Varyaa Creations IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Apr 22 to Apr 25 2024
Price Band
₹150
Current GMP
₹285(90.0%)
Subscription
3.59 times
IPO Details
| IPO Date | April 22, 2024 to April 25, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹150 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,340,000 shares (aggregating up to ₹20.10 Cr) |
| Fresh Issue | 1,340,000 shares (aggregating up to ₹20.10 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,450,000 |
| Share holding post issue | 4,790,000 |
| Market Maker portion | 70,000 shares Svcm Securities |
IPO Date
April 22, 2024 to April 25, 2024
Listing Date
Tuesday, April 30, 2024
Face Value
₹10 per share
Price
₹150 per share
Lot Size
1000 Shares
Total Issue Size
1,340,000 shares (aggregating up to ₹20.10 Cr)
Fresh Issue
1,340,000 shares (aggregating up to ₹20.10 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
3,450,000
Share holding post issue
4,790,000
Market Maker portion
70,000 shares Svcm Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 1.08 |
| Retail Investors | 6.09 |
| Total ** | 3.59 |
Market Maker
1
Non-Institutional Buyers***
1.08
Retail Investors
6.09
Total **
3.59
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Apr 22, 2024 | 0.09 | 1.31 | 0.70 |
| Day 2 Apr 23, 2024 | 0.20 | 2.48 | 1.34 |
| Day 3 Apr 24, 2024 | 0.28 | 3.65 | 1.96 |
| Day 4 Apr 25, 2024 | 1.08 | 6.09 | 3.59 |
DayDay 1
Apr 22, 2024
NII*0.09
Retail1.31
Total0.70
DayDay 2
Apr 23, 2024
NII*0.20
Retail2.48
Total1.34
DayDay 3
Apr 24, 2024
NII*0.28
Retail3.65
Total1.96
DayDay 4
Apr 25, 2024
NII*1.08
Retail6.09
Total3.59
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 30-04-2024 | 150.00 | 0(0.0%) | 150 |
| 29-04-2024 | 150.00 | 0(0.0%) | 150 |
| 28-04-2024 | 150.00 | 0(0.0%) | 150 |
| 27-04-2024 | 150.00 | 0(0.0%) | 150 |
| 26-04-2024 | 150.00 | 0(0.0%) | 150 |
| 25-04-2024 | 150.00 | 0(0.0%) | 150 |
| 24-04-2024 | 150.00 | 0(0.0%) | 150 |
| 23-04-2024 | 150.00 | 0(0.0%) | 150 |
| 22-04-2024 | 150.00 | 0(0.0%) | 150 |
| 21-04-2024 | 150.00 | 0(0.0%) | 150 |
| 20-04-2024 | 150.00 | 0(0.0%) | 150 |
| 19-04-2024 | 150.00 | 0(0.0%) | 150 |
| 18-04-2024 | 150.00 | 0(0.0%) | 150 |
| 17-04-2024 | 150.00 | 0(0.0%) | 150 |
| 16-04-2024 | 150.00 | 0(0.0%) | 150 |
Date30-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date29-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date28-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date27-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date26-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date25-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date24-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date23-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date22-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date21-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date20-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date19-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date18-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date17-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
Date16-04-2024
Price150.00
GMP0(0.0%)
Estimate List Price150
IPO Important Dates
| IPO Open Date | Monday, April 22, 2024 |
| IPO Close Date | Thursday, April 25, 2024 |
| Basis of Allotment | Friday, April 26, 2024 |
| Initiation of Refunds | Monday, April 29, 2024 |
| Credit of Shares to Demat | Monday, April 29, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 25, 2024 |
IPO Open Date
Monday, April 22, 2024
IPO Close Date
Thursday, April 25, 2024
Basis of Allotment
Friday, April 26, 2024
Initiation of Refunds
Monday, April 29, 2024
Credit of Shares to Demat
Monday, April 29, 2024
Listing Date
Tuesday, April 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on April 25, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹150,000 |
| Retail (Max) | 1 | 1000 | ₹150,000 |
| HNI (Min) | 2 | 2,000 | ₹300,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹150,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹150,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹300,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,049.17 | 2,000.55 | 143.78 |
| Revenue | 1,762.49 | 538.03 | 253.13 |
| Profit After Tax | 351.11 | 78.93 | 57.98 |
| Net Worth | 410.56 | 59.45 | -19.47 |
| Reserves and Surplus | 65.56 | 44.45 | -34.47 |
| Total Borrowing | 44.81 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20231,049.17
31 Mar 20232,000.55
31 Mar 2022143.78
Period EndedRevenue
30 Sep 20231,762.49
31 Mar 2023538.03
31 Mar 2022253.13
Period EndedProfit After Tax
30 Sep 2023351.11
31 Mar 202378.93
31 Mar 202257.98
Period EndedNet Worth
30 Sep 2023410.56
31 Mar 202359.45
31 Mar 2022-19.47
Period EndedReserves and Surplus
30 Sep 202365.56
31 Mar 202344.45
31 Mar 2022-34.47
Period EndedTotal Borrowing
30 Sep 2023
31 Mar 2023
31 Mar 202244.81
Key Performance Indicator
| ROE | 85.52% |
| ROCE | 114.57% |
| RoNW | 85.52% |
| P/BV | 12.61 |
| PAT Margin (%) | 19.92 |
| EPS (Rs) | 2.29 |
ROE
85.52%
ROCE
114.57%
RoNW
85.52%
P/BV
12.61
PAT Margin (%)
19.92
EPS (Rs)
2.29
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 70,000 (5.22%) |
| Other Shares Offered | 635,000 (47.39%) |
| Retail Shares Offered | 635,000 (47.39%) |
| Total Shares Offered | 1,340,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
70,000 (5.22%)
Other Shares Offered
635,000 (47.39%)
Retail Shares Offered
635,000 (47.39%)
Total Shares Offered
1,340,000 (100%)
Information about company
Incorporated in July 2005, 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.
Objectives of IPO
The Net Proceeds from the Issue are proposed to be utilized by the company for the following objects:
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.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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