Veranda Learning IPO subscription status is to start from March 29, 2022, Tuesday. The company to raise ₹200 crores via IPO at a price band of ₹130 to ₹137. The retail portion of this IPO is 10%, QIB is 75% and HNI is 15% quota. The IPO subscription will close on March 31, 2022, Thursday. The minimum bid for the IPO is 100 shares cost ₹13,700 for 1 market lot. The face value is ₹10 per equity share.
Veranda Learning Solutions is a digital learning platform that offers a multitude of career-defining courses in the field of competitive exams training. The company reported ₹4.87 crores of revenues in 2022 6M against ₹2.55 crores in 2021. The company’s financial report is looking weak and the company reported loss for in 2022 and 2021 as well. Please check the Veranda Learning IPO details over here.
IPOWatch View
We recommend investors apply for an IPO with a caution. Investors should also look at the QIB and HNI numbers as well as Veranda Learning grey market premium movement before investing. You can check the Veranda Learning IPO allotment status here.
Veranda Learning IPO Subscription Status (Live Data Day 3)
Last Updated 17:00
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.05 | 0.28 | 2.02 |
| NII | 0.85 | 1.06 | 3.87 |
| RII | 4.15 | 7.00 | 10.76 |
| Total | 0.74 | 1.31 | 3.53 |
Veranda Learning IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Veranda Learning IPO Date & Price Band
| IPO Open: | 29 March 2022 |
| IPO Close: | 31 March 2022 |
| IPO Size: | Approx ₹200 Crores |
| Fresh Issue: | Approx ₹200 Crores |
| Offer for Sale: | Approx – Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹130 to ₹137 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Veranda Learning IPO Market Lot
| Minimum Lot Size: | Minimum 100 Shares for 1 lot |
| Minimum Amount: | ₹13,700 for 1 lot |
| Maximum Lot Size: | Maximum 1400 Shares for 14 lot |
| Maximum Amount: | ₹191,800 for 14 lot |
Veranda Learning IPO Time Table
| Price Band Announcement: | 23 March 2022 |
| Anchor Investors Allotment: | 28 March 2022 |
| IPO Open Date: | 29 March 2022 |
| IPO Close Date: | 31 March 2022 |
| Basis of Allotment: | 05 April 2022 |
| Refunds: | 06 Apri l2022 |
| Credit to Demat Account: | 06 April 2022 |
| IPO Listing Date: | 11 April 2022 |
Veranda Learning IPO Form
How to apply the Veranda Learning IPO? You can apply Veranda Learning IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Veranda Learning IPO in the Invest section. The other option you can apply Veranda Learning IPO via IPO forms download via NSE and BSE. Check out the Veranda Learning forms – click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Veranda Learning IPO Subscription Status FAQs:
When Veranda Learning IPO Subscription will start?
The IPO subscription starts on 29 March 2022 for QIB, NII, and Retail Investors.
How much Veranda Learning IPO subscribed?
The IPO subscribed 3.53x times on day 3.
What is Veranda Learning IPO Retail subscription status?
The RII subscription status is 10.76x on day 3.
How to subscribe to Veranda Learning IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Veranda Learning IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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