Veranda IPO GMP, Lot Size, Date, Price Band, and Allotment Status

 Veranda IPO: Veranda Learning Initial Public Offering (IPO) is set to hit the market tomorrow. Veranda provides students with various integrated learning solutions in online, offline hybrid, and offline blended forms.

Let’s have a detailed overview of the Veranda Learning  IPO release date, IPO offer price, subscription, grey market price, and other details like the Company’s background, its financial positions, promoters, and other related things.

Veranda Learning IPO Detail:

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
Issue Size [.] Eq Shares of ₹10(aggregating up to ₹200.00 Cr)
Fresh Issue [.] Eq Shares of ₹10(aggregating up to ₹200.00 Cr)
QIB Shares Offered 75% of the net offer
Retail Shares Offered 10% of the net offer
NII (HNI) Shares Offered 15% of the net offer

Veranda Learning IPO Date, Allotment & Listing Date:

The Veranda Learning IPO date is Mar 29, 2022, and the IPO close date is Mar 31, 2022. The allotment date is Apr 5, 2022, and the IPO may list on Apr 7, 2022

IPO Open DateMar 29, 2022
IPO Close DateMar 31, 2022
Basis of Allotment DateApr 5, 2022
Initiation of RefundsApr 6, 2022
Credit of Shares to Demat AccountApr 6, 2022
IPO Listing DateApr 7, 2022

Veranda Learning IPO GMP (Veranda Learning Ipo Grey Market Premium):

The Veranda Learning IPO Grey Market Premium price is Rs [●], the Kostak rate is Rs ₹250, and the Subject to Sauda is ₹300. 

DateGMPKostakSubject to
28 March [●]₹250₹300
29 March₹-₹-₹-
30 March₹-₹-₹-
31 March₹-₹-₹-

PM Kisan Beneficiary Status

CSC Registration

IPL 2022 Schedule

Download CoWIN Vaccine Certificate

NREGA Job Card List 

Download Vaccine Certificate By Name


Veranda Learning IPO Business Overview:

Veranda Learning Solutions Limited was incorporated on November 20, 2018. A veranda is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid, and offline blended formats to students, aspirants, graduates, professionals, and corporate employees

They were enrolled with their courses through many career-defining competitive exams, professional studies, exam-oriented courses, short-term up-skilling, and re-skilling courses.

Veranda provides comprehensive long-term and short-term preparatory courses lucid and straightforwardly for Students preparing for UPSC Exams, State Public Service Commission, Staff Selection Commission, Banking, Insurance, Railways, and Chartered Accountancy. It primarily provides its services through online, offline hybrid, and offline blended learning models.


Key Operational Numbers Of Companies Business:

“During the period FY08-FY14, average spending on education per student in rural areas increased at a CAGR of 19.4 percent, whereas in urban areas, it increased at a CAGR of 16.6 percent.

Due to demonetization, growth was affected. Between FY14-FY18, average spending on education per student in rural areas increased at a CAGR of 4.0 percent, while in urban areas, it increased at a CAGR of 6.0 percent only.


Veranda IPO GMP Promoters

  • Mr. Kalpathi S. Suresh
  • Mr. Kalpathi S. Aghoram
  • Mr. Kalpathi S. Ganesh

IMD HomepageIMD portal
Upcoming IPORead more

Leave a Comment