| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹20.10 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹20.10 Cr |
| Fresh Issue | ₹19.05 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน150.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544168 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Inventure Merchant Banker Services... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in July 2005, Varyaa Creations Limited deals in wholesale trading of gold, silver, precious stones, and semi-precious stones.
The product portfolio includes Necklaces, Earrings, Tops, Rings, Bracelets, Bangles, Gemstones, Diamonds, Lab-grown diamonds, and Pearls. The company also create custom-made jewellery based on customers' requirements.
The portfolio offers customers various jewellery designs for all occasions and price points.
As of 31st March 2024, the company employs 8 people in various departments.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To finance the establishment of new showroom a) Capital expenditure cost for the proposed new showroom Purchase of Inventory for the proposed new showroom | 5.50 |
| 2 | To finance the establishment of new showroom b) Purchase of Inventory | 10.00 |
| 3 | General Corporate Purpose | 4.00 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 10.49 | 20.01 | 1.44 | 2.18 |
| Total Income | 17.62 | 5.38 | 2.53 | 0.12 |
| Profit After Tax | 3.51 | 0.79 | 0.58 | -0.13 |
| NET Worth | 4.11 | 0.59 | -0.19 | -0.77 |
| Reserves and Surplus | 0.66 | 0.44 | -0.34 | -0.92 |
| Total Borrowing | 0.45 | 2.84 | ||
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 85.52% |
| ROCE | 114.57% |
| RoNW | 85.52% |
| PAT Margin | 19.92% |
| Price to Book Value | 12.61 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.29 | 14.66 |
| P/E (x) | 65.56 | 10.23 |
| Promoter Holding | 100.00% | 72.02% |
| Market Cap | โน71.85 Cr. | |