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News Details

( As on 29/04/2025 14:10)

Wagons Learning Ltd. announces launch of initial public offering

Wagons Learning Ltd. has announced public offering of 4680000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 72.00 per share. The gross proceeds of the issue are expected to be Rs 3,837.60 lakhs.

The company's initial public offer (IPO) will open on 02 May 2025 and is expected to close on 06 May 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 78.00-82.00 per share.

The IPO includes a fresh Issue of 4680000 Equity Shares of the Company at an price of Rs 82.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Wagons Learning Ltd. anticipates using the proceeds of the issue for .

Khandwala Securities Ltd. as lead manager & Cameo Corporate Services Ltd. is the registrar, to the issue.