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Varmora Granito IPO: price band, dates, lot size and GMP note

Janooji

Published 24 September 2026

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Varmora Granito’s IPO closes on 24 September 2026. The price band is ₹140–₹148, with a 101-share minimum bid worth ₹14,948 at the upper band.

Varmora Granito IPO at a glance

Varmora Granito’s initial public offering is open from 22 September to 24 September 2026. The price band is ₹140 to ₹148 per share.

  • Issue size: ₹708.02 crore
  • Fresh issue: ₹320 crore
  • Offer for sale: ₹388.02 crore
  • Lot size: 101 shares
  • Minimum investment at the upper price band: ₹14,948

Important dates

  • IPO opens: 22 September 2026
  • IPO closes: 24 September 2026
  • Tentative allotment: 25 September 2026
  • Expected listing: 29 September 2026 on BSE and NSE

Dates can change. Check the final offer documents, registrar and exchange notices before acting.

What about Varmora Granito IPO GMP?

GMP means grey market premium. It is an unofficial, unregulated market indicator and is not part of the IPO’s official price discovery. GMP can change quickly and does not guarantee a listing price or investment return.

What is the money being raised for?

Reports say the IPO includes a ₹320 crore fresh issue and an offer for sale of ₹388.02 crore. The fresh-issue proceeds are intended mainly for reducing subsidiary borrowings and general corporate purposes.

Important note

IPO investing carries risk. This page is for information, not a recommendation to apply, hold or sell.

Questions people also ask

What is the Varmora Granito IPO price band?

The price band is ₹140 to ₹148 per share.

What is the minimum investment in the Varmora Granito IPO?

One lot is 101 shares. At the upper price band of ₹148, that is ₹14,948 before any applicable charges.

When does the Varmora Granito IPO close?

It closes on 24 September 2026, subject to the official schedule.

Is GMP an official IPO price?

No. GMP is an unofficial grey-market indicator and does not guarantee the listing price or returns.

Sources

  • Financial Express (opens in a new tab) · Other

    Varmora Granito IPO bidding begins: issue size, price band and dates

    Accessed 24 September 2026

  • Kotak Neo (opens in a new tab) · Other

    Varmora Granito IPO: issue details and dates

    Accessed 24 September 2026

  • SEBI (opens in a new tab) · Official

    Securities and Exchange Board of India

    Accessed 24 September 2026