FY26
Assets1,509.87
Net Worth796.88
Total Debt357.95
RevenueAnnualised basis151.24
EBITDAAnnualised basis221.56
PATAnnualised basis55.09
EBITDA Margin (%)146.50
At a glance
Updated 2026-09-28 16:23:40Varmora Granito is an IPO with an issue size of ₹1,096.04 crore, proposed for listing on NSE EMERGE. The offer opens on 22 Sep 2026 and closes on 24 Sep 2026. The current listing schedule points to 29 Sep 2026.
Issue details
Listing atNSE EMERGE
Issue size₹1,096.04 Cr
Price band₹140.00–₹140.00
Allotment25 Sep 2026
Listing29 Sep 2026
Grey market
GMP page ↗Latest GMP₹19.00
GMP / upper price13.57%
Est. listing₹153.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22 Sep 2026
Closes24 Sep 2026
Allotment25 Sep 2026
Listing29 Sep 2026
Subscription demand
Full bidding ↗QIB0.00×
sHNI0.02×
bHNI0.00×
NII / HNI0.00×
Retail0.04×
Total1.58×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 101 | ₹14,948 |
| Retail (Max) | 13 | 1313 | ₹194,324 |
| S-HNI (Min) | 14 | 1414 | ₹209,272 |
| S-HNI (Max) | 66 | 6666 | ₹986,568 |
| B-HNI (Min) | 67 | 6767 | ₹1,001,516 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/ pre-payment, in full or in part, of all or certain outstanding borrowings | ₹320.00 Cr |
| General corporate purposes | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets1,264.20₹ Cr · -14.4% vs prior year
Net Worth651.38₹ Cr · -5.3% vs prior year
FY25
Assets1,589.80
Net Worth732.05
Total Debt505.15
RevenueAnnualised basis1,446.03
EBITDAAnnualised basis198.29
PATAnnualised basis30.77
EBITDA Margin (%)13.71
FY24
Assets1,476.16
Net Worth687.74
Total Debt412.88
RevenueAnnualised basis1,435.48
EBITDAAnnualised basis150.33
PATAnnualised basis44.93
EBITDA Margin (%)10.47
FY23
Assets1,264.20
Net Worth651.38
Total Debt267.65
RevenueAnnualised basis1,334.95
EBITDAAnnualised basis180.68
PATAnnualised basis5.06
EBITDA Margin (%)13.53
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Varmora Granito IPO | — | 59.92 x | — | — |
| Exxaro Tiles IPO | — | 35.29 x | — | — |
| Asian Granito IPO | — | 6.50 x | — | — |
| Oriental Trimex IPO | — | 7.52 x | — | — |
Registrar & lead managers
Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-28 16:23:40.
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