Varmora Granito IPO subscribed 11%
Mumbai, Sept. 22 -- The initial public offer of Varmora Granito received bids for 37,24,375 shares as against 3,39,02,899 shares on offer, according to stock exchange data at 11:25 IST on 22 September 2026. The issue was subscribed 0.11 times.
The issue opened for bidding on 22 September 2026 and will close on 24 September 2026. The price band of the IPO is fixed between Rs 140 and 148 per share. An investor can bid for a minimum of 101 equity shares and multiples thereof.
The offer consists of both a fresh issue and an offer for sale component (OFS). The fresh issue will include 2,16,21,622 shares, aggregating up to Rs 320.0 crore at the upper price band of Rs 148. OFS includes 2,62,17,634 shares of Rs 2, aggregating up to Rs 388.0 cro...
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