Veranda Learning Solutions Limited IPO Message Board (Page 5)

32. Hash Paatni | Link | Bookmark | March 29, 2022 2:50:05 PM

BIG "NO" for this IPO.

Ye kon se Retalers hai.. jo ankhen band karke pessa laga rahe hn... ya toh andhe h ya fir unke pass andha pessa h...

32.1. Lalith | Link | Bookmark | March 30, 2022 3:34:34 PM

These are retailers who see a great opportunity in Edtech sector and the company and also are going for 1st mover advantage. Other companies like Bijus, Upgrad, Toppr, are planning IPO later so this is golden opportunity to diversify one’s portfolio in tech-based companies by venturing into edtech.

31. Shaik Fasil | Link | Bookmark | March 30, 2022 2:57:44 PM

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.

30. Padam Abhishek | Link | Bookmark | March 30, 2022 2:20:46 PM

Going for only profitable and already established companies will only mean lower returns in the long run. Veranda has to be seen from future growth point of view and not from the traditional earnings metrics. The Offline Education market has grown by ~4x over the past decade and is expected to increase to USD 10.4 bn by FY2025. Thisincludes 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.

29. Lalith | Link | Bookmark | March 30, 2022 1:16:54 PM

28. Krishna Awate | Link | Bookmark | March 30, 2022 12:23:01 PM

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.

27. ~~Aditya Hujband~~ | Link | Bookmark | March 30, 2022 10:30:48 AM

🌟 IPO Update
🔸️Hariom Pipe Industries IPO
Dates: 30th Mar to 5th April
Price Band: Rs 144 - Rs 153
Lot Size: 98 Shares
IPO Size : Rs 130Crores
🔸️ I'm not applying in Uma Exports IPO & Vernada Learning IPO.

26. M Manohar | Link | Bookmark | March 28, 2022 4:26:24 PM

Very good group. The promoters are in the business for more than 40 years. Issue size of 200 crores is penny for them. Successful businessmen. They are into movie production, multiplexes, investment and many more. Wait for the surprise.

26.1. Asoke sarkar | Link | Bookmark | March 28, 2022 9:31:18 PM

IPO Mentor (600+ Posts, 700+ Likes)

In the same veranda or there are compartments ! 😅

You please note - this is a different company four years old . Engaged in tuition segment and in worst financial condition.

26.2. Deepblue | Link | Bookmark | March 29, 2022 8:25:36 PM

Actually I'm from Chennai. I know ags is a decent group. If they're listing ags cinemas or entertainment we can consider. But This seems kind of over valued. We can still buy in secondary market if needed. This should be done in sme ipo. Not main board ipo.

25. Aray Dalio | Link | Bookmark | March 29, 2022 3:49:27 PM

Guys chill.. its a 200cr IPO in which only 10% set aside for retail. Easily can get oversubscribed in retail.

Rather look at QIB and see which MFs are applying. Retail money can get invested indirectly through MF route and still it will be retail's loss only.

24. IPO mining | Link | Bookmark | March 28, 2022 5:55:40 PM

रुचि रिटेल ने अंडर सब्सक्राइब किया। अब ये लॉस वाली कंपनी रॉकेट लगेयगी तो मजा आयेगा, सबसे ज्यादा प्रीमियम लॉस मेकिंग के लिए ।।
क्योंकि प्रॉफिट वाली का pe toh pata लग गया।। मजा तो non pe वाली में है।।।

23. M Manohar | Link | Bookmark | March 28, 2022 4:30:03 PM

Very big group in Chennai. They are into movie production, multiplexes, investment and many more. Issue size of 200 crores is penny for them. They are in the business for more than 40 years. Watch out for surprise. Genuine promoters. Don't miss

22. IPOBond | Link | Bookmark | March 27, 2022 10:16:53 PM

Too much negativity on Board many things are not seen by many viewers let us see subscription fig hope its interesting mkt and Education mkt have good scope too...

22.1. Rinku chauhan | Link | Bookmark | March 30, 2022 7:44:55 PM

Here are the subscription figures of day 1:
- Veranda Learning SOlutions subscribed by 74% - The IPO received massive demand from retail investors on the first day with the portion reserved for this category fully subscribing.
- From the total bids received today, the portion reserved for retail individual investors got oversubscribed by 4.15 times
- The portion kept for non-institutional investors subscribed by 85%

22.2. IPOBond | Link | Bookmark | March 31, 2022 2:37:18 PM

what i told first see subscription fig all big fish will be gonna wrong

21. AMIT IND | Link | Bookmark | March 27, 2022 1:33:41 PM

Top Contributor (500+ Posts, 100+ Likes)

Nothing exciting in this one . there is no fancy in market for such peer companies. this one is overpriced, march ending time chosen is also a bit difficult one. I will definitely avoid this one.

21.1. vAAmsi | Link | Bookmark | March 30, 2022 7:53:32 PM

You must be joking! Edtech has no fancy in market ?!?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. 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.
Edtech is the future and if anyone wants diversified portfolio in tech and modern companies, this is a good opportunity.

20. Akshayjain | Link | Bookmark | March 26, 2022 5:43:09 PM

Kyunki mein Chennai se nhi hun and meri iss field mein expertise nhi hai and mein kuch inputs nhi de paunga, i am out of this IPO but all the best.

19. arunARUN | Link | Bookmark | March 25, 2022 9:13:26 PM

IPO Guru (1800+ Posts, 1600+ Likes)

Very poor retail response. Only 157000 application. High average lot of 2.89.
My past experience tells that application will not cross more than 10 lakh which means every one will get full allotment in retail as per trend now and based on past experience
Rate of interest at 12% for HNI is ridiculous

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19.2. karthick rs | Link | Bookmark | March 30, 2022 7:48:17 PM

Appne shayad news nahin padha:
Day 1 subscription details: - The IPO was subscribed 74% or 0.74 times as of 5 pm on March 29 Institutional Investors: 0.05 times
- Non-institutional investors: 0.85 times - Retail investors: 4.15 times

19.3. arunARUN | Link | Bookmark | March 31, 2022 10:27:16 AM

IPO Guru (1800+ Posts, 1600+ Likes)

@Kaarthick rs
Perhaps you have not seen date of message and my followup note saying that figures were for Ruchi Soya
Sorry if i caused some confusion

18. Poor Guy | Link | Bookmark | March 25, 2022 12:49:38 PM

Koi maha murkh hi hoga jo is IPO ke liye apply karega.

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18.4. Poor Guy | Link | Bookmark | March 28, 2022 9:51:36 AM

@Arun
Ok Sir, noted.

18.5. Durga Dhanush | Link | Bookmark | March 30, 2022 7:39:15 PM

Such irresponsible words! No facts no figures - nothing. Ismein jo invest karega wo opportunist rahega and let me explain the company details to you.
Company has started its business operations in Dec’20 by acquiring content of Chennai RACE.
Veranda has 54 mn (5.4 crore) Website visitors from Jan’21-Dec’21 and offers 150 courses 25 PDCs across 25 cities & 2 states. The Course material available in Tamil, Telugu, Malayalam, Kannada, English and Hindi. Veranda has 42K Students enrollment in last 9 months Apr-Dec-21 backed by 166 Mentors and 8 Student Advisors.
Its Infrastructure facility is created with technology service providers like ZOHO, Amazon Web and Testpress, etc. It has 10 recording studios: 1 in Kerala and 9 are based in Chennai.
Veranda is relatively new but the operating businesses owned by the company that drives Veranda’s valuation are mature businesses and about a decade old.
Now why people should invest:The Proforma FY21 topline is about Rs. 80 crore and Proforma half year revenue for period ended September 2021 H1FY22 is about Rs. 48 crore.
Promoters have delivered a network of about 1000 offline centres for high end software training from a single Center between 1995 and 2000; will be able to deliver the same in possibly half the time given the experience and the brand of Edureka which is a decade old reputed one
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.

17. Amit Das | Link | Bookmark | March 25, 2022 9:06:31 PM

नाम से नर्क है, मा सरस्वती का कठीन परिक्षा है। chartered accountancy का coaching देते हैं। थोडा सा goodwill दे दो भाई लोग। ipo शायद जीतेगा तो नहीं, पर इन्होंने विद्या में अपने पैसे घटाये हैं, राम करें इनको नुकसान न हो

17.1. Poor Guy | Link | Bookmark | March 26, 2022 10:14:50 AM

Fee ke paise vasooli ke liye hi to IPO laye hain :D

16. Srikanth Kumar Guntuboina | Link | Bookmark | March 25, 2022 10:47:09 PM

A clear “AVOID”

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16.1. Simran sinha | Link | Bookmark | March 30, 2022 8:29:32 PM

And where are your CLEAR FACT on why to avoid? Here’s why not to avoid and go for it:
Veranda Learning Solutions (VLS) seems to have mainly followed an inorganic growth model to strengthen its portfolio of service, content and offerings, notes Choice Broking IPO report. Having commenced its operations in Dec. 2020, the company is in growth phase, observes Choice Broking.
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.
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.
Just as evolved investors in the developed world look at ed-tech unicorns of India or newage companies or internet economy companies or e-commerce tech platforms, Veranda has to be seen from the future growth point of view and not from the traditional earnings metrics due to its limited operating history.
During the nine month period ended 31st Dec. 2021, a total of 42,667 students and professionals have enrolled across its courses, of which around 40% were from offline mode. In terms of educational courses/programs, 58% of the enrolments were for the Veranda Race (which offers courses for competitive exams), 40.8% were for Edureka (which provides online education for technology professionals). This is followed byVeranda IAS (1.1%) and Veranda CA (0.1%).
Promoters have delivered a network of about 1000 offline centres for high end software training from a single Center between 1995 and 2000; will be able to deliver the same in possibly half the time given the experience and the brand of Edureka which is a decade old reputed one

16.2. Learner SK | Link | Bookmark | March 31, 2022 8:22:02 AM

Top Contributor (1000+ Posts, 200+ Likes)

@Abhi patel, @Simran sinha - How much you guys get from promoters or MB? Just asking and who is the drafter of the common message? I am also interested to have some free money like you. Pl share the modus operandi so that forum members can be benefited.

16.3. IPO Wizard | Link | Bookmark | March 31, 2022 9:52:33 AM (300+ Posts)

lol @learner

They look Bots....

15. IPO Gyaan | Link | Bookmark | March 25, 2022 2:44:21 PM

What is the valuation at which IPO is happening ?

PE ratio ?

15.1. arunARUN | Link | Bookmark | March 25, 2022 4:11:33 PM

IPO Guru (1800+ Posts, 1600+ Likes)

It is a loss making company so no pe ratio. Due to losses it is compulsory 75% QIB and only 10 percent retail

14. ultrasnow | Link | Bookmark | March 25, 2022 3:32:34 PM

I misread company name as Veranda Cleaning, had to read again

14.1. UjwalG | Link | Bookmark | March 28, 2022 11:11:13 AM

IPO Mentor (900+ Posts, 500+ Likes)

I misread as "Veranda Earning"

14.2. MRavichandran | Link | Bookmark | March 29, 2022 10:44:07 AM

IPO Guru (2000+ Posts, 2700+ Likes)

@ultrasnow,
Veranda Cleaning...😂😂😂, you made my day

Thanks

13. Deshmukh. | Link | Bookmark | March 24, 2022 9:13:15 PM

Top Contributor (400+ Posts, 200+ Likes)

3rd Mainboard IPO Coming
Heard Hariom Pipe Filed RHP
Date's Expected Next week

13.1. Cautious ProPrio | Link | Bookmark | March 25, 2022 1:22:58 PM

IPO Guru (1900+ Posts, 1100+ Likes)

30/3 to 5/4

13.2. Deshmukh. | Link | Bookmark | March 25, 2022 1:48:17 PM

Top Contributor (400+ Posts, 200+ Likes)

Maine Pehle Hi Bola Tha😄