The details about the Veranda Learning Solutions Ltd IPO is as:
- The issue size of the IPO is 200 Cr.
- The price band ranges from Rs 130 to Rs 137.
- The shares of Veranda Learning Solutions Ltd will list on 7th April 2022.
- The latest tentative GMP of Veranda Learning Solutions IPO is Rs _.
- The shares of Veranda Learning Solutions IPO is subscribed 3.53 Times as of 31st March 2022.
Veranda Learning Solutions IPO Valuation
The approx valuation of Veranda Learning Solutions IPO based on its price band and DRHP/RHP is:
| Particulars |
Value |
| Upper Price Band |
Rs 137 |
| Existing Shares (Qty) |
4.11 Cr |
| Fresh Issue |
200 Cr |
| Market Cap |
763.07 Cr |
| EPS (FY21) |
Rs -7.29 |
Veranda Learning Solutions IPO Issue Size
Veranda Learning Solutions IPO issue size is 200 Cr.
| Issue |
Amount |
| Fresh Issue |
200 Cr |
| Offer For Sale |
0 Cr |
Veranda Learning Solutions IPO Market Lot
An Individual can apply for a minimum 1 lot of 100 shares and a maximum of 14 lots of 1400 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
100 |
Rs 13,700 |
| Maximum |
14 |
1400 |
Rs 1,91,800 |
Veranda Learning Solutions IPO Share Offer
The shares of Veranda Learning Solutions IPO is subscribed 3.53 Times as of 31st March 2022. The category-wise shares offered are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Minimum 75% |
2.02 Times |
| Non-Institutional |
Maximum 15% |
3.87 Times |
| Retail Individual |
Maximum 10% |
10.76 Times |
| Total |
|
3.53 Times |
Veranda Learning Solutions IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 1 April 2022 |
Rs - |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Find below the dates for Veranda Learning Solutions IPO:
| Schedule |
Date |
| Basis of Allotment |
5 April 2022 |
| Refunds |
6 April 2022 |
| Credit to Demat Account |
6 April 2022 |
| IPO Listing Date |
11 April 2022 |
Check allotment status