FY25
Assets1,589.80
Net Worth732.05
Total Debt505.15
RevenueAnnualised basis1,446.03
EBITDAAnnualised basis198.29
PATAnnualised basis30.77
EBITDA Margin (%)13.71
At a glance
Updated 2026-09-20 16:40:33Varmora Granito is an IPO with an issue size of ₹1,096.04 crore, proposed for listing on NSE EMERGE. The offer opens on 22 Sep 2026 and closes on 24 Sep 2026.
Issue details
Listing atNSE EMERGE
Issue size₹1,096.04 Cr
Price band₹140.00–₹140.00
Grey market
GMP page ↗Latest GMP₹15.00
GMP / upper price10.71%
Est. listing₹163.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22 Sep 2026
Closes24 Sep 2026
Subscription demand
Full bidding ↗PENDINGBidding has not started yet.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/ pre-payment, in full or in part, of all or certain outstanding borrowings | ₹320.00 Cr |
| General corporate purposes | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets1,264.20₹ Cr · -14.4% vs prior year
Net Worth651.38₹ Cr · -5.3% vs prior year
FY24
Assets1,476.16
Net Worth687.74
Total Debt412.88
RevenueAnnualised basis1,435.48
EBITDAAnnualised basis150.33
PATAnnualised basis44.93
EBITDA Margin (%)10.47
FY23
Assets1,264.20
Net Worth651.38
Total Debt267.65
RevenueAnnualised basis1,334.95
EBITDAAnnualised basis180.68
PATAnnualised basis5.06
EBITDA Margin (%)13.53
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Varmora Granito IPO | — | 59.92 x | — | — |
| Exxaro Tiles IPO | — | 35.29 x | — | — |
| Asian Granito IPO | — | 6.50 x | — | — |
| Oriental Trimex IPO | — | 7.52 x | — | — |
Registrar & lead managers
Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-20 16:40:33.
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