Varyaa Creations IPO Date, Review, Price, Allotment Details

Varyaa Creations IPO Details: Varyaa Creations IPO date is fixed, The IPO will open on April 22 and will close on April 25. Varyaa Creations is a BSE SME IPO to raise ₹20.10 crores via IPO. The Varyaa Creations IPO price band is fixed at ₹150 with a market lot of 1000 shares.

varyaa-creations-ipo

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Historically, Varyaa Creations is engaged in the business of wholesale trading of gold, silver, precious stones, and semi-precious stones. Apart from the above, from this financial year onwards, the company also intends to focus on manufacturing and selling jewelry. Their company manufactures its jewelry through job workers located in Mumbai.


The major raw materials used for making their products are gold, precious stones, gemstones, semi-precious stones, silver, etc. which are further provided to the job workers who manufacture the jewelry for us. The job worker manufactures their products as per the design and pattern provided by us. The design of their products is done in-house. They have not entered into any formal contract or agreement with the job worker. They get their products manufactured based on order and and when-needed basis. They procure gold, silver, gemstones, precious and semi-precious stones majorly through the bullion market and jewelry market dealers located in Mumbai. Their jewelry is widely sold through B2B and B2C platforms. They also sell customized jewelry to customers. They offer their jewelry across different price points to maximize their potential customer base. They endeavor to maintain the finishing and quality of their jewelry by ensuring controlled quality, timely delivery, and competitive prices.

Their product portfolio includes necklaces, earrings, Tops, rings, bracelets, Bangles, Gemstones, Diamonds, Lab Grown diamonds, and Pearls and they also make customized jewelry as per customer’s needs. Recognizing the growing demand for ethically sourced diamonds, they have recently expanded their portfolio to include Lab Grown Diamonds.


Objects of the Issue:

  • To finance the establishment of new showroom a) Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom. b) Purchase of Inventory
  • General Corporate Purpose
  • To meet the expenses of the Issue

Varyaa Creations IPO Review

  • Avoid

Varyaa Creations IPO Date & Price Band Details

IPO Open:April 22, 2024
IPO Close:April 25, 2024
IPO Size:Approx ₹20.10 Crores, 1,340,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹150 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Varyaa Creations IPO Market Lot

The Varyaa Creations IPO minimum market lot is 1000 shares with a ₹150,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹150,000
Retail Maximum11000₹150,000
S-HNI Minimum22000₹300,000

Varyaa Creations IPO Dates

The Varyaa Creations IPO date is April 22 and the IPO close date is April 25. The IPO allotment date is April 26 and the IPO might list on April 30.

IPO Open Date:April 22, 2024
IPO Close Date:April 25, 2024
Basis of Allotment:April 26, 2024
Refunds:April 29, 2024
Credit to Demat Account:April 29, 2024
IPO Listing Date:April 30, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Varyaa Creations IPO Form

How to apply Varyaa Creations IPO? You can apply Varyaa Creations IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Varyaa Creations IPO in the Invest section. The other option you can apply Varyaa Creations IPO via IPO forms download via the BSE website. Check out the Varyaa Creations forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


Varyaa Creations Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹0.12₹0.25₹0.13
2022₹2.53₹1.95₹0.58
2023₹5.38₹4.28₹0.79
Dec 2023₹17.62₹12.93₹3.51

Varyaa Creations IPO Valuation – FY2023

Check Varyaa Creations 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):₹52.62 per Equity Share
Price/Earning P/E Ratio:2.85
Return on Net Worth (RoNW):132.75%
Net Asset Value (NAV):₹39.64 per Equity Share

Peer Group

  • PNGS Gargi Fashion Jewellery Ltd.
  • Ashapuri Gold Ornament Ltd.

Company Promoters

  • Mrs. Pooja Vineet Naheta
  • Mrs. Sarika Amit Naheta

Varyaa Creations IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

Varyaa Creations IPO Allotment Status

Check Varyaa Creations IPO allotment status on Bigshare website URL. Click Here

Varyaa Creations IPO Lead Managers aka Merchant Bankers

  • Inventure Merchant Bankers Private Limited

Company Address

Varyaa Creations Limited
11, Floor-3rd, Plot 5/1721, Kailash Darshan,
Jagannath Shankar Seth Marg, Kennedy Bridge,
Gamdevi, Grant Road, Mumbai- 400007, Maharashtra
Phone: +91 9920558483
E-mail: [email protected]
Website: www.varyaacreations.com

Varyaa Creations IPO FAQs


What is Varyaa Creations IPO?

Varyaa Creations IPO is an BSE SME IPO. They are going to raise ₹20.10 Crores via IPO. The issue is priced at ₹150 per equity share. The IPO is to be listed on BSE.

When Varyaa Creations IPO will open?

The IPO is to open on April 22, 2024 for NII, and Retail Investors.

What is Varyaa Creations IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Varyaa Creations IPO?

You can apply Varyaa Creations 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 Varyaa Creations IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Varyaa Creations IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Varyaa Creations IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Varyaa Creations IPO Size?

Varyaa Creations IPO size is ₹20.10 crores.

What is Varyaa Creations IPO Price Band?

Varyaa Creations IPO Price Band is ₹150 per equity share.

What is Varyaa Creations IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 shares with ₹150,000.

What is Varyaa Creations IPO Allotment Date?

Varyaa Creations IPO allotment date is April 26, 2024.

What is Varyaa Creations IPO Listing Date?

Varyaa Creations IPO listing date is April 30, 2024. The IPO to list on BSE SME.

Note: The Varyaa Creations IPO details are announced officially. The IPO grey market premium (Varyaa Creations IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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