Varyaa Creations IPO: Issue to open next week - Check key details

Varyaa Creations IPO: Varyaa Creations Limited is all set to go public next week. The public issue is set to open on April 22, 2024, with the issue closing on April 25, 2024. Varyaa Creations' IPO is a fixed price issue and the company is looking to raise a total of Rs 20.10 crore. Here's everything you need to know about it.

Varyaa Creations IPO Issue Period

The issue will open for subscription on April 22, 2024 and will close on April 25, 2024.

Varyaa Creations IPO Lot Size

Each lot will consist of 1,000 shares. Application size is 1,000 equity shares and in multiples of 1,000 equity shares thereafter. According to information available on the BSE, the maximum bid size is 12,70,000. 

Varyaa Creations IPO Price

The IPO has a fixed price of Rs 150 per equity share with a face value of Rs 10 each.

Varyaa Creations IPO Lead Manager

Inventure Merchant Banker Services Private LTD is the leader and manager of the public issue.

Varyaa Creations IPO Registrar

Bigshare Services is the registrar for the issue. 

The shares are proposed to be listed on the SME Platform of BSE Limited. Shares of the company shall be listed on the SME platform of BSE. The expected listing date is April 30, 2024.

According to the company, its revenue soared by 112.55 per cent in the last fiscal year. The profit after tax (PAT) has also seen an increase of 36.13 per cent.