Veranda Learning Solutions Limited

Veranda Learning Solutions Limited

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₹13,700(100 Shares)

Minimum Investment

IPO Dates

Mar 29, 2022 – Mar 31, 2022

Price Band

₹130–137 per equity share

Lot Size

100

Listing

Apr 11, 2022

Listing At

BSE, NSE

Mar 29, 2022Open DateCompleted
Mar 31, 2022Close DateCompleted
TBAAllotment DateUpcoming
Apr 11, 2022Listing DateCompleted

Veranda Learning Solutions Limited Live Subscription Details

All IPOs
Retail10.76x
QIB2.02x
NIIs
3.87x

Overall Subscription

Total Bids Received

3.53x

Veranda Learning Solutions Limited IPO Issue Details

Issue Price
₹130-137 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Apr 11, 2022

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)1100₹13,700
Retail (Max)141,400₹1,91,800
sHNI (Min)151,500₹2,05,500
sHNI (Max)727,200₹9,86,400
bHNI (Min)737,300₹10,00,100

Company Information

Incorporated in 2018, Veranda Learning Solutions Limited offers online and offline coaching services for career-defining courses such as UPSE, Chartered Accountant, Banking, and Government Exams to st...

Valuations

RoNW

N/A%

Financial Information (₹ in Crores)

MetricFY 21FY 21
Total Assets307.3611.51
Total Revenue15.662.54
Profit After Tax18.268.27
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment or pre-payment, in part or full of all or certain of our borrowings.
  2. 2Payment of acquisition consideration of Edureka or repayment of a bridge loan availed specifically for the purpose of discharge of such acquisition consideration of Edureka
  3. 3Growth initiatives.

Veranda Learning Solutions Limited – Promoter(s)

Mr. Kalpathi S. Aghoram
Mr. Kalpathi S. Ganesh
Mr. Kalpathi S. Suresh

Contact Details

Veranda Learning Solutions Limited IPO Documents

Frequently Asked Questions — Veranda Learning Solutions Limited IPO

The Veranda Learning Solutions Limited IPO price band is set at ₹130.00 to ₹137.00 per equity share.

The lot size for Veranda Learning Solutions Limited IPO is 100 shares per lot. The minimum investment amount is approximately ₹13,700.

The Veranda Learning Solutions Limited IPO opens on Mar 29, 2022 and closes on Mar 31, 2022.

Veranda Learning Solutions Limited IPO is expected to be listed on Apr 11, 2022 on BSE, NSE.

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