|
|
|
Issue Open Date
|
29-Mar-22
|
|
|
|
Issue Closing Date
|
31-Mar-22
|
|
|
|
Application Money
|
100
|
|
|
|
Allotment Money
|
|
|
|
|
|
|
|
Price Band
|
130
-
137
|
|
|
|
Minimium Application No.
|
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
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
2307692
|
8931000
|
3.8701005160134
|
|
Qualified Institutional Buyers
|
7942212
|
16063700
|
2.02257255283541
|
|
Retail Individual Investors
|
1538461
|
16560300
|
10.7641987674696
|
|
|
|
|
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 upskilling and reskilling courses. We provide comprehensive long term and short term preparatory courses in a simple and lucid manner for Students preparing for UPSC Exams, State Public Service Commission, Staff Selection Commission, Banking, Insurance, Railways and Chartered Accountancy. We also provide customised short term skilling courses, long term courses and other corporate courses to our Learners. We also deliver these courses to employees of corporates through our B2B offerings.
|
|
|
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 |
Old No 54
New No 34
Thirumalai Pillai Road
T. Nagar
Chennai,
Tamil Nadu,
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
|
|
