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Veranda Learning Solutions IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 200.00 Cr. The company is based in Chennai and caters to Education - Edtech sector. Systematix Corporate Services is the merchant banker of Veranda Learning Solutions IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th November 2021.
Veranda Learning Solutions IPO open date is 29th March 2022 and close date is 31st March 2022. IPO Allotment Date is 5th April 2022 and Listing date is 11th April 2022.
IPO
Size:
₹ 200.00 Cr.
Avg IPO Size (Sector Based)
: ₹
112.39 cr.
Sector: Education - Edtech
IPO so far:
2
Merchant Banker:
Systematix Corporate
IPO by BRLM so far:
2
City:
Chennai
IPO so far:
37
Revenue (annualised):
₹
96.30
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 48.00x
Veranda Learning Solutions IPO size is ₹ 200.00 Cr. with IPO price of ₹ 137.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Systematix Corporate Services Limited is the book-running lead manager of the Veranda Learning Solutions IPO. Kfin Technologies Limited is the Registrar for Veranda Learning Solutions IPO.
Veranda Learning Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Veranda Learning Solutions IPO, based in Chennai, operates in the Education - Edtech sector with a focus on providing various modes of learning solutions. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Veranda Learning Solutions IPO size is ₹ 200.00 Cr. with fresh issue size of ₹ 200.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Veranda Learning Solutions IPO is expected to be 5th April 2022, after the finalization of basis of allotment. Investors can check Veranda Learning Solutions IPO allotment status on the registrars website, Kfin Technologies Limited . Veranda Learning Solutions IPO refund dates are 6th April 2022.
Veranda Learning Solutions IPO is expected to be listed on 11th April 2022.
The upper price band for the Veranda Learning Solutions IPO is set at ₹ 137.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Veranda Learning Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Veranda Learning Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 31st March 2022. After submission, funds are blocked until the basis of allotment of Veranda Learning Solutions IPO is finalised.
The merchant banker for Veranda Learning Solutions IPO is Systematix Corporate Services Limited . Systematix Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Veranda Learning Solutions IPO RHP for further details.
The registrar for Veranda Learning Solutions IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Veranda Learning Solutions IPO through their official website or helpline.
Veranda Learning Solutions IPO was subscribed 3.53 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 200.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 112.39 Cr.
Sector: Education - Edtech
IPO so far:
2
Merchant Banker:
Systematix Corporate
IPO by BRLM so far:
2
City:
Chennai
IPO so far:
37
Revenue (annualised):
₹ 30.92 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 48.00x
Veranda Learning Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Veranda Learning Solutions Financial Review Page
Merchant Banker(s) of Veranda Learning Solutions IPO: Systematix Corporate Services Limited
Veranda Learning Solutions IPO subscription was 3.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Veranda Learning Solutions IPO listed at a listing price of 160.40 against the offer price of 137.00.
The current market price of Veranda Learning Solutions is 200.25.
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