67  Total SME IPOs listed in 2025

2,916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

67  Total SME IPOs listed in 2025

2916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

67  Total SME IPOs listed in 2025

2916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

67  Total SME IPOs listed in 2025

2916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

Varindera Constructions IPO (Varindera Constructions Limited IPO) Detail

Varindera Constructions IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in New Delhi and caters to Engineering - EPC sector. Equirus Capital , ICICI Securities , Iifl Securities are the merchant bankers of Varindera Constructions IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2024.

Varindera Constructions IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : MainBoard Upcoming
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ Cr. Avg IPO Size (Sector Based) : ₹ 496.84 cr.
  • Sector: Engineering - EPC IPO so far: 12
  • Merchant Banker: Equirus Capital IPO by BRLM so far: 27
  • City: New Delhi IPO so far: 25
  • Revenue (annualised): ₹ 1403.98 cr.
            PAT: (annualised): ₹ 143.38 cr. Read Financial Information >>
  • PE Ratio: x Average Sector PE Ratio: 20.28x

Varindera Constructions IPO Date

Date of DRHP:
30th September 2024
IPO Open Date:
[●]
IPO Close Date:
[●]
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
[●]

Varindera Constructions IPO Info, Size, Subscription

Varindera Constructions IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
98.10 %

Post Issue Promoter Holding :
[●]

Varindera Constructions IPO Information

Sub Sector :
Varindera Constructions is an integrated engineering, procurement and construction (EPC) company with experience in construction of buildings projects including residential units, commercial complex, office, railway stations, hospitals, high court and library as well as undertaking infrastructure projects such as metro depot, aircraft hangar and roads. In the last 10 Fiscal Years (ended March 31, 2024), Varindera Constructions have executed and delivered 31 construction projects with an aggregate Contract Value of Rs 52,932.66 million, across 11 states in India as well as overseas, in Mauritius. Varindera Constructions undertook their first overseas project in 2018, in Mauritius, and have currently 7 ongoing projects in Mauritius and Maldives. 23.92 % of their revenue from operations for Fiscal Year 2024, aggregating to Rs 3,322.82 million, was from their overseas projects.
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Object of Issue (Varindera Constructions IPO Objectives)

  • Capital expenditure towards purchase of equipments;
  • Funding the working capital requirements of the Company
  • Repayment/prepayment in full or in part, of certain outstanding borrowings availed by the Company
  • General corporate purposes

Equirus Capital Private Limited is the book-running lead manager of the Varindera Constructions IPO. [●] is the Registrar for Varindera Constructions IPO.

Varindera Constructions IPO Registrar (RTA)

[●]

Varindera Constructions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Varindera Constructions IPO?

Varindera Constructions IPO, based in New Delhi, operates in the   Engineering - EPC sector with a focus on . The company is launching its MainBoard Upcoming IPO on the BSE,NSE exchange, using the Book Building Issue method. Varindera Constructions IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being ₹ Nil

When is Varindera Constructions IPO allotment?

The IPO allotment date for Varindera Constructions IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Varindera Constructions IPO allotment status on the registrars website, [●]. Varindera Constructions IPO refund dates are [●].

When is Varindera Constructions IPO listing date?

Varindera Constructions IPO is expected to be listed on [●].

What is the price band for Varindera Constructions IPO?

The upper price band for the Varindera Constructions IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Varindera Constructions IPO Review?

For IPO analysis on Varindera Constructions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Varindera Constructions IPO?

To apply for the Varindera Constructions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Varindera Constructions IPO is finalised.

Who is the merchant banker of Varindera Constructions IPO?

The merchant banker for Varindera Constructions IPO is Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited . Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Varindera Constructions IPO RHP for further details.

Who is the Registrar of Varindera Constructions IPO?

The registrar for Varindera Constructions IPO is [●]. Investors can go to [●] registrar website for IPO allotment status, refund processing, and other queries related to Varindera Constructions IPO through their official website or helpline.

What is the Varindera Constructions IPO subscription?

Varindera Constructions IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Varindera Constructions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Varindera Constructions Financial Review Page

Varindera Constructions IPO subscription was 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.

Varindera Constructions IPO listed at a listing price of against the offer price of .

The current market price of Varindera Constructions is .

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