Support

Varyaa Creations Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

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  
 
Projects
Capital expenditure cost for the proposed new showroom purchase of inventory for the proposed new showroomGeneral corporate purposes
Purchase of inventory
Promoted By
Pooja Vineet Naheta  
Sarika Amit Naheta  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd