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Varyaa Creations Ltd

Registered Office: 11 Flr 3rd-Plot 5/1721 Kailash,Darshan Ken.Brdg Gamdevi Gr.Rd, Mumbai - 400007, Maharashtra, India.
Phone : +91 99205 58483   Fax:
Email :  info@varyaacreations.com  
Website :  www.varyaacreations.com

Initial public issue of up to 13,40,000 equity shares of Rs. 10.00 each ("Equity Shares") of Varyaa Creations Limited ("Varyaa Creations" or the "Company") for cash at a price of Rs. 150.00/- per equity share (including a share premuim of Rs. 140/- per share) (the "Issue Price"), aggregating to Rs. 20.10 crores ("The Issue"), out of which 70,000 equity shares aggregating to Rs. 1.05 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 12,70,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 150.00/- per equity share aggregating to Rs. 19.05 crores is hereinafter referred to as the "Net Issue". The issue and the net offer will constitute 27.97% and 26.51%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 150.00 is 15.00 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Apr-24 25-Apr-24 150.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1000   Further Multiples of : 1000
  Rs Cr Lead Managers to the Issue
Project Cost 19.50 First Overseas Capital Ltd
Project Financed through Current Offer 20.10  
Post Issue Equity Share Capital 4.79  
Issue Price 150.00  

Projects

  • Capital expenditure cost for the proposed new showroom purchase of inventory for the proposed new showroom
  • Purchase of inventory
  • General corporate purposes

Promoted By

Pooja Vineet Naheta

Sarika Amit Naheta

Listing At

BSE - SME

Registrar to the Issue

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