Varyaa Creations Limited
smelistedAbout the company
## **About Varyaa Creations Limited** Incorporated in July 2005, Varyaa Creations is engaged in the business of wholesale trading of gold, silver, precious stone, semi-precious stone. The company also intends to focus on manufacturing and selling of jewellery & they manufacture its jewellery through job work located in Mumbai. Currently their entire sales happen from their registered office only. However, they intend to start selling products through their website.i.e. www.baubleberry.com.In coming few years, the company shall be earning its revenues not only from bullion trading but also by selling products through offline market and online market. The major raw material used for making our products is gold, precious stones, gemstones, semi-precious stone, silver etc. which is further provided to the job worker who manufactures the jewellery for us. The job worker manufactures the products as per design and pattern given by the company. Designing of the products are done in-house.They get their products manufactured based on the orders basis and as and when need basis.Their jewellery is widely sold through B2B and B2C platform. Their product portfolio includes Necklace, Earring, Tops, Ring, Bracelet, Bangles, Gemstones, Diamonds, Lab Grown diamonds, Pearls. Recognising the growing demand for ethically sourced diamonds, they have recently expanded their portfolio to include Lab Grown Diamonds. They endeavour to maintain the finishing and quality of our jewellery by ensuring control quality, timely delivery and competitive prices. As Varyaa Creations Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. 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. 1. General Corporate Purpose Here are key details about the Varyaa Creations Limited IPO: Company Name| **Varyaa Creations Limited**| | Varyaa Creations Limited IPO Opening Date| **April 22, 2024** ---|---|---|---|--- Company Established On|**2005**Varyaa Creations Limited IPO Price band|**₹150 per share**
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed22 Apr 2024Bidding starts for all investor categories
IPO Closes
Completed25 Apr 2024Last day to place your bid
Basis of Allotment
Completed24 Apr 2024Share allotment finalised
Refund Initiation
Completed29 Apr 2024Refunds credited for non-allottees
Credit to Demat
Completed26 Apr 2024Allotted shares credited to demat account
Listing on Exchange
Completed30 Apr 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1000 | ₹150,000 | 1 | ₹150,000 | 1 lot only |
| HNI | 2 | 2000 | ₹300,000 | 2 | ₹300,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 670,000 | 10.05 | 0 | 0.00x | 100% |
| NII | 15% | 201,000 | 3.02 | 0 | 0.00x | 100% |
| Retail | 35% | 469,000 | 7.04 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
