
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
Overall Subscription
5.46x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,500,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 450,000 | — | 0.00x |
| Retail Individual (RII) | 1,050,000 | — | 0.00x |
| Total | 3,000,000 | 0 | 5.46x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,050 | 5,733 | 5.46x |
| HNIs (10L +) | 7 | 38 | 5.43x |
| HNIs (2-10L) | 32 | 175 | 5.47x |
| Total Applications | 1,089 | 5,946 | 5.46x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Varanium Cloud Limited IPO is ₹1 per equity share. Based on the upper price band of ₹122 to ₹122 per equity share, the estimated listing price is ₹123 (+0.8% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹1, the expected profit per application lot is approx ₹1,000 (+0.8% gain). Minimum application cost is approx ₹1,22,000.
The Varanium Cloud Limited IPO aggregate issue size is ₹36.6 Crores with an equity price band set at ₹122 to ₹122 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,22,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 5.46x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-09-23. Investors can verify status using PAN card or application number.
Varanium Cloud Limited shares are scheduled to list on NSE on 2022-09-28.