Contents
- 1 Table of Contents
- 2 Varyaa Creations IPO Details
- 3 Varyaa Creations IPO Dates
- 4 Varyaa Creations IPO Lot Size
- 5 Varyaa Creations IPO Promoter Holding
- 6 Know the Varyaa Creations Limited
- 7 Varyaa Creations Limited Financial Overview
- 8 Key Performance Indicator (KPI)
- 9 Varyaa Creations Limited Contact
- 10 Varyaa Creations Limited IPO Registrar
- 11 Varyaa Creations IPO Lead Manager
- 12 Varyaa Creations IPO GMP (Gray Market Premium) Today and Day by Day
- 13 Subscription Status
- 14 Varyaa Creations IPO Review
- 15 FAQs for Varyaa Creations IPO
- 15.1 What is the size of the Varyaa Creations IPO?
- 15.2 When does the subscription window for Varyaa Creations IPO open and close?
- 15.3 What is the IPO price of Varyaa Creations?
- 15.4 What is the minimum lot size for an application in Varyaa Creations IPO?
- 15.5 Who are the promoters of Varyaa Creations Limited?
Varyaa Creations is set to launch its IPO, aiming to raise Rs 2010 lakh through a fresh issue of 13.4 lakh shares. The subscription window opens on April 22, 2024, and closes on April 25, 2024, with allotment expected to be finalized by April 26, 2024. The company plans to list on the BSE SME on April 30, 2024, with an IPO price of ₹150 per share.
Investors should note that the minimum lot size for an application is 1000 shares, requiring a minimum investment of ₹150,000 for retail investors and ₹300,000 for HNIs, who need to apply for 2 lots (2,000 shares).
Table of Contents
Varyaa Creations IPO Details
| Varyaa Creations IPO (Varyaa Creations Limited IPO) BSE SME | |
| IPO Open | April 22, 2024 |
| IPO Close | April 25, 2024 |
| IPO Size | 13.4 lakh shares |
| Face Value | ₹10 per share |
| IPO Price | ₹150 per share |
| IPO Listing on | BSE SME |
| Lot Size | 1000 shares |
| OFS | NA |
| Retail Quota | 50% |
| NII Quota | 50% |
| QIB Quota | |
Varyaa Creations IPO Dates
- IPO Open Date: Monday, April 22, 2024
- IPO Close Date: Thursday, April 25, 2024
- IPO Allotment: Friday, April 26, 2024
- Initiation of Refunds: Monday, April 29, 2024
- Credit in Demat: Monday, April 29, 2024
- Listing Date: Tuesday, April 30, 2024
- UPI mandate confirmation: 5 PM on April 25, 2024
Varyaa Creations IPO Lot Size
| Applicants | Lot Size | Share | Amount |
| Retails | 1 lot mini & max 1 lot | 1000 | ₹150000 |
| HNI | 2 lots mini | 2000 | ₹300000 |
Varyaa Creations IPO Promoter Holding
Varyaa Creations Limite’s promoters are MRS. POOJA VINEET NAHETA AND MRS. SARIKA AMIT NAHETA holds 100% of the share (Pre-issue) and after post-issue shareholding 72%.
Know the Varyaa Creations Limited
Varyaa Creations Limited, formerly Kalgi India Private Limited, was established on July 14, 2005. The company specializes in wholesale trading of gold, silver, precious and semi-precious stones.
Their product range includes necklaces, earrings, tops, rings, bracelets, bangles, gemstones, lab-grown diamonds, and pearls. We also offer custom-made jewellery based on customers’ requirements.
Varyaa Creations Limited does business on B2B and B2C stapes. The company employee no is 8.
Varyaa Creations Limited Financial Overview
| Particulars | For the Period / Year ended on (₹ in Lakhs) | |||
| 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | |
| Liabilities | 1049.17 | 2,000.55 | 143.78 | 218.32 |
| Assets | 1049.17 | 2,000.55 | 143.78 | 218.32 |
| Revenue | 1762.49 | 538.03 | 253.13 | 12.05 |
| Expenses | 1293.30 | 427.53 | 195.14 | 25.12 |
| Profit After Tax (PAT) | 351.11 | 78.93 | 57.98 | -13.06 |
| Total Debt | NIL | NIL | 43.58 | 282.28 |
Key Performance Indicator (KPI)
KPI on 31 March 2023
| Particulars | 31 March 2023 |
| Revenue from Operations (Rs. in Lakhs) | 1718.99 |
| Total Income (Rs. in Lakhs) | 1762.49 |
| EBITDA margin (%) | 26.63% |
| PAT margin (%) | 19.92% |
| ROE (%) | 85.52% |
| ROCE (%) | 114.57% |
| EPS | 10.18 |
Varyaa Creations Limited Contact
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/
Varyaa Creations Limited IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Varyaa Creations IPO Lead Manager
Inventure Merchant Banker Services Pvt Ltd is the lead manager of Varyaa Creations IPO.
Varyaa Creations IPO GMP (Gray Market Premium) Today and Day by Day
GMP is not available right now.
| Day | IPO Price | IPO GMP | Estimate Listing Price | Update Date |
| Day 1 | ₹150 | ₹0 | ₹150 | 21/04/2024 |
| Day 2 | ₹150 | ₹0 | ₹150 | 22/04/2024 |
Subscription Status
Varyaa Creations IPO total subscription is 0.70 times.
| Date | Retail | HNI | Total |
| Day 1 | 1.31 | 0.09 | 0.70 |
| Update Soon | Update Soon | Update Soon | Update Soon |
Varyaa Creations IPO Review
Looking at Varyaa Creations Limited’s financial overview, there are some positive trends. The company has shown significant growth in revenue over the past few years, with a substantial increase from ₹12.05 lakhs in 2021 to ₹1762.49 lakhs in 2023. Additionally, their profitability has improved, as evidenced by the rising profit after tax (PAT) from ₹-13.06 lakhs in 2021 to ₹351.11 lakhs in 2023.
Furthermore, it’s noteworthy that the company has no outstanding debt as of the latest reporting period, which indicates a healthy financial position.
Key performance indicators (KPIs) also reflect positively on the company’s performance. The EBITDA margin of 26.63% and PAT margin of 19.92% demonstrate efficient operational management and profitability. Moreover, high returns on equity (ROE) and returns on capital employed (ROCE) at 85.52% and 114.57% respectively, indicate effective utilization of shareholders’ funds and overall capital.
Disclaimer: The information provided here is for educational and informational purposes only. It should not be considered as financial or investment advice. Investing in IPOs involves risks, including the risk of loss of investment. Investors are advised to conduct thorough research and seek professional advice before making any investment decisions.
FAQs for Varyaa Creations IPO
What is the size of the Varyaa Creations IPO?
The Varyaa Creations IPO aims to raise Rs 2010 lakh through a fresh issue of 13.4 lakh shares.
When does the subscription window for Varyaa Creations IPO open and close?
The subscription window opens on April 22, 2024, and closes on April 25, 2024.
What is the IPO price of Varyaa Creations?
The IPO price of Varyaa Creations is ₹150 per share.
What is the minimum lot size for an application in Varyaa Creations IPO?
The minimum lot size is 1000 shares, requiring a minimum investment of ₹150,000 for retail investors and ₹300,000 for HNIs.
Who are the promoters of Varyaa Creations Limited?
The promoters of Varyaa Creations Limited are MRS. POOJA VINEET NAHETA AND MRS. SARIKA AMIT NAHETA, holding 100% of the shares (Pre-issue) and 72% post-issue.
