Look for IPO gray market premium, or IPO GMP, and subject to Kostak rates and bargain rates, all of which are current. While Veranda Learning’s GMP hasn’t started yet, we expect to see some numbers soon since the IPO went public on March 29. IPO and Veranda Learning Solutions GMP figures have just been released.
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Veranda Learning Solutions IPO
Investors can subscribe to the Initial Public Offering (IPO) of Veranda Learning Solutions between March 29 and March 31, 2022. The Initial Public Offering will consist of equity shares of par value of ten dollars (up to 200 crores). It has been determined that the price range for the offer is Rs 130-137 per share. Fintech Private Limited, the registrar of the IPO, will oversee the distribution of shares and refund the money to the investors. Systematics Corporate Services Limited is in charge of administration of the offer. Veranda Learning Initial Public Offering (IPO) has a size of 100 shares.
IPO Opening Date | March 29, 2022 |
IPO Closing Date | March 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 |
problem size | [.] ₹ 10. share of (Total ₹ 200.00 Crore) |
latest issue | [.] ₹ 10. share of (Total ₹ 200.00 Crore) |
QIB shares offered | 75% of the net offer |
retail stock offer | 10% of net offer |
Offer of Shares of NII (HNI) | 15% of net offer |
In Veranda Learning Initial Public Offering (IPO), investors will be able to receive 10 per cent of the net offer, the remaining 75 per cent of the net offer will go to Qualified Institutional Buyers (QIBs) and up to 15 per cent of the net offer. For non-institutional bidders. Both BSE and NSE will list the shares of Veranda Learning Solutions after the approval of the government.
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Veranda Learning Solutions IPO Competitive Strength
- The track record of the promoters of the company has been established.
- A method of teaching that focuses on outcomes and takes a 360-degree approach.
- Course options and delivery methods are more varied.
- Professional qualification with broad expertise in the education industry and human capital.
- Their brands have a strong presence in the market.
- Successful acquisitions and expansions are shown.
- Infrastructure and resource management with stringent quality control requirements and reasonably priced courses.
- The business model is technology-driven, asset-light and scalable.
- Models for pandemic preparedness.
Veranda Learning Solutions IPO Date
IPO Open Date | March 29, 2022 |
IPO closing date | March 31, 2022 |
Basis of allotment date | April 5, 2022 |
Beginning of refund | April 6, 2022 |
Credit of shares in demat account | April 6, 2022 |
ipo listing date | April 7, 2022 |
Veranda Learning Solutions IPO Disclaimer
- Reference to IPO Gray Market Premium (Veranda Learning IPO GMP) is relevant only for the particular date specified in the header of the article.
- We are not buying and selling Initial Public Offering (IPO) forms on the IPO gray market.
- Someone receives a Costak rate when they sell their initial public offering application (in an off-market transaction) to a third party before the issue is allotted or listed.
- The price of an IPO is subject to change prior to listing, so don’t subscribe based on a premium price alone. Only the fundamentals of the company should be considered while subscribing.
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About Veranda Learning Solutions
To provide diverse and integrated learning solutions to students and aspiring professionals in online, offline hybrid and offline mixed formats. With Veranda Learning Solutions, you will be able to enroll and participate in a variety of courses including career-defining competitive exams, professional preparation courses, exam-oriented courses, and short-term upskilling and reskilling course options.
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