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Veranda Learning Solutions Limited IPO Subscription Status

📅Offer Date: 29 Mar 2022 – 31 Mar 2022

Minimum investment
₹13,700100 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total3.53x
QIB2.02x
NII3.87x
Retail10.76x

Veranda Learning Solutions Limited IPO was subscribed 3.53x in total when bidding closed on 31 Mar 2022, with 2.02x in the QIB category, 3.87x in NII, 10.76x in retail. The issue ran from 29 Mar 2022 to 31 Mar 2022 at a price band of ₹130.00–₹137.00 per share.

QIB2.02xNII3.87xRetail10.76xTotal3.53x1×

Times subscribed by category against the 1× line.

11
≈ 1 in 11 retail allotment
low allotment chance

Based on retail subscription (10.76x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs75,36,4051,52,23,5382.02x
NIIs21,89,78184,74,4523.87x
Retail14,59,8541,57,08,02910.76x
Total1,11,86,0403,94,86,7213.53x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs103.25208.562.02x
NIIs30.00116.103.87x
Retail20.00215.2010.76x
Total153.25539.863.53x

Values derived from share count × issue price (₹137.00)

What this means for allotment & listing

Because Veranda Learning Solutions Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Veranda Learning Solutions Limited IPO subscription FAQs