Wagons Learning IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Thu May 01 2025

Wagons Learning IPO is open for bidding on 2nd May 2025. It is a book-building IPO consisting of a fresh issue of 30.80 lakh shares worth ₹25.26 crores and an offer for sale of 16 lakh shares aggregating to ₹13.12 crores. The issue will be listed on BSE and SME on its tentative listing date, 9th May 2025.
Wagons Learning IPO Details
Wagons Learning IPO date is fixed between 2nd May 2025 and 6th May 2025. The face value of Wagons Learning Limited shares stands at ₹10 per share, and the IPO price band is fixed between ₹78 to ₹82 per share.
Cameo Corporate Services Ltd. is the registrar of Wagons Learning IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 2nd May 2025 |
IPO Close Date | 6th May 2025 |
IPO Allotment Date | 7th May 2025 |
Refund Initiation | 8th May 2025 |
Issue Size | 46,80,000 shares |
Face Value | ₹10 per share |
Lot Size | 1600 shares |
Issue Band | ₹78 to ₹82 per share |
Market Makers Portion | 2,35,200 shares |
Issue Type | Book-built IPO |
Listing At | BSE SME |
Listing Date | 9th May 2025 |
Wagons Learning IPO Share Reservation
Wagons Learning IPO is a bookbuilding IPO issue of 4680000 shares worth ₹38.38 crores. Wagons Limited shares will be listed on BSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories.
Investor Categories | Reservation Required |
Retail Investors | >50.00% of the net offer |
QIB Shares Offered | <11.99% of the net offer |
NII (sNII+bNII) | >38.01% of the net offer |
Total | 100.00% |
Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors).
Wagons Learning IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on Wagons Learning IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
01-05-2025 | ₹82 | ₹0 | ₹82 | 0% |
30-04-2025 | ₹82 | ₹0 | ₹82 | 0% |
29-04-2025 | ₹82 | ₹0 | ₹82 | 0% |
28-04-2025 | ₹82 | ₹0 | ₹82 | 0% |
As of 1st May 2025, Wagons Learning IPO GMP stands at ₹0 per share, which means the share will likely show a flat listing at ₹82 (82+0) on its tentative listing date, 9th May 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Wagons Learning IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Wagons Learning IPO Review

Check out the detailed Wagons Learning IPO review for a thorough understanding of its potential to report listing gains on 9th May 2025. The Wagons Learning IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for the Wagons Learning IPO.
Wagons Learning Limited’s revenue increased by 107.23% from ₹16.17 crore in March 2023 to ₹33.51 crore in March 2024. Moreover, the company’s PAT increased by 690.14% from ₹0.71 crore to ₹5.61 crore.
Wagons Learning Limited has shown consistent revenue growth, indicating that the company is financially stable. So, it can have a positive outlook for Wagons Learning IPO for its tentative listing day, which is 9th May 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of Wagons Learning IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 18.29 |
EPS (Earnings Per Share) | 4.48 |
RoNW | 60.80% |
ROE (Return on Equity) | 60.80% |
ROCE | 45.27% |
PAT Margin (Profit After Tax) | 16.81 |
Market Capitalisation | ₹127.92 Cr |
The PE ratio of Wagons Learning Limited shares is 18.29, and its Earnings Per Share (EPS) stands at 4.48. The Wagons Learning IPO can potentially deliver gains on its tentative listing date, 9th May 2025.
Wagons Learning Limited Peer Comparison
Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS | RoNW (in %) |
Wagons Learning Limited | 16.10 | 18.29 | 10 | 4.48 | 60.80% |
NIIT Learning Systems Ltd. | 1585 | 24.3 | 2 | 7.29 | 17.54% |
Vinsys IT Services India Ltd. | 171 | 19.9 | 10 | 7.44 | 22.68 |
Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Wagons Learning Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | 18.29 | 17.31 |
EPS | 4.48 | 4.74 |
Wagons Learning IPO Subscription Status
Wagons Learning IPO is now open for bidding on 2nd May 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Wagons Learning IPO Subscription Status.
Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
QIB | Yet to be announced | Yet to be announced | Yet to be announced |
NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
Market Maker | 235200 | Yet to be announced | Yet to be announced |
Total | Yet to be announced | Yet to be announced | Yet to be announced |
About Wagons Learning Limited

Wagons Learning Limited was incorporated in 2013 and is engaged in providing services like corporate training, digital learning, and solutions curated for skill development. Operating on a B2B model, the key service verticals of the company are as follows:
- Corporate learning & development.
- Skill development & implementation of CSR.
- Digital learning solutions like LMS, content development, and digital library.
- Trainer outsourcing & payroll management
Wagons Learning Limited Financials
The company’s financial analysis is essential before applying for the Wagons Learning IPO. Look at the table to learn about Wagons Learning Limited’s financials.
Year Ended | 31st December 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
Assets | 33.02 | 21.41 | 8.54 | 6.47 |
Revenue | 33.23 | 33.51 | 16.17 | 9.89 |
Profit After Tax | 5.54 | 5.61 | 0.71 | 0.09 |
Debt | 10.45 | 4.23 | 1.69 | 0.97 |
Net Worth | 19.2 | 13.66 | 4.8 | 4.09 |
Explanation
Wagons Learning Limited’s revenue increased by 107.23% from ₹16.17 crore in March 2023 to ₹33.51 crore in March 2024. Moreover, the company’s PAT increased by 690.14% from ₹0.71 crore to ₹5.61 crore.
Wagons Learning IPO Bidding Requirements
Wagons Learning IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Investor Category | Lots | Shares | Amount (in Rs) |
Retail (Minimum) | 1 | 1600 shares | ₹1,31,200 |
Retail (Maximum) | 1 | 1600 shares | ₹1,31,200 |
HNIs (Minimum) | 2 | 3200 shares | ₹2,62,400 |
Wagons Learning IPO Promoter Holdings
Have a look at the table below to check about the holdings of Wagons Learning Limited’s promoters: Uday Jagannath Shetty and Raviraj Poojary
Share Holding Pre-Issue | 73.24% |
Share Holding Post-Issue | 48.52% |
Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue.
Aim of Wagons Learning IPO
The primary aim of Wagons Learning IPO is to raise ₹38.38 crores. On the other hand, Wagons Learning Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for Wagons Learning IPO.
- To meet working capital requirements.
- To meet general corporate purposes.
- Repayment of certain outstanding borrowings availed by the company.
Should I Invest in Wagons Learning IPO?
“WLL is engaged in providing corporate training, digital learning, and skill development solutions on a B2B basis. The sudden boost in its top and bottom lines from FY24 onwards raises eyebrows and concern over its sustainability. The company is operating in a highly competitive and fragmented segment. Based on its financial data, the issue appears aggressively priced. There is no harm in skipping this “High Risk/Low Return” pricey bet.” ~ Dilip Davda (Editor at Chittorgarh Infotech Private Limited)
Explore the pros and cons of Wagons Learning IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Wagons Learning IPO
- PAN India availability
- In-house domain experts and experienced trainers
- Customised large-scale interventions in 19 regional languages
Cons of Wagons Learning IPO
- Aggressively priced
- Highly competitive segment
How to Apply for Wagons Learning IPO?

Check the steps mentioned below to apply for Wagons Learning IPO.
- Step 1: Conduct thorough research on Wagons Learning IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for one lot of 1600 shares worth ₹1,31,200 of Wagons Learning IPO.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for Wagons Learning IPO from more than one demat account to increase your allotment chances.
How to Check Wagons Learning IPO Allotment Status?
You can check for Wagons Learning IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose Wagons Learning IPO.
- Choose whether to proceed with the PAN number or application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Wagons Learning IPO allotment status.
Let’s Wrap
Wagons Learning IPO is a bookbuilding issue of 4680000 shares worth ₹38.38 crores. The shares of Wagons Learning Limited will be listed on BSE and SME on its tentative listing date of 9th May 2025. Researching Wagons Learning IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted its pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Wagons Learning IPO
1. How is Wagons Learning IPO?
Ans. Currently, on 1st May 2025, Wagons Learning IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the IPO will show a flat listing (₹82+0). It is a combination of fresh issue of 30.80 lakh shares aggregating to ₹25.26 crores and offer for sale of 16 lakh shares aggregating to ₹13.12 crores. The IPO issue price band is set between ₹78 to ₹82 per share, and the face value of each share is ₹10.
2. What is Wagons Learning IPO price?
Ans. Wagons Learning IPO price band has been set between ₹78 to ₹82 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1600 shares worth ₹1,31,200. Moreover, HNIs are required to bid for a minimum of 2 lots (3200 shares) worth ₹2,62,400.
3. Is Wagons Learning IPO good?
Ans. During FY23-24, Wagons Learning Limited’s revenue increased by 107.23% from ₹16.17 crore in March 2023 to ₹33.51 crore in March 2024. Moreover, the company’s PAT increased by 690.14% from ₹0.71 crore to ₹5.61 crore. However, industry experts suggest skipping this IPO due to concerns over its sustainability.
4. Who is the registrar of the Wagons Learning IPO?
Ans. Cameo Corporate Services Limited is the registrar of Wagons Learning IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any query regarding Wagons Learning IPO allotment and refund, you can contact Cameo Corporate Services Limited at https://ipo.cameoindia.com/ or +91-44-28460390.
5. What is the issue size of the Wagons Learning IPO?
Ans. Wagons Learning IPO is the bookbuilding IPO for 4680000 shares worth ₹38.38 crore. It is a combination of fresh issue of 30.80 lakh shares aggregating to ₹25.26 crores and offer for sale of 16 lakh shares aggregating to ₹13.12 crores. Moreover, the IPO is set to open on 2nd May 2025 and will be closed on 6th May 2025.
Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about the Wagons Learning IPO, download the Wagons Learning IPO RHP and Wagons Learning IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
Read Our Articles on the Best Stocks
Best Cement Stocks To Invest in India
What is Earnings Per Share EPS?
Top Multibagger Penny Stocks For 2025 | Potential Picks
Fundamentally Strong Stocks on NSE in 2025
Debt-Free Penny Stocks in India 2025
Best Realty Stocks In India 2025
Debt Free Penny Stocks Below 1 Rupee
Also Explore
Explore Current and Previous IPOs
Company | Opening Date | Closing Date |
Arisinfra Solutions Limited | 20th March 2025 | 25th March 2025 |
Paradeep Parivahan Limited | 17th March 2025 | 19th March 2025 |
Divine Hira Jewellers Limited | 17th March 2025 | 19th March 2025 |
Super Iron Foundry Limited | 11th March 2025 | 13th March 2025 |
PDP Shipping & Projects Limited | 10th March 2025 | 12th March 2025 |
NAPS Global India Limited | 4th March 2025 | 6th March 2025 |
Balaji Phosphates Limited | 28th February 2025 | 04th March 2025 |
Shreenath Paper Products Limited | 25th February 2025 | 28th February 2025 |
Nukleus Office Solutions Limtied | 24th February 2025 | 27th February 2025 |
Beezasan Explotech Limited | 21th February 2025 | 25th February 2025 |
HP Telecom India Limited | 20th February 2025 | 24th February 2025 |
Univest Screeners
Explore Webstories on Univest
1. Best Time To Buy Dividend Stocks
2. How RBI Policies Affect Dividend Stocks
3. Can Dividend Stocks Beat Inflation
4. What Is The Dividend Aristocrat List
5. Which Indian Psus Offer The Best Dividends
6. Large Cap Vs Small Cap Dividend Stocks
Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Related Posts
Manoj Jewellers IPO GMP & Review: Apply or Avoid?
Jindal Steel Q4 Results 2025: Consolidated Loss of 340 Cr Amid Exceptional Charges | Check More
Wagons Learning IPO GMP: Day 1 IPO Live Updates
Stocks to Watch Today: 2nd May 2025 | Federal Bank, Sonata, NCC, KPI Green, HAL, & More!
Varun Beverages Q4 Results 2025: Consolidated Net Profit Surges 33.45% YoY; Check Further Details!