The Varyaa Creations date has been confirmed from April 22, 2024 and closes on April 25, 2024. Read the post to learn about Varyaa Creations IPO GMP.
Varyaa Creations IPO is a fixed price issue of Rs20.10 crores. The price is ₹ 150 per share. The minimal lot size for an operation is 1000 Shares. The minimum amount of investment needed by retail investors is ₹ 150,000. The minimal lot size investment for HNI is 2 lots( 2,000 shares) amounting to ₹ 300,000.
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Key Details Of Varyaa Creations
Bidding Dates
April 22-25
Price Range
₹150 per share
Face Value
₹10 per share
GMP
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Varyaa Creations IPO GMP
The Varyaa Creations IPO GMP is ₹[].
Varyaa Creations IPO Overview
Varyaa Creations IPO has a fixed price of Rs20.10 crore. The offering is wholly new, totaling 13.4 lakh shares. Varyaa Creations ’ original public offering( IPO) will begin on April 22, 2024 and end on April 25, 2024. The allocation for Varyaa Creations’ IPO is expected to be finalized on Friday, April 26, 2024. Varyaa Creations ’ IPO will be listed on BSE SME with a conditional table date of Tuesday, April 30, 2024.
Its IPO price is ₹ 150 per share. The minimal lot size for an application is 1000 shares. The minimal investment for retail investors is ₹ 150,000. The minimal investment for HNI is 2 lots( 2,000 shares) worth ₹ 300,000.
Varyaa Creations IPO Details
| IPO Date | April 22, 2024 to April 25, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹150 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,340,000 shares (aggregating up to ₹20.10 Cr) |
| Fresh Issue | 1,340,000 shares (aggregating up to ₹20.10 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,450,000 |
| Share holding post issue | 4,790,000 |
| Market Maker portion | 70,000 shares |
Varyaa Creations Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,049.17 | 2,000.55 | 143.78 | 218.32 |
| Revenue | 1,762.49 | 538.03 | 253.13 | 12.05 |
| Profit After Tax | 351.11 | 78.93 | 57.98 | -13.06 |
| Net Worth | 410.56 | 59.45 | -19.47 | -77.46 |
| Reserves and Surplus | 65.56 | 44.45 | -34.47 | -92.46 |
| Total Borrowing | 44.81 | 283.82 | ||
| Amount in ₹ Lakhs | ||||
Varyaa Creations IPO Timeline
| IPO Open Date | Monday, April 22, 2024 |
| IPO Close Date | Thursday, April 25, 2024 |
| Basis of Allotment | Friday, April 26, 2024 |
| Initiation of Refunds | Monday, April 29, 2024 |
| Credit of Shares to Demat | Monday, April 29, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 25, 2024 |
Company Profile
Varyaa Creations Limited, innovated in July 2005, specializes in the noncommercial trade of gold, silver, precious stones, and semi-precious stones. Chokers, earrings, covers, rings, bracelets, bangles, gemstones, diamonds, lab- grown diamonds, and pearls are all part of the product portfolio. We also make personalized jewelry depending on our customers specifications. The collection provides guests with a wide range of jewelry designs for all events and pricing points. As of March 31, 2024, the company employs 8 workers across several departments.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Varyaa Creations Limited |
| Phone number | +91 9920558483 |
| Email ID | [email protected] |
| Website | varyaacreations.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Varyaa Creations IPO FAQs
When Varyaa Creations IPO will open?
The Varyaa Creations IPO opens on April 22, 2024 and closes on April 25, 2024.
What is the lot size of Varyaa Creations IPO?
Varyaa Creations IPO lot size is 1000 Shares, and the minimum amount required is ₹150,000.
When is Varyaa Creations IPO allotment?
The finalization of Basis of Allotment for Varyaa Creations IPO will be done on Friday, April 26, 2024, and the allotted shares will be credited to your demat account by Monday, April 29, 2024.
When is Varyaa Creations IPO listing date?
The Varyaa Creations IPO listing date is not yet announced. The tentative date of Varyaa Creations IPO listing is Tuesday, April 30, 2024.
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