Wagons Learning IPO

Established in 2013, Wagons Learning Limited provides corporate training, digital learning, and skill development solutions through a B2B model. Its services include corporate learning, digital platforms (LMS/LXP), skill development, trainer outsourcing, and payroll management. Specialising in sales, customer service, soft skills, and functional training, it serves industries like automotive, BFSI, pharma, and healthcare. NSDC-certified under the Skill Sathi program, Wagons has trained over 500,000 professionals. With operations across India and a Dubai branch, it is expanding into B2C by launching industry-ready certification courses. As of June 30, 2024, it employs 77 staff.

Wagons Learning Limited IPO Overview 

Wagons Learning IPO is a book-built issue of ₹38.38 crores, comprising a fresh issue of 30.80 lakh shares worth ₹25.26 crores and an offer for sale of 16 lakh shares worth ₹13.12 crores. The IPO opens on May 2, 2025, and closes on May 6, 2025, with allotment expected on May 7, 2025, and tentative listing on May 9, 2025, on the BSE SME platform. The price band is ₹78 to ₹82 per share, with a minimum lot size of 1,600 shares. Retail investors must invest at least ₹1,24,800, ideally bidding at the cutoff price around ₹1,31,200 to manage oversubscription risks. HNI minimum investment is 2 lots (3,200 shares) worth ₹2,62,400. Khandwala Securities Limited is the lead manager, Cameo Corporate Services Limited is the registrar, and Rikhav Securities Limited is the market maker.

Wagons Learning Limited IPO Details

Wagons Learning Limited IPO Reservation

Wagons Learning Limited IPO Lot Size

Wagons Learning Limited IPO Promoter Holding

Wagons Learning Limited IPO Valuation Overview

Objectives of the Proceeds

• To meet the working capital requirements of the company – ₹750.00 lakhs

• Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company – ₹450.00 lakhs

• General corporate purposes

Key Financials (in ₹ lakhs)