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.

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.

LOT SIZE

The Wagons Learning IPO minimum market lot is 1600 shares with ₹1,31,200 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹1,31,200
Retail Maximum11600₹1,31,200
S-HNI Minimum23200₹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.

.

KPIValues
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 EndedRevenueExpenseProfit After TaxAssets
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

CompanyEPSPE RatioRoNW %NAVIncome
NIIT Learning Systems Limited7.3929.32824.23136.18 Cr.
Vinsys IT Services India Limited15.0126.860.7224.7394.85 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 

  (GMP)   

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

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