Varyaa Creations
Varyaa Creations Info
Details about the Varyaa Creations IPO. Opening Date of Varyaa Creations is 22 Apr 24 and Closing Date is 25 Apr 24 . Face Value of Each share of Varyaa Creations is ₹10 per share. Fixed price of Varyaa Creations is ₹150. The Lot size of Varyaa Creations is 1,000 shares. Total issue size of Varyaa Creations IPO is ₹20.1 cr. Fresh Issue of Varyaa Creations IPO is 20.1 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of Varyaa Creations is 3,450,000. Share Holding Post Issue of Varyaa Creations is 4,790,000.
Business Summary
Varyaa Creations is engaged in the business of wholesale trading of gold, silver, precious stone, semi-precious stone. Company manufactures its jewellery through job worker located in Mumba
Company's product portfolio includes Necklace, Earring, Tops, Ring, Bracelet, Bangles, Gemstones, Diamonds, Lab Grown diamonds, Pearls and we also make customized jewelleries as per customer’s needs.
Varyaa Creations IPO Details
| Open Date | 22 Apr 24 |
|---|---|
| Close Date | 25 Apr 24 |
| Face Value | ₹10 per shares |
| Price | ₹150 |
| Lot Size | 1,000 Shares |
| Total issue Size | 1,340,000 Shares ₹20.1 cr |
| Fresh Issue | 1,340,000 Shares ₹20.1 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 3,450,000 |
| Share Holding Post Issue | 4,790,000 |
| Market Maker | SVCM Securities |
| Market Maker Portion | 70,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Varyaa Creations IPO Timeline
The Varyaa Creations Initial Public Offering (IPO) is set to open on 22 Apr 24 and will end its subscription phase on 25 Apr 24. You can check your allotment status for Varyaa Creations on 26 Apr 24. The refund process for your funds will start promptly on 29 Apr 24. Varyaa Creations IPO credit of shares will be on 29 Apr 24. The listing date for Varyaa Creations is on 30 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Varyaa Creations IPO Reservation
The Varyaa Creations IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
70,000 Shares will be reserved for subscription by SVCM Securities
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Varyaa Creations IPO Lot Size
Bids can be made for minimum of 1000 shares and in multiple of 1000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 150,000 |
| Retail (Max) | 1 | 1,000 | 150,000 |
| HNI (Min) | 2 | 2,000 | 300,000 |
Varyaa Creations IPO Promoters Holding
Promoters holding details for Varyaa Creations in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 72.02%.
Promoters of Varyaa Creations are Mrs. Pooja Vineet Naheta, Mrs. Sarika Amit Naheta,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 72.02% |
Varyaa Creations Financial Information
Financial performance details for Varyaa Creations over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,049.17 | 2,000.55 | 143.78 | 218.32 |
| Revenue | 1,762.49 | 538.03 | 253.13 | 12.05 |
| Profit After Tax | 351.11 | 78.93 | 57.98 | -13.06 |
Varyaa Creations IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Varyaa Creations are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 65.56 |
| ROCE | 114.57% |
| ROE | 85.52% |
| RoNW | 85.52% |
| EPS (Rs) | 2.29 |
Object of the Issue
- • To finance the establishment of the new showroom
- • Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom
- • Purchase of Inventory
- • General Corporate Purposes
Contact Details for Varyaa Creations
Phone
Office
11, Floor-3rd, Plot 5/1721, Kailash Darshan, Jagannath Shankarseth Marg-Kennedy Bridge, Gamdevi, Grant Road, Mumbai-400007
Registrar Details for Varyaa Creations
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Inventure Merchant Banker Services Pvt Ltd