The Wagons Learning SME IPO has been cancelled or withdrawn. The price band is ₹78 to ₹82 per share and one lot is 1600 shares, so the minimum application is ₹1,31,200. The issue size is ₹38.38 crore. It combines a fresh issue of new shares with an offer for sale by existing shareholders. Cameo Corporate Services Limited is the registrar to the issue, and Khandwala Securities Limited is the lead manager.
Wagons Learning Limited is involved in offering corporate training, digital learning, and skill development solutions. The organization has a B2B business model, providing training and certification, digital learning (LMS/LXP), skill development, trainer outsourcing, and payroll management services. Service Verticals:
Corporate Learning & Development Digital Learning Solutions (LMS, LXP, Content Development, Digital Library) Skill Development & CSR Implementation Trainer Outsourcing & Payroll Management Wagons Learning is engaged in sales training, customer service, soft skills, behavioural, functional, and knowledge-based training in sectors such as automotive, banking and financial services, pharma, and healthcare.
Wagons Learning is NSDC-certified under the Skill Sathi program (up to January 4, 2027) and has trained more than 500,000 professionals using classroom, virtual, and digital modules.Wagons Learning has clients from all over India and has forayed abroad with a branch office in Dubai, UAE, with offerings of education technology solutions, digital libraries, government project execution, and content development. It is also moving into the B2C domain by introducing industry-ready certification courses.
As on June 30, 2024, the company has 77 full-time employees.
As described in the offer document.
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Uday Jagannath Shetty, Raviraj Poojary.
Work out the listing gain for this SME IPO
Applications are made through ASBA, where the money is blocked in your own bank account rather than paid, or through a UPI mandate for applications up to five lakh rupees. Through your broker's app, choose the issue, the number of lots and the price; bid at the cut-off price so that the application is valid whatever price the issuer finally fixes; and approve the UPI mandate that arrives from your bank.
Through net banking, the ASBA form in your bank's IPO section does the same without a broker. One application per PAN counts; a second application in the same name is rejected, though applications in family members' names with their own PANs and demat accounts are separate.
Retail applications are capped at two lakh rupees; above that you apply as a non-institutional investor, where allotment is proportionate rather than by lottery. The money stays in your account and earns interest until allotment, and the block is released on the allotment date if you receive nothing.
The expected listing premium, usually called the grey market premium, is the amount per share that unofficial dealers are quoting for the issue before it lists. It is a sentiment reading, not a price you can transact at, and it is not regulated by SEBI or the exchanges. It moves through the day, usually tracks subscription, and often changes sharply in the final hours before listing.
Rupix records every observation and shows the trend, as a percentage of the top of the price band so that issues of different sizes can be compared. It is one input, alongside subscription, the company's financials and the valuation the issue asks for, and it does not predict the listing price.
Wagons Learning IPO is a ₹38.38 crore book-built issue, comprising a fresh issue of ₹25.26 crore and an offer for sale of ₹13.12 crore. It is priced at ₹78–₹82 per share with a lot size of 1,600 shares (₹1,31,200). The IPO has been cancelled. Cameo Corporate Services Limited is the registrar. Khandwala Securities Limited is the book running lead manager.
The price band of Wagons Learning IPO is ₹78 to ₹82 per share.
The lot size of Wagons Learning IPO is 1600 shares.
The minimum investment for Wagons Learning IPO is approximately ₹1,31,200 based on the upper price band.
Wagons Learning IPO opens on May 2, 2025 and closes on May 6, 2025.
The allotment date of Wagons Learning IPO is May 7, 2025.
Wagons Learning IPO is expected to be listed on May 9, 2025, on BSE SME Platform.
No recorded Grey Market Premium (GMP) quote is currently available for Wagons Learning IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Wagons Learning IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Wagons Learning IPO allotment status on Rupix for quick and easy access.