IPO

Veranda Learning Solutions Ltd

Initial public offering of 14,598,540 equity shares of face value of Rs. 10 each ("Equity Shares") of Veranda Learning Solutions Limited (the "Company" or the "Issuer") for cash at a price of Rs. 137 per equity share (including a share premium of Rs. 127 per equity share) (the "Offer Price") aggregating up to Rs. 200.00 crores (The "Offer"). The offer would constitute 26.17%, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 13.7 times the face value of the equity shares. Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter.
Issue
Opens On Closes On
29-Mar-22 31-Mar-22
Money Payable On
Application Allotment
137.00 0.00
Minimum Application for shares in Nos : 100 Further Multiples of : 100
Cr Lead Managers to the Issue
Project Cost (.Cr) 182.91 Systematix Corporate Services Ltd
Project Financed through Current Offer (.Cr) 200.00  
Post Issue Equity Share Capital (.Cr) 55.78
Issue Price () 137.00
Projects
Repayment or pre-payment, in part or full or certain of the borrowings
Retirement of acquisition consideration of Edureka
Growth initiatives
General corporate purpose
Promoted By
Kalpathi S. Aghoram
Kalpathi S. Ganesh
Kalpathi S. Suresh
Listing At
BSE
NSE
Registrar to the Issue
No Data Available