Veranda Learning Solutions Ltd IPO- March 29, 2022

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
Min Order Quantity
Listing At
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

Know more-
To apply from 5paisa Website- Apply IPO
To apply from 5paisa Mobile App- Apply IPO
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