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Company details

284.00
289.75
149.15
379.90
6M Return 52.82%
1Y Return 80.02%
Mkt Cap.(Cr) 1,610.53
Volume 3,790
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 3,790

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INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 30.23 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 1,086.92 31,630.28
LAST 3M 26,106.69 27,748.51
LAST 6M 51,912.10 30,983.40
LAST 12M 200,397.72 -159,835.95

Information

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57.5538
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Description
  • Veranda Learning Solutions Limited was incorporated on November 20, 2018 as `Andromeda Edutech Private Limited`, a Private Limited Company under Companies Act, 2013, pursuant to a Certificate of Incorporation dated November 21, 2018 issued by Registrar of Companies, National Capital Territory of Delhi and Haryana. Name of the Company was changed to `Veranda Learning Solutions Private Limited`, pursuant to a fresh Certificate of Incorporation dated September 10, 2020 issued by the Registrar of Companies, Chennai. Subsequently, the Company was converted into a Public Limited Company pursuant to a Resolution passed by Shareholders in Extra Ordinary General Meeting held on September 30, 2021 and a fresh Certificate of Incorporation dated October 12, 2021 was issued by Registrar of Companies, Chennai consequent upon conversion, recording the change in name of Company to `Veranda Learning Solutions Limited`. The Company is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates professionals and corporate employees enrolled with the courses through multitude of career-defining competitive exams, professional courses, exam-oriented courses, short term upskilling and reskilling courses. The Company also provides comprehensive long term and short term preparatory courses in a simple and lucid manner for students preparing preparing for UPSC Exams, State Public Service Commission, Staff Selection Commission, Banking, Insurance, Railways and Chartered Accountancy. Apart from this, it provides customised short term skilling courses, long term courses and other corporate courses to Learners as well. The Company also deliver these courses to employees of corporates through its B2B offerings. Veranda primarily provide services through online, offline hybrid and offline blended learning models. Its offline hybrid learning model involves classroom teaching supported with online assessments and access to self-paced learning material to enhance recall and retention. The offline blended model involves a mix of Online content and Offline delivery, wherein the centre delivers LMS Study Materials together with traditional classroom experience of personal mentoring from Mentors, with a dedicated Mentor in each class room available for assistance to students. Apart from thus. the Company`s offline hybrid and offline blended learning models offer traditional classroom experience of personal mentoring from experienced Mentors along with highly curated digital content and online assessments. Veranda`s tech-infused online learning model allows students to engage in self-paced inclusive and individualised learning experience without being hindered by the restriction of needing to be present in a physical classroom. Online learning model comprises recorded videos and online live instructor led learning mode. The Company also focus on delivering specific courses in regional languages to better reach out to Students of Tier 2 and 3 cities and rural areas. In November 2020, the Company acquired content, brand, education materials from Chennai Race Coaching Institute Private Limited, through wholly-owned subsidiary, Veranda Race Learning Solutions Private Limited. The Company launched a mobile app in the name for Veranda Learning comprising integrated courses offered exclusively for their students. In December 2020, the Company digitized and launched the content acquired from Chennai Race Coaching Institute Private Limited through Veranda Race. In March 2021, the Company engaged SAI IAS Academy to provide content for its subsidiary, Veranda IAS Learning Solutions Private Limited. In July 2021, Company commercially launched CA course offered by Veranda CA. In August 2021, the Company commercially launched UPSC course offered by Veranda IAS. In September 2021, the Company acquired 100% shareholding of Brain4ce Education Solutions Private Limited and became its subsidiary of the Company effective from 17th September 2021. With this acquisition, the Company expanded presence in software education in the global market, particularly in the USA and UK.

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Registered Address

Old No 54 New No 34, Thirumalai Pillai Road T Nagar, Chennai, Tamil Nadu, 600017

Tel : 91-44-42967777
Email : anantharamakrishnan.m:verandalearning.com
Website : http://www.verandalearning.com

Registrar

KFin Techologies Ltd

AGM Date (Month) :
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543514
NSE Code : VERANDA
Book Closure Date (Month) :
BSE Group : B
ISIN : INE0IQ001011

ICICIdirect Veranda Learning Solutions Ltd FAQ

You can buy Veranda Learning Solutions Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Veranda Learning Solutions Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Nov 28, 2022 09:35 AM the closing price of Veranda Learning Solutions Ltd was ₹ 288.75.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Nov 28, 2022 09:35 AM, the market cap of Veranda Learning Solutions Ltd stood at ₹ 1,610.53.
The latest PE ratio of Veranda Learning Solutions Ltd as of Nov 28, 2022 09:35 AM is 0
The latest PB ratio of Veranda Learning Solutions Ltd as of Nov 28, 2022 09:35 AM is 0.20
The 52-week high of Veranda Learning Solutions Ltd is ₹ 379.90 while the 52-week low is ₹ 149.15 .

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