Varanium Cloud IPO description – The company is incorporated in Dec 2017, it is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services. The Company operates in the following key verticals:
- Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments;
- Online payment facilitation services (PayFac);
- Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under the Edmission brand;
- Provision of information technology-related services to startups and SMEs to help them transition their business to digital platforms and manage the relevant infrastructure on an IaaS (Infrastructure As A Service) model.
Varanium Cloud Product Offerings
- Edmission: Edmission is a phy-gital (Physical and Digital) platform for educators and learners to come together online. It helps institutions in running digital classes. The platform has a video conferencing solution to support up to 1 million students and 2,000 teachers simultaneously.
- JumpTalk: JumpTalk provides a cloud platform for video and audio conferencing, webinars, chats, and file transfers.
- Online payment facilitation services (Payfac): Payfac provides aggregated payment gateway services to non-urban consumers.
- Infrastructure as a Service (IaaS): Services including Hydra Web Solutions, Corporate & Public WiFi Mesh Services, and eCommerce-as-a-Service (EaaS).
Promoters of Varanium Cloud Limited – Mr. Harshawardhan Hanmant Sabale
Varanium Cloud IPO Details
| Subscription Dates | 16 – 20 September 2022 |
| Price Band | INR 122 per share |
| Fresh issue | 30,00,000 shares (INR 36.60Â crore) |
| Offer For Sale | NIL |
| Total IPO size | 30,00,000 shares (INR 36.60Â crore) |
| Minimum bid (lot size) | 1,000Â share (INR1,22,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Varanium Cloud Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 12.44 | 419.51 | 3,535.21 |
| Expenses | 136.92 | 23.54 | 2,330.61 |
| Net income | (148.9) | 141.56 | 840.19 |
Varanium Cloud Offer News
Varanium Cloud Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | (5.13) | 4.88 | 13.23 |
| PE ratio | – | – | 9.22 |
| RONW (%) | 80.17 | 43.25 | 55.55 |
| NAV | – | – | 23.81 |
| Debt/Equity ratio | – | – | 0.02 |
| ROCE (%) | – | – | – |
Varanium Cloud IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 26 Sep 2022 | 4 | – | – |
| 24 Sep 2022 | 6 | – | 15,000 |
| 23 Sep 2022 | 8 | – | 15,000 |
| 22 Sep 2022 | 8 | – | 15,000 |
| 21 Sep 2022 | 10 | – | 20,000 |
| 20 Sep 2022 | 15 | – | 20,000 |
| 19 Sep 2022 | 15 | – | 20,000 |
| 17 Sep 2022 | 12 | – | 18,000 |
| 16 Sep 2022 | 15 | – | 20,000 |
| 15 Sep 2022 | 15 | – | 20,000 |
Varanium Cloud IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 15,00,000 | 15,00,000 | 30,00,000 |
| Day 1 | 0.05 | 0.29 | 0.17 |
| Day 2 | 0.67 | 1.54 | 1.10 |
| Day 3 | 4.89 | 4.26 | 4.58 |
Varanium Cloud IPO Lead Manager
First Overseas Capital Limited
1-2 Bhupen Chambers, Dalal Street,
Fountain, Mumbai – 400 001,
Maharashtra, India
Phone:Â +91 22 4050 9999
Email:Â [email protected]
Website:Â www.focl.in
Varanium Cloud Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
Varanium Cloud IPO Contact Details
VARANIUM CLOUD LIMITED
Third Floor, Plot No. 244-A
RDP 2, CTS 1374/B Vill. Versova SVP Nagar,
Four Bungalows Mumbai- 400053,
Maharashtra, India
Phone: +91 8976 829 903
Email: [email protected]
Website: https://vrnm.com
Varanium Cloud IPO Allotment Status
Varanium Cloud IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.
Varanium Cloud IPO Timetable
| IPO Opening Date | 16 September 2022 |
| IPO Closing Date | 20 September 2022 |
| Finalisation of Basis of Allotment | 23 September 2022 |
| Initiation of refunds | 26 September 2022 |
| Transfer of shares to demat accounts | 27 September 2022 |
| Listing Date | 27 September 2022 |
| Opening Price on NSE Emerge | INR 131 per share (up 7.38%) |
| Closing Price on NSE Emerge | Coming soon |
Varanium Cloud IPO FAQs
What is Varanium Cloud offer size?
Varanium Cloud offer size is INR 36.60Â crore.
What is Varanium Cloud IPO Price Band?
Varanium Cloud public offer price is INR 122 per share.
What is the lot size of Varanium Cloud IPO?
Varanium Cloud offer lot size is 1,000 shares.
What is Varanium Cloud IPO GMP today?
Varanium Cloud IPO GMP today is INR 4 per share.
What is Varanium Cloud kostak rate today?
Varanium Cloud kostak rate today is NA per application.
What is Varanium Cloud Subject to Sauda rate today?
Varanium Cloud Subject to Sauda rate today is NA per application.
