Veranda Learning Solutions Limited IPO Message Board (Page 4)

one question, can anybody confirm that QIB portion which is 75% is locked for 30 days after ipo list?

QIB portion is not locked. They are allowed to sell on listing. Only Anchor portion is blocked

thanks for update @arun and @ipogyaaan

i just checked its anchor list and found as per below message, let see

Chennai-based learning solutions provider Veranda Learning Solutions on March 28 raised Rs 46.75 crore from three anchor investors, ahead of public issue launch.

The company informed exchanges that they have finalised allocation of 34,12,500 equity shares to anchor investors, at an upper price band of Rs 137 per equity share.

AG Dynamic Funds acquired Rs 25 crore worth of equity shares, Resonanace Opportunities Fund bought Rs 10 crore worth of shares, and Next Orbit Ventures have been allocated shares worth Rs 11.74 crore by the company, through anchor book.

As always Gods of forum attacking anyone who posts anything on the fundamentals of the company. They just want the people to serve there personal interest as in their opinion investing is nothing but their own personal opinion and whatever happens ....who can dare not to follow......personal opinion of Gods.

Do anything but don't ever depend on someone else to protect you from bad decisions....

The company says they enrolled 42,667 candidates. If we assume revenue from a single student to be a minimum of Rs. 10,000/- the turnover should be Rs. 42crs. For half year the turnover is 15crs. I guess due to revenue recognition they have to defer it for the duration of the courses or as and when they will be completed. Now, if my understanding is correct, they will have a phenomenal growth in revenue. I might apply in this 🫢

Applied finally, 200 lots.

@ipo stonks,
All the best to you for betting high. 👍

Thanks

Dear noorul,Aniket, rajakumar,ipo bull,Amit pathak,hostpacker,manjitsing,eagleeyemam,owleyes,lekker,lokes, chalak lomdiji ,krupaji and well wishers..Should we go for apply or not ?

Thanks for your valuable guidance Mravichandra.you are taking mind blowing gamble in last moment

@Avenue,
thanks for your response. btw, I liked your last sentence, which is absolutely correct. 😉

@God is Great,
Thanks for your comment. 🤞

Thanks

THIS RUSH IS OF NEW INVESTORS WHO IS INVESTING WITHOUT SEEING THE BALANCE SHEET . CAREER POINT HAS NOT GIVEN ANY GOD RETURN AFTER GREAT LISTING. I WOULD LIKE TO REQUEST ALL THE INVESTORS NOT TO APPLY BLINDLY AND FOOLISHLY. WE RE NOT FOOL. WE EARN MONEY WITH HARD WORK. WE SHOULD PROTECT OUR HARD EARNED SAVING.

Loss making company / think before applying.

No movement in QIB quota, still not a single share subscribed for Mutual fund, my favorite section for choosing IPO.

Will be waiting to see atleast 2-3 times subscription then only will be interested to subscibe for 1 lot or else skip

I am not applying..

I dont have any problem with loss making companies if they show growth potential. This company has no moat nor scale. I wonder whats the hurry to list so quickly.. China closed all windows for edtech companies, so all FII and PE firms lining up for edtech companies in India. This field has great potential, room for 4-5 big companies.
Certainly at this point I dont see this company is the one of those winners.
Skipping it.

@LOKES @CHALAK LOMDI @NOORUL @IPO BULL SIR YOUR VIEWS ON THIS IPO?

Surprisngly Veranda Learning is showing 20 percent GMP.. and so called other available good ipos like hari om ..No GMP. I m going with it ..It may surprise on listing .

Don't go by retail participation. Most retailers do not have much experience & follow herd mentality.

Online education will drastically reduce with formal education opening up with reduction in pandemic.

SME stocks carry highest risk & can be illiquid also thereby you may lose whole investment.

Verdana is not SME.

@Learner SK
when verdana will lunch , you must be talking about veranda if not then reply

@ Chittorgarh admin
at subscription tab you have nicely shown the
Category      Shares Offered      Amount (Rs Cr) (add percentage column)

which makes clear but now a days all ipos are coming with different percentage of NII and retail category, if you also shows % percentage with that table that makes our life easy.

thanks in advance.

GOOD MORNING EVERYONE. KINDLY GUIDE IF TO APPLY VERANDA FOR LISTING GAINS THANKS

ONGC OFS
Company: Oil & Natural Gas Corp. Ltd. (ONGC)
Non-Retail Subscription Dt: 30th March 2022
Retail Subscription Dt: 31st March 2022
Issue Size: Rs. 3000.40 Cr
Retail Portion: Rs. 300.04 Cr. (10%)
Floor Price: Rs. 159.00
CLOSING PRICE: Rs. 171 (NSE)

Sonal ben how to apply in ongc ofs???

Through bank asba?

Ongc Cmp rs161, nothing left in the plate..

No one suggesting to apply in this IPO. Baki marzi hai aapki aakhir money hai aapki.. :)
Axis Capital - Neutral
Capital Market - Avoid
Dilip Davda - Avoid
JM Financial Institutional Securities - Neutral
TopShareBrokers.com - Avoid

You have to note that because of the size of the IPO many broking houses are not evaluating. So, you are in no position to advise others negatively. Vijay Singhania, Chairman, TradeSmart, said Veranda Learning Solutions will be keenly watched as it is an ed-tech venture offering training programs for competitive exams preparation in India at multiple levels and segments.
"Markets will be keenly watching investor interest in this new-age company and bidding from retail and institutional buyers will help revive the sentiments of the primary market," added Singhania.
While Byju’s, Unacademy, Toppr, UpGrad and Vedantu are going public through an IPO later, Veranda Learning Solutions is the first to launch an IPO in this space to offer investors a golden opportunity to log on to such a company quite early in its evolutionary stage.
So, it’s best to research and make up your own decision.

Loss making company
High price
Revives are to avoid
Only positive is less quota .

Still is it recommended? I don't think so. Clear avoid.

Let me explain why Veranda Learning is recommended.
Choice Broking says that K-12 education is over 40% of the total edu-tech market in India. This is followed by test preparation and online certification. VLS has presence in test preparation market and intends to have services for the K-12 segment in future.
Hem Securities report points out that in India, educational technology market size is expected to increase by 3.7x and a CAGR of 39% from US$2.8bn in 2020 to US$10.4bn in 2025. Kindergarten to 12th grade education (K to 12) has the highest market share of 41.4% in 2020 and is expected to retain the top spot with an expected market share of 41.3% in 2025, followed by test preparation and online certification. Test preparation market share is expected to increase fastest from 28.6% market sharein 2020 to 38.4% market share in 2025.
The Offline Education market has grown by ~4x over the past decade and is expected to increase to USD 10.4 bn by FY2025. This includes K12, Test Preparation, Online Certification and Skill Development.
Like in the case of ed-tech unicorns or new-age companies or internet economy companies or e-commerce tech platforms, Veranda has to be seen from future growth point of view and not from the traditional earnings metrics due to its limited operating history.
Please give your recommendations, positive or negative, with proper facts and reasoning and not just in air.

There are so many better options available in secondary market in this segment at better and proven fundamentals.

VERANDA LEARNING SOLUTIONS LTD IPO

Last One year Promoters have acquired share at Rs 11.76

IPO Price Rs. 130-137
11.65 Valuations in just one year.....

Retailers ko Loot rahe hai ...

Also, on day 1 the IPO is subscribed 74% with retail portion getting oversubscribed by 4.15 times. This is a fact which you can just google news and get. Retail investors definitely see value in this and I will give you reason why.
Over the past decade, the education sector clocked a CAGR of 14% led by rapid urbanization and increased educational spend. Urban areas offer better job opportunities and higher wages, while providing better access to quality education. Thus, an increased urbanization will also result in higher spending on education. India’s growing prosperity and rising disposable income have seen increased spending by households on education. All these positives are captured in its valuation.
While Byju’s, Unacademy, Toppr, UpGrad and Vedantu are going public through an IPO later, Veranda Learning Solutions is the first to launch an IPO in this space to offer investors a golden opportunity to log on to such a company quite early in its evolutionary stage.

Good to see so many Export New Members.......

The company is just incorporated in 2018, promoted by the Kalpathi brothers known for their AGS entertainments.
Business: online and offline coaching for competitive exams and QIPs.
Valuation: The company yet to demonstrate its performance; could not make profit so far (P/E < 0). In RHP page-107, the NAV is stated to be just Rs. 6.04 making a massive 22.75 P/B. Unjustified valuation.
Business potential: Even in the pandemic time with good potential for online coaching, the company couldnt make profit. Although online coaching looks scalable, the ground reality is different. A big competition from unorganized section.
My personal opinion: I do not know why they urged to list it so quickly. I am not seeing good business potential. It may be over subscribed tens of folds. But I am skipping it.
This is my personal opinion. Please consult your SEBI registered advisor.

Before the pandemic, online education was mostly preferred by non-traditional students–students who were working full-time or raising families, though it was gaining popularity due to wider access to the internet and lack of quality coaching centres in Tier2/ Tier-3 cities. In the pandemic there was no one who went from zero to profit immediately, there are lot of factors as mentioned here that played the role of edtech booming now and showing massive potential in the future.
Going forward, Veranda Learning Solutions plans to use opportunistic and strategic acquisitions to rapidly expand offerings and customer reach, says Religare IPO note. It also plans to expand its presence in its existing and new markets. It also intends to expand focus on B2C and B2B models to include individual students, corporates and educational institutions including schools and colleges.
Like in the case of ed-tech unicorns or new-age companies or internet economy companies or e-commerce tech platforms, Veranda has to be seen from future growth point of view and not from the traditional earnings metrics due to its limited operating history.
The Offline Education market has grown by ~4x over the past decade and is expected to increase to USD 10.4 bn by FY2025. This includes K12, Test Preparation, Online Certification and Skill Development.

Dear Mr. Krishna,
I just expressed my opinion. I have a set of rules based on fundamentals. I do not speculate. Investing in securities is quite different from other businesses. As a retail investor, you will have nearly no control over the business. So, the only hold we have is fundamentals. As you said, if the company performs better in the future and reaches heights, i will be even happy to buy at 1000. But currently i do not see good potential. The current tech platform company boom looks to me very similar to " dotcom" boom. Veranda is just started 4 years back. They did not even prove their potential, but wanted public money. Looks strange. I strongly believe that any company making continuous losses will end up with zero at some point. First, let Veranda show some profit on its book. I may be wrong. Please consult experts and registered analysts.