SEARCH
Quotes News NAV
IPO Synopsis IPO   > IPO Synopsis
As on : May 05,2024 04:06 AM
Varyaa Creations Ltd
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 :    
Website :  
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 (Rs) 0.00
Minimum Application for shares in Nos : 1000   Further Multiples of : 1000
  Lead Managers to the Issue
Project Cost (Rs.Cr) 19.50 First Overseas Capital Ltd
Project Financed through Current Offer (Rs.Cr) 20.10  
Post Issue Equity Share Capital (Rs.Cr) 4.79  
Issue Price (Rs) 150.00  
Projects
Capital expenditure cost for the proposed new showroom purchase of inventory for the proposed new showroom Purchase of inventory
General corporate purposes
Promoted By
Pooja Vineet Naheta
Sarika Amit Naheta
Listing At
BSE - SME
Registrar to the Issue
No Data Available