Veranda Learning IPO GMP, Expected Kostak Rates, Subject to Sauda


Last updated on April 6, 2022

Veranda Learning IPO DetailsVeranda Learning IPO ReviewAllotment Status

Keep updated with latest Veranda Learning IPO GMP (Grey Market Premium), kostak rates, and subject to sauda rates. Veranda Learning IPO GMP for today is INR15 per share against the issue price of INR130-137 per share. This implies Veranda Learning IPO expected listing price is INR152 per share based on the current GMP.

Veranda Learning Solutions is a digital learning platform that provides a wide range of career-defining courses in the field of competitive exam preparation. Veranda provides students, professionals, and corporate personnel with diverse and integrated learning options. The company has a major presence in the segment through Edureka which contributed 72% of its revenues in H1 FY2022.

Veranda Learning IPO GMP Daily Trend

DateVeranda Learning IPO GMPKostakSubject to Sauda
1 Apr 2022INR15INR300INR300
31 Mar 2022INR15INR300INR300
30 Mar 2022INR10INR300INR300
29 Mar 2022INR300INR300
28 Mar 2022INR300

This page provides day-wise GMP movement which is helpful in deriving tentative listing price and profit/loss of the IPO. The historical premiums mentioned in the above table serve an important purpose and have a close linkage with subscription levels, especially in the QIB and HNI categories. It is typically observed that recovery in premiums is difficult after a sharp correction.

IPO Central also provides grey premium of all active, recent and forthcoming IPOs at a single place. Head to our IPO discussion page which provides a snapshot of IPO premiums.

It should be noted that IPO grey market is unregulated and is highly volatile and thus, it should not be used as the only criterion for an investment decision in an IPO. Investors need to look into other parameters including financial performance and valuations before deciding whether to invest in Veranda Learning IPO or not.

Veranda Learning IPO Details

Subscription Dates29 – 31 March 2022
Price BandINR130- 137 per share
Fresh issueINR200 crores
Offer For SaleN/A
Total IPO sizeINR200 crore
Minimum bid (lot size)100 shares
Minimum investment amountINR13,700 for one lot at upper band
Maximum bid (lot size) 1,400 shares (14 lots)
Maximum investment amount INR1,91,800 for 14 lots
Face Value INR10 per share
Retail Allocation10%
Listing OnNSE, BSE

Veranda Learning News

Veranda Learning IPO Timetable

This table provides important information about Veranda Learning IPO. The dates are updated once the company files RED Herring Prospectus (RHP).

IPO Opening Date29 March 2022
IPO Closing Date31 March 2022
Finalisation of Basis of Allotment5 April 2022
Initiation of refunds6 April 2022
Transfer of shares to demat accounts6 April 2022
Listing Date7 April 2022

What is Veranda Learning GMP today?

Veranda Learning GMP today is INR15 per share.

What is Veranda Learning IPO kostak rate today?

Veranda Learning IPO kostak rate today is INR300 per application.

What is Veranda Learning Subject to Sauda rate today?

Veranda Learning Subject to Sauda rate today is INR300 per application.

What is the expected listing price and return of Veranda Learning IPO?

Veranda Learning IPO expected return is 10.9% based on the current GMP and expected listing price is INR137 per share.

Disclaimer: No content published anywhere on this website should be treated as investment advice or as an offer to buy or sell securities. All the content offered on the website is for educational and informational purposes only. Please contact your investment adviser before making an investment. Any reader taking decisions based on any information published here does so entirely at own risk.


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