The Digital Platform Learning Solution company Veranda Learning IPO will open on 29 March 2022 and closes on 31 March 2022. The company wants to raise ₹200 crore through this IPO. The IPO will have a fresh issue of ₹200 crore and an offer for sale of ₹- crore. The company fixed the price band of this IPO at ₹130 to ₹137 Per Share. The company has reserved 75% for QIB, 10% for retail and 15% for NII in this IPO. You can check here to know Veranda Learning IPO GMP and Veranda Learning IPO subscription status here.
Veranda Learning Solution company engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates (collectively “Students”) professionals and corporate employees (“Learners”) enrolled with our courses through multitude of career-defining competitive exams, professional courses, exam-oriented courses, short term upskilling and reskilling courses.
| Read also: Upcoming IPO List 2022 |
The Platform provide comprehensive long term and short term preparatory courses in a simple and lucid manner for Students preparing for UPSC Exams, State Public Service Commission, Staff Selection Commission, Banking, Insurance, Railways and Chartered Accountancy. We also provide customised short term skilling courses, long term courses and other corporate courses to our Learners. We also deliver these courses to employees of corporates through our B2B offerings.
■ Company Strengths :
- Proven track record of our Promoters
- Result oriented method of teaching with 360 degree approach
- Diversified course offerings and delivery channels
- Extensive experience in the education business and professionally qualified human capital
- Strong Brand Presence of our brands
- Track record of successful acquisition and expansion
- Efficient infrastructure and resource management with strict quality control standards and affordable courses
- Technology driven, Asset Light & Scalable business model
- Pandemic Proof Model
Veranda Learning IPO Review :
■ AVOID
Veranda Learning IPO Date & Price Band & Details :
| IPO Open : | 29 March 2022 |
| IPO Close : | 31 March 2022 |
| IPO Size : | ₹200. Cr |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹130– ₹137 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹200. Cr |
| Fresh Issue : | ₹200. Cr |
| Offer For Sale : | ₹. Cr |
Veranda Learning IPO Market Lot :
Veranda Learning IPO Minimum Market lot is 1 Lot with 100 shares with ₹13,700 Application amount. The retail investors can apply up to 14 lots with 1400 Shares or ₹191,800 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 100 Shares |
| Minimum Amount : | ₹13,700 |
| Maximum Lot Size : | 14 Lot |
| Maximum shares : | 1400 Shares |
| Maximum Amount : | ₹₹191,800 |
Veranda Learning IPO Shares Offer :
A Total of 14,598,540 shares are to be bid for the public issue by Veranda Learning IPO with 14,598,540 for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 14,598,540 | ₹200 Cr |
| Offer For Sale : | – | ₹– |
| Total : | 14,598,540 | ₹200 Cr |
Veranda Learning IPO Reservation :
Veranda Learning IPO Total Reservation of 14,598,540 shares are to be bid for the public issue by Veranda Learning IPO with 10,948,905 for QIB and 2,189,781 for NII 14,59,854 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 10,948,905 | ₹150 Cr |
| NII : | 15% | 2,189,781 | ₹30 Cr |
| RII : | 10% | 14,59,854 | ₹20 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 14,598,540 | ₹200 Cr |
Veranda Learning IPO EPS :
The Veranda Learning company’s EPS growth is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-3M | ₹1.84 |
| 2021 | ₹7.29 |
| 2020 | ₹489.69 |
| 2019 | ₹245.88 |
Veranda Learning IPO Peer Comparison PE :
The Veranda Learning, According to DRHP of the company e no listed companies in India whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | No listed companies in India | – |
Veranda Learning IPO Dates :
Veranda Learning IPO Date is 29 March 2022 and closes on 31 March 2022. The allotment will be finalized on 05 April 2022 and the IPO may list on 11 April 2022.
| Open Date : | 29 March 2022 |
| Close Date : | 31 March 2022 |
| Allotment Date : | 05 April 2022 |
| Refund Date : | 06 April 2022 |
| Share Credit Date : | 06 April 2022 |
| Listing Date : | 11 April 2022 |
Veranda Learning IPO Form :
There are two ways to apply in Veranda Learning IPO. You can apply for Veranda Learning IPO through ASBA available in your bank account. You have to go to your online bank login and select Veranda Learning IPO in the Invest section and apply through your bank account. Another option is you can apply for Veranda Learning IPO through IPO form download through NSE and BSE. See the Veranda Learning IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Veranda Learning Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2021-6M | ₹156.61 | ₹341.39 | ₹182.69 |
| 2021 | ₹25.45 | ₹108.32 | ₹893.40 |
| Read also:- Rights issue list 2022 |
Company Promoters :
■ Mr. Kalpathi S. Suresh
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Veranda Learning IPO Lead Managers :
■ Systematix Corporate Services Limited
Veranda Learning IPO Registrar :
KFin Technologies Private Limited
Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor Grievance E- mail:[email protected]
Website: www.kfintech.com
Note: Check Veranda Learning IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Veranda Learning Solutions Limited
Old No 54, New No 34
Thirumalai Pillai Road
T. Nagar, Chennai – 600017
Tamil Nadu, India
Tel: +91 44 4296 7777
Email: [email protected]
Website: www.verandalearning.com
Veranda Learning IPO FAQs :
What is Veranda Learning IPO?
Veranda Learning IPO is Mainboard IPO. They are going to raise ₹200. Crores via IPO. The issue is priced at ₹130-₹137 per equity share. The IPO is to be listed on NSE, BSE.
When Veranda Learning IPO will open?
The IPO is to open on 29 March -31 March 2022 for QIB, NII & RII.
What is Veranda Learning IPO Size?
Veranda Learning IPO size is ₹200 Crores.
What is the Fresh issue size of Veranda Learning IPO?
The Fresh issue size of Veranda Learning IPO ₹200 Cr.
What is the Offer For Sale size of Veranda Learning IPO?
The Offer For Sale size of Veranda Learning IPO ₹- Cr.
What is Veranda Learning IPO Price Band?
Veranda Learning IPO Price Band is ₹130-₹137 Per share.
What is Veranda Learning IPO Minimum and Maximum Lot Size?
The minimum 100 Shares with ₹13,700 amount while the maximum 1400 shares with ₹191,800.
What is Veranda Learning IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Veranda Learning IPO Allotment Date?
Veranda Learning IPO allotment date is 05 April 2022.
What is Veranda Learning IPO Listing Date?
Veranda Learning IPO listing date is 11 April 2022. The IPO to list on NSE, BSE.
How to Apply the Veranda Learning IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Veranda Learning IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Veranda Learning IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Veranda Learning IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Veranda Learning IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Veranda Learning IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Veranda Learning IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Veranda Learning IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Veranda Learning IPO GMP: Click Here Veranda Learning IPO Subscription: Click Here Veranda Learning IPO Allotment: Click Here Veranda Learning IPO Listing: Click Here |
All Veranda Learning IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.