Home learning solutions will open their first public offering to subscribe immediately. This will be the fifth IPO to be launched in the calendar in 2022, after AGS Transact Technologies, Adani Wilmar, Vedant Mode, and UMA exports.

Here are 10 main things to know before subscribing public problems:

1) IPO Date

Offers for offers will be opened on March 29 and the last day will be March 31. The book anchor will open for a day on March 28.

2) ribbon Price

The company has repaired price ribbons at Rs 130-137 per equity share for the offer.

3) Offer Size

Public problems consist of equity shares worth Rs 200 crore by the company. This means that the company will publish 1.53 crore equity shares on a lower price ribbon and 1.45 crore shares on a higher price ribbon.

4) The purpose of the problem

Clean acceptance of offers will be used to pay debt (rs 60 crore), payment of acquisition costs or loans related to Edureka (Rs 25.19 Crore), and growth initiative (RS 50 Crore).

5) Parts of Investors are ordered and Lot Size

Up to 75 percent of the total offer is reserved for qualified institutional buyers, 15 percent for non-institutional bidders, and the remaining 10 percent for retail investors.

Bid by investors can be made for a minimum of 100 equity shares and in multiples of 100 shares afterwards. With this, retail investors can make the minimum application for shares worth RS 13,700 and the maximum application fee is Rs 1,91,800 (for 14 lots).

6) Company Profile

Chennai-based Home Learning Solutions Started the operation in December 2020, offering diverse and integrated learning solutions for students, professionals and company employees who appear for competitive exams that determine careers, professional courses, exam oriented courses, short-term programs and reskilling.

This mainly provides these services through offline and offline offline hybrid learning models. The service is offered by the company through four subsidiaries who are fully owned by Veranda Learning Learning Solutions (Veranda Race), Veranda XL Learning Solutions (Veranda CA), Veranda IAS Learning Solutions (Veranda IAS), and Education Solutions Brain4ce (Edureka).

7) Promoters.

Promoter – Kalpathi S Aghoram, Kalpathi S Ganesh and Kalpathi S Suresh – With a collective experience of more than 40 years in the education sector, starting their entrepreneurship journey in 1991 with the formation of SSI, the registered entity which in April 2003 has lived from its education division and combines it With Aptech Limited. In July 2004, the IT service division was squeezed and joined Scandent Solutions Corporation. Now the promoter does not have an interest or right in SSI.

The promoter has 89.22 percent of share ownership in the education service provider and the rest is held by the public.

8) Finance

Home did not have a long history when starting operations in December 2020. In the financial year ending March 2021, recorded a loss of Rs 8.3 Crore on revenue Rs 2.54 Crore and in the six-month period end September 2021, the loss stands with RS 18.3 Crore on Increased income of Rs 15.46 Crore.

Non-smooth liabilities, which are generally due after one year or more, reaching RS 169.91 Crore including Rs 123.78 Crore loans, while smooth liabilities, which are paid within one year, are at RS 114.7 Crore including term loans Short RS. 41.4 Crore.

9) comparable colleagues

No comparable companies listed in India involved in business similar to the veranda according to the prospectus.

10) Rotation and Date List

The basis of stock allotment will be completed on April 5. The funds will be credited to a bank account for investors and failed equity shares will be transferred to an investor Demat account that meets the requirements on April 6.