MUMBAI, 24 September 2026 — Varmora Granito Limited reaches its scheduled IPO closing day today. The last timestamped issuer-detail response showed 9,166,861 bid shares against 33,902,899 offered shares on September 23 at 5 p.m. IST, equivalent to 0.27 times.
Verified details
| Company | Varmora Granito Limited |
|---|---|
| Application window | 22-Sep-2026 to 24-Sep-2026 |
| Price band | Rs. 140 to Rs. 148 per Equity Share |
| Quoted lot unit | 101 Equity Shares and in multiples thereof |
| Registrar | KFin Technologies Limited |
| Demand data timestamp | 23-Sep-2026 17:00:00 IST |
Retail coverage is ahead, but the book is unfinished
Retail demand was approximately 0.40 times, versus about 0.17 times for non-institutional investors and 0.11 times for qualified institutional buyers. These values describe the previous evening, not the closing result. New applications, validation and bid changes during the final session can alter both the total and category composition.
Two components behind the offer
The issue-detail record describes ₹320 crore of fresh issuance and up to 26,217,634 shares in an offer for sale. At ₹148, the OFS quantity implies approximately ₹388.021 crore, making approximately ₹708.021 crore combined with the fresh amount. That is upper-band arithmetic before costs, not confirmed final proceeds. The secondary-sale portion does not flow to the company as fresh capital.
Closing-day checklist
The band is ₹140–₹148 and the lot is 101 shares, valued at ₹14,948 at the upper endpoint. KFin Technologies is registrar. Applicants need to check their broker’s order cut-off and confirm the payment mandate on time; an order screen alone is not proof of allotment. CapKet used the explicitly timed detail record instead of the older 0.19-times general feed and makes no claim that final subscription is already known.
Source check: CapKet retrieved the linked exchange records at approximately 00:57 IST on 24 September 2026. Event dates and source update times are distinguished from this publication date. Later corrections may change the official record.
Disclosure: AI-assisted, independently written reporting from attributed public records; no independent human review is claimed. This is general information, not an investment recommendation. No listing return, dividend receipt or buyback acceptance is guaranteed.