Varyaa Creations Shines with 90% Surge on BSE SME Debut, Opens at ₹285! 

Varyaa Creations debuted strongly on BSE SME, opening 90% higher at ₹285 but later hit a 5% lower circuit. This dynamic start underscores the company's entry into the market.
Varyaa Creations Shines with 90% Surge on BSE SME Debut, Opens at ₹285!

Varyaa Creations made a remarkable entry on BSE SME, with shares opening 90% above the issue price at ₹285. Despite this strong debut, the stock later hit a 5% lower circuit. This highlights a dynamic start for Varyaa Creations in the market.

Invest in Direct Mutual Funds IPOs Bonds and Equity at ZERO COST

On the fourth day, Varyaa Creations IPO saw a subscription rate of 3.59 times overall. Retail investors showed strong interest, subscribing 6.09 times, while the NII portion was subscribed 1.08 times.

Formerly known as Kalgi India Pvt. Ltd.Varyaa Creations transitioned from wholesaling to jewellery manufacturing and sales, collaborating with Mumbai artisans. With a Mumbai base, it previously focused on offline wholesale and retail, now expanding online. They offer a diverse jewellery range, including Lab-Grown Diamonds, addressing ethical concerns.

Varyaa Creations Ltd aims to allocate IPO proceeds mainly to establish a new showroom, utilizing INR 15.50 crores. Of this, Rs. 5.50 crores will go towards capital expenditure and Agra showroom inventory, and Rs. 10.00 crores for day-to-day business operations inventory. Additionally, INR 4.00 crores will support general corporate purposes.

Read More News

Ztech India IPO : 29 मई को खुलेगा इश्यू, यहां जानिए GMP, प्राइस बैंड, IPO से जुड़ी पूरी डिटेल!

Ztech India IPO में ₹65 का ग्रे मार्केट प्रीमियम है, जिसकी कीमत ₹104 से ₹110 प्रति शेयर के बीच है। 1200 शेयर लॉट की पेशकश, सदस्यता 29 मई से 31 मई, 2024 तक खुली रहेगी।

Awfis Space IPO अलॉटमेंट, सब्सक्रिप्शन, GMP और अधिक जानने के लिए यहाँ देखें!

Awfis Space IPO : अलॉटमेंट, सब्सक्रिप्शन, GMP और अधिक जानने के लिए यहाँ देखें!

Awfis Space Solutions IPO आवंटन 28 मई, 2024 के लिए निर्धारित है, जिसमें प्रत्येक शेयर की कीमत ₹364 से ₹383 होगी। यह पेशकश 39 शेयरों या उसके गुणकों के लॉट के लिए बोली लगाने की अनुमति देती है।