Veranda Learning IPO date is fixed, the IPO is to open on 29 March and will close on 31 March 2022. The company to raise ₹200 crores via IPO that comprises fresh issue of ₹- crores and an offer for sale up to – equity shares of ₹10 each. The retail quota is 10%, QIB 75% and NII is 15%.
Veranda Learning Solutions is a digital learning platform that offers a multitude of career-defining courses in the field of competitive exams training. Veranda is offering diversified and integrated learning solutions to students, professionals, and corporate employees as well. They provide courses for their students to prepare for UPSC Exams, State Public Service Commission, Staff Selection Commission, Banking, Insurance, Railways and Chartered Accountancy, Etc. You can check Veranda Learning IPO subscription status and Veranda Learning IPO allotment status on their respective pages.
Important Details:
- Veranda is a digital learning platform that provides learning solutions to students, professionals, and corporate employees.
- The company may consider a private placement of equity shares aggregating ₹50 crores.
Veranda Learning IPO Review (Good or Bad)
- Avoid
Brokerage Firm IPO Reviews
- Axis Capital: Neutral
- JM Financial: Neutral
- Capital Market: Avoid
Veranda Learning IPO Date & Price Band
| IPO Open: | 29 March 2022 |
| IPO Close: | 31 March 2022 |
| IPO Size: | Approx ₹200 Crores |
| Fresh Issue: | Approx ₹200 Crores |
| Offer for Sale: | Approx – Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹130 to ₹137 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Veranda Learning IPO Market Lot
The Veranda Learning IPO minimum market lot is 100 shares with a ₹13,700 application amount. The retail investors can apply up-to 14 lots, 1400 shares with ₹191,800 application amount.
| Minimum Lot Size: | Minimum 100 Shares for 1 lot |
| Minimum Amount: | ₹13,700 for 1 lot |
| Maximum Lot Size: | Maximum 1400 Shares for 14 lot |
| Maximum Amount: | ₹191,800 for 14 lot |
Veranda Learning IPO Allotment & Listing Dates
The Veranda Learning IPO date is 29 March 2022 and the IPO close date is 31 March 2022. The IPO allotment date is 05 April 2022 and the IPO may list on 11 April 2022.
| Price Band Announcement: | 23 March 2022 |
| Anchor Investors Allotment: | 28 March 2022 |
| IPO Open Date: | 29 March 2022 |
| IPO Close Date: | 31 March 2022 |
| Basis of Allotment: | 05 April 2022 |
| Refunds: | 06 Apri l2022 |
| Credit to Demat Account: | 06 April 2022 |
| IPO Listing Date: | 11 April 2022 |
Veranda Learning IPO Form
How to apply for the Veranda Learning IPO? You can apply Veranda Learning IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Veranda Learning IPO in the Invest section. The other option you can apply for Veranda Learning IPO via IPO forms download via NSE and BSE. Check out the Veranda Learning forms – click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Veranda Learning Financial Report
| ₹ in Crores | |||||
| Income | Expense | PAT | |||
| 2019 | ₹- | ₹- | ₹– | ||
| 2020 | ₹- | ₹- | ₹– | ||
| 2021 | ₹2.55 | ₹10.83 | -₹8.28 | ||
| 2022 6M | ₹4.87 | ₹10.02 | -₹5.14 | ||
Veranda Learning IPO Valuation
Check Veranda Learning IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | -₹5.14 per Equity Share (6M 2022) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 80.46% (6M 2022) |
| Net Asset Value (NAV): | 6.04 per Equity Share (6M 2022) |
Peer Group
- N/A
Company Promoters
- Mr. Kalpathi S. Aghoram
- Mr. Kalpathi S. Ganesh
- Mr. Kalpathi S. Suresh
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: veranda.ipo@kfintech.com
Investor Grievance E- mail:einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: Mr. M. Murali Krishna
SEBI Registration No.: INR000000221
Veranda Learning IPO Allotment Status Check
Check Veranda Learning IPO allotment status on KFintech website allotment URL. Click Here
Veranda Learning IPO Lead Managers
- Systematix Corporate Services Limited
Company Address
Veranda Learning Solutions
Address: Old No 54, New No 34,
Thirumalai Pillai Road, T. Nagar,
Chennai – 600017, Tamil Nadu, India
Tel: +91 44 4296 7777
Website: www.verandalearning.com
Contact Person: Mr. M. Anantharamakrishnan
Company Secretary and Compliance Officer
E-mail: anantharamakrishnan.m@verandalearning.com
Veranda Learning IPO FAQs
What is Veranda Learning IPO?
Veranda Learning IPO is a main-board IPO. They are going to raise ₹200 Crores via IPO. The issue is priced at ₹130 to ₹137 per equity share. The IPO is to be listed on BSE & NSE.
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 the 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.
How to Apply the Veranda Learning IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Veranda Learning”. 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. Open Demat Account with Zerodha.
How to Apply the Veranda Learning IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Veranda Learning”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open Demat Account with Upstox.
How to Apply the Veranda Learning IPO through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Veranda Learning”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open Demat Account with Paytm Money.
What is Veranda Learning IPO Size?
Veranda Learning IPO size is ₹200 crores. The IPO comprises ₹- crores fresh issue and offers for sale of – equity shares.
What is Veranda Learning IPO Price Band?
Veranda Learning IPO Price Band is ₹130 to ₹137 per equity share.
What is Veranda Learning IPO Minimum and Maximum Lot Size?
The minimum bid is 100 Shares with ₹13,700 amount while the maximum bid is 1400 shares with ₹191,800.
What is Veranda Learning IPO Allotment Status 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 is to list on BSE and NSE.
Note: The Veranda Learning IPO final details are announced and updated on the page. The IPO grey market premium (Veranda Learning IPO Premium) is updated on their particular page. You can check our IPO grey market page for daily updates.)
Follow IPO Watch for the latest IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
