Varyaa Creations IPO description – Incorporated in 2005, Varyaa Creations operates in the wholesale trading of gold, silver, precious stones, and semi-precious stones. Additionally, the company plans to expand into manufacturing and selling jewelry. Varyaa Creations manufactures its jewelry through a job worker located in Mumbai.
Currently, the products are sold exclusively through offline channels. Additionally, the company has been selling its products through its online platform, namely www.baubleberry.com. Its product portfolio includes necklaces, earrings, tops, rings, bracelets, bangles, gemstones, diamonds, lab-grown diamonds, and pearls, and the company also offers customized jewelry to meet customer needs. Recognizing the increasing demand for ethically sourced diamonds, it has recently expanded its portfolio to include lab-grown diamonds.
As of 31 March 2024, the company employed 8 individuals.
Promoters of Varyaa Creations – Mrs. Pooja Vineet Naheta, and Mrs. Sarika Amit Naheta
Table of Contents
Varyaa Creations IPO Details
| Varyaa Creations IPO Dates | 22 – 25 April 2024 |
| Varyaa Creations Issue Price | INR 150 per share |
| Fresh issue | 1,340,000 shares (INR 20.10 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,340,000 shares (INR 20.10 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 150,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Varyaa Creations Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 0.09 | 2.47 | 5.23 | 17.19 |
| Expenses | 0.25 | 1.95 | 4.28 | 12.93 |
| Net income | (0.13) | 0.58 | 0.79 | 3.51 |
Varyaa Creations Offer News
- Varyaa Creations RHP
- Varyaa Creations Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Varyaa Creations Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (8.71) | 38.66 | 52.62 |
| PE ratio | – | – | 2.85 |
| RONW (%) | 16.86 | (297.75) | 132.75 |
| NAV | (51.64) | (12.98) | 39.64 |
| ROCE (%) | (1.24) | 267.65 | 190.12 |
| EBITDA (%) | (19.91) | 26.80 | 21.01 |
| Debt/Equity | (3.66) | (2.30) | – |
Varyaa Creations IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Varyaa Creations IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 635,000 | 635,000 | 1,270,000 |
| 25 Apr 2024 | 1.20 | 6.09 | 3.64 |
| 24 Apr 2024 | 0.39 | 3.65 | 2.02 |
| 23 Apr 2024 | 0.32 | 2.48 | 1.40 |
| 22 Apr 2024 | 0.09 | 1.31 | 0.70 |
The market maker reservation portion of 70,000 shares is not included in the above calculations.
Varyaa Creations IPO Allotment Status
Varyaa Creations IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Varyaa Creations IPO Dates & Listing Performance
| IPO Opening Date | 22 April 2024 |
| IPO Closing Date | 25 April 2024 |
| Finalization of Basis of Allotment | 26 April 2024 |
| Initiation of refunds | 26 April 2024 |
| Transfer of shares to demat accounts | 29 April 2024 |
| IPO Listing Date | 30 April 2024 |
| Opening Price on BSE SME | INR 285 per share (up 90%) |
| Closing Price on BSE SME | INR 270.75 per share (up 80.50%) |
Varyaa Creations Offer Lead Manager
INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069
Phone:+91 22 4075 1500
Email:Â [email protected]
Website:Â www.inventuremerchantbanker.com
Varyaa Creations Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Varyaa Creations Offer Contact Details
VARYAA CREATIONS LIMITED
11, Floor-3rd, Plot 5/1721, Kailash Darshan,
Jagannath Shankar Seth Marg, Kennedy Bridge,
Gamdevi, Grant Road, Mumbai- 400007, Maharashtra
Phone: +91 9920558483
E-mail: [email protected]
Website: www.varyaacreations.com
IPO FAQs
What is the Varyaa Creations offer size?
Varyaa Creations offer size is INR 20.10 crores.
What is the Varyaa Creations offer price band?
Varyaa Creations public offer price is INR 150 per share.
What is the lot size of the Varyaa Creations IPO?
Varyaa Creations offer a lot size is 1,000 shares.
What is Varyaa Creations IPO GMP today?
Varyaa Creations IPO GMP today is INR NA per share.
What is the Varyaa Creations kostak rate today?
Varyaa Creations kostak rate today is INR NA per application.
What is Varyaa Creations Subject to the Sauda rate today?
Varyaa Creations is Subject to the Sauda rate today is INR NA per application.
