IPO SYNOPSIS

Varyaa Creations Ltd
Registered Office:
11 Flr 3rd-Plot 5/1721 Kailash,Darshan Ken.Brdg Gamdevi Gr.Rd,
Mumbai - 400007,
Maharashtra, India.
Initial public issue of up to 13,40,000 equity shares of (₹) 10.00 each ("Equity Shares") of Varyaa Creations Limited ("Varyaa Creations" or the "Company") for cash at a price of (₹) 150.00/- per equity share (including a share premuim of (₹) 140/- per share) (the "Issue Price"), aggregating to (₹) 20.10 crores ("The Issue"), out of which 70,000 equity shares aggregating to (₹) 1.05 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 12,70,000 equity shares of face value of (₹) 10.00 each at an issue price of (₹) 150.00/- per equity share aggregating to (₹) 19.05 crores is hereinafter referred to as the "Net Issue". The issue and the net offer will constitute 27.97% and 26.51%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (₹) 10.00 each and the issue price of (₹) 150.00 is 15.00 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-Apr-24
25-Apr-24
150.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 1000     Further Multiples of : 1000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
19.50
First Overseas Capital Ltd
Project Financed
20.10
 
Post Issue
4.79
 
Issue Price
150.00
 
Projects
Capital expenditure cost for the proposed new showroom purchase of inventory for the proposed new showroom
Purchase of inventory
General corporate purposes
Promoted By
Pooja Vineet Naheta
Sarika Amit Naheta
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
×
Let's Chat
close
refresh
close
refresh