Varmora Granito IPO GMP

Varmora Granito IPO GMP Today, 20 September 2026

Varmora Granito IPO GMP today is ₹14. The latest grey market premium for the Varmora Granito IPO is reported at ₹14 on 20 September 2026.

The Varmora Granito IPO price band has been fixed at ₹140 to ₹148 per share. Using the upper price band of ₹148 and the current GMP of ₹14, the estimated listing price works out to ₹162 per share.

At a GMP of ₹14, the indicative listing gain is approximately 9.46% over the upper IPO price of ₹148.

Varmora Granito IPO is scheduled to open for subscription on 22 September 2026 and close on 24 September 2026. The tentative listing date is 29 September 2026.

The IPO is a book-building issue comprising a fresh issue and an offer for sale. The total issue size is approximately ₹708.02 crore.

The current GMP of ₹14 is an unofficial grey-market indication. GMP may change before listing depending on market conditions, demand and grey-market activity.

GMP is not an official price indicator and does not guarantee the actual Varmora Granito IPO listing price.

Varmora Granito IPO Expected Listing Price

Varmora Granito IPO GMP Trend

Varmora Granito IPO GMP is currently reported at ₹14 as of 20 September 2026.

The latest GMP has increased by ₹2 from ₹12 on 19 September 2026. At the current GMP, the estimated listing price is ₹162 per share.

* Estimated listing price is calculated by adding the reported GMP to the IPO upper price band. Estimated profit per lot is calculated as GMP × lot size. Latest calculation: ₹14 × 101 shares = ₹1,414. GMP-based figures are indicative and may differ from the actual listing price.

Varmora Granito IPO Details

Varmora Granito IPO GMP Profit Estimate

Based on the latest GMP of ₹14 and the upper IPO price of ₹148, the estimated listing price is ₹162 per share.

If the GMP remains at ₹14 until listing, one lot of 101 shares would indicate an estimated GMP-based gain of approximately ₹1,414.

Varmora Granito IPO GMP Update

What Is Varmora Granito IPO GMP?

IPO GMP means Initial Public Offering Grey Market Premium. It refers to the premium at which an IPO may be informally traded in the grey market before the shares begin trading on the stock exchange.

A positive GMP can indicate that grey-market participants are indicating a price above the IPO issue price. However, grey-market activity is unofficial and the premium can change based on demand, market sentiment and other factors.

The actual Varmora Granito IPO listing price may be higher or lower than the GMP-based estimate. Investors should not use GMP alone as the basis for an investment decision.

Varmora Granito Company Overview

Varmora Granito Limited was incorporated in 2003 and is engaged in the manufacturing, marketing and distribution of ceramic and vitrified tiles and related surface products.

The company’s product portfolio includes glazed vitrified tiles, polished vitrified tiles and ceramic tiles. The company has manufacturing operations in the Morbi cluster of Gujarat.

According to published IPO information, the company has also expanded its manufacturing capabilities through greenfield plants and has businesses covering tiles, bathware and related products.

The IPO proceeds include a fresh issue component intended partly for repayment or pre-payment of certain outstanding borrowings, along with general corporate purposes.

Varmora Granito IPO Key Details

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