Varmora Granito IPO listed +4.7%
Varmora Granito IPO price band is ₹140 to ₹148 per share with a lot size of 101 shares, so one lot costs ₹14,948 at the upper band. Bidding opened on 22 September 2026 and closed on 24 September 2026. The issue was subscribed 0.97 times overall as of 24-Sep-2026 19:00:16 IST. It listed on 29 September 2026 at ₹155.00 against an issue price of ₹148.00, and closed day one at ₹152.19 (+2.8%).
IPO data from NSE. Last updated 09:37 IST, 4 Oct 2026. Source and method
Price band
₹140 to ₹148
Final price ₹148.00
Lot size
101
shares per lot
1 lot at upper band
₹14,948
Mainboard
Listing gain (open)
+4.7%
+₹7.00
Varmora Granito IPO dates
- 22 Sep 2026Bidding opens
- 24 Sep 2026Bidding closes
- 29 Sep 2026Listing on exchange
Dates as published by NSE.
Issue details
- Company
- Varmora Granito
- NSE symbol
- VARMORA
- Board
- Mainboard
- Issue type
- Book Building
- Price band
- ₹140 to ₹148
- Face value
- Rs. 2
- Industry
- Ceramics
- Registrar
- KFin Technologies Limited
- Lead manager
- JM Financial Limited, Goldman Sachs (India) Securities Private Limited and SBI Capital Markets Limited
- ISIN
- INE0M5301040
Offer structure as filed: Initial Public offering comprising of fresh issue of aggregating up to Rs. 3,200.00 million and Offer for sale up to 26,217,634 Equity shares (including Anchor portion of 1,43,51,775 Equity Shares)
Lot size and minimum investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail, minimum | 1 | 101 | ₹14,948 |
| Retail, maximum | 13 | 1,313 | ₹1,94,324 |
| Small HNI (sNII), minimum | 14 | 1,414 | ₹2,09,272 |
| Small HNI (sNII), maximum | 66 | 6,666 | ₹9,86,568 |
| Big HNI (bNII), minimum | 67 | 6,767 | ₹10,01,516 |
Varmora Granito IPO subscription status
Category-wise bids on NSE, as of 24-Sep-2026 19:00:16 IST. Fetched 07:02 IST, 4 Oct 2026.
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIBQualified Institutional Buyers(QIBs) | 93,65,510 | 1,59,93,855 | 1.71x | |
| NIINon Institutional Investors | 73,61,217 | 55,15,105 | 0.75x | |
| bNIINon Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 49,07,478 | 39,68,088 | 0.81x | |
| sNIINon Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 24,53,739 | 15,47,017 | 0.63x | |
| RetailRetail Individual Investors(RIIs) | 1,71,76,172 | 1,14,62,692 | 0.67x | |
| Total | 3,39,02,899 | 3,29,71,652 | 0.97x |
Day by day (our snapshots)
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Sun, 4 Oct 2026 | 1.71x | 0.75x | 0.67x | 0.97x |
Varmora Granito listing day result
| Listing day (29 Sep 2026) | Price | Vs issue price ₹148.00 |
|---|---|---|
| Open (listing price) | ₹155.00 | +4.73% |
| High | ₹163.77 | +10.66% |
| Low | ₹148.10 | +0.07% |
| Close | ₹152.19 | +2.83% |
| Latest close (1 Oct 2026) | ₹134.30 | -9.26% |
NSE end of day data, series EQ. Volume on listing day: 5,16,33,016 shares, 36.37% delivered.
Varmora Granito IPO allotment status
The registrar for this issue is KFin Technologies. Check allotment on its official page by choosing "Varmora Granito" and entering your PAN, application number or DP/client ID.
Official pages ask for a captcha; we only link to them. Shares are credited to your demat account and blocked money is released for unallotted bids as per the schedule in the prospectus.
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Frequently asked questions
What is the price band of Varmora Granito IPO?
Varmora Granito IPO price band is ₹140 to ₹148 per share and the final issue price is ₹148.00, as published by NSE.
What is the lot size and minimum investment?
One lot is 101 shares, which costs ₹14,948 at the upper price band of ₹148.00.
When does Varmora Granito IPO open and close?
Bidding opened on 22 September 2026 and closed on 24 September 2026. Listing date: 29 September 2026.
How many times is Varmora Granito IPO subscribed?
It was subscribed 0.97 times overall as of 24-Sep-2026 19:00:16 IST, according to NSE.
What was the listing gain of Varmora Granito IPO?
It opened at ₹155.00 on 29 September 2026, +4.7% against the issue price of ₹148.00, and closed the day at ₹152.19 (+2.8%).
How do I check Varmora Granito IPO allotment status?
Use the KFin Technologies allotment page or the NSE and BSE application status pages, linked above.
Information only, not investment advice. IPO dates, price band, lot size and subscription are taken from NSE's public IPO pages; listing prices from NSE's end of day bhavcopy. GMP (grey market premium) is an unregulated, informal indicator that can change quickly and is no guide to the actual listing price. Read the red herring prospectus and consult a SEBI registered adviser before investing.