Varyaa Creations IPO Details Today, GMP Price, Date, Review

Varyaa Creation IPO Allotment Status Online

Varyaa Creations IPO Details Today: Varyaa Creations IPO is Open on 22 April 2024 and Close on 25 April 2024. Emmforce Autotech IPO to Raise 1,340,000 shares (Apporx ₹20.10 Cr). via IPO. The Fresh Issue of 1,340,000 shares (Apporx ₹20.10 Cr).


Varyaa Creations incorporated as Kalgi India Private Limited on July 14, 2005 – Varyaa Creations is engaged in the business of wholesale trading of gold, silver, precious stone, semi-precious stone. Apart from the above, from this financial year onwards, our company also intends to focus on manufacturing and selling of jewellery ‘s. Our company manufactures its jewellery through job worker located in Mumbai. Our jewellery is widely sold through B2B and B2C platform. We also sell customized jewellery to customers.


Varyaa Creations product portfolio includes Necklace, Earring, Tops, Ring, Bracelet, Bangles, Gemstones, Diamonds, Lab Grown diamonds, Pearls and we also make customized jewelleries as per customer’s needs. Recognising the growing demand for ethically sourced diamonds, we have recently expanded our portfolio to include Lab Grown Diamonds.


Our Company online platform Accessible at and to sell its Products online Platform .


Varyaa Creations Date & Price Band Details

IPO Open Date 22 April 2024
IPO Close Date 25 April 2024
IPO Size 1,340,000 shares (Apporx ₹20.10 Cr)
Fresh Issue 1,340,000 shares (Apporx ₹20.10 Cr)
Lot Size 1000 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹150 Per Every Share
IPO Listing On BSE SME
IPO Retail Quota 50%
IPO QIB Quota -%
IPO NII Quota 50%
DRHP Draft Click Here
Anchor Investor Click Here


Varyaa Creations IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹150,000
Retail Maximum 1 1000 ₹150,000
S-HNI Minimum 2 2000 ₹300,000


Objects of Issue

  1.  To finance the establishment of new showroom
  2.  Capital expenditure cost for the proposed new showroom and Purchase of Inventory for the proposed new showroom.
  3.  Purchase of Inventory .
  4.  General Corporate Purposes.


Varyaa Creations IPO Allotment & Listing Date (Details)

IPO Open Date 22 April 2024
IPO Close Date 25 April 2024
Basis of Allotment 26 April 2024
Refunds 29 April 2024
Credit to Demat Account 29 April 2024
IPO Listing Date 30April 2024


Varyaa Creations Financial Reports

₹ in Crores
Year Revenue Expense PAT
Dec 2023 ₹17.62 ₹12.93 ₹3.51
2023 ₹5.38 ₹4.28 ₹0.79
2022 ₹2.53 ₹1.95 ₹0.58
2021 ₹0.12 ₹0.25 ₹0.13


Our Company Promoter

  1. Mrs. Pooja Vineet Naheta
  2. Mrs. Sarika Amit Naheta


Varyaa Creations Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per
Varyaa Creations Limited 10.00 52.62 2.85 132.75 3.78
Peer Group
PNGS Gargi Fashion Jewellery Ltd 10.00 10.20 9.44 22.78 13.19
Ashapuri Gold Ornament Ltd 1.00 0.71 10.14 2.61 0.32


Comparison with Industry Peers

  • Varyaa Creations Limited 
  • PNGS Gargi Fashion Jewellery Ltd
  • Ashapuri Gold Ornament Ltd 


Varyaa Creations Company Contact Details

11, Floor-3rd, Plot 5/1721, Kailash Darshan, Jagannath Shankarseth Marg, Kennedy
Bridge, Gamdevi, Grant Road, Mumbai- 400007, Maharashtra, India
Tel No. : +91 9920558483
Email Id :
Website :
Contact Person : Ms. Akshita Agrawal


Varyaa Creations IPO Registar

Address : Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East), Mumbai – 400093, Maharashtra, India
Tel No. : +91 22 62638200
Email Id :
Investor grievance e-mail :
Contact Person : Mr. Asif Sayeed
Website :

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