Veranda Learning Solutions IPO Subscription Details

Bookbuilding IPO | ₹200 Cr | Listed at BSE, NSE | Tue, Mar 29, 2022 - Thu, Mar 31, 2022

Basis of Allotment - Veranda Learning Solutions IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)75,36,40534,12,5001,09,48,90521,89,78114,59,8541,45,98,540
Allotment price (Rs.)137137137137137137
No.of applications931218456,14656,342
No.of shares applied1,60,62,00034,12,5001,94,74,50083,52,30064,26,3003,42,53,100
Amount collected (Rs.cr.)220.05 46.75 266.80 114.43 88.04 469.27
No.of times subscribed2.131.001.783.814.402.35
No.of shares allotted75,36,40534,12,5001,09,48,90521,89,78114,59,8541,45,98,540
Amount (Rs.cr.)103.25 46.75 150.00 30.00 20.00 200.00
No.of allottees931218414,59814,794

IPO Shares Offered

Veranda Learning Solutions IPO is a public issue of 1.46 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 1.09 Cr shares to qualified institutional buyers, and 0.22 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,09,48,905150.00 75.00%
    Anchor 34,12,500 46.75 23.38%
    QIB (Ex Anchor) 75,36,405 103.25 51.62%
NII 21,89,78130.00 15.00%
Retail14,59,85420.00 10.00%
Total1,45,98,540200.00 100%

Veranda Learning Solutions IPO Anchor Investor Allocation

A total of 34,12,500 shares at a price of Rs 137 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 28, 2022
Anchor investor price₹137.00
Anchor investors as % of QIBs31.17%
No. of shares locked-in for 30 days17,06,250
No. of shares locked-in for 90 days17,06,250
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 AG DYNAMIC FUNDS LTD. AG DYNAMIC FUNDS LTD. 18,24,900 25.00 53.48 12.50
2 RESONANCE OPPORTUNITIES FUND RESONANCE OPPORTUNITIES 7,30,000 10.00 21.39 5.00
3 NEXT ORBIT VENTURES FUND NEXT ORBIT 8,57,600 11.75 25.13 5.87
34,12,50046.7510023.38

IPO Subscription FAQs

The Veranda Learning Solutions IPO is subscribed 3.5251 times by Mar 31, 2022 17:00.

Veranda Learning Solutions IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.0226
Non Institutional3.8701
Retail Individual10.7642
Total Subscription3.5251

Retail category of Veranda Learning Solutions IPO subscribed 10.7642 times as of date Mar 31, 2022 17:00. The public issue closes on Thu, Mar 31, 2022 for bidding.

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

The Veranda Learning Solutions IPO is subscribed 3.5251 times by Mar 31, 2022 17:00.

The Veranda Learning Solutions IPO allotment status is expected on or around Tuesday, April 5, 2022. Visit Veranda Learning Solutions IPO allotment status to check.

The Veranda Learning Solutions IPO listing date is April 11, 2022. The equity share of Veranda Learning Solutions IPO will list on BSE, NSE.

Visit Veranda Learning Solutions IPO subscription status page for real-time bidding information about Veranda Learning Solutions IPO.

Veranda Learning Solutions IPO Timetable

IPO opens OnTuesday, March 29, 2022
IPO Closes OnThursday, March 31, 2022
Finalisation of Basis of AllotmentTuesday, April 5, 2022
Initiation of RefundsWednesday, April 6, 2022
Credit of Shares to Demat AccountWednesday, April 6, 2022
IPO Listing DateMonday, April 11, 2022
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