Friday, April 08, 2022

Veranda Learning IPO Date, Review, Price, Allotment, Analysis Details

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


    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.)

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