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
| Date | Veranda Learning IPO GMP | Kostak | Subject to Sauda |
| 1 Apr 2022 | INR15 | INR300 | INR300 |
| 31 Mar 2022 | INR15 | INR300 | INR300 |
| 30 Mar 2022 | INR10 | INR300 | INR300 |
| 29 Mar 2022 | – | INR300 | INR300 |
| 28 Mar 2022 | – | INR300 | – |
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 Dates | 29 – 31 March 2022 |
| Price Band | INR130- 137 per share |
| Fresh issue | INR200 crores |
| Offer For Sale | N/A |
| Total IPO size | INR200 crore |
| Minimum bid (lot size) | 100 shares |
| Minimum investment amount | INR13,700 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 Allocation | 10% |
| Listing On | NSE, 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 Date | 29 March 2022 |
| IPO Closing Date | 31 March 2022 |
| Finalisation of Basis of Allotment | 5 April 2022 |
| Initiation of refunds | 6 April 2022 |
| Transfer of shares to demat accounts | 6 April 2022 |
| Listing Date | 7 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.
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