ISSUE OPEN
Varyaa Creations Ltd.
Min Investment
₹150000
Subscribed Times
4x
Issues size
₹20 Crores
Price Range
₹150 - ₹150
Open on
22 Apr'24
Close on
25 Apr'24

Application Details

Lot Size
1000
Issue Size
₹20 Crores
Issue Type
Book Building

IPO Timeline

22
Apr'24
Issue Open
25
Apr'24
Issue Close
26
Apr'24
Finalization of Basis of Allotment
29
Apr'24
Initiation of refund
29
Apr'24
Transfer of shares to Demat Account
30
Apr'24
Listing Date

Shares Offered

Qualified Inst. Buyers
0.00
Non Inst. Buyers
50.00
Retails Ind. Buyers
50.00

Subscription Status 

(as of 06 May 2024)
Overall Status3.52x
Qualified Inst. Buyers
0.00x
Non Inst. Buyers
1.13x
Retails Ind. Buyers
6.19x

Objects of the offer

1. To finance the establishment of new showroom
a) Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom
b) Purchase of Inventory

2. General Corporate Purpose

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Rajesh Exports Ltd.339689.511432.2848.516.38
Titan Company Ltd.51084349639.3889.78
Gitanjali Gems Ltd.16570.69167.7114.140.07
Kalyan Jewellers India Ltd.14071.45433.14.296.76
Sagar Diamonds Ltd.5474.9920.0715.872.09
Asian Star Company Ltd.4478.2582.6451.6315.98
Senco Gold Ltd.4077.4158.4820.445.32
Thangamayil Jewellery Ltd.3152.5579.7429.0644.19
PC Jeweller Ltd.2472.68-203.2-4.37-11.94
Tribhovandas Bhimji Zaveri Ltd.2393.6340.196.0220.32

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Guide to IPO Investment

Company Contact Info

11, Floor-3rd, Plot 5/1721, Kailash Darshan, Jagannath Shankarset
11, Floor-3rd, Plot 5/1721, Kailash Darshan, Jagannath ShankarsetMumbai,Maharashtra-400007
Phone : 9920558483

Book Running Managers

Inventure Merchant Banker Services Pvt. Ltd.

Registrar & Transfer Agent

Bigshare Services Private Limited.
S6-2, 6th Floor, Pinnacle Business Park,Mahakali Caves Road, Next to Ahura Centre,Andheri East,Mumbai,Maharashtra-400093
Phone : 62638200
Fax :/

Offer Related Information

Initial public offering of up to 1340000 equity shares of face value of Rs.10.00 each (Equity Shares) of Varyaa Creations Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.150.00 per equity share (including a premium of Rs.140.00 per equity share) ("Offer Price")
aggregating up to Rs.201000000 crores.
Offer Price: Rs.150.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 1000 equity shares and in multiples of 1000 equity shares thereafter
Single-click UPI-based IPO application
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