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Veranda Learning IPO Details

Issue Open Mar 29, 2022
Issue Close Mar 31, 2022
IPO Price ₹137
Face Value ₹10
IPO Size ₹200.00 Cr
Listing At BSE, NSE
IPO Lot Size 100
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Veranda Learning IPO Schedule

  • Bid/Offer Opens On: Mar 29, 2022
  • Bid/Offer Closes On: Mar 31, 2022
  • Finalization of Basis of Allotment: Apr 5, 2022
  • Initiation of refunds: Apr 6, 2022
  • Credit of Equity Shares: Apr 6, 2022
  • Listing Date: Apr 11, 2022

Check Veranda Learning IPO allotment status online by clicking the button below. If you have difficulties finding the Veranda Learning Solutions Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Veranda Learning IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Veranda Learning Solutions Limited IPO, check the 'basis of allotment' document.

Veranda Learning IPO Allotment FAQs

The Veranda Learning IPO allotment status will be available on Apr 5, 2022, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Veranda Learning IPO allotment status online:

  • Visit the Veranda Learning IPO allotment status page.
  • Click on the green Veranda Learning IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Veranda Learning IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Veranda Learning IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Veranda Learning IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Veranda Learning IPO allotment status is expected on Apr 5, 2022. Click the green button Veranda Learning IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Veranda Learning IPO oversubscribed in the retail category, the Veranda Learning IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Veranda Learning IPO shares will get listed on Monday, April 11, 2022. The equity share of Veranda Learning Solutions Limited will list on BSE, NSE.

The reason you didn't get the Veranda Learning IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Veranda Learning IPO will open for bidding on Mar 29, 2022. The IPO application closes on Mar 31, 2022.