Wagons Learning Ltd IPO
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Wagons Learning Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 46.8 L | ₹ 16 L | ₹ 22.22 L | ₹ 91.7 L | BSE | ₹ 38.38 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
02 May, 25 | 06 May, 25 | 1600 | ₹ 1,24,800 | Book Building - SME | 09 May, 25 |
Wagons Learning Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Computers - Education |
Sub Sector | NA |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 532800 | 0 |
NII | 0.01x | 1689600 | 11200 |
Retail | 0.04x | 2222400 | 99200 |
Employee | 0x | 0 | 0 |
Total | 0.02x | 4680000 | 110400 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Wagons Learning Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 7.48 | 1.07 | 0.17 |
EBITDA | 7.51 | 1.13 | 0.19 |
PAT | 5.61 | 0.71 | 0.09 |
Total Assets | 10.14 | 5.82 | 4.03 |
Share Capital | 12.52 | 0.01 | 0.01 |
Total Borrowings | 1.14 | 0.74 | 0.68 |
Operating Activities (Net Cash) | 5.64 | 0.77 | 0.11 |
Investing Activities (Net Cash) | -1.29 | 1.21 | 1.47 |
Financing Activities (Net Cash) | 1.14 | 0.74 | 0.68 |
Net Cashflow | 1.77 | 1.17 | 1.07 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Wagons Learning Ltd
Wagons Learning Limited (Company or Issuer) was originally formed and incorporated as Wagons Learning Private Limited on October 31, 2013 as a private limited Company in the name and style of Wagons Learning Private Limited bearing CIN- U93000PN2013PTC149316. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting held on March 23, 2024, the Company was converted into a Public Limited Company and consequently the name of the Company was changed from Wagons Learning Private Limited to Wagons Learning Limited vide a fresh certificate of incorporation dated June 15, 2024 issued by the Registrar of Companies, Central Processing Centre, bearing CIN U93000PN2013PLC149316.
India has proved itself to be a valuable business centre for multinational corporations across the globe; be it software programming, hardware & networking, finance & accounting, hospitality, travel & tourism, education, fashion, manufacturing, pharmaceuticals or infrastructure management, India plays an undeniably huge role in global terms. The quality of work done from India has seen a steady rise and we have moved from being mere messengers and assembly centres to core manufacturers and service providers. Naturally the opportunities have increased a great deal for job seekers, professionals, investors and entrepreneurs. The market is so young and dynamic at this point that many new enterprises are not even able to accurately define or quantify the volume of work and its prerequisites in advance making it a game of adaptation, flexibility, speed and drive. Corporate training companies play the very important role of the bridging the gap between the education system and the on the job requirements. For example, an exemplary technical mind capable of highly evolved analysis due to interest and knowledge of a subject, may be completely incapable of presenting this analysis to another. This could be due to lack of communication skills or presentation skills or mere language skills. On several occasions, this inability could be due to a mere mind block that isn't fuelled by any plausible reason. Corporate training comes to the rescue of the individual and the organisation. While certain parts of corporate training can be done in-house with internal trainers and facilitators, it is not always possible to cater to all kinds of learning needs with a select set of trainers. Corporate training companies have the right experts suited to different levels, industries and learning objectives and hence the decision to outsource learning to specialized corporate training companies. The Corporate Training Market in India is in its growth stage and will continue to be so for the next 10-15 years. Considering the size and magnitude of growth factors such as a robust IT and service industry, large and young workforce and India's fast GDP growth. Telecom and BFSI are two large industry verticals contributing towards the market growth. Swift transformation from 3G to 4G technology and intense R&D home grown 5G technology training demand is likely to be stable in the telecom space. Training requirements in BFSI sector are growing at a faster rate than telecom as design of banking products and schemes are more data driven due to evolution in FinTech space. Corporate training market is expected to grow by CAGR of around 16.3% between 2023-2027.
Our Company provides corporate training, digital learning, and skill development solutions. We function on a B2B model wherein we provide Training and Certifications, Digital Learning solutions, skill development solutions, trainer outsourcing, and payroll management solutions to our clients. We specialize in corporate training and consulting across a broad range of domains such as sales training, customer service training, softskills and behavioural training, functional training and knowledge based, skill based training solutions to the employees of corporate operating in Automotive, Banking, and financial services, Pharma and healthcare services etc. In addition to certifications and training offerings, we provide comprehensive and advanced digital learning solutions.
Peer Comparison:
- NIIT Learning Systems Ltd
- Vinsys IT Services India Ltd
Wagons Learning Ltd IPO Key Points
Strengths
- Experienced management team with proven project management and implementation skills.
- Strong presence in Corporate Training and Solutions.
- Long term relationship with clients and repeat business.
Risk
- The company registered office / branch office is not owned and the same is taken on lease. Any termination of such lease/license and/or non- renewal thereof and attachment by property owner could adversely affect its operations.
- The Company may not have complied with certain statutory provisions of the Companies Act, 2013. Such non-compliances / lapses may attract penalties and prosecution against the Company and its directors which could impact on the financial position of the Company to that extent.
- In the past, there have been instances of delays in filings of certain returns which were required to be filed as per the reporting requirements under the Goods & Service Act, 2017 and The Employees' Provident Funds and Miscellaneous Provisions Act, 1952.
Strategy
- Market Analysis.
- Value Proposition.
- Target Audience.
- Content Development.
- Technology Infrastructure.
- Experienced management team with proven project management and implementation skills.
- Strong presence in Corporate Training and Solutions.
- Long term relationship with clients and repeat business.
How To Apply for Wagons Learning Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.