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
Live Grey Market Premium
Varmora Granito Limited GMP Today
Last updated: 25 Sept 2026
Current Premium
₹0.5+0.3%
Issue Price (Upper)
₹148
Band: ₹140 – ₹148
Estimated Listing Price
₹148.5
Upper price + GMP
Lot Size
101 shares
Min investment ₹14,948
Estimated Profit / Lot
₹50.5
101 × ₹0.5
Varmora Granito Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹0.5
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹0.5 | 0.3% | ₹148.5 |
| 26 Sep 2026 | +₹0.5 | 0.3% | ₹148.5 |
| 25 Sep 2026 | — | 0.3% | ₹148 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Varmora Granito Limited IPO GMP today?
The latest grey market premium for Varmora Granito Limited IPO is ₹0.5, which indicates an expected listing price of ₹148.5.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.