Exchanges
BSE, NSE
Issue
Book building

Veranda Learning Solutions IPO

₹131.25

−4.20% on listing

Listing-day close · NSE · 11 Apr 2022 · issue price ₹137

Veranda Learning Solutions’ ₹200 crore IPO was priced at ₹137 a share. It listed on the NSE on 11 Apr 2022 and closed its first day at ₹131.25, down 4.20% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹200 Cr
Fresh issue
₹200 Cr
Offer for sale
—
Lot size
100 shares
Minimum investment
₹13,700
Face value
₹10
Registrar
Kfin Technologies

Subscription

Veranda Learning Solutions IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.35×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹764 Cr
ROE
134.12%
ROCE
17.84%
Debt to equity
-99.75
EBITDA margin
−288.00%
PAT margin
−295.60%
Promoter holding
89.22% → 65.87%

From the offer documents.

Listing

Listing date
11 Apr 2022
Issue price
₹137
Open
₹125.00
High
₹131.25
Low
₹125.00
Close
₹131.25

Listing day on the NSE. The close was −4.20% on the issue price.

VERANDA share price today

FAQs

When did the Veranda Learning Solutions IPO open and close?

It opened on 29 Mar 2022 and closed on 31 Mar 2022.

What was the Veranda Learning Solutions IPO price?

The price band was ₹130–137 a share. The final issue price was ₹137.

What is the lot size and minimum investment?

One lot is 100 shares, ₹13,700 at ₹137 a share. Retail investors apply in whole lots.

How much did Veranda Learning Solutions raise?

₹200 crore: ₹200 crore of new shares.

How many times was the Veranda Learning Solutions IPO subscribed?

2.35 times overall.

How did Veranda Learning Solutions list?

It listed on the NSE on 11 Apr 2022 at ₹125.00 and closed the day at ₹131.25, down 4.20% on the ₹137 issue price.

Who is the registrar of the Veranda Learning Solutions IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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