HomeIPO SMEVaranium Cloud IPO Details

Varanium Cloud IPO Details

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Subscription StatusAllotment StatusListing Date

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.

Varanium Cloud IPO

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

DescriptionIPO Details
Public IssueInitial Public Issue of upto 30,00,000* Equity Shares of ₹ 10 (aggregating up to ₹ 3660 lakhs)
Issue Open  Date16-Sep-22
Issue Close Date20-Sep-22
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolCLOUD
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Varanium IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11000₹ 1,22,000
Maximum11000₹ 1,22,000

Varanium IPO Lead Managers

  • First Overseas Capital Limited

Varanium IPO Registrar

Cloud IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on16-Sep-22
Bid / Offer Closes on20-Sep-22
Finalisation of Basis of Allotment23-Sep-22
Initiation of refunds 26-Sep-22
Credit of the Equity Shares27-Sep-22
Listing Date28-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?

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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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