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Varanium Cloud IPO is a Fixed Price IPO 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 open date is 16th September 2022 and close date is 20th September 2022. IPO Allotment Date is 23rd September 2022 and Listing date is 27th September 2022.
IPO
Size:
₹ 36.60 Cr.
Avg IPO Size (Sector Based)
: ₹
17.11 cr.
Sector: Information Technology - SaaS
SME
IPO so far:
12
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
35.35
cr. 
PE
Ratio:
14.59x
Average Sector PE Ratio: 13.06x
Varanium Cloud IPO size is ₹ 36.60 Cr. with IPO price of ₹ 122.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Varanium Cloud IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Varanium Cloud IPO.
Varanium Cloud IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Varanium Cloud IPO, based in Mumbai, operates in the Information Technology - SaaS sector with a focus on Saas model online payment facilitation. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Varanium Cloud IPO size is ₹ 36.60 Cr. with fresh issue size of ₹ 36.60 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Varanium Cloud IPO is expected to be 23rd September 2022, after the finalization of basis of allotment. Investors can check Varanium Cloud IPO allotment status on the registrars website, Bigshare Services Private Limited. Varanium Cloud IPO refund dates are 26th September 2022.
Varanium Cloud IPO is expected to be listed on 27th September 2022.
The upper price band for the Varanium Cloud IPO is set at ₹ 122.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Varanium Cloud 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.
To apply for the Varanium Cloud 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 20th September 2022. After submission, funds are blocked until the basis of allotment of Varanium Cloud IPO is finalised.
The merchant banker for Varanium Cloud IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Varanium Cloud IPO RHP for further details.
The registrar for Varanium Cloud IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Varanium Cloud IPO through their official website or helpline.
Varanium Cloud IPO was subscribed 5.46 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 36.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.11 Cr.
Sector: Information Technology - SaaS
SME
IPO so far:
12
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 35.35 cr.
PE
Ratio:
14.59x
Average Sector PE Ratio: 13.06x
Varanium Cloud IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Varanium Cloud Financial Review Page
Merchant Banker(s) of Varanium Cloud IPO: First Overseas Capital Limited
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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