Varmora Granito Limited is a Gujarat-based manufacturer and marketer of ceramic and vitrified tiles, along with bathware, sanitaryware and adhesives. Incorporated in 2003, the company operates under the Varmora brand and focuses on premium, technology-driven building-material products for residential, commercial and infrastructure applications.
The company operates manufacturing facilities in the Morbi cluster of Gujarat and serves customers through a broad distribution network comprising exclusive brand outlets, multi-brand outlets and B2B channels. Its product portfolio includes glazed vitrified tiles (GVT), polished vitrified tiles (PVT), ceramic tiles and technical tile products. Varmora has also adopted Integrated Stone Technology (IST) to support product innovation and premium surface solutions.
Key Highlights
- 🏭 Tile & Building Materials Manufacturer – Produces and markets ceramic and vitrified tiles.
- 🧱 Diversified Product Portfolio – GVT, PVT, ceramic tiles, bathware and adhesives.
- ⚙️ Manufacturing Infrastructure – Operates manufacturing facilities in the Morbi cluster of Gujarat.
- 💎 Premium Tile Products – Focus on glazed vitrified and technology-driven tile solutions.
- 🏪 Multi-Channel Distribution – Exclusive brand outlets, multi-brand outlets and B2B sales channels.
- 🌍 International Presence – Products exported to more than 100 countries.
- 💡 Product Innovation – Uses technology such as Integrated Stone Technology for advanced surface solutions.
Disclaimer
This article is for informational and educational purposes only and should not be construed as investment advice or a recommendation.
Varmora Granito IPO Timetable
| Particular | Date |
| IPO Open Date | 22 September 2026 |
| IPO Close Date | 24 September 2026 |
| Allotment Date | 25 September 2026 |
| IPO Listing Date | 29 September 2026 |
Varmora Granito IPO Details
| Issue Type | Bookbuilding IPO |
| Face Value | Rs. 2 Per Equity Share |
| IPO Price | Rs. 140 to 148 Per Equity Share |
| Market Lot | 101 Share |
| ISIN Code | INE0M5301040 |
| Listing At | BSE,NSE |
| Issue Size | Rs. 708 Crore. |
Varmora Granito IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 101 | Rs. 14,948 |
| Maximum | 13 | 1313 | Rs. 194,324 |
| Small HNI (Minimum) | 14 | 1414 | Rs. 209,272 |
| Big HNI (Minimum) | 67 | 6767 | Rs. 1,001,516 |
Varmora Granito IPO Allotment Status
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Click Here To Get ASBA Forms Varmora Granito IPO
Company Financials :
| Particular | Latest Year | Prior Year | 2 Years Prior |
| Total Assets | 1509.87 | 1589.80 | 1476.16 |
| Total Revenue | 1562.53 | 1492.68 | 1472.58 |
| Profit After Tax | 55.09 | 30.77 | 44.94 |
Company Promoters:
Bhavesh Vallabhdas Varmora, Hiren R Varmora and Pramodkumar Parsotambhai Patel.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Varmora Granito Ltd. 8-A, National Highway, Dhuva, Taluka Wankaner Rajkot, Gujarat, 380054 Contact: +91 9909913657 Email: investor.relations@varmora.com Web: https://www.varmora.com/ | KFin Technologies Limited Contact:- + 91 40 6716 2222 Email:- vgl.ipo@kfintech.com Web:- https://www.kfintech.com/ |
Risk Disclosure :- Investing in Initial Public Offerings (IPOs) involves significant market risks. The information provided in this blog post is for educational and informational purposes only and should not be treated as investment advice or a recommendation to subscribe to any IPO. Investors must carefully read the Red Herring Prospectus (RHP), company financials, and all risk factors before investing.
IPO allotment is not guaranteed, and the listing price may differ from expectations due to market demand, business fundamentals, and overall market conditions. Newly listed companies may experience high volatility in the initial days of trading. Past performance of other IPOs does not indicate or assure future results.
Investors should evaluate their risk appetite, financial objectives, and seek independent professional advice before making any investment decisions.
