Latest news with #WagonsLearningIPO
Mint
07-05-2025
- Business
- Mint
Wagons Learning IPO: allotment to be out soon: Here are steps to check status online, GMP as focus shifts to listing
Wagons Learning IPO: The offer that began May 2, 2025, and concluded May 6, 2025. will see allotment being finalised soon. Here are steps to check status online, GMP as focus shifts to listing on the BSE SME on Friday, 9 May 2025 The Cameo Corporate Services Limited is the registrar for the Wagons Learning IPO and the Wagons Learning shares will be listed on the BSE SME, Hence to check Allotment status online investors need to either go to the registrar Cameo Corporate Services Limited website or the BSE SME Here are the steps to follow and check the status and GMP as focus shifts to listing: Step 1: Go to the website of RegistratCameo Corporate Services Limited and click the link: Step 2: Select any of the link windows for getting the Wagons Learning IPO allotment status Step 3: Select Wagons Learning Limited' from the 'Select IPO' dropdown menu. Step 4: Select any of the following — DPID or Demat number, application number or the PAN number Step 5: Enter the details from the option selected Step 7: Click the submit button Step 1: Go to the BSE website and click the link: tep 2: Select the issue type Step 3: Select Wagons Learning Limited' from the Issue name ' dropdown menu. Step 4: Select any of the following — DPID or Demat number, application number or the PAN number Step 5: Enter the details from the option selected Step 7: Click the submit button Wagons Learning IPO GMP or Grey Market Premium stood at Nil . This indicated that Wagons Learning shares were available in the grey market at the issue price and without any premium. The same also means that the market participants are not expecting any listing gains and the listing of Wagons Learning Services shares is expected to act at similar level and at the issue price of ₹ 82 a piece, without any premium Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
Mint
29-04-2025
- Automotive
- Mint
Upcoming IPO: Wagons Learning IPO opens on May 2; issue price band set at ₹78-82 apiece; check GMP
Upcoming IPO: Wagons Learning Limited IPO will open for subscription on Friday, May 2 and close on Tuesday, May 6. Wagons Learning IPO price band has been fixed at ₹ 78 to ₹ 82 per equity share of face value of ₹ 10 each. Bids can be made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter. Wagons Learning Limited is a provider of corporate training and digital learning solutions, offering B2B services such as training programs, certifications, trainer outsourcing, and payroll management. The company focuses on areas like sales, customer service, soft skills, and industry-specific training across sectors including automotive, BFSI, and healthcare. It also offers LMS, LxP, and digital libraries to corporate clients and educational institutions. As a certified entity by NSDC, it has trained more than 550,000 professionals. With a strategy for global expansion, it has established operations in the UAE and has plans for further international growth, which includes introducing a B2C model with certification courses. In FY2024, the company reported a revenue from operations of ₹ 3,337.68 lakhs, an EBITDA of ₹ 812.65 lakhs, and a PAT of ₹ 561.21 lakhs. By December 2024, the company generated a revenue from operations of ₹ 3,305.78 lakhs, an EBITDA of ₹ 844.15 lakhs, and a PAT of ₹ 554.39 lakhs. As per red herring prospectus (RHP), NIIT Learning Systems Ltd (with a P/E of 24.3), and Vinsys IT Services India Ltd (with a P/E of 19.9). Wagons Learning IPO consists of a fresh issue of 30,80,000 equity shares, aggregating to ₹ 25.26 crore, and an offer-for-sale (OFS) of 13.12 crore equity shares by the promoters and promoter group. The Wagons Learning IPO intends to use the net proceeds from the offering for various purposes, including addressing the company's working capital needs, settling or repaying some of its existing borrowings, and covering general corporate expenses. 'The launch of our Initial Public Offering marks an important milestone in our growth journey. It will enable us to strengthen our existing operations, expand into international markets such as the UAE, and enter the B2C education segment with industry-ready certification programs. With a strong foundation built on client trust, a dedicated team, and a commitment to quality, we believe the company is well-positioned to drive its next phase of growth,' said Uday Jagannath Shetty, Chairman & CEO of Wagons Learning. Khandwala Securities Ltd serves as the lead book-running manager for the Wagons Learning IPO, whereas Cameo Corporate Services Ltd acts as the registrar for this offering. Rikhav Securities Ltd is designated as the market maker for the Wagons Learning IPO. Wagons Learning IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 82 with no premium or discount in the grey market according to 'Grey market premium' indicates investors' readiness to pay more than the issue price.
Mint
29-04-2025
- Automotive
- Mint
Upcoming IPO: Wagons Learning IPO opens on May 2; issue price band set at ₹78-82 apiece; check GMP
Upcoming IPO: Wagons Learning Limited IPO will open for subscription on Friday, May 2 and close on Tuesday, May 6. Wagons Learning IPO price band has been fixed at ₹ 78 to ₹ 82 per equity share of face value of ₹ 10 each. Bids can be made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter. Wagons Learning Limited is a provider of corporate training and digital learning solutions, offering B2B services such as training programs, certifications, trainer outsourcing, and payroll management. The company focuses on areas like sales, customer service, soft skills, and industry-specific training across sectors including automotive, BFSI, and healthcare. It also offers LMS, LxP, and digital libraries to corporate clients and educational institutions. As a certified entity by NSDC, it has trained more than 550,000 professionals. With a strategy for global expansion, it has established operations in the UAE and has plans for further international growth, which includes introducing a B2C model with certification courses. In FY2024, the company reported a revenue from operations of ₹ 3,337.68 lakhs, an EBITDA of ₹ 812.65 lakhs, and a PAT of ₹ 561.21 lakhs. By December 2024, the company generated a revenue from operations of ₹ 3,305.78 lakhs, an EBITDA of ₹ 844.15 lakhs, and a PAT of ₹ 554.39 lakhs. As per red herring prospectus (RHP), NIIT Learning Systems Ltd (with a P/E of 24.3), and Vinsys IT Services India Ltd (with a P/E of 19.9). Wagons Learning IPO consists of a fresh issue of 30,80,000 equity shares, aggregating to ₹ 25.26 crore, and an offer-for-sale (OFS) of 13.12 crore equity shares by the promoters and promoter group. The Wagons Learning IPO intends to use the net proceeds from the offering for various purposes, including addressing the company's working capital needs, settling or repaying some of its existing borrowings, and covering general corporate expenses. 'The launch of our Initial Public Offering marks an important milestone in our growth journey. It will enable us to strengthen our existing operations, expand into international markets such as the UAE, and enter the B2C education segment with industry-ready certification programs. With a strong foundation built on client trust, a dedicated team, and a commitment to quality, we believe the company is well-positioned to drive its next phase of growth,' said Uday Jagannath Shetty, Chairman & CEO of Wagons Learning. Khandwala Securities Ltd serves as the lead book-running manager for the Wagons Learning IPO, whereas Cameo Corporate Services Ltd acts as the registrar for this offering. Rikhav Securities Ltd is designated as the market maker for the Wagons Learning IPO. Wagons Learning IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 82 with no premium or discount in the grey market according to 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision. First Published: 29 Apr 2025, 09:12 AM IST
