Varmora Granito Limited
ClosedMainboardBuilding Materials / Ceramics · NSE / BSE
Varmora Granito Limited, incorporated in 2003, is a leading manufacturer and marketer of ceramic and vitrified tiles, offering a wide range of products including glazed vitrified tiles (GVT), polished vitrified tiles (PVT), and ceramic tiles across over 3,500 SKUs. The company operates through a strong multi-channel distribution network comprising B2C channels like exclusive brand outlets and multi-brand stores, as well as B2B channels serving builders, contractors, and government projects, with a presence across 949 cities in India. It has nine manufacturing facilities located in the Morbi ceramic hub in Gujarat, enabling large-scale production and efficiency. Along with a strong domestic footprint, the company exports to over 100 countries, supported by a dedicated export team, making it a well-diversified player in the tiles industry with both domestic and global reach.
Price Band
₹140 – ₹148
Issue Size
₹4783.89 L Cr
Lot Size
101 shares
GMP
₹0.5
+0.3%
Est. Listing
₹148.5
at current GMP
Subscribed
1.60x
overall
Open
22 Sep 2026
Close
24 Sep 2026
Allotment
25 Sep 2026
Refund
26 Sep 2026
Demat Credit
27 Sep 2026
Listing
29 Sep 2026
Last updated 2 days ago
Official Registrar Verification
Varmora Granito Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
25 Sep 2026
Basis finalization
Refunds Initiate
26 Sep 2026
Mandate release
Demat Credit
27 Sep 2026
Shares in demat
Listing Debut
29 Sep 2026
Trading begins
How to Check Varmora Granito Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Varmora Granito Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Varmora Granito Limited Public Issue & Market Profile
Varmora Granito Limited is bringing an initial public offering (IPO) in the Building Materials / Ceramics sector with an aggregate issue size of ₹4,78,38,855 Crores. The shares are offered at a price band of ₹140 to ₹148 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 101 shares (approx. ₹14,948 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-27, while un-allotted funds or UPI block mandates will be released on 2026-09-26.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
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.
How will I receive the refund if I don't get allotment?
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.