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Varmora Granito IPO
₹152.19
+2.83% on listing
Listing-day close · NSE · 29 Sep 2026 · issue price ₹148
Varmora Granito’s ₹708 crore IPO was priced at ₹148 a share. It listed on the NSE on 29 Sep 2026 and closed its first day at ₹152.19, up 2.83% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹708 Cr
- Fresh issue
- ₹320 Cr
- Offer for sale
- ₹388 Cr
- Lot size
- 101 shares
- Minimum investment
- ₹14,948
- Face value
- ₹2
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Qualified institutions (QIB) | 95.68 L | 3.10× |
| Non-institutional (NII) | 71.76 L | 0.94× |
| Retail | 1.67 Cr | 1.02× |
| Total | 3.35 Cr | 1.60× |
At the close of the issue, excluding anchor investors.
Financials and valuation
- Market cap (post-issue)
- ₹3,345 Cr
- P/E (post-issue)
- 60.7
- EPS (post-issue)
- ₹2.44
- Price to book
- 3.7
- ROE
- 6.80%
- ROCE
- 9.89%
- EBITDA margin
- 14.18%
- PAT margin
- 3.53%
- Promoter holding
- 52.00% → 47.04%
Financials as of 31 Mar 2026, from the offer documents.
Listing
- Listing date
- 29 Sep 2026
- Issue price
- ₹148
- Open
- ₹155.00
- High
- ₹163.77
- Low
- ₹148.10
- Close
- ₹152.19
Listing day on the NSE. The close was +2.83% on the issue price.
FAQs
When did the Varmora Granito IPO open and close?
It opened on 22 Sep 2026 and closed on 24 Sep 2026.
What was the Varmora Granito IPO price?
The price band was ₹140–148 a share. The final issue price was ₹148.
What is the lot size and minimum investment?
One lot is 101 shares, ₹14,948 at ₹148 a share. Retail investors apply in whole lots.
How much did Varmora Granito raise?
₹708 crore: ₹320 crore of new shares and ₹388 crore offered by existing shareholders.
How many times was the Varmora Granito IPO subscribed?
1.60 times overall: qualified institutions 3.10 times, non-institutional 0.94 times, retail 1.02 times.
How did Varmora Granito list?
It listed on the NSE on 29 Sep 2026 at ₹155.00 and closed the day at ₹152.19, up 2.83% on the ₹148 issue price.
Who is the registrar of the Varmora Granito IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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