Veranda Learning Solutions Ltd. has announced public offering of 14598540 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 127.00 per share. The gross proceeds of the issue are expected to be Rs 20,000.00 lakhs.

The company's initial public offer (IPO) will open on 29 March 2022 and is expected to close on 31 March 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 130.00-137.00 per share.

The IPO includes a fresh Issue of 14598540 Equity Shares of the Company at an price of Rs 137.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 100 shares with bids in multiples of 100.

Veranda Learning Solutions Ltd. anticipates using the proceeds of the issue for .

Systematix Corporate Services Ltd. as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.