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Open
22 Sep 2026
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Close
24 Sep 2026
3
Allotment
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Listing
Tue, Sep 29, 2026
Price Band
₹140 to ₹148
Issue Size
4,78,39,255 shares (agg. up to ₹708 Cr)
Lot Size
101 Shares
Listing Date
Tue, Sep 29, 2026
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 3.10x |
| NII | 0.94x |
| Retail | 1.02x |
| Total | 1.12x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,509.87 | 1,589.80 | 1,476.16 |
| Total Income | 1,562.53 | 1,492.68 | 1,472.58 |
| Profit After Tax | 55.09 | 30.77 | 44.94 |
| EBITDA | 221.56 | 198.29 | 150.33 |
| NET Worth | 796.88 | 722.90 | 678.59 |
| Reserves and Surplus | 765.70 | 691.72 | 630.20 |
| Total Borrowing | 357.95 | 505.16 | 412.89 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ pre-payment, in full or in part, of all or certain outstanding borrowings and accrued interest thereon availed by: The company and wholly-owned subsidiaries namely Covertek Ceramica Pvt.Ltd. and Varmora Sanitarywares Pvt.Ltd. (formerly, Varmora Sanitarywares LLP), and of the subsidiary, Simola Tiles LLP, through investment in such Subsidiaries | 245.00 |
| 2 | General Corporate Purposes | 48.00 |
| 3 | Issue Expenses | 59.70 |
| Total | 352.70 |
About Varmora Granito IPO
Updated on Sep 29, 2026
Contact Details
Varmora Granito Ltd. Address8-A, National Highway,Dhuva,Taluka WankanerRajkot, Gujarat, 3800549909913657investor.relations@varmora.comVisit Website