Varanium Cloud IPO Subscription Details

Fixed Price IPO | ₹37 Cr | Listed at NSE SME | Fri, Sep 16, 2022 - Tue, Sep 20, 2022

Basis of Allotment - Varanium Cloud IPO

Details NII Retail Total
Allocation (No. of shares)12,57,00012,57,00025,14,000
Allotment price (Rs.)122122122
No.of applications3886,2746,662
No.of shares applied67,98,00062,74,0001,30,72,000
Amount collected (Rs.cr.)82.94 76.54 159.48
No.of times subscribed5.414.995.20
No.of shares allotted12,57,00012,57,00025,14,000
Amount (Rs.cr.)15.34 15.34 30.67
No.of allottees2421,2571,499

IPO Shares Offered

Varanium Cloud IPO is a public issue of 0.25 Cr equity shares. The issue offers 0.13 Cr shares to retail investors , 0.13 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker4,86,0005.93 16.20%
Other 12,57,00015.34 41.90%
Retail12,57,00015.34 41.90%
Total30,00,00036.60 100%

IPO Subscription FAQs

The Varanium Cloud IPO is subscribed 5.4598 times by Sep 20, 2022 19:00.

Varanium Cloud IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional5.8321
Retail Individual5.0875
Total Subscription5.4598

Retail category of Varanium Cloud IPO subscribed 5.0875 times as of date Sep 20, 2022 19:00. The public issue closes on Tue, Sep 20, 2022 for bidding.

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

The Varanium Cloud IPO is subscribed 5.4598 times by Sep 20, 2022 19:00.

The Varanium Cloud IPO allotment status is expected on or around Friday, September 23, 2022. Visit Varanium Cloud IPO allotment status to check.

The Varanium Cloud IPO listing date is September 27, 2022. The equity share of Varanium Cloud IPO will list on NSE SME.

Visit Varanium Cloud IPO subscription status page for real-time bidding information about Varanium Cloud IPO.

Varanium Cloud IPO Timetable

IPO opens OnFriday, September 16, 2022
IPO Closes OnTuesday, September 20, 2022
Finalisation of Basis of AllotmentFriday, September 23, 2022
Initiation of RefundsMonday, September 26, 2022
Credit of Shares to Demat AccountTuesday, September 27, 2022
IPO Listing DateTuesday, September 27, 2022
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