Varanium Cloud IPO is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services.
VARANIUM CLOUD IPO – Overview
| IPO Dates | 16-20 sept 2022 |
| IPO Price | INR 122 per share |
| Fresh issue | 3000,000 shares (INR 36.60 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,000,000 shares (INR 36.60 crore) |
| Minimum bid (lot size) | 1000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
VARANIUM CLOUD IPO -Tentative Dates
| IPO Offer Opening Date | 16 September 2022 |
| IPO Closing Date | 20 September 2022 |
| Finalisation of Basis of Allotment | 23 September 2022 |
| Initiation of refunds | 26 September 2022 |
| Transfer of shares to demat accounts | 27 September 2022 |
| IPO Listing Date | 27 September 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in Dec 2017, 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.
Varanium Cloud Product Offerings
- Edmission is a phy-gital (Physical and Digital) platform for educators and learners to come together online. It helps institutions in running digital classes.
- JumpTalk provides a cloud platform for video and audio conferencing, webinars, chats, and file transfers.
- Payfac provides aggregated payment gateway services to non-urban consumers.
- Services including Hydra Web Solutions, Corporate & Public WiFi Mesh Services, and eCommerce-as-a-Service (EaaS).
Objects of the Issue
- Funding additional Working capital requirements
- General Corporate Purposes
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 4066.68 | 833.09 | 765.39 |
| Total Revenue | 3535.21 | 419.51 | 12.44 |
| Profit After Tax | 840.19 | 289.25 | -148.9 |
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/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
- First Overseas Capital Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
