Varyaa Creations IPO, Review, IPO Performance by IPOPlatform India

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

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 and
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

Merchant Banker :
Inventure Merchant Banker Services Private Limited

IPO Registrar:
Bigshare Services Private Limited

Anchor Investors:

FAQs

1. What is Varyaa Creations IPO?

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 .

2. Who is the merchant banker of Varyaa Creations IPO?

Merchant Banker(s) of Varyaa Creations IPO: Inventure Merchant Banker Services Private Limited

3. How many times Varyaa Creations IPO was subscribed?

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.

4. What is the listing price of Varyaa Creations IPO?

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

5. What is the current market price of Varyaa Creations IPO?

The current market price of Varyaa Creations is 89.50.

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Varyaa Creations Limited IPO (Varyaa Creations IPO) Details

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

Pricing Report

Performance Report (CAGR* wise)

About Varyaa Creations

Company Information

Object of Issue

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

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