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Issue Open Date
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22-Sep-26
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Issue Closing Date
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24-Sep-26
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Application Money
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100
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Allotment Money
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Price Band
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140
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148
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Minimium Application No.
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101
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Issue Size (Shares)
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33902899
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Market Lot
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1
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Objective
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1. Repayment/ pre-payment, in full or in part, of all or certain outstanding borrowings and accrued interest thereon availed by:a. our Company; andb. our wholly-owned subsidiaries namely Covertek Ceramica Private Limited and Varmora Sanitarywares Private Limited (formerly, Varmora Sanitarywares LLP), and of our subsidiary, Simola Tiles LLP, through investment in such Subsidiaries; and2. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description
We are one of the leading players in the Indian tiles market in terms of revenue in Fiscal 2025 among the selected listed peers (Source: Technopak Report). According to the Technopak Report, we are the fastest growing among the selected listed peers in India i
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Promoter's Holding
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Total Share Capital
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103868040
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Offered to Public
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33902899
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Promoter's Holding (Pre-Issue)
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51.3
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Promoter's Holding (Post-Issue)
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MORE > |
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Address |
8 - A
National Highway
At Dhuva
Tal. Wankaner
Rajkot Dist
,
Gujarat
,
363641
Phone :
9909913657
Email :
investor.relations@varmora.com
Website :
www.varmora.com
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Registrar |
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Goldman Sachs (India) Securities Pvt Ltd
JM Financial Ltd.
SBI Capital Markets Ltd
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Promoters |
Bhavesh Vallabhdas Varmora
Hiren R Varmora
Pramodkumar Parsotambhai Patel
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