Varmora Granito Limited IPO Allotment Status

Varmora Granito Limited is a book-built mainboard IPO of ₹708.02 crores. The issue is a combination of fresh issue of 2.16 crore shares aggregating to ₹320.00 crores and offer for sale of 2.62 crore shares aggregating to ₹388.02 crores.
The price band for the IPO issue is ₹140–₹148 per equity share. The bidding window opened on September 22, 2026, and closes today, September 24, 2026.
The basis of allotment is expected to be finalised on September 25, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 28, 2026, while the shares are scheduled to list on BSE and NSE on September 29, 2026.
The IPO has a market lot of 101 shares. At the upper price band, one lot costs ₹14,948. Retail investors can apply for a minimum of one lot.
Investors can check Varmora Granito IPO allotment status after the basis of allotment is finalised through KFin Technologies, the registrar to the issue, or through the BSE/NSE IPO-status facilities.
How to Check Varmora Granito IPO Allotment Status Online on BSE?
- Visit the BSE IPO application-status page.
- Select “Mainboard” (or Equity) under Issue Type, where applicable.
- Choose “Varmora Granito Limited” from the Issue Name dropdown after the allotment data is published.
- Enter your PAN or Application Number.
- Complete the captcha or other verification, where applicable.
- Click on Submit or Search to view your application and allotment status.
How to Check Varmora Granito IPO Allotment Status Online on NSE?
- Visit the NSE IPO bid-verification/application-status page.
- Select “Mainboard” (or Equity) under Issue Type, where applicable.
- Choose “Varmora Granito Limited” from the Issue Name dropdown after the allotment data is published.
- Enter your PAN or Application Number.
- Complete the captcha or other verification, where applicable.
- Click on Submit or Search to view your application and allotment status.
How to Check Varmora Granito IPO Allotment Status on the Registrar’s Website?
- Visit the official KFin Technologies IPO allotment-status website.
- Select “Varmora Granito Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
- Choose PAN, Application Number or DP ID/Client ID as the search method.
- Enter the required details.
- Complete the captcha verification.
- Click on Submit or Search to view your allotment result.
Varmora Granito IPO Details
Varmora Granito Limited is a book-built mainboard IPO of ₹708.02 crores. The issue is a combination of fresh issue of 2.16 crore shares aggregating to ₹320.00 crores and offer for sale of 2.62 crore shares aggregating to ₹388.02 crores.
Varmora Granito’s IPO is priced in the range of ₹140–₹148 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on both BSE and NSE.
The IPO opened on September 22, 2026, and closes on September 24, 2026. The basis of allotment is expected on September 25, 2026, refunds and demat credits are expected on September 28, 2026, and the shares are scheduled to list on BSE and NSE on September 29, 2026.
The market lot comprises 101 shares, requiring ₹14,948 at the upper price band. Retail investors can apply for one or more lots in permitted multiples.
Allocation Quota for Varmora Granito IPO
| Investor Category | Shares | % of Total Issue | Max Allottees |
| QIB | 2,39,19,428 | 50.00% | NA |
| - Anchor Investor | 1,43,51,775 | 30.00% | NA |
| - QIB (Ex. Anchor) | 95,67,653 | 20.00% | NA |
| NII (HNI) | 71,75,828 | 15.00% | NA |
| - bNII > ₹10L | 47,83,886 | 10.00% | 3,383 |
| - sNII < ₹10L | 23,91,943 | 5.00% | 1,691 |
| Retail | 1,67,43,599 | 35.00% | 1,65,778 |
| Total | 4,78,38,855 | 100.00% |
Note: The final category-wise allocation and subscription will be confirmed in the basis-of-allotment document published by KFin Technologies.
Varmora Granito IPO – Overall Subscription Status
As of the latest available update on September 24, 2026, at 6:53:35 PM (Day 3), the Varmora Granito IPO was subscribed 1.60 times overall. The non-institutional investor (NII) category was subscribed 0.94 times, the QIB (Ex Anchor) category 3.10 times, and the retail category 1.02 times. These figures may change slightly following exchange reconciliation after the issue closes.
| Category | Subscription (x) | Shares Offered* | Shares bid for | Total Amount* (₹ Crore) |
| Anchor | 1 | 1,43,51,775 | 1,43,51,775 | 212.406 |
| QIB (Ex Anchor) | 3.10 | 95,67,653 | 2,96,22,290 | 438.410 |
| NII | 0.94 | 71,75,828 | 67,70,838 | 100.208 |
| bNII (> ₹10L) | 0.94 | 47,83,886 | 45,18,437 | 66.873 |
| ️ sNII (< ₹10L) | 0.94 | 23,91,943 | 22,52,401 | 33.336 |
| Retail | 1.02 | 1,67,43,599 | 1,70,92,735 | 252.972 |
| Total ** | 1.60 | 3,34,87,080 | 5,34,85,863 | 791.591 |
Note:"Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
The portion of anchor investors (or market makers) is not included in the total number of shares offered.
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Varmora Granito Business Overview
Varmora Granito is a Gujarat-based manufacturer of ceramic and vitrified tiles. Investors should review the red herring prospectus for detailed information on product mix, capacity, customer profile, raw-material exposure, energy costs, export/domestic mix, financial performance, capex plans, sector risks and valuation.
Varmora Granito IPO allotment status is expected to be available on September 25, 2026, after approval of the basis of allotment. Investors should check KFin Technologies or BSE/NSE using their PAN, application number or DP ID/Client ID.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Sep 24, 2026, 8:04 PM IST

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