Issue Price
₹122
Per Share
GMP
NIL
Grey Market
Est. Listing
₹122
Expected Price
Min. Application
₹244,000
2 lots × 1000 shares
Incorporated in Dec 2017, Varanium Cloud Limited is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services. Varanium Cloud Business VerticlesProvision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments;Online payment facilitation services (PayFac);Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under the Edmission brand;Provision of information technology-related services to startups and SMEs to help them transition their business to digital platforms and manage the relevant infrastructure on an IaaS (Infrastructure As A Service) model.Varanium Cloud Product OfferingsEdmissionEdmission is a phy-gital (Physical and Digital) platform for educators and learners to come together online. It helps institutions in running digital classes. The platform has a video conferencing solution to support up to 1 million students and 2,000 teachers simultaneously.JumpTalkJumpTalk provides a cloud platform for video and audio conferencing, webinars, chats, and file transfers.Online payment facilitation services (Payfac)Payfac provides aggregated payment gateway services to non-urban consumers.Infrastructure as a Service (IaaS)Services including Hydra Web Solutions, Corporate & Public WiFi Mesh Services, and eCommerce-as-a-Service (EaaS).
Varanium Cloud Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 486,000 | — | ₹5.93 Cr | — |
| TOTAL | 3,000,000 | 100.00% | ₹36.60 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹122,000 |
| Retail (Max) | 13 | 13,000 | ₹1,586,000 |
| sNII (Min) | 14 | 14,000 | ₹1,708,000 |
| bNII (Min) | 68 | 68,000 | ₹8,296,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 12.44 | 419.51 | 3535.21 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | -148.90 | 289.25 | 840.19 |
| Net Worth | 185.74 | 327.30 | 1512.49 |
| Total Assets | 765.39 | 833.09 | 4066.68 |
| Reserves & Surplus | 0.00 | 0.00 | 877.35 |
| Total Borrowings | N/A | N/A | N/A |