Wagons Learning ipo 2025 is set to launch its IPO worth ₹38.38 crores through a book-building process. The offering consists of a fresh issue of 30.80 lakh shares aggregating to ₹25.26 crores and an offer for sale (OFS) of 16.00 lakh shares totaling ₹13.12 crores.
The Wagons Learning IPO will open for subscription on May 2, 2025, and close on May 6, 2025. The allotment is expected to be finalized by May 7, 2025, with the listing scheduled on the BSE SME platform on May 9, 2025.
The price band for the IPO is set between ₹78 to ₹82 per share. Retail investors must apply for a minimum lot size of 1,600 shares, requiring an investment of around ₹1,24,800 at the lower band. To enhance the chances of allotment, it is advisable to bid at the cutoff price, where the investment would be approximately ₹1,31,200. For High-Net-Worth Individuals (HNIs), the minimum application size is 2 lots (3,200 shares) amounting to about ₹2,62,400.
Given Wagons Learning’s position in the corporate training and education sector, the IPO is expected to garner good interest among investors seeking opportunities in the SME segment.
Wagons Learning IPO 2025 Details
| IPO Date | May 2, 2025 to May 6, 2025 |
| Listing Date | Fri, May 9, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹78 to ₹82 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 46,80,000 shares (aggregating up to ₹38.38 Cr) |
| Fresh Issue | 30,80,000 shares (aggregating up to ₹25.26 Cr) |
| Offer for Sale | 16,00,000 shares of ₹10 (aggregating up to ₹13.12 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,25,20,000 shares |
| Share Holding Post Issue | 1,56,00,000 shares |
| Market Maker Portion | 2,35,200 shares |
Wagons Learning IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 11.99% of the Net Issue |
| Retail Shares Offered | Not less than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 38.01% of the Net Issue |
Wagons Learning IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹1,31,200 |
| Retail (Max) | 1 | 1600 | ₹1,31,200 |
| HNI (Min) | 2 | 3200 | ₹2,62,400 |
Wagons Learning IPO important dates
| IPO Open Date | Fri, May 2, 2025 |
| IPO Close Date | Tue, May 6, 2025 |
| Tentative Allotment | Wed, May 7, 2025 |
| Initiation of Refunds | Thu, May 8, 2025 |
| Credit of Shares to Demat | Thu, May 8, 2025 |
| Tentative Listing Date | Fri, May 9, 2025 |
Wagons Learning IPO Promoter Holding
Uday Jagannath Shetty and Raviraj Poojary are the promoters of the company.
| Share Holding Pre Issue | 73.24% |
| Share Holding Post Issue | 48.52% |
Wagons Learning: Company Overview and Growth Journey
This company provides training to employees of other large companies. It focuses on digital learning and skill development. Such businesses are known as B2B, meaning Business-to-Business. Uday Jagannath Shetty and Raviraj Poojary are the promoters of the company.
The promoters claim that they have trained more than 50,000 employees across various companies so far. The company offers its services throughout India and has also opened a branch office in Dubai. In India, the company’s office is located in Pune, Maharashtra.
The company has presented data for only the past two years. Last year, the company’s revenue grew by 96.60%, and in the current financial year, it has already grown by 63.50%. The profit after tax saw a remarkable growth of 688.89% last year, and as of February 29, 2024, it has increased by 677.46%.
Looking at these numbers, it feels as if an actor struggling for years in Bollywood has suddenly delivered a superhit movie at the box office. In the film industry, people know which movie became a superhit, but in this case, the company’s presentation does not clearly show whether the company has found Alibaba’s treasure or received a divine blessing from Indra.