Varyaa Creations IPO GMP, Review, Price, Allotment

0

Last updated on April 30, 2024

Varyaa Creations IPO GMP

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.

Varyaa Creations

Promoters of Varyaa Creations – Mrs. Pooja Vineet Naheta, and Mrs. Sarika Amit Naheta


Varyaa Creations IPO Details

Varyaa Creations IPO Dates22 – 25 April 2024
Varyaa Creations Issue PriceINR 150 per share
Fresh issue1,340,000 shares (INR 20.10 crore)
Offer For SaleNIL
Total IPO size1,340,000 shares (INR 20.10 crore)
Minimum bid (lot size)1,000 shares (INR 150,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Varyaa Creations Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Revenue0.092.475.2317.19
Expenses0.251.954.2812.93
Net income(0.13)0.580.793.51
Figures in INR Crores unless specified otherwise

Varyaa Creations Offer News


Varyaa Creations Valuations & Margins

FY 2021FY 2022FY 2023
EPS(8.71)38.6652.62
PE ratio2.85
RONW (%)16.86(297.75)132.75
NAV(51.64)(12.98)39.64
ROCE (%)(1.24)267.65190.12
EBITDA (%)(19.91)26.8021.01
Debt/Equity (3.66)(2.30)
*Compiled by IPO Central from Prospectus

Varyaa Creations IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon

Varyaa Creations IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered635,000635,0001,270,000
25 Apr 20241.206.093.64
24 Apr 20240.393.652.02
23 Apr 20240.322.481.40
22 Apr 20240.091.310.70

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 Date22 April 2024
IPO Closing Date25 April 2024
Finalization of Basis of Allotment26 April 2024
Initiation of refunds26 April 2024
Transfer of shares to demat accounts29 April 2024
IPO Listing Date30 April 2024
Opening Price on BSE SMEINR 285 per share (up 90%)
Closing Price on BSE SMEINR 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[email protected]
Website: 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: +91 22 6263 8200
Email:  [email protected]
Website: 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here