Veranda Learning Solutions Ltd IPO- March 29, 2022
Company Background
Veranda Learning Solutions offline hybrid and offline blended learning models offer traditional classroom experience of personal mentoring from experienced Mentors along with highly curated digital content and online assessments. Their tech-infused online learning model allows students to engage in self-paced inclusive and individualized learning experiences without being hindered by the restriction of needing to be present in a physical classroom.
Business Information
Veranda is engaged in the business of offering diversified and integrated learning solutions to students, professionals and corporate employees. 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.
Facts about the company
Their Online learning model comprises recorded videos and an online live instructor-led learning mode.
They also focus on delivering specific courses in regional languages to better reach out to Students of Tier 2 and 3 cities and rural areas.
The company provides its services through four subsidiares, Veranda Race Learning Solutions, Veranda XL Learning Solutions, Veranda IAS Learning Solutions, and Brain4ce Education Solutions.
Inability to successfully identify and integrate acquisitions in turn decelerating growth strategy, profitability and operations.
Points to note before investing in Vernada Learning Solutions IPO
Proven track record of the company Promoters since 1991 with founding SSI Limited (presently known as PVP Ventures Limited).
Focus on result oriented method of teaching with 360-degree approach to impart knowledge and achieve success in the relevant courses.oach.
Diversified course offerings and delivery channels.
Extensive experience in the education business and professionally qualified human capital.
Strong Brand Presence of its brands.
Track record of successful acquisition and expansion.
Efficient infrastructure and resource management with strict quality control standards and affordable courses.
IPO Opening Date | Mar 29, 2022 |
IPO Closing Date | Mar 31, 2022 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹130 to ₹137 per equity share |
Market Lot | 100 Shares |
Min Order Quantity | 100 Shares |
Listing At | BSE, NSE |
Allotment, Listing and Refunds details
Basis of Allotment Date | Apr 5, 2022 |
Initiation of Refunds | Apr 6, 2022 |
Credit of Shares to Demat Account | Apr 6, 2022 |
IPO Listing Date | Apr 7, 2022 |
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