The allotment status for the ₹1,096.04 crore Varmora Granito IPO is likely to be announced today, September 24, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.

Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 29, 2026.

Procedure to Check Varmora Granito IPO Allotment Status Online on NSE

Visit the NSE’s IPO allotment verification status page here.
Select “Equity & SME IPO Bid Details”.
In Select Symbol, select “VARMORA”.
Enter your PAN No. and Application No.
Click “Submit”.

Procedure to Check Varmora Granito IPO Allotment Status Online on BSE

Click here to visit the application status page.
Under Issue Type, select “Equity”.
In Issue Name, select “Varmora Granito Limited”.
Enter your “Application No. or PAN No.”
Enter the given Captcha correctly.
Click “Submit”.

Procedure to Check Varmora Granito IPO Allotment Status on KFin Technologies Limited (Registrar to the Issue)

Visit the KFin Technologies’ IPO allotment status page here.
In Select IPO, select “Varmora Granito LimitedI”.
Enter any of the following details.

App. No.
Demat Account
PAN

Click “Submit”.

Varmora Granito IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹1,096.04 crore
Fresh Issue: Up to ₹320.00 crore
Offer for Sale (OFS): Up to ₹776.04 crore
Face Value: ₹2 per equity share
Price Band: ₹140 to ₹148 per share
Lot Size: 101 shares
Minimum Investment Amount (Retail Investor): ₹14,948 (101 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: JM Financial Limited, Goldman Sachs (India) Securities Private Limited, SBI Capital Markets Limited

Registrar: KFin Technologies Limited

Explore other Upcoming IPOs on BSE and NSE.

Varmora Granito IPO Overall Subscription Status

[September 24, 2026, 7:00 PM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	3.16x
Non-Institutional Investors (NIIs)	0.92x
Retail Individual Investors (RIIs)	1.00x
Total	1.58x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Repayment/ pre-payment, in full or in part, of all or certain outstanding borrowings and accrued interest thereon availed by

the company
And its wholly-owned subsidiaries namely Covertek Ceramica Private Limited and Varmora Sanitarywares Private Limited (formerly, Varmora Sanitarywares LLP), and of our Subsidiary, Simola Tiles LLP, through investment in such Subsidiaries

General corporate purposes.

About Varmora Granito Limited

Incorporated in 2003, Varmora Granito Limited is a manufacturer of ceramic and vitrified tiles, with glazed vitrified tiles (GVT) contributing the largest share of its revenue.

The company operates nine manufacturing facilities in Morbi, Gujarat, and generated 78.55% of its FY2025 revenue from in-house manufactured products. As of March 31, 2025, Varmora had a distribution network of 286 exclusive brand outlets and over 2,000 multi-brand outlets across India and international markets.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	1,446.03	1,435.48	1,334.95
EBITDA	198.29	150.33	180.68
Profit After Tax (PAT)	30.77	44.94	55.06