Mumbai, Maharashtra, 18th of September, 2026 : Varmora Granito Limited’s much-awaited Initial Public Offering (IPO) is set to open on Tuesday, September 22, 2026. The company has fixed the price band for the IPO at ₹140 to ₹148 per equity share. The issue will close on September 24, while bidding for anchor investors will open on September 21.
Investors will be able to bid for a minimum of 101 equity shares and thereafter in multiples of 101 shares. The company’s IPO comprises a fresh issue of equity shares aggregating up to ₹3,200 crore. In addition, the offer includes an Offer for Sale (OFS) of up to 2,62,17,634 equity shares by Cutsura Investments.
Following the IPO, the equity shares of Varmora Granito are proposed to be listed on both the BSE and NSE, with NSE designated as the designated stock exchange.
The company is offering the shares through the Book Building Process.
If you want, I can also make this into a more newspaper-style English IPO report with a sharper headline and market-focused language.
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