IPO

Varyaa Creations Limited IPO

BSE SME

Listed On: Apr 30, 2024 at ₹ 285.0

₹ 150000 /1000 Shares

Check Allotment
Varyaa Creations Limited IPO Details

22 Apr, 2024

Open Date

25 Apr, 2024

Close Date

26 Apr, 2024

Allotment Date

30 Apr, 2024

Listing Date

Issue Price

₹150 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

285.0

Listing Date

2024-04-30

Market Lot

1000 Shares (₹150,000/-)

Lead Manager

Inventure Merchant Banker Services Pvt Ltd

Issue Size

1,340,000 shares(aggregating up to ₹20.10 Cr)

Retail Portion

50%

Subscription

3.64 times

IPO Docs

DRHP RHP


The IPO of Varyaa Creations Limited is priced at ₹150 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Varyaa Creations Limited IPO bid opening date is from Apr 22, 2024 and the bid closing date was Apr 25, 2024.
Varyaa Creations Limited IPO allotment result will be available on Apr 26, 2024. The tentative listing date for Varyaa Creations Limited is Apr 30, 2024.

The total issue size is 1,340,000 shares(aggregating up to ₹20.10 Cr).

Read More

Varyaa Creations Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved635,000635,0001,270,000
Day 1 - 22-04-24 06:00 PM0.09 x1.31 x0.70 x
Day 2 - 23-04-24 06:00 PM0.20 x2.48 x1.34 x
Day 3 - 24-04-24 06:00 PM0.28 x3.65 x1.96 x
Day 4 - 25-04-24 06:00 PM1.20 x6.09 x3.64 x
Total No. of Applications: 4,269 (Approx)

Varyaa Creations Limited Valuations

EPS Pre IPO

₹2.29/-

EPS Post IPO

₹14.66/-

P/E Pre IPO

65.56

P/E Post IPO

10.23

ROE

85.52%

ROCE

114.57%

RoNW

85.52%

PAT Margin

19.92

Price to Book Value

12.61

Varyaa Creations Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets2,000.55143.78218.32
Revenue538.03253.1312.05
Profit After Tax78.9357.98-13.06

About The Company

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.

Read More

Varyaa Creations Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.02%

Company Promoter(s)
  1. Mrs. Pooja Vineet Naheta
  2. Mrs. Sarika Amit Naheta

Varyaa Creations Limited IPO - Issue Objectives

  1. To finance the establishment of the new showroom
  2. Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom
  3. Purchase of Inventory
  4. General Corporate Purposes.

Other Details

Company Contact Details

Varyaa Creations Limited

11, Floor-3rd, Plot 5/1721, Kailash Darshan, Jagannath Shankarseth Marg-Kennedy Bridge, Gamdevi, Grant Road, Mumbai -400007

Phone: +91 9920558483

Email: info@varyaacreations.com

Website: https://varyaacreations.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Varyaa Creations Limited IPO - FAQs

Ans. Varyaa Creations Limited IPO is a SME IPO. The issue is priced at ₹150 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Apr 22, 2024, and closes on Apr 25, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Varyaa Creations Limited IPO opens on Apr 22, 2024 and closes on Apr 25, 2024.

Ans. The size of Varyaa Creations Limited IPO is 1,340,000 shares(aggregating up to ₹20.10 Cr).

Ans. The IPO price band is set between ₹150 per equity share.

Ans. To apply for Varyaa Creations Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Varyaa Creations Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Varyaa Creations Limited IPO is Apr 26, 2024.

Ans. The Varyaa Creations Limited IPO will be listed on Apr 30, 2024.

Ans. Follow the steps to check the allotment status for Varyaa Creations Limited IPO here.