Wagons Learning Ltd. refiled Draft Red Herring Prospectus (DRHP) with the BSE SME on Dec 31, 2025, reviving its IPO plans.
The company had initially submitted its IPO papers to SEBI on August 2, 2024.
Wagons Learning IPO Issue Details
- Type: Fixed-Price IPO
- Fresh Issue: 3740000 equity shares amounting to ₹[.] crores.
- Offer-For-Sale (OFS): 860000 equity shares worth ₹[.] crores.
- Book Running Lead Manager: Khandwala Securities Ltd.
- Registrar to the Offer: Cameo Corporate Services Ltd.
About Wagons Learning Ltd.
Incorporated in 2013, Wagons Learning is an EdTech company that provides customized training, digital learning, and skill development solutions for businesses and government organizations. The Company works on a B2B and B2G model and helps organizations improve employee skills, performance, and productivity. It partners with clients across banking, NBFCs, insurance, automotive, IT, healthcare, pharmaceuticals, and large manufacturing and infrastructure sectors.
Financial Performance Highlights:
Wagons Learning Ltd.’s total income grew by 38%, reached ₹46.46 crore in Mar 31, 2025, compared to ₹33.51 crore in Mar 31, 2024.
For the same period, profit after tax jumped 23% to ₹6.92 crore, compared to ₹5.61 crore.
For the latest period ended on Jun 30, 2025, its total income stood at ₹12.18 crore and PAT stood at ₹1.91 crore.








