Veranda Learning Solutions IPO
EdTech - Listed on 11 April 2022
Veranda Learning Solutions IPO listing summary
Veranda Learning Solutions (EdTech) closed its IPO window in 2022 and listed on NSE and BSE on 11 April 2022 at an upper band issue price of Rs 137, opening at Rs 131.25 for a listing gain of -4.2% and closing day one at Rs 131.25 (-4.2% on closing basis). The IPO was subscribed 188.38x overall - QIB 172.93x, HNI/NII 422.42x, Retail 96.90x. The total issue size was Rs 199.45 Cr (Fresh Issue Rs 160.73 Cr, OFS Rs 38.72 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Veranda Learning Solutions IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 15 | +10.95% |
| Day 2 | Rs 15 | +10.95% |
| Day 3 | Rs 15 | +10.95% |
| Day 4 | Rs 10 | +7.30% |
| Day 5 | Rs 15 | +10.95% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Veranda Learning Solutions IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Veranda Learning Solutions IPO - FAQs
What was the listing gain of Veranda Learning Solutions IPO?
Veranda Learning Solutions IPO listed at -4.2% versus the upper issue price of Rs 137 on 11 April 2022.
How many times was Veranda Learning Solutions IPO subscribed?
Veranda Learning Solutions IPO was subscribed 188.38x overall. QIB portion was subscribed 172.93x, HNI / NII 422.42x and Retail 96.90x.
What was the IPO GMP for Veranda Learning Solutions?
IPO GMP started at Rs 15 on Day 1 and moved to Rs 15 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.