Wagons Learning IPO Details
The key details of Wagons Learning’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹38.38 Cr |
| Price Range | ₹78 - ₹82 |
| Retail Quota | 50% |
| QIB Quota | 11.99% |
| NII Quota | 38.01% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1600 |
| Investment (cut-off price) | ₹1,31,200 |
| Pre IPO Promotor Holding | 73.24% |
| Post IPO Promotor Holding | 48.52% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Wagons Learning IPO Timelines
The IPO process for Wagons Learning includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
02/05/2025
Start Date06/05/2025
End DateUpdate soon
Refund InitiationUpdate soon
Credit of Shares to Demat AcUpdate soon
Listing DateWagons Learning IPO Lot Size
The Wagons Learning IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹82 per share, requiring ₹131,200 per lot for retail investors. For HNI investors, the minimum application is 3,200 shares (2 lots) amounting to ₹262,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,31,200 |
| Retail Maximum | 1 | 1600 | ₹1,31,200 |
| HNI Minimum | 2 | 3200 | ₹2,62,400 |
Wagons Learning IPO Subscription Status
The subscription status for Wagons Learning IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 0.00x | 0.01x | 0.16x | -- | 0.08x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Wagons Learning IPO Company Financials
Wagons Learning IPO reports robust performance in FY2024 February with Total Income of ₹31.79 crores, managing expenses at ₹23.66 crores, and achieving a strong PAT (Profit After Tax) of ₹5.52 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹9.89 | ₹9.63 | ₹0.09 |
| FY 2023 | ₹16.17 | ₹14.96 | ₹0.71 |
| FY 2024 (11 M) | ₹31.79 | ₹23.66 | ₹5.52 |
About Company
Wagons Learning Limited, founded in 2013, provides a comprehensive suite of B2B training and development solutions, including corporate training, digital learning platforms (LMS/LXP), skill development initiatives, and operational services like trainer outsourcing and payroll management. The company’s key focus areas include corporate learning and development, digital learning content, CSR-based skill development programs, and education-related operational support. Certified under the NSDC’s Skill Sathi program, Wagons Learning has trained over 500,000 professionals across sectors such as automotive, banking, pharmaceuticals, and healthcare through classroom, virtual, and digital formats.
With its headquarters in India and an international presence via its Dubai branch, Wagons Learning offers digital education solutions, content development, and government project execution globally. It is also expanding into the B2C segment with industry-aligned certification programs aimed at individual learners. As of June 30, 2024, the company has a team of 77 full-time employees supporting its growing operations and service offerings.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2013 | Educational | Raviraj Poojary |
Know Before Investing
Wagons Learning IPO Strengths
- Offers corporate training, digital learning platforms, skill development programs, and payroll management, catering to industries like automotive, BFSI, and healthcare.
- Provides LMS/LxP-compatible digital libraries and software solutions, enabling seamless integration for corporates and educational institutions.
- Trained over 5,00,000 professionals through classroom, virtual, and digital modules, indicating strong market penetration and repeat business.
- Revenue surged from ₹9.89 crore (FY2022) to ₹31.79 crore (Feb 2024), reflecting a CAGR of over 100%, driven by rising demand for corporate training and digital learning solutions.
- Benefits from India’s focus on upskilling and digital education, aligning with trends in corporate training and e-learning adoption.
- Certified by the National Skill Development Corporation (NSDC) under Skill Sathi, enhancing credibility and access to government-backed skill initiatives.
Wagons Learning IPO Risks
- Dependence on a limited number of corporate clients for training services could lead to revenue instability if key contracts are terminated or delayed.
- NSDC certification requirements and evolving government policies for skill development programs could increase compliance costs or restrict business flexibility.
- Intense competition from established players like NIIT Learning Systems and Vinsys IT Services could pressure margins and market share.
- Corporate training demand is cyclical and sensitive to economic downturns, which may reduce client budgets for upskilling initiatives.
- A debt-to-equity ratio of 0.35–0.42 implies existing liabilities, and further leveraging to fund growth could strain cash flows.
Swot Analysis for Wagons Learning IPO
Strengths
Strong profitability metrics, B2B corporate focus, Robust revenue growth
Weaknesses
Limited financial history, Dependency on partnerships, Regulatory non-compliance history
Opportunities
Digital learning expansion, Sector diversification, Government skill initiatives
Threats
Market competition, Operational scaling risks, Economic cyclicality
Company Details
Wagons Learning Limited
Office No. 302, Tower 2, Montreal Business Center, Pallod Farms, Baner, Pune – 411045
Phone: +91-8149006055
Email: compliance@wagonslearning.com
Website: http://www.wagonslearning.com/
IPO Registar Details
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of Wagons Learning IPO are:
- To meet out the Working Capital requirements of the Company
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- To meet out the General Corporate Purposes.
Khandwala Securities Limited is the book-running lead managers for the Wagons Learning IPO.
Wagons Learning IPO demonstrates strong growth potential driven by rapid revenue expansion (₹9.89 crore in FY22 to ₹31.79 crore in FY24) and surge in profitability (PAT jumped from ₹0.09 crore to ₹5.52 crore). Its high operational efficiency (EBITDA margin ~18%, ROCE 30.45%) positions it well in India’s booming edtech and corporate training sector, supported by digitization trends.
The issue price for the Wagons Learning IPO is set between ₹78 to ₹82 per share.
To invest in one lot of Wagons Learning IPO, you need ₹1,24,800 at the lower price band (₹78 per share) or ₹1,31,200 at the upper price band (₹82 per share) for a lot size of 1600 shares.
Wagons Learning IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on May 9, 2025.
Refund/unblocking of funds for Wagons Learning IPO will begin on May 8, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Wagons Learning IPO shares on listing day (May 9, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.