IPO SYNOPSIS

Wagons Learning Ltd
Registered Office:
Office No.302 Tower 2 Montreal,Bus. Center Pallod Farms Baner,
Pune - 411045,
Maharashtra, India.
Public offer of up to 46,80,000 equity shares of face value (₹) 10/- each ("Equity Shares") of the company for cash at a price of (₹) [*]/- per equity share (including a securities premium of (₹) [*] per equity share) (the "Offer Price"), aggregating upto (₹) [*] crores ("Offer"), comprising of fresh offer of upto 30,80,000 equity shares aggregating to (₹) [*] crores (the "Fresh Offer") and an offer for sale of upto 16,00,000 equity shares by Uday Jagannath Shetty and Raviraj Poojary ("The Selling Shareholder") ("Offer for Sale") aggregating to (₹) [*] crores, out of which 2,35,200 equity shares aggregating to (₹) [*] 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 44,44,800 equity shares of face value of (₹) 10/- each at an offer price of (₹) [*]/- per equity share aggregating to (₹) [*] crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 30.00 % and 28.49 %, respectively of the post offer paid up equity share capital of the company. Price Band: (₹) 78 to (₹) 82 per equity share of the face value of (₹) 10 each. The floor price is 7.8 times of the face value of the equity shares and the cap price is 8.2 times of the face value of the equity shares. Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
02-May-25
06-May-25
78.00-82.00
0.00-0.00
Minimum Application for shares in Nos : 1600     Further Multiples of : 1600
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Khandwala Securities Ltd
Project Financed
36.50
 
Post Issue
15.60
 
Issue Price
78.00
 
Projects
To meet out the working capital requirements of the company
Prepayment of repayment of all or a portion of certain outstanding borrowings availed by the company
General corporate purposes
Promoted By
Uday Jagannath Shetty
Raviraj Poojary
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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