Veranda Learning Solutions Limited IPO Review
Veranda Learning Solutions Limited, founded in 2018, provides students, graduates, professionals, and corporate personnel with online and offline coaching services for career-defining courses such as UPSE, Chartered Accountant, Banking, and Government Exams.
Railways Recruitment Board exams, Banking and Insurance exams, State Public Service Commission, Staff Selection Commission exams, CA Foundation, CA Intermediate, and CA Final exams, Union Public Service Commission-prelims, main exam, and personality tests, and State Public Service Commission Group-I exams, Long term courses (university partnership courses), Short term skilling courses, and Corporate learning courses are all available through the company (B2B). All services are provided by its fully owned subsidiaries, Veranda Race Learning Solutions Private Limited (Veranda Race), Veranda XL Learning Solutions Private Limited (Veranda CA), and Veranda IAS Learning Solutions Private Limited (Veranda IAS) and Brain4ce Education Solutions Private Limited (Edureka).
| IPO Opening Date | Mar 29, 2022 |
| IPO Closing Date | Mar 31, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹130 to ₹137 per equity share |
| Market Lot | 100 Shares |
| Min Order Quantity | 100 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹200.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹200.00 Cr) |
| QIB Shares Offered | 75% of the net offer |
| Retail Shares Offered | 10% of the net offer |
| NII (HNI) Shares Offered | 15% of the net offer |
FY2021 | H1 FY2022 | |
Revenue | 2.54 | 15.66 |
Expenses | 10.83 | 34.14 |
Net income | (8.29) | (18.27) |
| FY2019 | FY2020 | FY2021 | |
| EPS | (245.88) | (489.69) | (7.29) |
| PE ratio | NA | NA | NA |
| RONW (%) | NA | NA | NA |
| ROCE (%) | NA | NA | NA |
| EBITDA (%) | (288) | ||
| Debt/Equity | |||
| NAV | (242.50) | (732.50) | (0.02 |
Updated Soon.
Listing Performance of Veranda Learning Solutions Limited IPO
Listed On : BSE, NSE
Issue Price : ₹130 to ₹137 per equity share
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : INE0IQ001011
BSE : NA
Ashika Research – Not Rated
Axis Capital – Neutral
Capital Market – Avoid
Dilip Davda – Avoid
JM Financial Institutional Securities – Neutral
Marwadi Shares and Finance Ltd – Avoid
TopShareBrokers.com – Avoid
| IPO Open Date | Mar 29, 2022 |
| IPO Close Date | Mar 31, 2022 |
| Basis of Allotment Date | Apr 5, 2022 |
| Initiation of Refunds | Apr 6, 2022 |
| Credit of Shares to Demat Account | Apr 6, 2022 |
| IPO Listing Date | Apr 7, 2022 |
Veranda Learning Solutions Limited
Old No 54, New No 34,
Thirumalai Pillai Road,
T. Nagar, Chennai – 600017
Tel: +91 44 42967777
E-mail: anantharamakrishnan.m@verandalearning.com
Website: www.verandalearning.com
KFintech Private Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/
Updatde Soon.
Veranda Learning IPO FAQ's
The Veranda Learning IPO is a BSE, NSE IPO of ₹130 to ₹137 per equity share with a face value of 10 per equity share.
The issue size is priced at [.] Eq Shares of ₹10 (aggregating up to ₹200.00 Cr).
The fresh issue size priced at [.] Eq Shares of ₹10 (aggregating up to ₹200.00 Cr).
The initial public offering (IPO) begins on Mar 29, 2022 and ends on Mar 21, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Veranda Learning IPO opens on Mar 29, 2022 and closes on Mar 31, 2022. The IPO Issue date may list on April 7, 2022.
Veranda Learning IPO Market lot size is 100 Shares and the minimum order quantity is 100 Shares.
The finalisation of Basis of Allotment for Veranda Learning IPO will be done on Apr 5, 2022. and the allotted shares will be credited to your demat account by Apr 6, 2022. Check the Veranda Learning IPO status.
The Veranda Learning IPO listing date is on Apr 7, 2022.
Veranda Learning IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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