Veranda Learning IPO Date, Price, Market Lot, Subscription


Last updated on April 11, 2022

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Veranda Learning IPO

Veranda Learning IPO date is scheduled for March 2022. The IPO price band is set at INR130 – 137 per share. The issue comprises of fresh shares worth up to INR200 crores. Accordingly, there is no OFS by existing shareholders.

Promoters of Veranda Learning – Mr Kalpathi S Aghoram, Mr Kalpathi S Ganesh and Mr Kalpathi S Suresh

Veranda Learning Business Description

The company offers diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates professionals and corporate employees enrolled with its courses through competitive exams, professional courses, exam-oriented courses, short term upskilling and reskilling courses. The company provides 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. It also provides customised short term skilling courses, long term courses and other corporate courses.

Its offline hybrid learning model involves classroom teaching supported with online assessments and access to self-paced learning material to enhance recall and retention. The offline blended model involves a mix of Online content and Offline delivery, wherein the centre delivers LMS Study Materials together with traditional class room experience of personal mentoring from Mentors, with a dedicated Mentor in each class room available for assistance to a student. Its offline hybrid and offline blended learning models offer traditional class room experience of personal mentoring from experienced Mentors along with highly curated digital content and online assessments.

Veranda Learning IPO Date, Size & Price Band

Veranda Learning IPO Date29 – 31 March 2022
IPO Price BandINR130 – 137 per share
Fresh issueINR 200 crore
Offer For SaleNil
Total IPO sizeINR 200 crore
Minimum bid (lot size)100 shares (INR13,000 – 13,700)
Face Value INR 10 per share
Retail Allocation10%
Listing OnNSE, BSE

Veranda Learning Financial Performance

 FY2021H1 FY2022
Net income(8.29)(18.27)
Figures in INR crore unless specified otherwise

Veranda Learning Offer News

Veranda Learning IPO Timetable

IPO Opening Date29 March 2022
IPO Closing Date31 March 2022
Finalisation of Basis of Allotment5 April 2022
Initiation of refunds6 April 2022
Transfer of shares to demat accounts6 April 2022
Listing Date8 April 2022
Opening Price on NSEINR125 per share (down 8.76% from IPO price)
Closing Price on NSEINR131.25 per share (down 4.2% from IPO price)

Veranda Learning Valuations & Margins

FY2019FY2020 FY2021
EBITDA (%)(288)

Veranda Learning IPO Subscription – Live Updates

CategoryShares OfferedDay 1Day 2Day 3
Subscription figures in number of times, at 5 PM

Veranda Learning IPO Allotment

Veranda Learning IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.

Veranda Learning Offer Registrar

Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]

Veranda Learning Contact Details

Veranda Learning Solutions Limited
Old No 54, New No 34,
Thirumalai Pillai Road,
T. Nagar, Chennai – 600017
Tel: +91 44 42967777
E-mail: [email protected]

Veranda Learning IPO FAQs

When Veranda Learning IPO will open?

The IPO is to open on 29 March 2022 for QIB, NII, and Retail Investors.

What is Veranda Learning IPO Investors Portion?

The investors’ portion for QIB is 75%, NII 15%, and Retail 10%.

How to Apply in Veranda Learning IPO?

You can apply Veranda Learning IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Veranda Learning IPO Allotment Date?

Veranda Learning IPO allotment date is 5 April 2022.

What is Veranda Learning IPO Listing Date?

Veranda Learning IPO listing date is 7 April 2022.


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