Historically, Varyaa Creations is engaged within the trade of wholesale buying and selling of gold, silver, worthwhile stones, and semi-precious stones. Apart from the above, from this monetary yr onwards, the corporate additionally intends to concentrate on production and promoting jewellery. Their corporate manufactures its jewellery via process employees positioned in Mumbai.
The main uncooked fabrics used for making their merchandise are gold, worthwhile stones, gem stones, semi-precious stones, silver, and so on. that are additional equipped to the process employees who manufacture the jewellery for us. The process employee manufactures their merchandise as according to the design and trend equipped by way of us. The design in their merchandise is finished in-house. They have no longer entered into any formal contract or settlement with the process employee. They get their merchandise manufactured in keeping with order and and when-needed foundation. They procure gold, silver, gem stones, worthwhile and semi-precious stones majorly in the course of the bullion marketplace and jewellery marketplace sellers positioned in Mumbai. Their jewellery is extensively offered via B2B and B2C platforms. They additionally promote custom designed jewellery to consumers. They be offering their jewellery throughout other value issues to maximise their possible customer base. They undertaking to deal with the completing and high quality in their jewellery by way of making sure managed high quality, well timed supply, and aggressive costs.
Their product portfolio comprises necklaces, earrings, Tops, rings, bracelets, Bangles, Gemstones, Diamonds, Lab Grown diamonds, and Pearls and so they additionally make custom designed jewellery as according to buyer’s wishes. Recognizing the rising call for for ethically sourced diamonds, they have got lately expanded their portfolio to incorporate Lab Grown Diamonds.
Objects of the Issue:
- To finance the established order of latest showroom a) Capital expenditure value for the proposed new showroom and Purchase of Inventory for the proposed new showroom. b) Purchase of Inventory
- General Corporate Purpose
- To meet the bills of the Issue
Varyaa Creations IPO Review
Varyaa Creations IPO Date & Price Band Details
IPO Open: | April 22, 2024 |
IPO Close: | April 25, 2024 |
IPO Size: | Approx ₹20.10 Crores, 1,340,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹150 Per Equity Share |
IPO Listing on: | BSE SME |
Retail Quota: | 50% of the online be offering |
NII Quota: | 50% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Varyaa Creations IPO Market Lot
The Varyaa Creations IPO minimal marketplace lot is 1000 stocks with a ₹150,000 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹150,000 |
Retail Maximum | 1 | 1000 | ₹150,000 |
S-HNI Minimum | 2 | 2000 | ₹300,000 |
Varyaa Creations IPO Dates
The Varyaa Creations IPO date is April 22 and the IPO shut date is April 25. The IPO allotment date is April 26 and the IPO may checklist on April 30.
IPO Open Date: | April 22, 2024 |
IPO Close Date: | April 25, 2024 |
Basis of Allotment: | April 26, 2024 |
Refunds: | April 29, 2024 |
Credit to Demat Account: | April 29, 2024 |
IPO Listing Date: | April 30, 2024 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
Varyaa Creations IPO Form
How to use Varyaa Creations IPO? You can practice Varyaa Creations IPO by way of ASBA to be had to your checking account. Just move to the web financial institution login and practice by way of your checking account by way of deciding on the Varyaa Creations IPO within the Invest phase. The different choice you’ll practice Varyaa Creations IPO by way of IPO bureaucracy obtain by way of the BSE site. Check out the Varyaa Creations bureaucracy – click on BSE IPO Forms obtain, fill and post to your financial institution or together with your dealer.
Varyaa Creations Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹0.12 | ₹0.25 | ₹0.13 |
2022 | ₹2.53 | ₹1.95 | ₹0.58 |
2023 | ₹5.38 | ₹4.28 | ₹0.79 |
Dec 2023 | ₹17.62 | ₹12.93 | ₹3.51 |
Varyaa Creations IPO Valuation – FY2023
Check Varyaa Creations IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹52.62 according to Equity Share |
Price/Earning P/E Ratio: | 2.85 |
Return on Net Worth (RoNW): | 132.75% |
Net Asset Value (NAV): | ₹39.64 according to Equity Share |
Peer Group
- PNGS Gargi Fashion Jewellery Ltd.
- Ashapuri Gold Ornament Ltd.
- Mrs. Pooja Vineet Naheta
- Mrs. Sarika Amit Naheta
Varyaa Creations IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Varyaa Creations IPO Allotment Status
Check Varyaa Creations IPO allotment standing on Bigshare site URL. Click Here
Varyaa Creations IPO Lead Managers aka Merchant Bankers
- Inventure Merchant Bankers Private Limited
Company Address
Varyaa Creations Limited
11, Floor-Third, Plot 5/1721, Kailash Darshan,
Jagannath Shankar Seth Marg, Kennedy Bridge,
Gamdevi, Grant Road, Mumbai- 400007, Maharashtra
Phone: +91 9920558483
Electronic mail: [email protected]
Website: www.varyaacreations.com
Varyaa Creations IPO FAQs
What is Varyaa Creations IPO?
Varyaa Creations IPO is an BSE SME IPO. They are going to carry ₹20.10 Crores by way of IPO. The factor is priced at ₹150 according to fairness proportion. The IPO is to be indexed on BSE.
When Varyaa Creations IPO will open?
What is Varyaa Creations IPO Investors Portion?
How to Apply the Varyaa Creations IPO?
How to Apply the Varyaa Creations IPO via Zerodha?
How to Apply the Varyaa Creations IPO via Upstox?
How to Apply the Varyaa Creations IPO via Paytm Money?
What is Varyaa Creations IPO Size?
What is Varyaa Creations IPO Price Band?
Varyaa Creations IPO Price Band is ₹150 according to fairness proportion.
What is Varyaa Creations IPO Minimum and Maximum Lot Size?
What is Varyaa Creations IPO Allotment Date?
What is Varyaa Creations IPO Listing Date?
Note: The Varyaa Creations IPO main points are introduced formally. The IPO gray marketplace top class (Varyaa Creations IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH