Incorporated in 2018, Veranda Learning Solutions Limited offers online and offline coaching services for career-defining courses such as UPSE, Chartered Accountant, Banking, and Government Exams to students, graduates, professionals, and corporate employees.
The company offers coaching services for Railways Recruitment Board exams, Banking, and Insurance exams, State Public Service Commission, Staff Selection Commission exams, CA Foundation, CA Intermediate, and CA Final exams, Union Public Service Commission-prelims, and main exam, and personality tests, and State Public Service Commission Group-I exams, Short term skilling courses, Long term courses (university partnership courses) and Corporate learning courses (B2B). All the services are offered through its wholly-owned subsidiaries namely Veranda Race Learning Solutions Private Limited (Veranda Race), Veranda XL Learning Solutions Private Limited (Veranda CA), Veranda IAS Learning Solutions Private Limited (Veranda IAS), and Brain4ce Education Solutions Private Limited (Edureka).
During the nine-month period ending December 31, 2021, a total of 42,667 Students and professionals have enrolled across all courses, out of which 16,793 enrolled for the offline model and 25,874 enrolled for the online model.
Summary of financial Information (Restated Consolidated) | ||||
Particulars | For the year/period ended (₹ in million) | |||
30-Sept-21 | 31-Mar-21 | | |
Total Assets | 3073.65 | 115.19 | | |
Total Revenue | 156.61 | 25.45 | ||
Profit After Tax | (182.69) | (82.79) | |
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) |
|
IPO Open Date | Mar 29, 2022 |
IPO Close Date | Mar 31, 2022 |
Basis of Allotment Date | Apr 05, 2022 |
Initiation of Refunds | Apr 06, 2022 |
Credit of Shares to Demat Account | Apr 06, 2022 |
IPO Listing Date | Apr 07, 2022 |
BID LOT | 100 | 200 | 300 | 400 | 500 | 600 | 700 |
AMOUNT | 13700 | 27400 | 41100 | 54800 | 68500 | 82200 | 95900 |
BID LOT | 800 | 900 | 1000 | 1100 | 1200 | 1300 |
AMOUNT | 109600 | 123300 | 137000 | 150700 | 164400 | 178100 |
Office Phone : 02792-220579
02792-232579
Mobile No. : (+91) 9429501579
Kapad Bazar, Nr Tower,
B/H Old Vegetable Market,
Amreli. (365601) Gujarat
Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments.
AMFI Registered Mutual Fund Distributor – ARN-156458 | Date of initial registration ARN – 16-Nov-2018 | Current validity of ARN – 01-Jan-2028
Grievance Officer- N.J.SECURITIES | gopalzinzu@gmail.com
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