IPO▲ Bullish for Indian equities

Varmora Granito lists at about 5% premium on NSE

3 sources · first seen 09:48 29 Sept · updated 10:00 29 Sept

The brief

Written from 3 reports · check the source before you trade

Shares debuted 4.73% above the IPO price on NSE and 2.70% on BSE
The positive debut offers an early signal of demand for Varmora Granito among IPO investors

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Varmora Granito4 today Varmora3 today NSE33 today BSE₹3,097.50 · 22 today

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Varmora Granito IPO and listing

Varmora Granito’s ₹708-crore IPO was subscribed 1.58 times, with bids for 5.34 crore shares against 3.39 crore on offer. Its grey-market premium had signalled a muted listing.

Tuesday, 29 September

09:483 sourcesYou are here
Varmora Granito lists at about 5% premium on NSE

Monday, 28 September

15:094 sources
Varmora Granito IPO subscribed 1.58 times ahead of listing

Thursday, 24 September

10:442 sources
Varmora Granito IPO draws 1.6x subscription as flat GMP points to muted listing
09:032 sources
Varmora Granito IPO closes with 1.58 times subscription

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Read the reports

3 reports · earliest 09:48

Business TodayVarmora Granito makes a positive stock market debut; shares list at 5% premium on NSE09:48 NDTV ProfitVarmora Granito Lists at 4.7% Premium on NSE Debut10:00 MoneycontrolVarmora Granito shares debut at 5% premium over IPO price on NSE; should you buy, sell or hold?10:00