Varyaa Creations IPO bidding started from April 22, 2024 and ended on April 25, 2024. The allotment for Varyaa Creations IPO was finalized on Friday, April 26, 2024. The shares got listed on BSE SME on April 30, 2024.
IPO Size: 1,340,000 shares (20.10 Cr) Fresh Issue: 1,340,000 shares (20.10 Cr) Subscription Dates: April 22, 2024 to April 25, 2024 Expected Allotment: Friday, April 26, 2024 Listing Date (Tentative): April 30, 2024 Retail Investors: ₹.150,000 (1000 shares) HNI : ₹.300,000(2 lots, 2000 shares)
| IPO Date | April 22, 2024 to April 25, 2024 |
| Listing Date | April 30, 2024 |
| Face Value | ₹10 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,340,000 shares (aggregating up to ₹20.10 Cr) |
| Fresh Issue | 1,340,000 (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 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 635,026 (47.39%) |
| Total Shares Offered | 1,340,000 (100%) |
Varyaa Creations Limited IPO raises ₹ crore from anchor investors. Varyaa Creations Limited IPO Anchor bid date is January 1, 1970. Varyaa Creations Limited IPO Anchor Investors list
| GMP Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 03-05-2024 | ₹150 | ₹0 | ₹150 (0.00%) | 03-05-2024 12:05 |
| 02-05-2024 | ₹150 | ₹40 | ₹190 (26.67%) | 02-05-2024 12:05 |
| 01-05-2024 | ₹150 | ₹30 | ₹180 (20.00%) | 01-05-2024 12:05 |
Varyaa Creations Limited IPO opens on April 22, 2024 and closes on April 25, 2024.
| 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 | 05:00 pm, April 25, 2024 |
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹ 150,000 |
| Retail (Max) | 1 | 1000 | ₹ 150,000 |
| HNI (Min) | 2 | 2000 | ₹ 300,000 |
| Lot Size Calculator | |||
The promoters of the company are Mrs. Pooja Vineet Naheta and Mrs. Sarika Amit Naheta
Incorporated in July 2005, Varyaa Creations Limited deals in wholesale trading of gold, silver, precious stones, and semi-precious stones.
The product portfolio includes Necklaces, Earrings, Tops, Rings, Bracelets, Bangles, Gemstones, Diamonds, Lab-grown diamonds, and Pearls. The company also create custom-made jewellery based on customers’ requirements.
The portfolio offers customers various jewellery designs for all occasions and price points.
As of 31st March 2024, the company employs 8 people in various departments.
The Net Proceeds from the Issue are proposed to be utilized by the company for the following objects:
Varyaa Creations Limited
11, Floor-3rd, Plot 5/1721, Kailash Darshan,
Jagannath Shankarseth Marg-Kennedy Bridge,
Gamdevi, Grant Road, Mumbai-400007
Phone: +91 9920558483
Email: info@varyaacreations.com
Website: https://varyaacreations.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
| Listing Date | April 30, 2024 |
| BSE Script Code | 544168 |
| ISIN | INE0R6801013 |
| Final Issue Price | ₹ 150 per share |
| BSE Script Code: | |
| Day Open Price: | ₹ |
| Day High - Low: | ₹ - ₹ |
| Previous Close: | ₹ |
| Total Traded Value: | ₹ |
| Traded Quantity: | |
| Total Trade: | |
| Updated On: |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹ 150 | ₹ 150 |
Varyaa Creations Limited IPO is a main-board FPO of 1,340,000 equity shares of the face value of ₹ 10 aggregating up to ₹ 20.10 Crores. The issue is priced at . The minimum order quantity is 1000 Shares.
The Varyaa Creations Limited IPO opens on April 22, 2024 and closes on April 25, 2024.
Retail Investors: ₹.150,000 (1000 shares) Small HNI : ₹.300,000(2 lots, 2000 shares) Big HNI : ₹.1,050,000(7 lots, 7000 shares)
The finalization of Basis of Allotment for Varyaa Creations Limited 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. Check the Varyaa Creations Limited IPO allotment status.