CALCULATE YOUR SIP RETURNS

Veranda Learning Unveils ₹380 Crore QIP to Cut Debt and Accelerate Growth

Written by: Team Angel OneUpdated on: 18 Jul 2025, 8:34 pm IST
Veranda Learning launches ₹380 crore QIP at ₹236.92 per share to reduce ₹870 crore debt and speed up strategic business expansion.
Veranda Learning Unveils ₹380 Crore QIP to Cut Debt and Accelerate Growth
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Veranda Learning Solutions has launched a Qualified Institutions Placement (QIP) worth ₹380 crore. The move seeks to improve the company’s financial health and support high-priority business initiatives.

₹380 Crore Fundraise to Reduce Debt and Boost Business Scale

Veranda Learning has kicked off a QIP to raise up to ₹380 crore, which includes a ₹30 crore green shoe option. The issue price has been set at ₹236.92 per share, at a significant discount from its previous close of ₹266 on NSE. 

The funds are primarily allocated to repay debt at the subsidiary Veranda XL Learning Solutions Pvt Ltd. By the end of FY25, the company reported outstanding borrowings and financial liabilities totalling roughly ₹870 crore.

Shareholder Nod and Strategic Intent

In June, Veranda Learning’s shareholders approved a resolution to proceed with fundraising via QIP. The resolution outlined that the additional capital would enhance operational liquidity, support organisational growth, and help eliminate debt across its core segments to ensure smoother execution of strategic goals.

Recently, Veranda Learning raised ₹48 crore through a preferential allotment to non-promoter investors, further strengthening its capital base.

Read More: Reliance Power Share Price in Focus as Board Approves to Raise ₹6,000 Crore via QIP; ₹3,000 Crore NCD Issue!

Veranda Learning Solutions Share Price Performance

On July 18, 2025, Veranda Learning Solutions share price opened at ₹266.00 on NSE, above the previous close of ₹265.91. During the day, it surged to ₹271.00 and dipped to ₹245.16. The stock is trading at ₹248.95 as of 11:54 AM. The stock registered a significant decline of 6.38%.

Over the past week, it has declined by 2.84%, over the past month, it has moved up by 25.18%, and over the past 3 months, it has moved up by 7.00%.

Conclusion

Veranda Learning’s ₹380 crore QIP demonstrates a targeted effort to de-leverage its balance sheet and fund growth initiatives. With prior investor backing and a market-supported capital plan, the company appears focused on strengthening its financial framework while scaling operations efficiently.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 18, 2025, 3:04 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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