Veranda Learning Solutions’ initial public offering (IPO) of Rs 200 crore will open on March 29

The initial public offering (IPO) for Veranda Learning Solutions will open on March 29 and close on March 31.

The company has set the price range for the IPO between Rs 130-137 per share.

Veranda is looking to raise Rs 200 crore in fresh capital through its IPO. The proceeds will be used to pay off debts and for expansion.

Veranda Learning offers online and offline training services for a variety of courses. The last initial public offering to hit the local market was by Vedant Fashions in early February.

Dear Reader,

Business Standard has always strived to provide the latest information and commentary on developments that matter to you and that have broader political and economic implications for the country and the world. Your continued encouragement and feedback on how we can improve our offerings has made our resolve and commitment to these ideals even stronger. Even during these challenging times brought about by Covid-19, we continue our commitment to keeping you updated with trusted news, authoritative opinions and insightful commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more, so we can continue to bring you more quality content. Our subscription form has seen an encouraging response from many of you, who have subscribed to our content online. Further subscribing to our online content can only help us achieve our goals of providing better and more relevant content. We believe in free, fair and credible journalism. Your support with more subscriptions can help us practice the journalism we are committed to.

Support quality press and Subscribe to Business Standard.

digital publisher