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Varyaa Creations IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Jewellery sector. Inventure Merchant Banker Services Private is the merchant banker of Varyaa Creations IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd September 2023.
Varyaa Creations IPO open date is 22nd April 2024 and close date is 25th April 2024. IPO Allotment Date is 26th April 2024 and Listing date is 30th April 2024.Varyaa Creations IPO size is Rs 20.10 Cr. crores with IPO price of Rs 150.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Inventure Merchant Banker Services Private Limited is the book-running lead manager of the Varyaa Creations IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Svcm Securities Private Limited for Varyaa Creations IPO.
Varyaa Creations IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Varyaa Creations IPO, based in Mumbai, operates in the Jewellery sector with a focus on wholesale trading of gold, silver. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Varyaa Creations IPO size is ₹ 20.10 Cr. Crores with fresh issue size of Rs 20.10 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Varyaa Creations IPO is expected to be 26th April 2024, after the finalization of basis of allotment. Investors can check Varyaa Creations IPO allotment status on the registrars website, Bigshare Services Private Limited. Varyaa Creations IPO refund dates are 29th April 2024.
Varyaa Creations IPO is expected to be listed on 30th April 2024.
The upper price band for the Varyaa Creations IPO is set at ₹ 150.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Varyaa Creations IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Varyaa Creations IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th April 2024. After submission, funds are blocked until the basis of allotment of Varyaa Creations IPO is finalised.
The merchant banker for Varyaa Creations IPO is Inventure Merchant Banker Services Private Limited . Inventure Merchant Banker Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Varyaa Creations IPO RHP for further details.
The registrar for Varyaa Creations IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Varyaa Creations IPO through their official website or helpline.
Varyaa Creations IPO was subscribed 3.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 20.10 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.86 Cr.
Sector: Jewellery
SME IPO so far:
41
Merchant Banker:
Inventure Merchant
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 34.38 cr.
PE
Ratio:
10.23x
Average Sector PE Ratio: 25.29x
Varyaa Creations IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Varyaa Creations Financial Review Page
Merchant Banker(s) of Varyaa Creations IPO: Inventure Merchant Banker Services Private Limited
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 70.56.
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