
Emerging SME Services · BSE
Varyaa Creations Limited started as Kalgi India Private Limited on July 14, 2005. Over the years, it changed its name and structure, officially becoming Varyaa Creations Limited on August 18, 2023, under the Companies Act, 2013. Based in Mumbai, the company initially focused on wholesale trading of gold, silver, and precious stones. Recently, it expanded into jewelry manufacturing and sales, outsourcing production to job workers in Mumbai. Its revenue mainly comes from wholesale trading and jewelry sales, conducted both offline at its registered office and online.
Price Band
₹150
Issue Size
₹20.10 Cr
Lot Size
1000 shares
GMP
Est. Listing
₹150
at current GMP
Subscribed
3.64x
overall
Open
22 Apr 2024
Close
25 Apr 2024
Allotment
26 Apr 2024
Refund
27 Apr 2024
Demat Credit
28 Apr 2024
Listing
30 Apr 2024
Overall Subscription
3.64x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
1.20x
High Net-Worth
Retail (RII)
6.09x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 635,000 | 760,000 | 1.20x |
| RETAIL | 635,000 | 3,864,000 | 6.09x |
| Total | 1,270,000 | 4,624,000 | 3.64x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 469 | 2,856 | 6.09x |
| HNIs (10L +) | 3 | 4 | 1.20x |
| HNIs (2-10L) | 14 | 17 | 1.20x |
| Total Applications | 486 | 2,877 | 5.92x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Varyaa Creations Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹20.1 Crores. The shares are offered at a price band of ₹150 to ₹150 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,50,000 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.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-28, while un-allotted funds or UPI block mandates will be released on 2024-04-27.
Currently, Varyaa Creations Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹150 to ₹150 per equity share.
The retail lot size is 1000 shares requiring a minimum application amount of ₹1,50,000. Expected listing price is ₹150 per equity share.
The Varyaa Creations Limited IPO aggregate issue size is ₹20.1 Crores with an equity price band set at ₹150 to ₹150 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,50,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.64x (Retail: 6.09x, QIB: 0.00x, NII: 1.20x). 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 2024-04-26. Investors can verify status using PAN card or application number.
Varyaa Creations Limited shares are scheduled to list on BSE on 2024-04-30.