Varmora Granito IPO 2026
Listed₹708.00 Cr
₹140 – ₹148
101
shares per lot
₹14,948
+₹101
101 shares
Sep 29
2026
GMP Trend
Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.
Latest GMP
+₹1
GMP %
+0.7%
Indicative Listing
₹149
Est. Profit/Lot
+₹101
IPO Details
Issue Information
Issue Size & Shares
Price & Investment
Important Dates
Listing Performance
IPO Timeline
Anchor Investor Bidding
Sep 21, 2026 ✓ Completed
IPO Opens
Sep 22, 2026 ✓ Completed
IPO Closes
Sep 24, 2026 ✓ Completed
Basis of Allotment
Sep 25, 2026 ✓ Completed
Refund Initiation
Sep 28, 2026 ✓ Completed
Demat Credit
Sep 28, 2026 ✓ Completed
Listing on Exchange
Sep 29, 2026 ✓ Completed
Registrar & Allotment Status
Registrar details, lead managers, and allotment status.
Lead Managers
- JM Financial Ltd.
- Goldman Sachs (India) Securities Pvt.Ltd.
- SBI Capital Markets Ltd.
Allotment Finalized
Check your allotment status on the platforms below.
Finalized
Sep 25, 2026
Subscription Details
Latest subscription data as of Day 3 · Sep 24, 2026.
| Category | Subscription |
|---|---|
| QIB | 3.10x |
| NII / HNI | 0.94x |
| Retail | 1.02x |
| B-HNI | 0.94x |
| S-HNI | 0.92x |
| Total | 1.12x |
Subscription
Lot Size & Investment
Minimum Lot
101 shares
Minimum Investment
₹14,948
Max Investment (Retail)
₹194,324
Financial Highlights
Key Performance Indicators (31 mar 2026)
6.8%
9.9%
3.7%
3.5%
14.2%
2.70
54.8
About Varmora Granito
Varmora Granito IPO is a book build issue of ₹708.02 crores. The issue is a combination of fresh issue of 2.16 crore shares aggregating to ₹320.00 crores and offer for sale of 2.62 crore shares aggregating to ₹388.02 crores.
Promoters
Bhavesh Vallabhdas Varmora, Hiren R Varmora and Pramodkumar Parsotambhai Patel
Objectives of the Issue
Use of IPO proceeds as disclosed in the offer document.
- Repayment/ pre-payment, in full or in part, of all or certain outstanding borrowings and accrued interest thereon availed by: The company and wholly-owned subsidiaries namely Covertek Ceramica Pvt.Ltd. and Varmora Sanitarywares Pvt.Ltd. (formerly, Varmora Sanitarywares LLP), and of the subsidiary, Simola Tiles LLP, through investment in such Subsidiaries
- General Corporate Purposes
- Issue Expenses
Promoter Holding
Pre-IPO Holding
52.00%
Post-IPO Holding
47.04%
Promoter dilution: 4.96%
Reservation & Allotment
Category-wise reservation of shares for this IPO.
Varmora Granito IPO FAQs
What is Varmora Granito IPO?
Varmora Granito IPO is a book build issue of ₹708.02 crores. The issue is a combination of fresh issue of 2.16 crore shares aggregating to ₹320.00 crores and offer for sale of 2.62 crore shares aggregating to ₹388.02 crores.
What is the Varmora Granito IPO price band?
The Varmora Granito IPO price band is ₹140 – ₹148 per share.
When does Varmora Granito IPO open and close?
The Varmora Granito IPO opens on Sep 22, 2026 and closes on Sep 24, 2026.
What is the lot size and minimum investment for Varmora Granito IPO?
The Varmora Granito IPO lot size is 101 shares and the minimum investment is ₹14,948.
What is the Varmora Granito IPO subscription status?
As of Day 3, the Varmora Granito IPO is subscribed 1.12 times overall.
What is the Varmora Granito IPO GMP today?
The latest Varmora Granito IPO grey market premium (GMP) is ₹1 per share, which is unofficial and may change.
When is the Varmora Granito IPO allotment date?
The expected allotment date for Varmora Granito IPO is Sep 25, 2026.
When will Varmora Granito IPO list?
The Varmora Granito IPO is expected to list on Sep 29, 2026 on BSE, NSE.
Who is the registrar of Varmora Granito IPO?
The registrar for Varmora Granito IPO is Kfin Technologies Ltd..
Key Dates
Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.