59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Varanium Cloud Limited IPO Analysis

Varanium Cloud IPO is a Fixed Price listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Information Technology - SaaS sector. First Overseas Capital is the merchant banker of Varanium Cloud IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st July 2022.

Varanium Cloud IPO posted revenues of ₹ 35.35 crores and PAT of ₹ 8.40 crores in FY00 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 35.35 Cr.
            EBITDA: ₹ 12.05 Cr.
            PAT: ₹ 8.40 Cr.
  • EBITDA Margin: 34.09 %
            Pat Margin: 23.76 %
  • Net Worth: ₹ 15.12 Cr.
  • Market Capitalisation: ₹ 122.63 Cr.
  • P/E: 14.59 times
  • P/BV: 2.37 times
  • EV/EBITDA: 10.20 times
Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Fixed Price

Varanium Cloud IPO Financial Performance (Restated)

Financial results of Varanium Cloud IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials FY22 FY21 FY20
Balance Sheet
Assets 40.67 8.33 7.65
Net Worth 15.12 3.27 1.85
Total Debt 0.26 2.26 3.94
Profit & Loss
Revenue
Revenue on annualised basis
35.35 3.75 [●]
EBITDA
EBITDA on annualised basis
12.05 3.96 -1.24
PAT
PAT on annualised basis
8.40 2.89 -1.49
Financials
FY22
FY21
FY20
Balance Sheet
Assets
40.67
8.33
7.65

Net Worth
15.12
3.27
1.85

Total Debt
0.26
2.26
3.94

Profit & Loss
Revenue
Revenue on annualised basis
35.35
35.35
3.75
[●]

EBITDA
EBITDA on annualised basis
12.05
12.05
3.96
-1.24

PAT
PAT on annualised basis
8.40
8.40
2.89
-1.49

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Varanium Cloud IPO Key performance Indicators (KPI)

Varanium Cloud IPO PAT Margin is 23.76 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Varanium Cloud IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars FY22 FY21 FY20
EBITDA Margin (%) 34.09 105.60 [●]
PAT Margin (%) 23.76 77.07 [●]
EPS (₹) 13.23 4.88 -5.13
ROE (%) 55.56 88.38 -80.54
ROCE (%) [●] [●] [●]
ROA (%) 20.65 34.69 -19.48
Debt to Equity 0.02 0.69 2.13
Particulars
FY22
FY21
FY20

EBITDA Margin (%)
34.09
105.60
[●]

PAT Margin (%)
23.76
77.07
[●]

EPS (₹)
13.23
4.88
-5.13

ROE (%)
55.56
88.38
-80.54

ROCE (%)
[●]
[●]
[●]

ROA (%)
20.65
34.69
-19.48

Debt to Equity (x)  
0.02
0.69
2.13

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Varanium Cloud IPO Valuation Metrics

The market Capitalisation of Varanium Cloud IPO is ₹ 122.63 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
122.63

Enterprise Value (EV) (₹ Cr.):
122.87

EV/EBITDA (times) :
10.20

PE Multiple (times) :
14.59

P/B (times) :
2.37

NAV (₹) :
23.81

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Varanium Cloud prospectus?

The Varanium Cloud IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Varanium Cloud IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Varanium Cloud IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Varanium Cloud IPO ?

The post-IPO market capitalisation of Varanium Cloud IPO is ₹ 122.63 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Varanium Cloud IPO?

The Varanium Cloud IPO has a Price-to-Earnings (PE) ratio of 14.59 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Varanium Cloud IPO?

Varanium Cloud IPO reported revenue of ₹ 35.35 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Varanium Cloud IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Varanium Cloud IPO?

Varanium Cloud recorded an EBITDA of ₹ 12.05 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Varanium Cloud IPO?

Varanium Cloud Profit After Tax (PAT) is ₹ 8.40 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 35.35 Cr.
            EBITDA: ₹ 12.05 Cr.
            PAT: ₹ 8.40 Cr.
  • EBITDA Margin: 34.09 %
            Pat Margin: 23.76 %
  • Net Worth: ₹ 15.12 Cr.
  • Market Capitalisation: ₹ 122.63 Cr.
  • P/E: 14.59 times
  • P/BV: 2.37 times
  • EV/EBITDA: 10.20 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Varanium Cloud operates in Information Technology - SaaS and Saas Model Online Payment Facilitation. The Issue is listed on NSE EMERGE in Sep, 2022. Varanium Cloud IPO size was 36.60 with Issue price of 122.00 .

Varanium Cloud IPO subscription was 5.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Varanium Cloud IPO listed at a listing price of 128.55 against the offer price of 122.00.

The current market price of Varanium Cloud is 6.60.

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