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Lawsikho IPO: The stock opened at Rs 310 against the issue price of Rs 140 on the NSE SME platform

The initial public offering (IPO) of Addictive Learning Technology was subscribed 177.27 at the end of the final day as the issue received consolidated share bids of over 76.17 crore versus the issue size of 42.97 lakh shares.

The Addictive Learning Technology IPO, which was subscribed 177.27 times, has finalized its share allotment. Investors can check the allotment status on the BSE website or the website of registrar Maashitla Securities Private Limited. The retail portion was subscribed 279.85 times, non-institutional investors portion was subscribed nearly 385.63 times, and the portion allotted to qualified institutional buyers (QIBs) received 9.23 crore share bids.

Addictive Learning Technology IPO was subscribed 85.60 times on day 3, with consolidated bids of over 36.78 crore shares. The retail portion was subscribed 188.78 times, non-institutional investors portion nearly 116 times, and the QIB portion received 87.96 lakh bids. The issue has been extended by a day and will now close on January 24. The IPO Committee allocated 11.92 lakh equity shares to anchor investors. The price band is Rs 133-140 per equity share.

The three-day issue will close on January 23, Tuesday. The company has fixed the price band at Rs 133-140 per equity share with the face value of Rs 10 per share.