Varyaa Creations Limited IPO
Varyaa Creations Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹150 per share. The stock debuted at ₹285, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,50,000.
Varyaa Creations Limited IPO
- IPO Dates
- Apr 22, 2024 – Apr 25, 2024
- Price band
- ₹150 per equity share
- Minimum Investment
- ₹1,50,000
- Issue size
- ₹20.1 Cr
- Lot size
- 1000
- Allotment Date
- Apr 26, 2024
- Listing
- Apr 30, 2024
- Listing At
- BSE SME
IPO timeline
-
Apr 22, 2024
Open Date
Completed
-
Apr 25, 2024
Close Date
Completed
-
Apr 26, 2024
Allotment Date
Completed
-
Apr 30, 2024
Listing Date
Completed
Varyaa Creations Limited IPO Essentials
Varyaa Creations Limited IPO Details
Varyaa Creations Limited IPO is priced at ₹150 per share with a total issue size of 20.1 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹150 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,340,000 shares(aggregating up to ₹20.10 Cr)
- Total issue size
- 13,40,000 shares
(aggregating up to ₹20.1 crore) - Fresh issue
- 13,40,000 shares
(aggregating up to ₹20.1 crore) - Listing at
- BSE SME
- List price
- 285.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Inventure Merchant Banker Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,50,000 |
| Retail(max) | 1 | 1000 | ₹1,50,000 |
| NII (min) | 2 | 2000 | ₹3,00,000 |
Varyaa Creations Limited IPO Reservation
Varyaa Creations Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,340,000 shares, approximately 47.39% for retail investors, and 5.22% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 70,000 (5.22%) | |
| Retail Shares Offered | 635,000 (47.39%) | |
| Total Shares Offered | 1,340,000 (100%) |
Varyaa Creations Limited IPO Analytics
Varyaa Creations Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Varyaa Creations Limited IPO Subscription Status
Varyaa Creations Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 635,000 | 635,000 | 1,270,000 |
|
Day 1
22-04-24 06:00 PM
|
(0.09) x | 1.31 x | 0.70 x |
|
Day 2
23-04-24 06:00 PM
|
(0.20) x | 2.48 x | 1.34 x |
|
Day 3
24-04-24 06:00 PM
|
(0.28) x | 3.65 x | 1.96 x |
|
Day 4
25-04-24 06:00 PM
|
(1.20) x | 6.09 x | 3.64 x |
Varyaa Creations Limited Valuations
Earnings
- EPS Pre IPO
- ₹2.29/-
- EPS Post IPO
- ₹14.66/-
- P/E Pre IPO
- 65.56
- P/E Post IPO
- 10.23
Returns
- ROE
- 85.52%
- ROCE
- 114.57%
- RoNW
- 85.52%
- PAT Margin
- 19.92
Fundamentals
- Price / Book
- 12.61
Varyaa Creations Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,000.55 | 143.78 | 218.32 |
| Revenue | 538.03 | 253.13 | 12.05 |
| Profit After Tax | 78.93 | 57.98 | -13.06 |
Varyaa Creations Limited Company & Offer Insights
About Varyaa Creations Limited
Varyaa Creations Limited is a wholesale trading company of gold, silver, precious stones, and semi-precious stones. It was incorporated in July 2005.
The products offered are Necklaces, Earrings, Tops, Rings, Bracelets, Bangles, Gemstones, Diamonds, Lab-grown diamonds, and Pearls. The company also designs custom-made jewelry according to the customers' requirements.
The portfolio provides customers with different designs of jewelry for all occasions and price ranges.
As of 31st March 2024, the company has 8 employees working in different departments.
Varyaa Creations Limited Promoter(s)
Mrs. Pooja Vineet Naheta, Mrs. Sarika Amit Naheta are the company's promoters of Varyaa Creations Limited.
Varyaa Creations Limited IPO Issue Objectives
- •
- 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 Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Varyaa Creations Limited | 52.62 | 52.62 | 39.64 | 2.85 | 132.75 | 3.78 | Standalone |
| Pngs Gargi Fashion Jewellery Ltd | 10.2 | 10.2 | 21.38 | 9.44 | 22.78 | 25.26 | Standalone |
| Ashapuri Gold Ornament Ltd | 0.71 | 0.71 | 33.01 | 10.14 | 2.61 | 0.45 | Standalone |
Notes:
- Closing price on April 12, 2024, at BSE and for the Company, it is considered as issue price.
- Based on March 31, 2023 restated financial statements.
Contact Information
Contact Details
Varyaa Creations Limited
+91 9920558483
11, Floor-3rd, Plot 5/1721, Kailash Darshan, Jagannath Shankarseth Marg-Kennedy Bridge, Gamdevi, Grant Road, Mumbai -400007
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Varyaa Creations Limited IPO is a Fixed Priced IPO worth ₹20.1 crore. The issue price is ₹150 per share (fixed price). The IPO opens on Apr 22, 2024 and closes on Apr 25, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Varyaa Creations Limited IPO is ₹150 per share (fixed price).
The lot size of Varyaa Creations Limited IPO is 1000 shares.
The minimum investment for Varyaa Creations Limited IPO is approximately ₹1,50,000 based on the issue price .
Varyaa Creations Limited IPO opens on Apr 22, 2024 and closes on Apr 25, 2024.
The allotment date of Varyaa Creations Limited IPO is Apr 26, 2024.
Varyaa Creations Limited IPO is expected to be listed on Apr 30, 2024, on BSE SME Platform.
Varyaa Creations Limited IPO valuation snapshot: P/E 10.23, EPS ₹14.66/-, P/B 12.61, RoNW 85.52%, and market cap N/A.
To apply for Varyaa Creations Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Varyaa Creations Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Varyaa Creations Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Varyaa Creations Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Varyaa Creations Limited IPO allotment status on IPO Ji for quick and easy access.