Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Repayment of borrowings
Repayment or prepayment, in part or full, of certain outstanding borrowings.
Edureka acquisition funding
Payment of consideration for the acquisition of Edureka, or repayment of a bridge loan taken for that acquisition.
Growth initiatives
Funding the company's growth initiatives.
No lots distribution added yet.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
No peer comparisons added yet.
Veranda Learning Solutions Limited, incorporated in 2018, offers online and offline coaching and test preparation services for career defining examinations, including UPSC civil services, chartered accountancy, banking, insurance, railways and other government exams. The company serves students, graduates, professionals and corporate employees through a mix of physical learning centers and a digital platform. The company is backed by promoters from the Kalpathi family, who have a long history in Chennai based business ventures spanning media, real estate and investments. Veranda has pursued an acquisition led growth strategy in the test preparation and skilling space, including the purchase of the Edureka online learning platform. At the time of its IPO, Veranda was an early stage, loss making company by reported financials, reflecting its rapid expansion phase. Proceeds from the public issue were directed largely toward debt repayment, funding the Edureka acquisition and general growth initiatives rather than returning capital to existing shareholders, since the offer was structured entirely as a fresh issue with no offer for sale component.
Veranda Learning Solutions raised approximately Rs 46.75 crore from anchor investors ahead of the issue opening, representing a meaningful share of the QIB portion of the offer.
Source: RHP • Analysis provided for informational purposes
Last Updated: 19 July 2026, 5:30 AM
Established, diversified promoter group
The company is backed by promoters with a multi-decade track record across several Chennai based business ventures, providing operational and financial support.
Acquisition led scale up in test preparation
Veranda has grown through acquisitions such as Edureka, broadening its reach across offline coaching and digital learning formats.
Presence across multiple exam categories
The company addresses a wide range of competitive examination segments, from civil services to professional and banking exams, reducing dependence on any single course category.
History of losses
The company has reported losses in every period disclosed ahead of its IPO, raising questions about the near term path to profitability.
Execution risk from rapid acquisitions
Integrating multiple acquired businesses, including a large online platform, carries execution and integration risk.
Weak post-listing price discovery
The stock listed under trade for trade restrictions and showed an unusually wide gap between its NSE and BSE opening prices, reflecting thin and uncertain early price discovery.
Veranda Learning Solutions Limited
Old No. 54, New No. 34, Thirumalai Pillai Road, T. Nagar, Chennai 600017, Tamil Nadu, India
View on Maps →No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.