Varyaa Creations Ltd IPO |
Registered Office:
11 Flr 3rd-Plot 5/1721 Kailash,Darshan Ken.Brdg Gamdevi Gr.Rd
,
Mumbai
-
400007
,
Maharashtra
, India.
Phone :
+91 99205 58483 Fax:
Email : info@varyaacreations.com
Website : www.varyaacreations.com
|
Initial public issue of up to 13,40,000 equity shares of (Rs)10.00 each ("Equity Shares") of Varyaa Creations Limited ("Varyaa Creations" or the "Company") for cash at a price of (Rs)150.00/- per equity share (including a share premuim of (Rs)140/- per share) (the "Issue Price"), aggregating to (Rs)20.10 crores ("The Issue"), out of which 70,000 equity shares aggregating to (Rs)1.05 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 12,70,000 equity shares of face value of (Rs)10.00 each at an issue price of (Rs)150.00/- per equity share aggregating to (Rs)19.05 crores is hereinafter referred to as the "Net Issue". The issue and the net offer will constitute 27.97% and 26.51%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10.00 each and the issue price of (Rs)150.00 is 15.00 times of the face value.
|
Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
22-Apr-24 |
25-Apr-24 |
(Rs)150.00-0.00 |
(Rs)0.00-0.00 |
Minimum Application for shares in Nos :1000 Further Multiples of :1000 |
|
(Rs Cr) |
Lead Managers to the Issue |
Project Cost |
19.50 |
First Overseas Capital Ltd |
|
Project Financed through Current Offer |
20.10 |
|
Post Issue Equity Share Capital |
4.79 |
|
Issue Price |
(Rs)150.00 |
|
|