Issue Price
₹150
Per Share
GMP
NIL
Grey Market
Est. Listing
₹150
Expected Price
Min. Application
₹300,000
2 lots × 1000 shares
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.
Varyaa Creations Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 70,000 | — | ₹1.05 Cr | — |
| TOTAL | 1,340,000 | 100.00% | ₹20.10 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹150,000 |
| Retail (Max) | 13 | 13,000 | ₹1,950,000 |
| sNII (Min) | 14 | 14,000 | ₹2,100,000 |
| bNII (Min) | 68 | 68,000 | ₹10,200,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1762.49 | 538.03 | 253.13 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 351.11 | 78.93 | 57.98 |
| Net Worth | 410.56 | 59.45 | -19.47 |
| Total Assets | 1049.17 | 2000.55 | 143.78 |
| Reserves & Surplus | 65.56 | 44.45 | -34.47 |
| Total Borrowings | N/A | N/A | 44.81 |