Veranda Learning Solutions Limited
- IPO Date29 Mar, 2022 to 31 Mar, 2022
- Listing Date11 Apr, 2022
- Face Value₹10 per share
- Issue Price₹130 to ₹137 per share
- Lot Size100 Shares
- Minimum Investment₹13,700
- Listing AtBSE, NSE
- Total Issue Size-
- Fresh Issue-
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
31 Mar, 2022
Initiation of Refunds
06 Apr, 2022
Listing Date
11 Apr, 2022
29 Mar, 2022
Opening Date
05 Apr, 2022
Basis of Allotment
06 Apr, 2022
Credit of Shares
Veranda Learning Solutions Limited Lot Size
Investors can bid for a minimum of 100 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 14 | 1400 | ₹1,91,800 |
| Retail (Min) | 1 | 100 | ₹13,700 |
Veranda Learning Solutions Limited Promoter Holding
Mr. Kalpathi S. Aghoram, Mr. Kalpathi S. Ganesh, and Mr. Kalpathi S. Suresh are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 89.22% | 65.87% |
Veranda Learning Solutions Limited COMPANY INFORMATION
Veranda Learning IPO is a book built issue of Rs 200.00 crores. The issue is entirely a fresh issue.
Veranda Learning IPO bidding started from March 29, 2022 and ended on March 31, 2022. The allotment for Veranda Learning IPO was finalized on Tuesday, April 5, 2022. The shares got listed on BSE, NSE on April 11, 2022.
Veranda Learning IPO price band is set at ₹130 to ₹137 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹13,700.
Systematix Corporate Services Limited is the book running lead manager of the Veranda Learning IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Veranda Learning IPO RHP for detailed information.
FAQs About Veranda Learning Solutions Limited
Veranda Learning Solutions Limited will open on 29 Mar, 2022 and close on 31 Mar, 2022. Investors must apply within this period to participate.
The Veranda Learning Solutions Limited price band is set between ₹130.00 and ₹137.00 per share. The minimum lot size is 100, requiring an investment of at least ₹13700.00.
The Veranda Learning Solutions Limited shares are expected to be listed on 11 Apr, 2022, subject to regulatory approvals and final allotment.
You can track your Veranda Learning Solutions Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Veranda Learning Solutions Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.