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Varanium Cloud Ltd
Registered Office:
III Floor Plot No. 244-A RDP 2,CTS 1374/B Vill Versova SVP Ng, Mumbai - 400053, Maharashtra, India.
Email :  info@vrnm.com
Website :  www.vrnm.com
Public issue of 30,00,000* equity shares of face value of Rs. 10.00 each of Varanium Cloud Limited ("The Company" or "The Issuer") for cash at a price of Rs. 122 per equity share (including a share premium of Rs. 112 per equity share) ("Issue Price") aggregating to Rs. 36.60 crores ("The Issue"). Of the issue, 4,86,000 equity shares aggregating to Rs. 5.93 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 25,14,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 122 per equity share aggregating to Rs. 30.67 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.85% and 25.01%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 122, i.e 12.2 times of the face value. Minimum application size 1000 equity shares and in multiples of 1000 equity shares thereafter.
Issue
Opens On Closes On
16-Sep-22 20-Sep-22
Money Payable On
Application Allotment
122.00 0.00
Minimum Application for shares in Nos : 1000  Further Multiples of : 1000
()(Cr.) Lead Managers to the Issue
Project Cost () 40.39 First Overseas Capital Ltd
Project Financed through Current Offer () 36.60  
Post Issue Equity Share Capital () 10.05  
Issue Price () 122.00  
Projects
Setting up 3 Nos. Containerized Edge Data Centres
Rollout of 3 Edmission Flagship Digital Learning Centres
General Corporate Purposes
Promoted By
Harshawardhan Hanmant Sabale
Listing At
NSE - SME
Registrar to the Issue