Wagons Learning IPO Date, Review, Price, Allotment Details
Amaan Khan | April, 2025
Wagons Learning is all set to open its IPO on May 2, 2025, and it will remain open for subscription until May 6, 2025. The IPO is a book-built issue, with the company aiming to raise around ₹38.38 crores. This includes a fresh issue worth ₹25.26 crores and an offer for sale (OFS) of up to 16,00,000 equity shares, each with a face value of ₹10.
The price band for the IPO is set between ₹78 and ₹82 per share. The allocation for investors is divided into 50% for retail investors, 11.99% for Qualified Institutional Buyers (QIBs), and 38.01% for High Net-worth Individuals (HNIs).
Post the IPO, Wagons Learning is scheduled to get listed on the BSE on May 9, 2025, while the allotment date is expected to be May 7, 2025.
Looking at the company’s financial performance, Wagons Learning’s revenue more than doubled from ₹16.17 crores in 2023 to ₹31.79 crores in 2024. Similarly, its profit surged from ₹0.71 crores to ₹5.52 crores over the same period.

LOT SIZE
The Wagons Learning IPO minimum market lot is 1600 shares with ₹1,31,200 application amount.
Application | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | 1600 | ₹1,31,200 |
Retail Maximum | 1 | 1600 | ₹1,31,200 |
S-HNI Minimum | 2 | 3200 | ₹2,62,400 |
Key Performance Indicator (KPI)
IPO Details
Check Wagons Learning IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
.
KPI | Values |
---|---|
ROE: | 14.77% |
ROCE: | 10.94% |
EBITDA Margin: | 7.48% |
PAT Margin: | 5.35% |
Debt to equity ratio: | 0.42 |
Earning Per Share (EPS): | ₹475.19 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 14.77% |
Net Asset Value (NAV): | ₹3,183.39 |
IPO Open Date: | 2-May-25 |
---|---|
IPO Close Date: | 6-May-25 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹78 to ₹82 Per Share |
Issue Size: | Approx ₹38.38 Crores |
Fresh Issue: | Approx ₹25.26 Crores |
Offer for Sale: | Approx 16,00,000 Equity Shares |
Issue Type: | Book build Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 50% |
QIB Quota: | Not more than 11.99% |
NII Quota: | Not more than 38.01% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Important Dates
Wagons Learning IPO Company Financial Report
The Wagons Learning IPO will open for subscription on May 2, 2025, and will close on May 6, 2025. The basis of allotment is expected to be finalized on May 7, 2025, with the company’s shares scheduled to be listed on the BSE on May 9, 2025.
In terms of financial growth, Wagons Learning reported a revenue of ₹31.79 crores in FY 2024, marking a strong jump from ₹16.17 crores in FY 2023. The company’s profitability also saw a significant boost, with net profit rising to ₹5.52 crores in 2024, compared to ₹0.71 crores in the previous year.
Amount ₹ in Crores
IPO Open Date: | 2-May-25 |
---|---|
IPO Close Date: | 6-May-25 |
Basis of Allotment: | 7-May-25 |
Refunds: | 8-May-25 |
Credit to Demat Account: | 8-May-25 |
IPO Listing Date: | 9-May-25 |
Period Ended | Revenue | Expense | Profit After Tax | Assets |
---|---|---|---|---|
2022 | ₹9.89 | ₹9.63 | ₹0.09 | ₹6.47 |
2023 | ₹16.17 | ₹14.96 | ₹0.71 | ₹8.54 |
Feb-24 | ₹31.79 | ₹23.66 | ₹5.52 | ₹22.81 |
About Promoters & Company
The promoters of the company are Uday Jagannath Shetty and Raviraj Poojary.
Wagons Learning Limited is a fast-growing company that specializes in corporate training, digital learning solutions, and skill development programs. With a strong focus on the B2B segment, Wagons Learning helps businesses enhance their workforce capabilities through customized learning and development services.
Core Service Offerings:
Corporate Learning & Development Programs
Digital Learning Solutions (including Learning Management Systems (LMS), Learning Experience Platforms (LXP), digital content development, and digital libraries)
Skill Development Initiatives and CSR Project Implementation
Trainer Outsourcing and Payroll Management Services
Wagons Learning stands out by offering specialized training in sales, customer service, soft skills, behavioral skills, and functional knowledge, catering to industries like automotive, banking and financial services, pharmaceuticals, and healthcare.
Recognized for its quality, Wagons Learning holds a certification from the National Skill Development Corporation (NSDC) under the Skill Sathi program, valid until January 4, 2027. The company has successfully trained over 500,000 professionals through a mix of in-person, virtual, and digital learning modules.
Expanding Globally
In addition to a strong presence across India, Wagons Learning has also expanded internationally by opening a branch office in Dubai, UAE. Through this branch, the company offers education technology solutions, content development, government project execution, and digital library services to a global client base.
Entering the B2C Space
Moving beyond traditional corporate services, Wagons Learning is now stepping into the B2C market with the launch of industry-ready certification courses, aiming to bridge the gap between academic learning and real-world job requirements.
Peer Group companies comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
---|---|---|---|---|---|
NIIT Learning Systems Limited | 7.39 | 29.3 | 28 | 24.23 | 136.18 Cr. |
Vinsys IT Services India Limited | 15.01 | 26.8 | 60.72 | 24.73 | 94.85 Cr. |
Objectives of IPO
To fund the working capital requirements of the company.
To prepay or repay certain outstanding borrowings.
To support general corporate purposes and strengthen overall business operations.
Wagons Learning IPO Registrar
Merchant Bankers
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
Khandwala Securities Limited
Check Grey market premium at below
Company Address
Wagons Learning Limited
Office No. 302, Tower 2,
Montreal Business Center,
Pallod Farms, Baner, Pune
Phone: +91-8149006055
Email: compliance@wagonslearning.com
Website: http://www.wagonslearning.com