Wagons Learning IPO: Price, Date, And GMP

Wagons Learning IPO- Complete Overview

Wagons Learning Limited has withdrawn its issue due to "prevailing market conditions".  After Trafiksol's IPO was cancelled by SEBI last year, this is the second IPO that has been withdrawn. This blog will be updated if there is any update in due time.

Wagons Learning IPO under the SME IPO category is a book build issue of Rs. 38.38 Cr by Wagons Learning Limited, established in 2013 and is involved in Digital Learning, Corporate Training, and Skill Development solutions. 

This company does so well with their B2B customer segments within services like training and certifications, digital learning (LMS/LXP), skill development, trainer outsourcing, and payroll management.

Key Service Verticals:

• Corporate Learning & Development.

• Digital Learning Solutions (LMS, Content Development, LXP, Digital Library).

• Skill Development & CSR Implementation.

• Trainer Outsourcing & Payroll Management.

The company specializes in sales training, customer service, soft skills, behavioral, functional, and knowledge-based training across industries such as automotive, banking and financial services, pharma, healthcare, and so on. NSDC certified by Skill Sathi program (valid under the purview of time until January 4, 2027), the company has already trained over 500000 professionals through classroom, virtual, and digital modules.

It caters entirely to Indian clients but has now opened an international branch office in Dubai, UAE, for education technology solutions, digital libraries, execution of government projects, and content development services. The company has also set out to enter the B2C market by rolling out industry-ready certification courses.

 

Wagons Learning IPO Overview

The Wagons Learning IPO date is on 02 May 2025, and its initial public offering will end on 06 May 2025. 

The Rs. 38.38 crore new SME IPO comprises a combination of a fresh issue of 30.80 lac Shares (Rs. 25.26 Cr) and an offer for sale of 16 lac Shares (Rs. 13.12 Cr).

This upcoming IPO date is available from May 02  to May 06, 2025. Wagons Learning IPO price is Rs. 78 to Rs. 82 for each Share. 

The expected Wagons Learning IPO listing date is May 09, 2025, and listing at the BSE and SME.

Click to open demat account and apply for the IPO.

Company Financial

(Amount in Lac)

 

Cash Flows

(Amount in lac)

 

Segment-wise Revenue Breakdown  

(Rs. in lac)

(Source: RHP)

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Requirements for working capital.

• Repayment in full or in part of some outstanding loans that the company has taken out.

• General corporate purposes.

Click to check the IPO application status.

 

Peers of Wagons Learning Ltd.

 

Evaluation

The Wagons Learning Limited IPO price is Rs. 78 to Rs. 82 for each Share.

Evaluation of P/E Ratio

Considering the FY ended 31 Mar 2024 with an EPS of Rs. 4.48 from the last year, the resulting P/E ratio is 18.30x.

Considering the weighted EPS of Rs. 0.89 for the last three years, the P/E ratio is 92.13x.

Explore Arunaya Organics IPO.

 

IPO's Strengths

• Covers Tier 1, 2, 3, and 4 cities throughout the entire country of India.

• Empanelled trainers, seasoned retainership trainers, and in-house subject matter specialists.

• In-house Subject Matter Experts (SME) & Instructional Designers (IDs) for content development

• SMEs & Content team follow the 3D Model.

• Customized large-scale interventions in all 19 regional languages.

 

IPO’s Weaknesses

• Players, both established and new entrants, are competing for a share in an extremely competitive digital learning environment.

• Some learners miss face-to-face interaction and support from instructors in traditional classroom settings.

• Quality assurance and relevance of digital content across various subjects and levels can be a challenge.
  
  

Wagons Learning IPO GMP

Wagons Learning IPO GMP is Rs. 0 as of 28 Apr 2025. Hence, its estimated listing price is Rs. 82.

IPO Timetable (Tentative)

The Wagons IPO date of subscription is May 02 to May 06, 2025, allotment on May 07, refund initiation on May 08, and listing on May 09, 2025.

Wagons Learning IPO Details 

The IPO with a Face Value of Rs. 10 per share offers a total issue size of 46,80,000 Shares (Rs. 38.38 Cr).

IPO Lot Details 

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (1600 Shares) amounting to Rs. 1,31,200 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (3200 Shares) amounting to Rs. 2,62,400.

 

IPO Reservation (% of Net Issue)

 

Promoters And Management of Wagons Learning Ltd.

• Uday Jagannath Shetty

• Raviraj Poojary.
  
  

 

IPO Lead Managers

• Khandwala Securities Limited.
  
  
  

Dividend Policy

The company doesn’t have a formal dividend policy. 

Conclusion

Wagons Learning IPO is one of the opportunities for investors to enter the growing corporate training and digital learning sector of India. The company is a healthy financial growth across India and in the UAE. However, investors should keep in mind the competitive risks involved in the edtech space.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.