{"id":31194,"date":"2022-03-24T18:03:11","date_gmt":"2022-03-24T12:33:11","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-veranda-ipo\/"},"modified":"2022-03-24T18:19:34","modified_gmt":"2022-03-24T12:49:34","slug":"biz-veranda-ipo","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-veranda-ipo\/","title":{"rendered":"Veranda Learning Solutions IPO to open on March 29;  fixes price band of Rs 130-Rs 137 per equity share"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1809735511\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Veranda Learning Solutions on Thursday said it has fixed price band of Rs 130-137 per equity share of face value of Rs 10 each for its forthcoming initial public offering scheduled to begin from March 29.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3501891399\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The offer consists of equity shares of face value of Rs 10 each of the issuer aggregating up to Rs 2,000 million (Rs 200 crore).<\/p>\n<p>The offer to remain open from March 29 to March 31,2022 and bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter, the company said.<\/p>\n<p>Veranda Learning said, &#8220;&#8230;not less than 75 per cent of the net offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (QIB)&#8221;.<\/p><div class=\"trade-content_5\" id=\"trade-3732755542\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>&#8220;Further not more than 15 per cent of the Net Offer shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not more than 10 per cent shall be available for allocation to retail individual bidders&#8221;, the company said.<\/p>\n<p>The company said five per cent of the Net QIB shall be available for allocation on a proportionate basis to mutual funds only and the remainder of the Net QIB portion shall be available for allocation on a proportionate basis to all QIBs, mutual funds, subject to valid bids being received at or above the offer price, the company said. PTI VIJ VIJ SS SS<\/p>\n<div class=\"trade-after-content\" id=\"trade-3834652969\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Veranda Learning Solutions on Thursday said it has fixed price band of Rs 130-137 per equity share of face value of Rs 10 each for its forthcoming initial public offering scheduled to begin from March 29. The offer consists of equity shares of face value of Rs 10 each of the issuer aggregating up to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":17570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1516,31,1789],"tags":[],"class_list":["post-31194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Veranda Learning Solutions IPO to open on March 29; fixes price band of Rs 130-Rs 137 per equity share - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-veranda-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Veranda Learning Solutions IPO to open on March 29; fixes price band of Rs 130-Rs 137 per equity share\" \/>\n<meta property=\"og:description\" content=\"Veranda Learning Solutions on Thursday said it has fixed price band of Rs 130-137 per equity share of face value of Rs 10 each for its forthcoming initial public offering scheduled to begin from March 29. 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