Varanium Cloud IPO subscription status started on Friday, September 16, 2022 and will close on September 20, 2022. Varanium Cloud IPO to raise around ₹36.60 crores via IPO. The retail quota is 50%, and HNI is 50%. The price band is fixed at ₹122 per equity share. The IPO to list on NSE.
Varanium Cloud Limited provides cutting-edge digital, technology & internet services in tier two cities. The company provides platforms to enables a positive effect on education, economic growth and employment by accelerating rural townships into a more digital-focused community. The company offer digital audio and video content streaming services to content owners and telecom operators in India and internationally on a SaaS model in B2B and B2C segments. Please check the Varanium Cloud IPO subscription status details over here.
IPOWatch View:
We recommend investors may apply an IPO with long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Varanium Cloud IPO allotment status here.Varanium Cloud IPO Subscription Status (Live Update – Day 3)
Last Updated – 5:00| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.06 | 0.80 | 5.83 |
| RII | 0.34 | 1.83 | 5.09 |
| Total | 0.20 | 1.31 | 5.46 |
Varanium Cloud 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
Varanium Cloud IPO Review
- Apply
Varanium Cloud IPO Date & Price Band
| Varanium Cloud IPO Open: | September 16, 2022 |
| Varanium Cloud IPO Close: | September 20, 2022 |
| Varanium Cloud IPO Size: | Approx ₹36.60 Crores, 3,000,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Varanium Cloud IPO Price Band: | ₹122 Per Equity Share |
| Varanium Cloud IPO Listing on: | NSE SME |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Varanium Cloud IPO Market Lot
The Varanium Cloud IPO minimum market lot is 1000 shares with a ₹122,000 application amount.
| Minimum IPO Lot Size: | Minimum 1000 shares for 1 lot |
| Minimum Amount: | ₹122,000 for 1 lot |
Varanium Cloud IPO Allotment & Listing Dates
The Varanium Cloud IPO date is September 16 and the IPO close date is September 20. The IPO allotment date is September 23 and the IPO might list on September 27.
| Varanium Cloud IPO Open Date: | September 16, 2022 |
| Varanium Cloud IPO Close Date: | September 20, 2022 |
| Basis of Allotment: | September 23, 2022 |
| Refunds: | September 26, 2022 |
| Credit to Demat Account: | September 27, 2022 |
| Varanium Cloud IPO Listing Date: | September 27, 2022 |
Varanium Cloud IPO Form
How to apply Varanium Cloud IPO? You can apply Varanium Cloud IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Varanium Cloud IPO in the Invest section. The other option you can apply Varanium Cloud IPO via IPO forms download via the NSE website. Check out the Varanium Cloud forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
