicitor Exam and the NCA exam for Indian lawyers wanting to practice in Canada, the UK Solicitor Qualification Exam (SQE) for those aiming to qualify as solicitors in England and Wales, and preparation for the California Bar Exam. The company’s approach to education combines practical, industry-oriented courses with career support, emphasizing a cross-border approach and specialized domains for professional development. Flexible online learning options, including live classes, assignments, and personalized coaching, are key features of their educational offerings.

Schedule of Addictive Learning Technology Limited (LawSikho) IPO

Issue Period 19th January to 24th January 2024
Deadline for accepting UPI mandate  Until 5 PM on the issue closing day
Finalization of Allotment January 25, 2024
Initiation of Refunds January 29, 2024
Credit of Shares January 29, 2024
Date of Listing January 30, 2024
Mandate end date February 07, 2024
Anchor Investors Lock-In End Date (50% of the investment) February 22, 2024
Anchor Investors Lock-In End Date (Remaining investment) April 22, 2024

Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.

How to apply to the Addictive Learning Technology Limited (LawSikho) IPO?

You can apply for the Addictive Learning Technology Limited (LawSikho) IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

How to check the allotment status for the Addictive Learning Technology Limited (LawSikho) IPO?

You can check the allotment status for the Addictive Learning Technology Limited (LawSikho) IPO on the website of the Registrar and Transfer agent.