Varanium Cloud IPO subscription is to open on Sep 16, 2022 and will close on Sep 20, 2022, the price band of the Varanium Cloud IPO is fixed at ₹ 122. Varanium Cloud is a fast-growing Indian technology company that is focused on providing services surrounding digital audio, video and financial blockchain (for PayFac) based streaming services.
- About Varanium Cloud
- Objects of the Issue
- Varanium Cloud Limited Financials:
- Varanium Cloud IPO Details
- Varanium IPO DRHP & RHP
- Varanium IPO Lot Size
- Varanium IPO Lead Managers
- Varanium IPO Registrar
- Cloud IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- Varanium IPO – FAQS
About Varanium Cloud
Varanium Cloud is a fast-growing Indian technology company that is focused on providing services surrounding digital audio, video and financial blockchain (for PayFac) based streaming services.
Objects of the Issue
- Setting up 3 Nos. Containerized Edge Data Centres;
- Rollout of 3 Edmission flagship Digital Learning Centres; and
- General Corporate Purpose.
Varanium Cloud Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 4,066.68 | 833.09 | 765.39 |
| Total income | 3,535.21 | 419.51 | 12.44 |
| Total Expenses | 2,330.61 | 23.54 | 136.92 |
| Profit After Tax | 840.19 | 289.25 | -148.90 |
Varanium Cloud IPO Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 30,00,000* Equity Shares of ₹ 10 (aggregating up to ₹ 3660 lakhs) |
| Issue Open Date | 16-Sep-22 |
| Issue Close Date | 20-Sep-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 122 |
| Face Value | ₹ 10 |
| Market Lot | 1000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | CLOUD |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Varanium IPO DRHP & RHP
Varanium IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1000 | ₹ 1,22,000 |
| Maximum | 1 | 1000 | ₹ 1,22,000 |
Varanium IPO Lead Managers
- First Overseas Capital Limited
Varanium IPO Registrar
Cloud IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 16-Sep-22 |
| Bid / Offer Closes on | 20-Sep-22 |
| Finalisation of Basis of Allotment | 23-Sep-22 |
| Initiation of refunds | 26-Sep-22 |
| Credit of the Equity Shares | 27-Sep-22 |
| Listing Date | 28-Sep-22 |
Company Registered Office
Third Floor, Plot No. 244-A RDP 2,
CTS 1374/B Vill. Versova SVP Nagar,
Four Bungalows Mumbai- 400053,
Maharashtra, India
Website: www.vrnm.com
Company Promoters
- Harshawardhan Hanmant Sabale
Varanium IPO – FAQS
What is the Varanium IPO Price?
The Varanium IPO price band is 122 per share
When Varanium IPO will open?
The Varanium IPO opens on Sep 16, 2022 and closes on Sep 20, 2022
What is the lot size of Varanium Cloud IPO?
The Varanium Cloud IPO lot size is 1000 Equity Shares and the minimum order quantity is 1000 Equity Shares
Who is the Registrar for Varanium Cloud IPO?
The Registrar for Varanium Cloud IPO is Bigshare Services Private Limited
How to apply in Varanium Cloud IPO through UPI?
Check the step-by-step process here – Click here
How to apply in Varanium Cloud IPO through Zerodha?
Check the step-by-step process here – Click here
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