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Varmora Granito IPO

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VARMORA · Manufacturing · NSE

Checked · GMP unchanged since

Varmora Granito IPO Details

RegistrarKFin Technologies Limited
Lead managersJM Financial Limited
Fresh issue₹320 Cr
Offer for sale₹388.02 Cr

Varmora Granito Financials ₹ in crore

Detailed financials for this issue aren’t available yet.

Varmora Granito Anchor Investors largest allocation first

Anchor investors18named in the letter
Anchor book₹213.40 Crat ₹148 per share
Largest allocation11.77%MUTUAL FUND A/C ICICI PRUD…
#Anchor investorShares% of book₹ Cr
1MUTUAL FUND A/C ICICI PRUDENTIAL HOUSING16,89,22511.77%25.00
2GOLDMAN SACHS INDIA16,89,22511.77%25.00
3FUND A/C BANDHAN LARGE AND MID CAP16,89,22511.77%25.00
4MUTUAL FUND A/c RETIREMENT FUND13,51,3809.42%20.00
5STRATEGY FUND SF1 SOCIETE GENERALE - ODI13,51,3809.42%20.00
6FUND INDIA ACORN FUND LTD10,67,5707.44%15.80
7CAP FUND10,67,5707.44%15.80
8OPPORTUNITIES FUND7,11,6464.96%10.53
9INSURANCE COMPANY LIMITED6,75,6904.71%10.00
10MARKETS - ODI6,75,6904.71%10.00
11FUND - JM FLEXI CAP FUND4,05,4142.82%6.00
12JM FLEXI CAP FUND4,05,4142.82%6.00
13OPPORTUNITY FUND - SERIES 23,55,9242.48%5.27
14STRATEGY FUND VCC-LC PHAROS MULTI3,38,0252.36%5.00
15FUND - JM MID CAP FUND2,70,2761.88%4.00
16JM MID CAP FUND2,70,2761.88%4.00
17FUND - JM SMALL CAP FUND2,02,7071.41%3.00
18JM SMALL CAP FUND2,02,7071.41%3.00

Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter

Varmora Granito IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹148
Retail (min)1 lot101₹14,948
Retail (max)13 lots1,313₹1,94,324
sHNI (min)14 lots1,414₹2,09,272
bHNI (min)67 lots6,767₹10,01,516

One lot is 101 shares, so a single application at the ₹148 cut-off costs ₹14,948. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

About Varmora Granito

Varmora Granito Limited manufactures and sells tiles, including glazed vitrified tiles (GVT), polished vitrified tiles (PVT), and ceramic tiles. The company also offers bathware, tile adhesives, and other application equipment accessories. It operates eight manufacturing facilities in the Morbi cluster in Gujarat, India, and has a pan-India distribution network of EBOs and MBOs. The company was incorporated in 2003 and is headquartered in Morbi, Gujarat.

Varmora Granito IPO Strengths & Risks as disclosed in the DRHP

Strengths and risk factors from this issue’s prospectus aren’t available yet.

How to check Varmora Granito IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Varmora Granito Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 24 Sept 2026 and listing on 29 Sept 2026.

RegistrarKFin Technologies Limited
You will needPAN, application number or demat ID
Issue closes24 Sept 2026
Listing date29 Sept 2026
Issue opens
Tue, 22 Sept, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Thu, 24 Sept, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Fri, 25 Sept, 2026
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Mon, 28 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Tue, 29 Sept, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Varmora Granito IPO FAQs

GMP

What is Varmora Granito IPO GMP today?

No current grey market premium reading is being quoted for the Varmora Granito Limited IPO. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is Varmora Granito IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Varmora Granito IPO GMP updated on alphave?

Readings are collected about once an hour from third-party grey-market reporters while the issue is open, and each reading is timestamped. The history table shows one row per day, with the number of readings behind it.

Subscription

How many times is Varmora Granito IPO subscribed?

As of 25 Sept, 3:37 am the Varmora Granito Limited IPO is subscribed 1.58× overall: QIB 3.16×, non-institutional 0.92× and retail 1×. Figures are the exchange's consolidated demand across NSE and BSE.

What is the Varmora Granito IPO retail subscription status?

The retail portion is subscribed 1× as of 25 Sept, 3:37 am. Retail applications are those up to ₹2,00,000 at the cut-off price.

How do I check Varmora Granito IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

How was Varmora Granito IPO subscribed day by day?

Overall subscription at the end of each bidding day — day 1 (22 September 2026): 0.11×, day 2 (23 September 2026): 0.27×, day 3 (24 September 2026): 1.58×, day 4 (25 September 2026): 1.58× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment

When is Varmora Granito IPO allotment date?

Allotment for the Varmora Granito Limited IPO is expected to be finalised on 25 September 2026, the trading day after the issue closes on 24 September 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 28 September 2026 and the shares list on 29 September 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Varmora Granito IPO allotment status?

Allotment is decided and published by the registrar, KFin Technologies Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

Who is the registrar of Varmora Granito IPO?

The registrar to the Varmora Granito Limited IPO is KFin Technologies Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Varmora Granito IPO open and close?

Bidding for the Varmora Granito Limited IPO opens on 22 September 2026 and closes on 24 September 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the Varmora Granito IPO listing date?

The shares are scheduled to list on 29 September 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Varmora Granito IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 22 September 2026 and 24 September 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹148); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Varmora Granito IPO?

24 September 2026 is the last day of bidding. Allotment is then expected on 25 September 2026, refunds and demat credit on 28 September 2026, and listing on 29 September 2026 — tentative until confirmed.

Price & Lot

What is the price band of Varmora Granito IPO?

The Varmora Granito Limited IPO price band is ₹140 to ₹148 per share. Applications are made at the cut-off price, which is the upper end of the band.

What is the lot size of Varmora Granito IPO?

One lot is 101 shares, so a single application at the ₹148 cut-off costs ₹14,948. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.

What is the minimum investment in Varmora Granito IPO?

₹14,948 — one lot of 101 shares at ₹148. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Is Varmora Granito IPO a mainboard or SME issue, and on which exchange?

Varmora Granito Limited is a mainboard issue listing on NSE. The lead manager is JM Financial Limited.

What is the issue size of Varmora Granito IPO?

The issue size is ₹708.02 crore, of which ₹320 crore is a fresh issue and ₹388.02 crore an offer for sale by existing shareholders.

DRHP

Where can I read the Varmora Granito DRHP or RHP?

The offer document for the Varmora Granito Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

Listing

When will Varmora Granito IPO list?

The Varmora Granito Limited shares are scheduled to list on 29 September 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the Varmora Granito IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.

Varmora Granito IPO Registrar where allotment and refund queries go

RegistrarKFin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Varmora Granito IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (24 Sept 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹148 upper band means the grey market is dealing at ₹148.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.