Varanium Cloud Limited

Company Profile
Company Name Varanium Cloud Limited
Open Date 16-09-2022
Close Date 20-09-2022
Exchange NSE SME
Lot Size 1000 Shares
Issue Price ₹ 122 per share
Issue Size 30,00,000 Equity Shares
Application Amount ₹ 1,22,000
Recommendation Avoid
Varanium Cloud Ltd was founded in the year 2017 under the name Streamcast Cloud Private Limited. It was changed to Varanium Cloud Private Limited in June, 2021. The company is engaged in the business of providing services surrounding digital audio, video and financial blockchain (for PayFac) based streaming services.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 4,066.68 833.09 765.39
Net Assets 1,512.49 327.30 185.74
Total Borrowings 25.63 225.63 394.18
Total Revenue 3,535.21 419.51 12.44
Profit After Tax 840.19 289.25 -148.90

Tentative Timeline

Opening Date 16-09-2022
Closing Date 20-09-2022
Basis of Allotment 23-09-2022
Initiation of Refunds 26-09-2022
Credit of Shares to Demat 27-09-2022
Listing Date 27-09-2022

Objects of the Issue

Setting up 3 Nos. Containerized Edge Data Centres
Rollout of 3 Edmission flagship Digital Learning Centres
General Corporate Purpose

Contact Information

Registered Office 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

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 486,000 (16.20%)
Other Shares Offered 12,57,000 (41.90%)
Retail Shares Offered 12,57,000 (41.90%)
Total Shares Offered 30,00,000 (100%)

Shareholding Pattern

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