CoinWhisperer
V
Opens in 5dMainboard

Varmora Granito

Open
22 Sep
2026
Close
24 Sep
2026
Allotment
25 Sep
2026
Listing
29 Sep
2026
Price band
₹140.00-148.00
Issue size
₹708.02 Cr
GMP
+₹10 (+6.76%)
Subscription
GMP history
+6.8%17 Sep17 Sep17 Sep 04:00: +0.0%17 Sep 05:00: +0.0%17 Sep 06:00: +0.0%17 Sep 07:00: +0.0%17 Sep 08:00: +0.0%17 Sep 09:00: +0.0%17 Sep 10:00: +0.0%17 Sep 11:00: +0.0%17 Sep 12:00: +0.0%17 Sep 13:00: +0.0%17 Sep 14:00: +0.0%17 Sep 15:00: +0.0%17 Sep 16:00: +0.0%17 Sep 17:00: +0.0%17 Sep 18:00: +6.8%

Grey-market premium (% of issue price) since we began tracking this IPO. GMP is unofficial and volatile.

Issue breakup
● Fresh issue 45%● OFS 55%
₹320 Cr fresh · ₹388 Cr OFS. Fresh issue raises new capital for the company; OFS is existing shareholders selling their stake.
Lot size
ApplicationLotsSharesAmount
Retail (Min)1101₹14,948
Retail (Max)131313₹1,94,324
S-HNI (Min)141414₹2,09,272
S-HNI (Max)666666₹9,86,568
B-HNI (Min)676767₹10,01,516
Registrar
KFin Technologies
Handles share allotment, refunds and the demat credit for this IPO.
Allotment status page →
About the company

Updated on Sep 17, 2026 Varmora Granito Limited, incorporated in 2003, manufactures and markets ceramic and vitrified tiles, including Glazed Vitrified Tiles (GVT), Polished Vitrified Tiles (PVT) and ceramic tiles. The company focuses on premium, technology-driven products, with GVT and technical tiles accounting for around 84% of its tile revenue in Fiscal 2026. The company operates eight manufacturing facilities in the Morbi cluster of Gujarat, with 81.72% of its revenue in Fiscal 2026 generated from in-house manufactured products. It has also adopted Integrated Stone Technology (IST) through a technology partnership with Italy-based SACMI, supporting its focus on innovative and premium tile products. Varmora has a wide distribution network comprising 305 exclusive brand outlets and 2,758 multi-brand outlets across India and overseas, along with B2B sales to builders, contractors, developers and government entities.

View full details →

Aggregated by CoinWhisperer for convenience. Figures (GMP, subscription, price band) can change and may be delayed — always verify on the official source and with your broker before applying. Do your own research.

← More IPOs on CoinWhisperer

Guides · About · Privacy · Terms · Contact · LinkedIn · Sign in