Varmora Granito IPO
LiveQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Varmora Granito IPO Details
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Bidding Date
22-Sep-2026 to
24-Sep-2026 -
Issue Size
₹708.02 Cr
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Price Band
₹140 to ₹148
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Allotment date
25-Sep-2026
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Listing date
To be updated
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Lot size
101
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No. of shares
4,78,39,255
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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
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Category
Status
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QIBs
--
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NIIs
--
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Retail
0.1x
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Others
--
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Total
0.1x
FAQs for Varmora Granito IPO.
What is the issue size of Varmora Granito IPO?
The issue size of Varmora Granito is ₹708.02 Cr.
What is the industry of Varmora Granito?
Varmora Granito falls into Building Products industry.
What are the open and close dates for the Varmora Granito IPO?
The open and close dates for the Varmora Granito are 22-Sep-2026 & 24-Sep-2026.
What are the price band for Varmora Granito IPO?
The price band for the Varmora Granito ipo is ₹140 to ₹148
What is the purpose for the Varmora Granito IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Varmora Granito IPO subscribed?
Varmora Granito total subscription ratio is 0.1X.
What are the key financials for the Varmora Granito IPO?
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 |