Varanium Cloud Limited is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services.
Varanium Cloud Business Verticles
- Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments;
- Online payment facilitation services (PayFac);
- Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under the Edmission brand;
- Provision of information technology-related services to startups and SMEs to help them transition their business to digital platforms and manage the relevant infrastructure on an IaaS (Infrastructure As A Service) model.
Major Products
- Edmission (phy-gital) Learning Centre
- JumpTalk (VoIP)
- Online Payment Facilitation (PayFac) Services
- Infrastructure as a Service (IaaS)
- eCommerce as a Service (EaaS)
Business Strategy
- Grow subscriber base across existing and new geographies
- Expand Product offerings
- Efficient and differentiated Infrastructure
- Focus on growth and margin enhancement
Competitive Strengths
- Transport Technology
- Low Cost of Delivery
- Valuable Data Insights
- Founder-led visionary management team
Company Promoters
- Harshawardhan Hanmant Sabale
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 3,535.21 | 419.51 | 12.44 |
| Total Expense | 2,330.61 | 23.54 | 136.92 |
| Profit Before Tax | 1,194.50 | 380.52 | -149.64 |
| Profit After Tax | 840.19 | 289.25 | -148.90 |
Object Of The Issue
- Setting up 3 Nos. Containerized Edge Data Centres;
- Rollout of 3 Edmission flagship Digital Learning Centres; and
- General Corporate Purpose.
Varanium Cloud IPO – Details
| IPO Opening Date | 16 September 2022 |
| IPO Closing Date | 20 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹36.60 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹122 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Varanium Cloud IPO – Date Schedule
| IPO Open Date | 16 September 2022 |
| IPO Close Date | 20 September 2022 |
| Basis of Allotment Date | 23 September 2022 |
| Initiation of Refunds | 26 September 2022 |
| Credit of Shares to Demat Account | 27 September 2022 |
| IPO Listing Date | 28 September 2022 |
Varanium Cloud IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1000 | 1,22,000 |
| Maximum | 1 | 1000 | 1,22,000 |
Varanium Cloud IPO Prospectus
Company Contact Information
| Varanium Cloud Limited Third Floor, Plot No. 244-A RDP 2, CTS 1374/B Vill, Versova SVP Nagar, Four Bungalows Mumbai- 400053 Phone: +91 22 2632 5683 Email: info@vrnm.com Website: https://varanium.cloud/ |
Varanium Cloud IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Varanium Cloud IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
Varanium Cloud IPO FAQs
| What is Varanium Cloud IPO? Varanium Cloud IPO is a SME IPO. The issue is priced at ₹122 per equity share. The IPO is to be listed on NSE SME. |
| When Varanium Cloud IPO will open? The IPO is to open on 16 September 2022 for NII and Retail Investors. |
| What is Varanium Cloud IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Varanium Cloud IPO? You can apply Varanium Cloud IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Varanium Cloud IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Varanium Cloud”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Varanium Cloud IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Varanium Cloud”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Varanium Cloud IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Varanium Cloud”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Varanium Cloud IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Varanium Cloud”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Varanium Cloud IPO Size? Varanium Cloud IPO size is ₹36.60 crores. |
| What is Varanium Cloud IPO Price Band? Varanium Cloud IPO Price Band is ₹122. |
| What is Varanium Cloud IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,22,000 amount while the maximum bid is 1000 shares with ₹1,22,000. |
| What is the Varanium Cloud IPO Allotment Date? Varanium Cloud IPO allotment date is 23 September 2022. |
| What is the Varanium Cloud IPO Listing Date? Varanium Cloud IPO listing date is 28 September 2022. The IPO is to list on NSE SME. |
