
Information 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
+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
Designated Registrar: Bigshare Services Private Limited
Allotment Date
23 Sep 2022
Basis finalization
Refunds Initiate
24 Sep 2022
Mandate release
Demat Credit
25 Sep 2022
Shares in demat
Listing Debut
28 Sep 2022
Trading begins
Varanium Cloud Limited is bringing an initial public offering (IPO) in the Information Technology / Cloud Services sector with an aggregate issue size of ₹36.6 Crores. The shares are offered at a price band of ₹122 to ₹122 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-09-20, the basis of allotment is scheduled to be finalized on 2022-09-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.