Varyaa Creations Limited IPO
- IPO Date22 Apr, 2024 to 25 Apr, 2024
- Listing Date30 Apr, 2024
- Face Value₹10 per share
- Issue Price₹150 to ₹150 per share
- Lot Size1000 Shares
- Minimum Investment₹1,50,000
- Listing AtBSE SME
- Total Issue Size13,40,000 Shares
(aggregating up to ₹20.10 Cr) - Fresh Issue13,40,000 Shares
(aggregating up to ₹20.10 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue34,50,000
- Shareholding post issue47,90,000
IPO Dates
Closing Date
25 Apr, 2024
Initiation of Refunds
29 Apr, 2024
Listing Date
30 Apr, 2024
22 Apr, 2024
Opening Date
26 Apr, 2024
Basis of Allotment
29 Apr, 2024
Credit of Shares
Varyaa Creations Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,50,000 |
| Retail (Max) | 1 | 1000 | ₹1,50,000 |
| HNI (Min) | 2 | 2000 | ₹3,00,000 |
Varyaa Creations Limited Promoter Holding
The promoters of the Company are Mrs. Pooja Vineet Naheta and Mrs. Sarika Amit Naheta
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 72.02% |
Varyaa Creations Limited COMPANY INFORMATION
Varyaa Creations IPO is a fixed price issue of Rs 20.10 crores. The issue is entirely a fresh issue of 13.4 lakh shares. Varyaa Creations IPO opens for subscription on April 22, 2024 and closes on April 25, 2024. The allotment for the Varyaa Creations IPO is expected to be finalized on Friday, April 26, 2024. Varyaa Creations IPO will list on BSE SME with tentative listing date fixed as Tuesday, April 30, 2024. Varyaa Creations IPO price is ₹150 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹150,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹300,000. Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the Varyaa Creations IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Varyaa Creations IPO is Svcm Securities. Refer to Varyaa Creations IPO RHP for detailed information.
Incorporated in July 2005, Varyaa Creations Limited deals in wholesale trading of gold, silver, precious stones, and semi-precious stones.
The product portfolio includes Necklaces, Earrings, Tops, Rings, Bracelets, Bangles, Gemstones, Diamonds, Lab-grown diamonds, and Pearls. We also create custom-made jewellery based on customers' requirements.
The portfolio offers customers various jewellery designs for all occasions and price points.
As of 31st March 2024, the company employs 8 people in various departments.
FAQs About Varyaa Creations Limited Ipo
Varyaa Creations Limited IPO will open on 22 Apr, 2024 and close on 25 Apr, 2024. Investors must apply within this period to participate.
The Varyaa Creations Limited IPO price band is set between ₹150.00 and ₹150.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹150000.00.
The Varyaa Creations Limited IPO shares are expected to be listed on 30 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Varyaa Creations Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Varyaa Creations Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.