Varanium Cloud Limited IPO - Review, Status, Price, Open Date, Allotment, Lot Size

 

Varanium Cloud Limited IPO

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Varanium Cloud Limited IPO

Varanium Cloud Limited was incorporated in the year 2017. It is a fast-growing Indian technology company that is focused on providing services surrounding digital audio, video and financial blockchain (for PayFac) based streaming services. Their unique network transportation technology allows content to be delivered to end devices faster and cheaper.

Varanium clouds’s technology is also completely device agnostic and can be delivered to any mobile device or screen, wired or wireless, agnostic of operating system or type of screen.

Company Promoters:
• Harshwardhan Hanmant Sabale

Objects of this Issue:
• Setting up 3 nos. Containerized edge data centres.
• Rollout of 3 Edmission flagship digital learning centres.
• General Corporate Purposes.


Financial Information of the Company:

 Particulars

Amount in Lakhs (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

4,066.68

833.09

765.39

Total Liabilities

2,554.19

505.79

579.65

Net Profit

840.19

289.25

-148.90

The offer:

Particulars

Shares Available for allotment

Issue Reserved for the Market maker

4,86,000 Equity shares

 

Net Issue to the Public

Retail Individual Investors

12,57,000 Equity shares

Other Investors

12,57,000 Equity shares

Net offer size

30,00,000 Equity shares

Varanium Cloud Limited IPO Details

Issue Open

16 Sep 2022

Issue Close

20 Sep 2022

IPO Price

₹122 per equity share

Face Value

₹10 per equity share

IPO Size

₹36.60 Cr.

Listing At

NSE SME

IPO Lot Size

1000 Shares

Varanium Cloud Limited IPO Schedule
1. Bid or Offer Opens on: 16 Sep 2022
2. Bid or Offer Closes on: 20 Sep 2022
3. Finalization of BoA: 23 Sep 2022
4. Initiation of Refunds: 26 Sep 2022
5. Credit of shares to Demat account: 27 Sep 2022
6. Listing Date: 28 Sep 2022

Varanium Cloud Limited IPO Lot Size
Market lot size of the Varanium Cloud Limited IPO is 1000 shares. Minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

1000

₹1,22,000

Maximum

1

1000

₹1,22,000

Company Contact Details:
Varanium Cloud Limited
Third Floor, Plot No. 244-A RDP 2,
CTS 1374/B Vill. Versova SVP Nagar,
Four Bungalows Mumbai- 400053,
Maharashtra, India.

Phone: +91 22 2632 5683
Email: info@vrnm.com
Website: https://varanium.cloud/

Varanium Cloud Limited IPO Registrar Details:
Bigshare Services Private Limited
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East), Mumbai – 400093.

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

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