Wagons Learning Ltd - IPO

Wagons Learning Ltd IPO Details

Public offer of up to 46,80,000 equity shares of face value Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. [*]/- per equity share (including a securities premium of Rs. [*]- per equity share) (the Offer Price), aggregating upto Rs. [*] crores (Offer), comprising of fresh offer of upto 30,80,000 equity shares aggregating to Rs. [*] crores (the Fresh Offer) and an offer for sale of upto 16,00,000 equity shares by Uday Jagannath Shetty and Raviraj Poojary (The Selling Shareholder) (Offer for Sale) aggregating to Rs. [*] crores, out of which [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The offer less the market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 10 each at an offer price of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the Net Offer. The offer and the net offer will constitute [*]% and [*]%, respectively of the post offer paid up equity share capital of the company.

Objective of issue

To meet out the working capital requirements of the company. Prepayment of repayment of all or a portion of certain outstanding borrowings availed by the company. General corporate purposes.

Wagons Learning Ltd Contact Details

Wagons Learning Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - compliance@wagonslearning.com

Website - www.wagonslearning.com