31 Mar 2020
Assets7.65
Total Income0.12
Profit After Tax-1.49
NET Worth1.86
Reserves and Surplus0.00
At a glance
Updated 2026-09-17The shares listed at ₹131.00, a 7.38% move from the issue price. Varanium Cloud is a SME IPO with an issue size of ₹36.60 crore, proposed for listing on NSE SME. The offer opens on 16th Sep 2022 and closes on 20th Sep 2022. The issue structure includes a fresh issue of ₹30.67 crore. The current listing schedule points to 27th Sep 2022.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹36.60 Cr
Fresh issue₹30.67 Cr
Face value₹10
Price band—–—
Allotment23rd Sep 2022
Listing27th Sep 2022
Listing performance
Full performance ↗Issue price₹122.00
Listing price₹131.00
Current price—
Listing gain7.38%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹4.00
GMP / upper priceNO DATA
Est. listing₹126.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Sep 2022
Closes20th Sep 2022
Allotment23rd Sep 2022
Refund26th Sep 2022
Demat27th Sep 2022
Listing27th Sep 2022
Subscription demand
Full bidding ↗Total5.46×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Setting up 3 Nos. Containerized Edge Data Centres | ₹23.40 Cr |
| Rollout of 3 Edmission flagship Digital Learning Centres | ₹8.40 Cr |
| General Corporate Purpose | ₹8.59 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue35.35₹ Cr · +741.7% vs prior year
PAT8.40₹ Cr · +190.7% vs prior year
Assets40.67₹ Cr · +388.2% vs prior year
Net Worth15.12₹ Cr · +362.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets8.33
Total Income4.20
Profit After Tax2.89
NET Worth3.27
Reserves and Surplus0.00
31 Mar 2022
Assets40.67
Total Income35.35
Profit After Tax8.40
NET Worth15.12
Reserves and Surplus8.77
KPIs
| KPI |
|---|
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS23.81
Pre-IPO P/E14.59
Promoter holding pre100%
Promoter holding post63.19%
Market cap₹122.63 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Varanium Cloud IPO | — | 14.59 x | — | — |
| ENS Enterprises IPO | — | 14.89 x | — | — |
| Mobilise App IPO | — | 14.25 x | — | — |
| Methodhub Software IPO | — | 17.67 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Payment to Merchant Banker including, underwriting and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | ₹2.55 Cr |
| Advertising and marketing expenses | ₹0.35 Cr |
| Printing and stationery expenses, distribution and postage | ₹0.14 Cr |
| Regulatory and other expenses including Listing Fee | ₹0.10 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- First Overseas Capital Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
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