Varmora Granito IPO is to open on September 22, 2026. It is a Mainboard IPO that will raise ₹708.02 crores. The Varmora Granito IPO price band is fixed at ₹140 to ₹148 with a market lot of 101 Shares.
Varmora Granito IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain | Last Updated |
| 29 September | ₹1 | 🔴 | 0.68% | 09:30 |
| 28 September | ₹0 | – | -% | 03:54 |
| 26 September | ₹0 | – | -% | 10:00 |
| 25 September | ₹0 | – | -% | 09:38 |
| 24 September | ₹0 | – | -% | 18:06 |
| 23 September | ₹0 | – | -% | 15:38 |
| 22 September | ₹5 | 🔴 | 3.38% | 09:34 |
| 21 September | ₹10 | 🔴 | 6.76% | 16:08 |
| 19 September | ₹15 | 🟢 | 10.14% | 17:10 |
| 18 September | ₹10 | 🟢 | 6.76% | 18:06 |
| 17 September | ₹- | – | -% | 17:41 |
Varmora Granito IPO Details
| IPO Open Date | September 22, 2026 |
| IPO Close Date | September 24, 2026 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹140 to ₹148 Per Share |
| Issue Size | Approx ₹708.02 Crores |
| Fresh Issue | Approx ₹320 Crores |
| Offer for Sale: | Approx 2,62,17,634 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Varmora Granito IPO Dates
| IPO Open Date: | September 22, 2026 |
| IPO Close Date: | September 24, 2026 |
| Basis of Allotment: | September 25, 2026 |
| Refunds: | September 28, 2026 |
| Credit to Demat Account: | September 28, 2026 |
| IPO Listing Date: | September 29, 2026 |
Business Overview
Varmora Granito, founded in 2003, is one of the leading manufacturers of ceramic and vitrified tiles. Its product portfolio consists of a diverse range of tiles across various formats such as glazed vitrified tiles (GVT), polished vitrified tiles (PVT), and ceramic tiles. The firm operates its business through a multi-channel network that consists of B2C and B2B models. Its product portfolio consists of over 3500 products.
In the B2C network, the firm sells its products through 286 exclusive brand outlets (EBOs) and over 2,000 multi-brand outlets (MBOs), while in B2B, the firm directly sells its products to Builders, contractors, developers, and government procurement. Moreover, the company has sold its products in 949 cities across 27 states and union territories in India. Furthermore, Varmora Granito operates 9 manufacturing facilities in the Morbi industrial cluster in Gujarat.
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4 Responses
Ipo alloted .what is expected ipo listing price
100 rupees
0rs ….. prey for not loss
That is the mensation for the following the