Question 1: What is the overview of the Company?

Wagons Learning Limited is a Pune-based company specializing in corporate training, consulting, and skill development solutions. Established to bridge the gap between workforce capabilities and industry expectations, the company provides customized learning and development services to organizations across various sectors, including BFSI, IT, automotive, telecom, and manufacturing.

The core of Wagons Learning’s business lies in offering bespoke training programs in areas such as leadership development, sales effectiveness, soft skills, customer service, and digital transformation. These programs are designed to enhance employee productivity and align individual performance with organizational goals.

The company also delivers government-recognized skill development programs under national and state-level schemes, addressing employability among youth and professionals. Its service offerings include classroom training, e-learning modules, blended learning formats, and performance coaching, using tools like learning management systems (LMS) and digital content platforms.

Wagons Learning operates with a B2B model, engaging with corporate clients, academic institutions, and government bodies. It emphasizes research-driven instructional design and a strong network of certified trainers to ensure measurable learning outcomes.

Segment wise Revenue Bifurcation:

(INR in Lakhs)

Summary of courses and certifications offered by the company:

Question 2: Who are the promoters of the company?

Mr. Uday Jagannath Shetty is the Chairman and CEO of the Company. He has done Bachelor of Science from Fergusson College, Pune University and Master of Business Administration (MBA) with a focus on marketing and finance Management from Pune University.

Mr. Raviraj Poojary is the Managing Director – Automotive and allied Industries of the Company. He has completed Master’s in Business Administration from Pune University and has vast experience working with Auto giants like Tata Motors, Force Motors etc. at various levels. He is responsible for handling operations related to Automotive and Allied Industries of the Company.

Mr. Abhishek Gopal Sinha is the Director of the Company. He has completed Master’s in Business Administration from Indian Institute of Planning and Management Mumbai. He is currently spearheading Government and CSR Implementation business segment at Wagons Learning.

Question 3: How company performed in the past?

Question 4: How much money is the company raising and why?

In the IPO, the company is offering 46.8 Lakh shares, priced at INR 78 – 82 per share, aggregating to total of INR 38.38 Cr, with a lot size of 1600 shares. For the purpose of:

• Funding Working Capital requirements – INR 7.5 Cr
• Repayment of borrowings – INR 4.5 Cr
• Offer For Sale – INR 13.12 Cr
• General Corporate Purposes – INR 13.26 Cr

Question 5: Valuation of the company and comparison with other companies

✅ Strengths

1. Diverse Training Portfolio
   Offers a wide range of corporate training, skill development, and consulting services tailored to various industries like IT, BFSI, manufacturing, and telecom.
2. Customized Learning Solutions
   Specializes in designing client-specific programs, including leadership, soft skills, sales effectiveness, and digital transformation modules.
3. Presence in Government Skill Development Initiatives
   Executes government-sponsored training programs under national and state schemes, expanding its client base beyond the private sector.
4. Tech-Enabled Delivery
   Utilizes blended learning methods through classroom training, e-learning, and learning management systems (LMS) to enhance training effectiveness.
5. Experienced Trainer Network
   Supported by a strong pool of certified trainers and facilitators, ensuring high-quality delivery and domain-specific expertise.

⚠️ Weaknesses

1. Client Concentration Risk
   Business is dependent on a limited number of corporate and institutional clients, making it vulnerable to client attrition or reduced budgets.
2. Scalability Challenges
   Being a people-intensive business, scaling operations without compromising quality can be difficult and may strain resources.
3. Competitive Market
   Faces intense competition from large training firms, EdTech players, and freelance consultants offering similar services.
4. Dependence on Economic Cycles
   Demand for corporate training often fluctuates with business cycles, as companies may reduce training budgets during downturns.
5. Reliance on Government Projects
   While government programs provide revenue, delays in funding or policy changes may impact cash flow and operational planning.

🏢 Company Details

• Company Name: Wagons Learning Limited
• Corporate Identification Number (CIN): U93000PN2013PLC149316
• Registered Office Address:
  Office No. 302, Tower 2, Montreal Business Center,
  Pallod Farms, Baner Gaon, Haveli,
  Pune, Maharashtra – 411045, India
• Phone: +91 81490 06055
• Email: info@wagonslearning.com
• Website: www.wagonslearning.com​

📝 IPO Registrar Details

• Registrar: Cameo Corporate Services Ltd.
• Address:
  Subramanian Building, No.1, Club House Road,
  Chennai, Tamil Nadu – 600002, India
• Phone: +91 44 2846 0390 / 2846 1989
• Email: ipo@cameoindia.com​

✅ Frequently Asked Questions (FAQs) – Wagons Learning Limited IPO

1. What does Wagons Learning Limited do?
Wagons Learning provides corporate training, skill development, and consulting services across industries like IT, BFSI, manufacturing, and telecom.

2. When was the company established?
Wagons Learning was incorporated in 2013.

3. What is the core business model of the company?
The company operates on a B2B model, delivering customized training programs and government-backed skill development initiatives.

4. What types of services does Wagons Learning offer?
It offers leadership training, soft skills development, sales and service excellence, e-learning modules, and government-sponsored skilling programs.

5. Where is Wagons Learning based?
The company is headquartered in Pune, Maharashtra.

6. Who are the key clients of the company?
Wagons serves corporates, government bodies, and academic institutions across India.

7. Does the company use technology in its training delivery?
Yes, it uses blended learning approaches through classroom sessions, digital platforms, and Learning Management Systems (LMS).

8. What are some industries served by Wagons Learning?
Key sectors include information technology, banking & finance, manufacturing, telecom, and education.

9. Who is the registrar for the Wagons Learning IPO?
Cameo Corporate Services Ltd is the registrar for the IPO.

10. How can investors apply for the IPO?
Investors can apply via ASBA (through their bank) or UPI-based applications via online brokers during the IPO window.