Veranda Learning Solutions Ltd.
Issue Open Date 29-Mar-22  
Issue Closing Date 31-Mar-22  
Application Money 100  
Allotment Money  
Price Band () 130 - 137  
Minimum Bid Quantity. 100  
Issue Size (Shares) 14598540  
Market Lot 1  
Objective

1. Repayment or pre-payment, in part or full of all or certain of our borrowings.2. Retirement of acquisition consideration of Edureka.3. Growth initiatives.4. General corporate purpose

Business Description

We are engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates (collectively “Students”) professionals and corporate employees (“Learners”) enrolled with our courses through multitude of career-defining competitive exams, professional courses, exam-oriented courses, short term u...

Promoter's Holding
Total Share Capital   36737900  
Offered to Public   14598540  
Promoter's Holding (Pre-Issue)   89.22  
Promoter's Holding (Post-Issue)   65.87  
Address
Address :Old No 54
New No 34
Thirumalai Pillai Road
T. Nagar
City :Chennai, State :Tamil Nadu Pincode :600017 Phone :044 42967777 Email : contact@verandalearning.com Website : www.verandalearning.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Systematix Corporate Services Ltd.
Promoters
Kalpathi S Aghoram
Kalpathi S Ganesh
Kalpathi S Suresh

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