Veranda Learning Solutions IPO Opens Tomorrow & Digital Learning Platform Has Fixed Price Band 130-137 per share 200 crore public offer. The IPO of Veranda Learning Solutions will be open till March 31. This offer includes a new issue 200 crores.
Veranda Learning Solutions IPO: Here are 10 things to know:
10% of net offer Veranda Learning Solutions IPO will be available for retail investors while 75% will be available for allocation on a proportionate basis to Qualified Institutional Buyers (QIBs) and up to 15% for non-institutional bidders.
The shares of Veranda Learning Solutions are proposed to be listed on both BSE and NSE.
Kefintech Private Limited is the registrar of the IPO and will manage the share allotment and refunds.
Systematics Corporate Services Limited is the Manager of the Offer.
The lot size of Veranda Learning Solutions IPO is 100 shares.
Kefintech Private Limited is the registrar for the IPO.
Veranda Learning Solutions is an ed-tech venture of The Kalpathi AGS Group and offers training programs for preparation for competitive exams in India, examinations related to State PSCs, Banking/Staff Selection/RRBs, IAS and CA apart from upskilling programs Are included.
The company started operations in 2020. For the six months ending September 30, 2021, Veranda Learning Solutions posted a revenue of 15.6 crores while there was a loss before tax 18.4 crores.
The company is in the business of offering diverse and integrated learning solutions in online, offline hybrid and offline mixed formats to students, candidates and graduates, professionals and corporate employees.
According to brokerage firms, the share allotment in Veranda Learning Solutions IPO is likely to be finalized on April 5 and the listing may take place on April 7, 2022.
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