Varyaa Creations Limited

Varyaa Creations Limited

BSE SME

₹150,000 / 1000 Shares

Offer Date:Apr 22, 2024 - Apr 25, 2024
Share

IPO Details

Varyaa Creations Limited IPO is priced between ₹150 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.

The IPO bidding period opened on 22 Apr, 2024, and closed on 25 Apr, 2024. The allotment results will be announced on 26 Apr, 2024, with a tentative listing date set for 30 Apr, 2024.

The total issue comprises 1,340,000 shares, amounting to ₹20.10 Cr.

Varyaa Creations Limited IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Apr 22, 2024 - Apr 25, 202430 Apr, 2024₹10 Per Equity Share₹150 per equity share- Shares -BSE SME

Varyaa Creations Limited IPO Timeline

✓
IPO Open Date
22 Apr, 2024
✓
IPO Close Date
25 Apr, 2024
✓
Basis of Allotment
26 Apr, 2024
✓
Listing Date
30 Apr, 2024

Issue Price

₹150 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

Market Lot

1000 Shares (₹150,000/-)

Lead Manager

Inventure Merchant Banker Services Pvt Ltd

Issue Size

1,340,000 shares(aggregating up to ₹20.10 Cr)

Retail Portion

50%

Subscription

3.64 times

IPO Docs

DRHP RHP

Varyaa Creations Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 232000.55538.0378.93---
31 Mar 22143.78253.1357.98---
31 Mar 21218.3212.05-13.06---

All values are in ₹ Lakh

Varyaa Creations Limited IPO Valuations

EPS PRE IPO

₹2.29/-

EPS POST IPO

₹14.66/-

PE PRE IPO

65.56

PE POST IPO

10.23

ROE

-

ROCE

-

DEBT EQUITY

-

RONW

85.52%

PAT MARGIN

-

PRICE TO BOOK VALUE

-

About Company

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. We 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.

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Varyaa Creations Limited IPO Subscription Details

As onQIB/NIIRetailTotal
Shares Offered / Reserved635,000635,0001,270,000
Day 1 - 22-04-24 06:00 PM0.09 x1.31 x0.70 x
Day 2 - 23-04-24 06:00 PM0.20 x2.48 x1.34 x
Day 3 - 24-04-24 06:00 PM0.28 x3.65 x1.96 x
Day 4 - 25-04-24 06:00 PM1.20 x6.09 x3.64 x
Total No. of Applications:4,269 (Approx)

Varyaa Creations Limited IPO - Issue Objectives

  1. To finance the establishment of the new showroom
  2. Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom
  3. Purchase of Inventory
  4. General Corporate Purposes.
Company Contact Details

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/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html