Wagons Learning Limited is engaged in providing corporate training, digital learning, and skill development solutions. The company operates on a B2B model, offering training and certifications, digital learning (LMS/LXP), skill development, trainer outsourcing, and payroll management.
The Company’s key service verticals:
- Corporate Learning & Development.
- Digital Learning Solutions (LMS, LXP, Content Development, Digital Library).
- Skill Development & CSR Implementation.
- Trainer Outsourcing & Payroll Management.
Wagons Learning specialises in sales training, customer service, soft skills, behavioural, functional, and knowledge-based training across industries like automotive, banking and financial services, pharma, and healthcare. The company is NSDC-certified under the Skill Sathi program (valid till January 4, 2027) and has trained over 500,000 professionals through classroom, virtual, and digital modules.
Wagons Learning serves clients across India and has expanded internationally with a branch office in Dubai, UAE, offering education technology solutions, digital libraries, government project execution, and content development. The company is also entering the B2C space by launching industry-ready certification courses.
As of June 30, 2024, the company employs 77 full-time staff.
Wagons Learning IPO – Details
| IPO Opening Date | 02 May 2025 |
| IPO Closing Date | 06 May 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 46,80,000 Shares Worth ₹38.38 Crore Fresh Issue: 30,80,000 Shares Worth ₹25.26 Crore Offer For Sale: 16,00,000 Shares Worth ₹13.12 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹78 – ₹82 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Cameo Corporate Services Limited |
| QIB Shares Offered | 11.99% |
| NII (HNI) Shares Offered | 38.01% |
| Retail Shares Offered | 50% |
Wagons Learning IPO – Date Schedule
| IPO Open Date | 02 May 2025 |
| IPO Close Date | 06 May 2025 |
| Basis of Allotment | 07 May 2025 |
| Initiation of Refund | 08 May 2025 |
| Credit of Shares to Demat Account | 08 May 2025 |
| IPO Listing Date | 09 May 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 06, 2025 |
Wagons Learning IPO – Lots Size & Price
| 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 |
Competitive Strengths
- Experienced management team with proven project management and implementation skills.
- Strong presence in Corporate Training and Solutions.
- Long-term relationship with clients and repeat business.
Company Promoters
- Uday Jagannath Shetty
- Raviraj Poojary
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 9.88 | 9.63 | 0.09 | 0.97 |
| 31 March 2023 | 16.16 | 14.95 | 0.70 | 1.69 |
| 24 February 2024 | 31.79 | 23.65 | 5.52 | 4.56 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.77% |
| ROCE | 10.94% |
| Debt/Equity | 0.35 |
| RoNW | 14.77% |
| Price to Book Value | 15.95 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 0.57 | 3.86 |
| P/E (x) | 144.76 | 21.23 |
Object Of The Issue
- To meet out the Working Capital requirements of the Company.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
- To meet out the General Corporate Purposes.
Wagons Learning IPO Promoter Holding
| Pre Issue Share Holding | 73.24% |
| Post Issue Share Holding | – |
Wagons Learning IPO Prospectus
- Wagons Learning IPO DRHP
- Wagons Learning IPO RHP
Company Contact Information
| Wagons Learning Limited Office No. 302, Tower 2, Montreal Business Center, Pallod Farms, Baner, Pune Phone: +91-8149006055 Email: compliance@wagonslearning.com Website: http://www.wagonslearning.com/ |
Wagons Learning IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: priya@cameoindia.com Website: https://ipo.cameoindia.com/ |
Wagons Learning IPO Lead Manager(s)
| 1. Khandwala Securities Limited |
Wagons Learning IPO FAQs
| What is Wagons Learning IPO? Wagons Learning IPO is a SME IPO. The issue is priced at ₹78 to ₹82 per equity share. The IPO is to be listed on BSE SME. |
| When Wagons Learning IPO will open? The IPO is to open on 02 May 2025 for QIB, NII, and Retail Investors. |
| What is Wagons Learning IPO Investors Portion? The investors’ portion for QIB – 11.99%, NII – 38.01%, and Retail – 50%. |
| How to Apply the Wagons Learning IPO? You can apply Wagons Learning IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Wagons Learning IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Wagons Learning IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Wagons Learning IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Wagons Learning IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Wagons Learning IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Wagons Learning IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Wagons Learning IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Wagons Learning IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Wagons Learning IPO Size? Wagons Learning IPO size is ₹38.38 Crore. |
| What is the Wagons Learning IPO Price Band? Wagons Learning IPO Price Band is ₹78 to ₹82. |
| What is Wagons Learning IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1600 Shares with ₹1,31,200 amount while the maximum bid is 1600 Shares with ₹1,31,200. |
| What is the Wagons Learning IPO Allotment Date? Wagons Learning IPO allotment date is 07 May 2025. |
| What is the Wagons Learning IPO Listing Date? Wagons Learning IPO listing date is 09 May 2025. The IPO is to be listed on BSE SME. |
