Veranda Learning Solutions Makes Strong Market Debut, Lists At Premium Of 15%

The stock made its debut at Rs 157, a gain of 14.59 per cent on the BSE. Later, it jumped 18.97 per cent to Rs 163.

Veranda Learning Solutions Makes Strong Market Debut, Lists At Premium Of 15%
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Shares of Veranda Learning Solutions Ltd made a mixed debut on the exchanges on Monday, where it listed with a nearly 15 per cent premium on BSE, against the issue price of Rs 137.

In contrast, at the NSE, it opened at Rs 125, a discount of 8.75 per cent. It hit a high of Rs 131.25 and a low of Rs 125.

The stock made its debut at Rs 157, a gain of 14.59 per cent on the BSE. Later, it jumped 18.97 per cent to Rs 163.

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The initial public offering of Veranda Learning Solutions Limited was subscribed 3.53 times late last month.

The Rs 200-crore public offer had a price range of Rs 130-137 a share.

The company offers diversified and integrated learning solutions in online, offline-hybrid, and offline-blended formats to students, aspirants and graduates, professionals, and corporate employees. 

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