Varanium Cloud IPO GMP, Price, Review, Allotment & Analysis – IPO Watch
Written by Lucky Wilson | KJMM.COM on September 9, 2022
Varanium Cloud IPO date is fixed, The IPO will open on September 16 and will close on September 20, 2022. Varanium Cloud is an NSE SME IPO to raise ₹36.60 crores via IPO. The Varanium Cloud IPO price band is fixed at ₹122 with a market lot of 1000 shares.
Varanium Cloud Limited provides cutting-edge digital, technology & internet services in tier two cities. The company provides platforms to enables a positive effect on education, economic growth and employment by accelerating rural townships into a more digital-focused community. The company offer digital audio and video content streaming services to content owners and telecom operators in India and internationally on a SaaS model in B2B and B2C segments.
Varanium Cloud services includes Digital Education, Edge Data Centres, VoIP Services, Public & Corporate WiFi Mesh Services, Cloud Based Cable & IPTV and TUG Digital (eCommerce-as-a-Service – EaaS). Few of their products are Edmission, Hydra Web Solutions, JumpTalk, Online payment facilitation services (Payfac), Cable Cloud, and Infrastructure as a Service (IaaS). You can check Varanium Cloud IPO subscription status and Varanium Cloud IPO allotment status on their respective pages.
Objects of the Issue:
- Setting up 3 Nos. Containerized Edge Data Centres.
- Rollout of 3 Edmission flagship Digital Learning Centres.
- General Corporate Purpose.
Varanium Cloud IPO Review
Date |
GMP |
Kostak | Subject to |
9 September | ₹- | ₹- | ₹- |
Varanium Cloud IPO Date & Price Band
Varanium Cloud IPO Open: | September 16, 2022 |
Varanium Cloud IPO Close: | September 20, 2022 |
Varanium Cloud IPO Size: | Approx ₹36.60 Crores, 3,000,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
Varanium Cloud IPO Price Band: | ₹122 Per Equity Share |
Varanium Cloud IPO Listing on: | NSE SME |
Retail Quota: | 50% |
QIB Quota: | -% |
NII Quota: | 50% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Varanium Cloud IPO Market Lot
The Varanium Cloud IPO minimum market lot is 1000 shares with a ₹122,000 application amount.
Minimum IPO Lot Size: | Minimum 1000 shares for 1 lot |
Minimum Amount: | ₹122,000 for 1 lot |
Varanium Cloud IPO Allotment & Listing Dates
The Varanium Cloud IPO date is September 16 and the IPO close date is September 20. The IPO allotment date is September and the IPO might list on September.
Varanium Cloud IPO Open Date: | September 16, 2022 |
Varanium Cloud IPO Close Date: | September 20, 2022 |
Basis of Allotment: | September, 2022 |
Refunds: | September, 2022 |
Credit to Demat Account: | September, 2022 |
Varanium Cloud IPO Listing Date: | September, 2022 |
Varanium Cloud IPO Form
How to apply Varanium Cloud IPO? You can apply Varanium Cloud IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Varanium Cloud IPO in the Invest section. The other option you can apply Varanium Cloud IPO via IPO forms download via the NSE website. Check out the Varanium Cloud forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Varanium Cloud Company Financial Report
₹ in Crores | |||||
Revenue | Expense | PAT | |||
2020 | ₹0.12 | ₹1.37 | ₹1.48 | ||
2021 | ₹4.20 | ₹0.23 | ₹2.89 | ||
2022 | ₹35.35 | ₹23.31 | ₹8.40 |
Varanium Cloud IPO Valuation – FY2022
Check Varanium Cloud IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹13.23 per Equity Share |
Price/Earning P/E Ratio: | 9.22 |
Return on Net Worth (RoNW): | 55.55% |
Net Asset Value (NAV): | ₹23.81 per Equity Share |
Peer Group
- Info Edge India Limited
- Infibeam Avenues Limited
- Tanla Platforms Limited
- Route Mobile Limited
Company Promoters
- Harshawardhan Hanmant Sabale
Varanium Cloud IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Varanium Cloud IPO Allotment Status
Check Varanium Cloud IPO allotment status on Bigshare website URL. Click Here
Varanium Cloud IPO Lead Managers
- First Overseas Capital Limited
Company Address
Varanium Cloud Limited
Third Floor, Plot No. 244-A RDP 2, CTS 1374/B
Vill, Versova SVP Nagar, Four Bungalows
Mumbai- 400053
Phone: +91 22 2632 5683
Email: [email protected]
Website: https://varanium.cloud/
Varanium Cloud IPO FAQs
What is Varanium Cloud IPO?
Varanium Cloud IPO is an NSE SME IPO. They are going to raise ₹36.60 Crores via IPO. The issue is priced at ₹122 per equity share. The IPO is to be listed on NSE.
When Varanium Cloud IPO will open?
The IPO is to open on September 16, 2022 for NII, and Retail Investors.
What is Varanium Cloud IPO Investors Portion?
The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.
How to Apply the Varanium Cloud IPO?
You can apply Varanium Cloud IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Varanium Cloud IPO through Zerodha?
How to Apply the Varanium Cloud IPO through Upstox?
How to Apply the Varanium Cloud IPO through Paytm Money?
What is Varanium Cloud IPO Size?
Varanium Cloud IPO size is ₹36.60 crores.
What is Varanium Cloud IPO Price Band?
Varanium Cloud IPO Price Band is ₹122 per equity share.
What is Varanium Cloud IPO Minimum and Maximum Lot Size?
The IPO bid is 1000 shares with ₹122,000.
What is Varanium Cloud IPO Allotment Date?
Varanium Cloud IPO allotment date is September, 2022.
What is Varanium Cloud IPO Listing Date?
Varanium Cloud IPO listing date is September, 2022. The IPO to list on NSE SME.
Note: The Varanium Cloud IPO details are announced officially. The IPO grey market premium (Varanium Cloud IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
Follow correct success ipo for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
To know more about latest IPO gmp please visit correctsuccess.com