214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Varyaa Creations IPO (Varyaa Creations Limited IPO) Detail

Varyaa Creations Limited is an Jewellery based company, located in Mumbai, Varyaa Creations Limited IPO size was 20.10 Cr. and was issued at 150.00 per share. The share of Varyaa Creations Limited were listed at 270.75 per share and are currently trading at 42.83 per share.

Type :
Sub Sector : Wholesale Trading Of Gold, Silver
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
35.24 Cr.

PAT :
7.02 Cr.

Pricing Report

Issue Price :
150.00

Listing Price :
270.75

Current Market Price :
42.83

Issue Price vs CMP :
107.17 (71.45%)

listing Price vs CMP :
227.92 (84.18%)

Performance Report (CAGR* wise)

CAGR : -58.03
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Varyaa Creations

Company Information
Varyaa Creations Limited is engaged in the wholesale trading of gemstones, precious metals, and the manufacturing of jewellery. Its registered office and primary operations are based in Mumbai. The company outsources the manufacturing of jewellery to job workers in Mumbai. The primary raw materials used for crafting the jewellery include gold, precious stones, gemstones, semi-precious stones, and silver. These materials are predominantly procured from the bullion and jewellery markets in Mumbai. Gold bars and other essential materials are provided to the job workers, although no formal agreement is in place with them. The design and pattern of the jewellery are created in-house, and these designs are shared with the job workers for manufacturing. The jewellery is marketed through both B2B and B2C platforms, and customized
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Object of Issue
  • To finance the establishment of the new showroom
  • Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom
  • Purchase of Inventory
  • General Corporate Purposes

Varyaa Creations SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Apr, 2024
IPO Size :
20.10 Cr.
Market Cap :
71.85 Cr.   
IPO Subscription :
3.59 X     
PE Multiple :
10.23
Anchor Investors:
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FAQs

Varyaa Creations operates in Jewellery and Wholesale Trading Of Gold, Silver. The Issue is listed on BSE SME in Apr, 2024. Varyaa Creations IPO size was 20.10 Cr. with Issue price of 150.00 .

Varyaa Creations IPO subscription was 3.59 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Varyaa Creations IPO listed at a listing price of 270.75 against the offer price of 150.00.

The current market price of Varyaa Creations is 42.83.

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