open
VARMORA GRVarmora Granito IPO
Varmora Granito, founded in 2003, is one of the leading manufacturers of ceramic and vitrified tiles. Its product portfolio consists of a diverse range of tiles across various formats such as glazed vitrified tiles (GVT), polished vitrified tiles (PVT), and ceramic tiles. The firm operates its business through a multi-channel network that consists of B2C and B2B models. Its product portfolio consists of over 3500 products.
Advertisement (Slot: header)
Price Band
🔴
Lot Size
0 Shares
Issue Size
Approx ₹708.02 Crores
Current GMP
₹1 (Sep 29)
IPO Timeline
Open DateSeptember 29, 2026
Close DateSeptember 29, 2026
Basis of AllotmentTBA
Listing DateSeptember 17, 2026
Subscription Status
Overall subscription
Promoters
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 106,311,980 | 52.01% | 53,876,712 | 23.84% |
| Others* | 98,078,223 | 47.99% | 172,135,112 | 76.16% |
| Total | 204,390,203 | 100% | 226,011,824 | 100% |
Objects of the Issue
- JM Financial Ltd.
- Goldman Sachs (India) Securities Pvt.Ltd.
- SBI Capital Markets Ltd.