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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
Open an Instant Account with Zerodha

Veranda Learning IPO Subscription Status Live

Veranda Learning IPO subscribed 3.53 times. The public issue subscribed 10.76 times in the retail category, 2.02 times in QIB, and 3.87 times in the NII category by Mar 31, 2022.

Investor CategorySubscription (times)
Qualified Institutions2.02
Non-Institutional Buyers3.87
Retail Investors10.76
Employees[.]
Others[.]
Total3.53

Veranda Learning IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Mar 29, 2022
0.050.854.150.74
Day 2
Mar 30, 2022
0.281.067.001.31
Day 3
Mar 31, 2022
2.023.8710.763.53

Veranda Learning IPO Shares Offered

Veranda Learning IPO is a public issue of 11,788,365 equity shares. The issue offers 1,538,461 shares to retail investors, 7,942,212 shares to qualified institutional buyers, and 2,307,692 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB7,942,212108.8167.37%
NII2,307,69231.6219.58%
Retail1,538,46121.0813.05%
Total11,788,365161.50100%

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • 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.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Veranda Learning IPO Subscription FAQs

The Veranda Learning IPO is subscribed 3.53 by Mar 31, 2022.

Veranda Learning IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional2.02
Non Institutional3.87
Retail Individual10.76
Employee Reservations[.]
Others[.]
Total Subscription3.53

Retail category of Veranda Learning IPO subscribed 10.76 times as of date Mar 31, 2022. The public issue closes on Mar 31, 2022 for bidding.

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

The Veranda Learning IPO is subscribed 3.53 by Mar 31, 2022.

The Veranda Learning IPO allotment status is expected on or around Apr 5, 2022. Visit Veranda Learning IPO allotment status to check.

The Veranda Learning IPO listing date is Monday, April 11, 2022. The equity share of Veranda Learning Solutions Limited will list on BSE, NSE.

Visit Veranda Learning IPO subscription status page for real-time bidding information about Veranda Learning IPO.

Veranda Learning IPO Timetable

IPO Opens OnMar 29, 2022
IPO Closes OnMar 31, 2022
Finalisation of Basis of AllotmentApr 5, 2022
Initiation of RefundsApr 6, 2022
Credit of Shares to Demat AccountApr 6, 2022
IPO Listing DateApr 11, 2022

1 Comments

1. Padosi  
What is the GMP?