Veranda Learning Solutions Ltd. IPO

The company is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, professionals and corporate employees enrolled with our courses through multitude of career-defining competitive exams, professional courses, exam-oriented courses, short term upskilling and reskilling courses.

RHP
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DRHP
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Open Date

2022-03-29

Close Date

2022-03-31

Veranda Learning Solutions Ltd. IPO Details

Check out the issue details for Veranda Learning Solutions Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 137

Price Band

₹ 130 - 137

Issue Size

200 Cr.

Issue Type

Book Built

Open

2022-03-29

Close

2022-03-31

Listingprice

₹ 125

ListingGain

-8.76%

Listing Date

2022-04-11

CMP

₹ 207.51

Current Return

51.47%

Veranda Learning Solutions Ltd. News

Veranda Learning Solutions informs about not applicability of large corporate entity 10 Apr, 12:41PM Veranda Learning Solutions’ arm signs MoU with NEMI Education 4 Apr, 10:30AM Veranda Learning Solutions informs about press release7 Mar, 1:46PM Veranda Learning Solutions inks MoU with IIT Madras7 Mar, 9:09AM Veranda Learning Solutions acquires stake in BB Virtuals, Navkar Digital24 Feb, 10:59AM Veranda Learning Sln - Quaterly Results13 Feb, 4:41PM Veranda Learning Sln - Quaterly Results13 Feb, 4:41PM Veranda Learning Solutions informs about press release29 Jan, 3:24PM Veranda Learning Solutions partners with Nursing Europe AS 29 Jan, 2:51PM Veranda Learning Solutions’ arm inks MoU with SRM Insititute of Science and Technology19 Dec, 12:44PM Veranda Learning Solutions informs about EGM14 Dec, 10:45AM Veranda Learning Solutions gets nod to raise Rs 250 crore through preferential issue12 Dec, 9:40AM Veranda Learning Solutions enters into MoU with NSDC and IAB 29 Nov, 9:57AM Veranda Learning Solutions informs about press release28 Oct, 10:03AM Veranda Learning Solutions informs about press release21 Oct, 11:12AM Veranda Learning’s higher education vertical launches two courses21 Oct, 10:41AM Veranda Learning Solutions informs about press release14 Oct, 12:55PM Veranda Learning Solutions’ arm signs MoU with Madras Christian College 14 Oct, 9:42AM Veranda Learning Solutions informs about press release10 Oct, 1:02PM Veranda Learning Solutions informs about compliance certificate5 Oct, 3:11PM

Company Financials

You can get the following financial statements of Veranda Learning Solutions Ltd. as of now.

Exchange

NSE: VERANDA BSE: 543514

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Veranda Learning Solutions Ltd IPO is as:

  • The issue size of the IPO is 200 Cr.
  • The price band ranges from Rs 130 to Rs 137.
  • The shares of Veranda Learning Solutions Ltd will list on 7th April 2022.
  • The latest tentative GMP of Veranda Learning Solutions IPO is Rs _.
  • The shares of Veranda Learning Solutions IPO is subscribed 3.53 Times as of 31st March 2022.

Veranda Learning Solutions IPO Valuation

The approx valuation of Veranda Learning Solutions IPO based on its price band and DRHP/RHP is:

Particulars Value
Upper Price Band Rs 137
Existing Shares (Qty) 4.11 Cr
Fresh Issue 200 Cr
Market Cap 763.07 Cr
EPS (FY21) Rs -7.29

 

Veranda Learning Solutions IPO Issue Size

Veranda Learning Solutions IPO issue size is 200 Cr.

Issue Amount
Fresh Issue 200 Cr
Offer For Sale 0 Cr

 

Veranda Learning Solutions IPO Market Lot

An Individual can apply for a minimum 1 lot of 100 shares and a maximum of 14 lots of 1400 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 100 Rs 13,700
 Maximum 14 1400 Rs 1,91,800

 

Veranda Learning Solutions IPO Share Offer

The shares of Veranda Learning Solutions IPO is subscribed 3.53 Times as of 31st March 2022. The category-wise shares offered are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 2.02 Times
Non-Institutional Maximum 15% 3.87 Times
Retail Individual Maximum 10% 10.76 Times
Total   3.53 Times

 

Veranda Learning Solutions IPO Grey Market Premium

As on GMP (Tentative)
1 April 2022 Rs -

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Veranda Learning Solutions IPO:

Schedule Date
Basis of Allotment 5 April 2022
Refunds 6 April 2022
Credit to Demat Account 6 April 2022
IPO Listing Date 11 April 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 0 2.97 12.15 17.14 39.41
Total Expenditure 0.2 4.14 17.65 44.14 21.87
Operating Profit -0.2 -1.17 -5.5 -27 17.54
Other Income 0 0.08 1.38 37.91 18.74
Interest 0 0 8.21 3.38 13.25
Depreciation 0 0.17 0.37 0.51 2.53
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.2 -1.26 -12.7 7.02 20.5
Provision for Tax 0 -0.01 -0.05 0.04 -2.83
Net Profit -0.2 -1.25 -12.65 6.98 23.33
Adjusted EPS (Rs.) 0 0 -0.31 0.11 0.34

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 0 7 41.18 61.57 69.2
Total Reserves -0.29 -0.03 80.83 383.42 546.48
Borrowings 0 0 120.13 62.33 0
Other N/C liabilities 0 0.03 9.77 11.51 171.6
Current liabilities 0.29 7.25 99.69 5.06 80.7
Total Liabilities 0 14.25 351.6 523.89 867.98
Assets
Net Block 0 1.19 0.88 0.99 64.65
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 4.09
Investments 0 3.52 209.64 404.35 659.32
Loans & Advances 0 0 1.67 1.25 2.55
Other N/C Assets 0 0 0 0 14.17
Current Assets 0 9.54 139.42 117.3 123.2
Total Assets 0 14.25 351.6 523.89 867.98
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Other Income 4.9 8.69 5.9 6.79 7.51
Profit Before Tax 8.2 7.5 1.7 3.17 -13.01
Tax -0.11 -2.69 -0.08 2.53 0.81
Profit After Tax 8.31 10.19 1.78 0.64 -13.81
Adjusted EPS (Rs) 1.2 1.47 0.25 0.09 -1.94

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 53.43 36.23
Dec 2024 54.79 36.23
Sep 2024 54.79 36.23
Jun 2024 54.88 36.23
Mar 2024 53.63 98.27
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -0.2 -1.26 -12.7 7.02 20.5
Adjustment 0 0.09 7.14 -22.57 7.49
Changes in Assets & Liabilities 0.13 -2.5 -7.13 -27.23 2.41
Tax Paid 0 -0.22 -1.44 0.46 -0.84
Operating Cash Flow -0.06 -3.89 -14.12 -42.32 29.55
Investing Cash Flow 0 -8.96 -256.32 -225.97 -19.48
Financing Cash Flow 0.06 12.92 317.21 222.33 -10.16
Net Cash Flow 0 0.07 46.76 -45.96 -0.09
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