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Varmora Granito Ltd
CLOSED
NSE & BSE
Bookbuilding IPO
Fresh capital cum OFS
Varmora Granito IPO GMP
GREY MARKET
PREMIUM
₹
+ 2
+4% expected return
EST. LISTING
PRICE
₹50
Issue Price: ₹
48
Issue Price
₹48
Face Value
₹2
Lot Size
101 shares
IPO Size
Agg. upto ₹708 Cr
Open Date
22 Sep 2026
Close Date
24 Sep 2026
Allotment
25 Sep 2026
Listing Date
29 Sep 2026
Exchange
NSE & BSE
Varmora Granito IPO Details: Price, Dates & Financials
The Varmora Granito IPO GMP strength score is 2.4 out of 10, which the dashboard rates as Weak. The Varmora Granito IPO valuation is tagged Weak. The Varmora Granito IPO is subscribed 1.42 times overall so far. Amounts are calculated at the upper price band of ₹48.
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Varmora Granito IPO GMP Insights
Valuation
Weak
Varmora Granito IPO GMP Strength Score
2
/ 10
Weak
0–3 Weak
3–6 Moderate
6–8 Good
8–10 Strong
Varmora Granito IPO Category-wise Subscription
Shares offered, bid & amount
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | 1.86 | 24,736,010 | 44,608,367 |
| NII / HNI | 0.93 | 6,685,594 | 6,685,594 |
| Retail (RII) | 0.98 | 16,417,651 | 16,417,651 |
| Total | 1.42 | 47,839,255 | 67,711,612 |
* Amount calculated at upper price band (₹48) · ** Total includes all investor categories
Varmora Granito IPO Application Sizing
Minimum investment by category
Retail Investors ?
Min. Lots
1
Shares / Lot
101
Min. Investment
₹14,948
HNI Investors ?
Min. Lots
67
Min. Shares
6,767
Min. Investment
₹1,001,516
Varmora Granito IPO Valuation — EPS & P/E
Pre & post-issue metrics
Pre-Issue EPS ?
₹ 3
Post-Issue EPS ?
₹ 2
Pre-Issue P/E ?
55 x
Post-Issue P/E ?
61 x
Varmora Granito IPO Timeline & Key Dates
- 1 Initiation of Refund 28 Sep 2026
- 2 Credit of Shares to Demat 28 Sep 2026
Investor Interpretation
- The IPO P/E of 61x reflects a weak valuation relative to typical market ranges.
- Pre-issue EPS of ₹3 compares to post-issue EPS of ₹2 after dilution.
This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.
Varmora Granito IPO Subscription FAQs
Varmora Granito IPO is subscribed 1.42x overall (Retail 0.98x, QIB 1.86x, NII/HNI 0.93x).
The retail (RII) portion of Varmora Granito IPO is subscribed 0.98x.
Varmora Granito IPO — QIB 1.86x, NII/HNI 0.93x.
In Varmora Granito IPO, retail investors can apply for a minimum of 1 lot(s) (₹₹14,948); HNI/sNII minimum 67 lots (₹₹1,001,516).
Shares offered by category — QIB 24,736,010 shares, Retail 16,417,651 shares.
Varmora Granito IPO valuation — pre-issue EPS ₹2.70, post-issue EPS ₹2.44, pre-issue P/E 54.81, post-issue P/E 60.66.
Subscription is shares bid for divided by shares offered in that category. If 10 lakh shares are offered and 50 lakh are bid for, the category is subscribed 5 times. Final numbers are confirmed after the bidding closes.
The NII category covers investors applying for shares outside the retail investor category, while HNI commonly refers to high-value investors within the NII category. Understanding the Varmora Granito IPO's NII and HNI subscription levels helps investors assess demand for the Varmora Granito IPO and overall investor interest.
GMP and IPO data are unofficial and for information only — not investment advice. Read the full disclaimer.