Varanium Cloud Limited
NSE SME₹122,000 / 1000 Shares
Varanium Cloud Limited IPO Details
The Varanium Cloud Limited IPO price band is set between ₹122 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 16 Sep, 2022 and closes on 20 Sep, 2022. Investors can check the allotment status on 26 Sep, 2022, while the listing date is tentatively scheduled for 27 Sep, 2022.
The total issue size is 3,000,000 shares of ₹10, aggregating up to ₹36.60 Cr. Stay tuned for the latest Varanium Cloud Limited IPO review and GMP updates.
Varanium Cloud Limited IPO Review, Rating & Analysis
Varanium Cloud Limited IPO Review
NO REVIEWVaranium Cloud Limited IPO Rating
Varanium Cloud Limited IPO Highlights
IPO Date
Sep 16, 2022 - Sep 20, 2022
Listing Date
27 Sep, 2022
Face Value
₹10 Per Equity Share
Price Band
₹122 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Varanium Cloud Limited IPO Lot Size
The minimum market lot for Varanium Cloud Limited IPO is 1000 shares with an application amount of ₹1,22,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,22,000 |
| Retail (Max) | 1 | 1000 | ₹1,22,000 |
| S-HNI (Min) | 2 | 2000 | ₹2,44,000 |
| S-HNI (Max) | 8 | 8000 | ₹9,76,000 |
| B-HNI (Min) | 9 | 9000 | ₹10,98,000 |
Varanium Cloud Limited IPO Timeline
Issue Price
₹122 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
First Overseas Capital LimitedIssue Size
3,000,000 shares of ₹10(aggregating up to ₹36.60 Cr)Varanium Cloud Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 20 | 765.39 | 12.44 | -148.9 | - | - | - |
| 31 Mar 21 | 833.09 | 419.51 | 289.25 | - | - | - |
| 31 Mar 22 | 4066.68 | 3535.21 | 840.19 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| % | % |
About Company
Incorporated in Dec 2017, Varanium Cloud Limited is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services.
Varanium Cloud Business Verticles:
Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments;
Online payment facilitation services (PayFac);
Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under the Edmission brand;
Provision of information technology-related services to startups and SMEs to help them transition their business to digital platforms and manage the relevant infrastructure on an IaaS (Infrastructure As A Service) model.
Varanium Cloud Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,257,000 | 1,257,000 | 2,514,000 |
Day 1 -16-09-22 06:00 PM | 0.05 x | 0.29 x | 0.17 x |
Day 2 -19-09-22 06:00 PM | 0.80 x | 1.83 x | 1.31 x |
Day 3 -20-09-22 06:00 PM | 5.83 x | 5.09 x | 5.46 x |
Frequently Asked Questions about Varanium Cloud Limited IPO
When will Varanium Cloud Limited IPO open for subscription?
The Varanium Cloud Limited IPO opens on 16 Sep, 2022 and closes on 20 Sep, 2022.
What is the investors portion for Varanium Cloud Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1257000.
How to apply for Varanium Cloud Limited IPO?
You can apply for Varanium Cloud Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Varanium Cloud Limited IPO?
The issue size of Varanium Cloud Limited IPO is approx ₹3,000,000 shares of ₹10(aggregating up to ₹36.60 Cr) crores.
What is the price band of Varanium Cloud Limited IPO?
The price band for Varanium Cloud Limited IPO is ₹122 per equity share to ₹undefined.
What is the lot size of Varanium Cloud Limited IPO?
The minimum bid (lot size) for Varanium Cloud Limited IPO is N/A shares with an investment of approx ₹122,000 .
What is the allotment date of Varanium Cloud Limited IPO?
The allotment date for Varanium Cloud Limited IPO is 26 Sep, 2022.
What is the listing date of Varanium Cloud Limited IPO?
The listing date for Varanium Cloud Limited IPO is expected to be 27 Sep, 2022.
What is the GMP of Varanium Cloud Limited IPO?
The latest Grey Market Premium (GMP) for Varanium Cloud Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.