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Veranda Learning Solutions Limited IPO

Mainboard IPOListedVERANDANSE
Current Market Price (CMP)
₹32.33(-76.40%)
Current Price (CMP)
₹32.33(-76.40%)

Live Market Quote

Listing Price & Gain
₹125(-8.76%)

Day 1 Exchange Open

IPO Issue Price
₹137

Band: ₹130 - ₹137

Total Subscription
3.53x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
29 Mar 2022
IPO Bidding Closes
31 Mar 2022
Allotment & Refunds
Completed
Exchange Listing Day
11 Apr 2022

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 3.53x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)2.02x
Non-Institutional Investors (NII / HNI)3.87x
Retail Individual Investors (RII)10.76x
Total Subscription3.53x
Updated as on 31-Mar-2022 17:00:00

Listing Day & Return Performance

Listing Day Gain-8.76%
₹137 (Issue) → ₹125 (List)
Per share profit: ₹-12.00
Holding Return (Till Date)-76.40%
₹137 (Issue) → ₹32.33 (CMP)
Net gain per share: ₹-104.67
Post-Listing Performance (Listing Day → Today):-74.14%

About Veranda Learning Solutions Limited IPO

Veranda Learning Solutions Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 29 Mar 2022 and concluded on 31 Mar 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹130 - ₹137.

During the bidding window, Veranda Learning Solutions Limited recorded an overall subscription of 3.53 times. Institutional investors (QIB) subscribed 2.02x, non-institutional high-net-worth investors (NII) subscribed 3.87x, and retail individual investors (RII) bid 10.76x their reserved quota.

The equity shares of Veranda Learning Solutions Limited officially debuted on the stock exchanges on 11 Apr 2022 at an opening listing price of ₹125, delivering a listing day return of -8.76% (discount) over the final issue price. As per the latest market data, the stock trades at ₹32.33, representing an overall decline of -76.40% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Veranda Learning Solutions Limited IPO?
The issue price of Veranda Learning Solutions Limited IPO was fixed at ₹137 per equity share. The indicative bidding price band was ₹130 - ₹137.
What were the open, close, and listing dates for Veranda Learning Solutions Limited IPO?
Veranda Learning Solutions Limited IPO opened on 29 Mar 2022, closed on 31 Mar 2022, listed on 11 Apr 2022.
How much was Veranda Learning Solutions Limited IPO subscribed?
The IPO received an overall subscription of 3.53 times. Category-wise, QIBs subscribed 2.02x, NIIs subscribed 3.87x, and Retail investors subscribed 10.76x.
What was the listing price and listing gain of Veranda Learning Solutions Limited IPO?
Veranda Learning Solutions Limited IPO listed on the stock exchange at ₹125, delivering a listing discount of 8.76% compared to the IPO issue price of ₹137.
Is Veranda Learning Solutions Limited IPO a Mainboard or SME IPO?
Veranda Learning Solutions Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Veranda Learning Solutions Limited IPO since its IPO?
At the latest market quote of ₹32.33, Veranda Learning Solutions Limited IPO has generated an all-time return of -76.40% since its initial public offering.

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