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Varyaa Creations Limited

Varyaa Creations Limited

listed
₹1.50LMin. investment

Varyaa Creations Limited IPO Details

Price range₹150 – ₹150
IPO type
SME
Lot size1000 shares
Issue size₹20.1Cr

Varyaa Creations Limited Timeline

  1. Bid start
    22 Apr 2024
  2. Bid end
    25 Apr 2024
  3. Allotment
    24 Apr 2024
  4. Release of funds
    29 Apr 2024
  5. Demat transfer
    26 Apr 2024
  6. Listing
    30 Apr 2024

About  Varyaa Creations Limited

Incorporated in July 2005, Varyaa Creations is engaged in the business of wholesale trading of gold, silver, precious stone, semi-precious stone. The company also intends to focus on manufacturing and selling of jewellery & they manufacture its jewellery through job work located in Mumbai. Currently their entire sales happen from their registered office only. However, they intend to start selling products through their website.i.e. www.baubleberry.com.In coming few years, the company shall be earning its revenues not only from bullion trading but also by selling products through offline market and online market.
The major raw material used for making our products is gold, precious stones, gemstones, semi-precious stone, silver etc. which is further provided to the job worker who manufactures the jewellery for us. The job worker manufactures the products as per design and pattern given by the company. Designing of the products are done in-house.They get their products manufactured based on the orders basis and as and when need basis.Their jewellery is widely sold through B2B and B2C platform.
Their  product portfolio includes Necklace, Earring, Tops, Ring, Bracelet, Bangles, Gemstones, Diamonds, Lab Grown diamonds, Pearls. Recognising the growing demand for ethically sourced diamonds, they have recently expanded their  portfolio to include Lab Grown Diamonds. They endeavour to maintain the finishing and quality of our jewellery by ensuring control quality, timely delivery and competitive prices.
As Varyaa Creations Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1. To finance the establishment of new showroom
  •  a) Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom.
  • b) Purchase of Inventory.
  1. General Corporate Purpose
Here are key details about the Varyaa Creations Limited IPO:
Company NameVaryaa Creations Limited Varyaa Creations Limited IPO Opening DateApril 22, 2024
Company Established On2005Varyaa Creations Limited IPO Price band₹150 per share

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Varyaa Creations Limited Contact Details

Company NameVaryaa Creations Limited

How to apply for Varyaa Creations Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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