Varanium Cloud Limited
ListedSMEInformation Technology / Cloud Services · NSE
Varanium Cloud Limited, incorporated in December 2017, is a technology company providing digital audio, video, and financial blockchain-based streaming services. The company operates across multiple business verticals, including digital audio and video content streaming on a SaaS model for content owners and telecom operators (VoIP) in B2B and B2C segments, online payment facilitation services (PayFac), EdTech platforms for low-bandwidth digital education with Learning Management Systems under the Edmission brand, and IT services for startups and SMEs to transition to digital infrastructure on an IaaS model. Its product offerings include Edmission, a phy-gital platform supporting up to 1 million students and 2,000 teachers simultaneously; JumpTalk, a cloud platform for video/audio conferencing, webinars, chats, and file transfers; PayFac, which provides aggregated payment gateway services to non-urban consumers; and IaaS services including Hydra Web Solutions, Corporate & Public WiFi Mesh Services, and eCommerce-as-a-Service (EaaS).
Price Band
₹122
Issue Size
₹36.60 Cr
Lot Size
1000 shares
GMP
₹1
+0.8%
Est. Listing
₹123
at current GMP
Subscribed
5.46x
overall
Open
16 Sep 2022
Close
20 Sep 2022
Allotment
23 Sep 2022
Refund
24 Sep 2022
Demat Credit
25 Sep 2022
Listing
28 Sep 2022
Last updated 12 days ago
Key Highlights
- •Leading player in the Information Technology / Cloud Services segment
- •Price band established at ₹122 - ₹122 per equity share
- •Minimum bid lot is 1000 shares
- •Estimated listing target of ₹123 based on current grey market activity