Veranda Learning Solutions IPO Subscription Status
Veranda Learning Solutions IPO was subscribed 3.71 times when bidding closed on 31 Mar 2022: QIB 2.13x, NII 4.08x, Retail 11.34x.
The Veranda Learning Solutions IPO has been subscribed 3.71x times overall. Retail investors have shown interest with bids for 11.34x the shares available. The Non-Institutional Investor (NII) category has been subscribed 4.08x. Qualified Institutional Buyers (QIBs) have subscribed 2.13x. Data last updated on 10 Nov, 11:24 AM.
The IPO subscription period has ended. The issue opened on 29 Mar, 2022 and closes on 31 Mar, 2022. The shares are expected to list on stock exchanges on 11 Apr, 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 2.13x |
| NII | - of - - | 4.08x |
| Retail | - of - - | 11.34x |
| TOTAL | - - | 3.71x |
Veranda Learning Solutions IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 8.8% for a single lot.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
31 Mar 2022
Day 3 |
3.71x | ▼ | |
|
QIB2.13x
BHNI-
SHNI-
Retail11.34x
|
|||
|
30 Mar 2022
Day 2 |
1.31x | ▼ | |
|
QIB0.28x
BHNI-
SHNI-
Retail6.99x
|
|||
|
29 Mar 2022
Day 1 |
0.75x | ▼ | |
|
QIB0.05x
BHNI-
SHNI-
Retail4.16x
|
|||
Veranda Learning Solutions IPO dates
From the bidding window to listing. Today is 14 November.
- Open 29 Mar 2022
- Close 31 Mar 2022
- Allotment 05 Apr 2022
- Refund/credit 06 Apr 2022
- Listing 11 Apr 2022
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | AG DYNAMIC FUNDS LIMITED | - | ₹25.00 Cr | 53.48% | |
| 2 | NEXT ORBIT VENTURES FUND | - | ₹11.75 Cr | 25.13% | |
| 3 | RESONANCE OPPORTUNITIES FUND | - | ₹10.00 Cr | 21.39% | |
| TOTAL | ₹46.75 Cr | 100.00% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Veranda Learning Solutions IPO?
As of IPO close date (31 Mar, 2022), the Veranda Learning Solutions IPO is subscribed 3.71x times. Retail category is 11.34x, and NII is 4.08x subscribed.
When is the allotment date for Veranda Learning Solutions IPO?
The allotment for Veranda Learning Solutions IPO is expected to be finalized on 05 April, 2022.
What is the GMP of Veranda Learning Solutions?
The Grey Market Premium (GMP) for Veranda Learning Solutions is currently ₹15, indicating a potential listing gain of 11%.
When will Veranda Learning Solutions IPO list on the stock market?
Veranda Learning Solutions is scheduled to list on BSE and NSE on 11 April, 2022.
What are the chances of getting allotment in Veranda Learning Solutions IPO?
The retail category is oversubscribed at 11.34x, meaning allotment is by lottery. Statistically, approximately 1 in 12 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 2.13x mean for Veranda Learning Solutions IPO?
Moderate — QIBs have subscribed 2.13x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Veranda Learning Solutions IPO allotment status?
After the allotment date (05 Apr, 2022), you can check your Veranda Learning Solutions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Veranda Learning Solutions IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
