Veranda Learning Solutions IPO Date 2023, Veranda Learning IPO Issue Price Band at bseindia.com, nseindia.com, Kfintech.com, Veranda Learning IPO GMP Value, Share Price, Allotment Status, Lot Size 2023
Veranda Learning Solutions IPO 2023: If you are looking for investment opportunities in IPO then you have a great opportunity from 29 March 2023. In fact, tomorrow the IPO of digital learning platform Veranda Learning Solutions is opening for subscription. Investors will be able to invest in this IPO till March 31. The shares listing will be on BSE and NSE India. The Veranda Learning IPO Price Band for this issue has been kept at ₹130-137 per share. KFintech Pvt Ltd is the registrar for the Veranda Learning IPO. Let us tell you that the company’s total IPO value is worth ₹ 200 crores. This offer includes a new issue of Rs 200 crore. Here we have shared more info about the Veranda Learning Solutions IPO Date, GMP Value, Price Band, Lot Size, Allotment status. Read the complete article to get details.
Veranda Learning Solutions IPO Date & Price band, Allotment Status 2023
Table of Contents
According to brokerage firms, the share allotment of Veranda Learning Solutions IPO is likely to take place on April 5. The listing of the company in the stock market can happen on April 7, 2023. Investors can also check the Veranda Learning IPO Share price, Price Band, allotment information on bseindia.com and nseindia.com too. 10% of the net offer in the Veranda Learning Solutions IPO will be available to retail investors. 75% will be available for allocation to Qualified Institutional Buyers (QIBs) on a proportionate basis and up to 15% for non-institutional investors.
Veranda Learning IPO Share Price, GMP, Lot Size 2023
| IPO Open Date | Mar 29, 2023 |
| IPO Close Date | Mar 31, 2023 |
| Basis of Allotment Date | Apr 5, 2023 |
| Initiation of Refunds | Apr 6, 2023 |
| Credit of Shares to Demat Account | Apr 6, 2023 |
| IPO Listing Date | Apr 7, 2023 |
Veranda Learning Solutions IPO Lot Size
The lot size of Veranda Learning Solutions IPO is 100 shares. Investors will have to invest at least Rs 13,700. KFintech Private Limited will manage the share allotment and refund. Systematics Corporate Services Limited is the Manager of the Offer. Veranda Learning Solutions is an ad tech company of The Kalpathi AGS Group that provides tuition for competitive exam preparation in India. This includes examinations related to State PSCs, Banking/Staff Selection/RRBs, IAS and CA besides upskilling programmes.
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Veranda Learning Solutions IPO Price Band
The company has fixed a Veranda Learning Solutions IPO issue price band of Rs 130-137. The investor can bid for a minimum of 100 shares and a multiple of 100 thereafter. Most of the brokerages are not tracking the issue. But those tracking it have advised investors to stay away from it. Arafat Sayyed, Research Analyst at Reliance Securities said that the company’s stock looks expensive and there is a lot of competition in its market.
Summary about Veranda Learning IPO 2023
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹130 to ₹137 per equity share |
| Market Lot | 100 Shares |
| Min Order Quantity | 100 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10
(aggregating up to ₹200.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10
(aggregating up to ₹200.00 Cr) |
| QIB Shares Offered | 75% of the net offer |
| Retail Shares Offered | 10% of the net offer |
| NII (HNI) Shares Offered | 15% of the net offer |
FAQs Veranda Learning IPO Lot Size, Date, Price band, Allotment
When Veranda Learning IPO will open?
On 29th April 2023.
What is Veranda Learning Solutions IPO Closing date?
It is 31 March 2023.
What is the Lot Size of Veranda Learning IPO 2023?
The lot size is 100 shares.
Which company is the registrar company of this Veranda Learning IPO?
it is kfintech pvt ltd.
Where I can check Veranda Learning Solutions IPO Price Band?
It can be checked online at bseindia.com and nseindia.com
Disclaimer: all the details available on this page are only for the information purpose. Investors or interested people must check the official website of BSE India, NSE India and Registrar company Kfintech PVT LTD websites before investing in IPO.