Last updated on April 11, 2022
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
- Veranda Learning IPO Date, Size & Price Band
- Veranda Learning Financial Performance
- Veranda Learning Offer News
- Veranda Learning IPO Timetable
- Veranda Learning Valuations & Margins
- Veranda Learning IPO Subscription – Live Updates
- Veranda Learning IPO Allotment
- Veranda Learning Offer Registrar
- Veranda Learning Contact Details
- Veranda Learning IPO FAQs
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 Date||29 – 31 March 2022|
|IPO Price Band||INR130 – 137 per share|
|Fresh issue||INR 200 crore|
|Offer For Sale||Nil|
|Total IPO size||INR 200 crore|
|Minimum bid (lot size)||100 shares (INR13,000 – 13,700)|
|Face Value||INR 10 per share|
|Listing On||NSE, BSE|
Veranda Learning Financial Performance
Veranda Learning Offer News
Veranda Learning IPO Timetable
|IPO Opening Date||29 March 2022|
|IPO Closing Date||31 March 2022|
|Finalisation of Basis of Allotment||5 April 2022|
|Initiation of refunds||6 April 2022|
|Transfer of shares to demat accounts||6 April 2022|
|Listing Date||8 April 2022|
|Opening Price on NSE||INR125 per share (down 8.76% from IPO price)|
|Closing Price on NSE||INR131.25 per share (down 4.2% from IPO price)|
Veranda Learning Valuations & Margins
Veranda Learning IPO Subscription – Live Updates
|Category||Shares Offered||Day 1||Day 2||Day 3|
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.