Varmora Granito IPO

Listed Listed stocks

IPO Rating

Quality Score fund-quick-summary-circle

0/0

Growth Score fund-quick-summary-circle

0/0

Valuation Score fund-quick-summary-circle

0/0

Varmora Granito IPO Details

  • Bidding Date

    22-Sep-2026 to
    24-Sep-2026

  • Issue Size

    ₹708.02 Cr

  • Price Band

    ₹140 to ₹148

  • Allotment date

    25-Sep-2026

  • Listing date

    29-Sep-2026

  • Lot size

    101

  • No. of shares

    4,78,39,255

  • Fresh issue/OFS

    ₹320 Cr/₹388.02 Cr

About Varmora Granito Company

Varmora Granito, incorporated in Gujarat in 2003, has evolved from a ceramic- and vitrified-tile manufacturer into a broader building-materials company spanning tiles, bathware, sanitaryware, faucets, adhesives and related products. Its core business is the design, manufacture, marketing and distribution of ceramic and vitrified surfaces, including glazed vitrified tiles, polished vitrified tiles, digitally printed wall tiles, double-charge tiles, full-body slabs, kitchen slabs and large-format products, supported by more than 3,500 SKUs. The company’s expertise covers surface design, large-format and technical tile manufacturing, sanitary and bathware production, and multi-channel distribution; it has introduced digitally printed wall tiles, double-charge tiles and full-body slabs, and in 2024 commercialised marble-look vitrified products using Integrated Stone Technology developed with SACMI. Varmora serves residential and commercial customers through exclusive brand outlets and multi-brand retailers, while its B2B customers include builders, contractors, real-estate developers, institutional buyers and government procurement agencies; its products are distributed across India and exported to more than 85 countries. Its client-engagement approach combines broad, coordinated product offerings for complete interior and construction projects with showroom-led consultation and established distributor channels, helping customers address demands for design variety, durability, coordinated spaces, installation needs and increasingly differentiated, technology-enabled surface solutions.

Subscription Status

  • Category

    Status

  • QIBs

    0.1x

  • NIIs

    0.2x

  • Retail

    0.4x

  • Others

    --

  • Total

    0.3x

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IPO Monitor

FAQs for Varmora Granito IPO.

The issue size of Varmora Granito is ₹708.02 Cr.

Varmora Granito falls into Building Products industry.

The Varmora Granito IPO will be listed on both NSE and BSE.

The open and close dates for the Varmora Granito are 22-Sep-2026 & 24-Sep-2026.

The price band for the Varmora Granito ipo is ₹140 to ₹148

The listing date of Varmora Granito IPO is 29-Sep-2026.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Varmora Granito total subscription ratio is 0.3X.

Key financial of the Varmora Granito are:


Varmora Granito FY-26 FY-25 FY-24
Revenue (₹ Cr) 1512.46 1446.03 1435.48
EBIT (₹ Cr) 65.51 32.24 51.62
Proft after Tax (₹ Cr) 55.09 30.77 44.94
Debt (₹ Cr) 357.04 503.75 411.69
Net Worth (₹ Cr) 810.22 743.2 703.36
RoE (%) 6.8 4.14 6.39