Incorporated in Dec 2017, Varanium Cloud Limited is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services.
Varanium Cloud Business Verticles
- Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments;
- Online payment facilitation services (PayFac);
- Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under the Edmission brand;
- Provision of information technology-related services to startups and SMEs to help them transition their business to digital platforms and manage the relevant infrastructure on an IaaS (Infrastructure As A Service) model.
Varanium Cloud IPO Review :
Varanium Cloud IPO Date & Price Band :
IPO Open: | Sep 16, 2022 |
IPO Close: | Sep 20, 2022 |
IPO Size: | ₹36.60 Crores |
Price Band: | ₹122 per share |
Listing on: | NSE SME |
Retail Portion: | 50% |
Equity: | 3,000,000 shares |
Face Value: | ₹10 per share |
Varanium Cloud IPO Market Lot:
- Shares: Minimum 1000 shares
- Minimum Amount: ₹122,000
- Maximum Amount: ₹122,000
Varanium Cloud IPO Allotment & Listing:
- Basis of Allotment: Sep 23, 2022
- Refunds: Sep 26, 2022
- Credit to Demat accounts: Sep 27, 2022
- Listing: Sep 28, 2022
Varanium Cloud IPO Form Download:
How to apply Varanium Cloud IPO? You can apply Varanium Cloud IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Varanium Cloud IPO in the Invest section. The other option you can apply Varanium Cloud IPO via IPO forms download via the NSE website. Check out the Varanium Cloud forms – click NSE IPO Forms download
, fill and submit in your bank or with your broker.
Varanium Cloud Financial:
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-20 | 765.39 | 12.44 | -148.9 |
31-Mar-21 | 833.09 | 419.51 | 289.25 |
31-Mar-22 | 4066.68 | 3535.21 | 840.19 |
Peer Group
- Info Edge India Limited
- Infibeam Avenues Limited
- Tanla Platforms Limited
- Route Mobile Limited
Company Promoters
- Harshawardhan Hanmant Sabale
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
Varanium Cloud IPO Registrar
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Varanium Cloud IPO Lead Managers:
- First Overseas Capital Limited (Past IPO Performance)
Company Address:
Varanium Cloud Limited
Third Floor, Plot No. 244-A RDP 2, CTS 1374/B
Vill, Versova SVP Nagar, Four Bungalows
Mumbai- 400053
Phone: +91 22 2632 5683
Email: [email protected]
Website: https://varanium.cloud/
What is Varanium Cloud IPO Open Date for QIB, NII, and Retail?
Varanium Cloud IPO will open on Sep 16, 2022
Varanium Cloud IPO Size?
Varanium Cloud IPO size is Approx ₹36.60 Crores
Varanium Cloud IPO Price Band?
Varanium Cloud IPO Price Band is ₹122 per share
Varanium Cloud IPO Minimum Lot Size?
The minimum bid is 1000 Shares with a ₹122,000 shares
What is Varanium Cloud IPO Allotment Date?
Varanium Cloud IPO allotment date is Sep 23, 2022
What is Varanium Cloud IPO Listing Date?
Varanium Cloud IPO listing date is Sep 28, 2022. The IPO is to list on BSE and NSE.