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Varanium Cloud IPO Subscription Details (Live Status)

Varanium Cloud IPO Details

IPO Open Sep 16, 2022
IPO Close Sep 20, 2022
IPO Price ₹122
Face Value ₹10
IPO Size ₹36.60 Cr
Listing At NSE SME
Lot Size 1000
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Varanium Cloud IPO Subscription Status Live

Varanium Cloud IPO subscribed 5.46 times. The public issue subscribed 5.09 times in the retail category, [.] times in QIB, and 5.83 times in the NII category by Sep 20, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers5.83
Retail Investors5.09
Employees[.]
Others[.]
Total5.46

Varanium Cloud IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Sep 16, 2022
0.060.340.20
Day 2
Sep 19, 2022
0.801.831.31
Day 3
Sep 20, 2022
5.835.095.46

Varanium Cloud IPO Shares Offered

Varanium Cloud IPO is a public issue of 2,514,000 equity shares. The issue offers 1,257,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,257,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
NII1,257,00015.3450.00%
Retail1,257,00015.3450.00%
Total2,514,00030.67100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Varanium Cloud IPO Subscription FAQs

The Varanium Cloud IPO is subscribed 5.46 by Sep 20, 2022.

Varanium Cloud IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional5.83
Retail Individual5.09
Employee Reservations[.]
Others[.]
Total Subscription5.46

Retail category of Varanium Cloud IPO subscribed 5.09 times as of date Sep 20, 2022. The public issue closes on Sep 20, 2022 for bidding.

An investor can apply in Varanium Cloud IPO online via bank (using ASBA) or the broker (using UPI). The Varanium Cloud IPO shares are offered online only.

The Varanium Cloud IPO is subscribed 5.46 by Sep 20, 2022.

The Varanium Cloud IPO allotment status is expected on or around Sep 23, 2022. Visit Varanium Cloud IPO allotment status to check.

The Varanium Cloud IPO listing date is Tuesday, September 27, 2022. The equity share of Varanium Cloud Limited will list on NSE SME.

Visit Varanium Cloud IPO subscription status page for real-time bidding information about Varanium Cloud IPO.

Varanium Cloud IPO Timetable

IPO Opens OnSep 16, 2022
IPO Closes OnSep 20, 2022
Finalisation of Basis of AllotmentSep 23, 2022
Initiation of RefundsSep 26, 2022
Credit of Shares to Demat AccountSep 27, 2022
IPO Listing DateSep 27, 2022