Varanium Cloud Ltd’s Rs. 36.60 crore public issue on NSE EMERGE platform opens for subscription on September 16
Mr. Harshawardhan Sabale, Managing Director, Varanium Cloud Ltd
Company to issue 30 lakh Equity shares of Rs. 10 face value at a price of Rs. 122 per share; Propose to get list SME EMERGE Platform of NSE
Highlights:-
Public issue opens for subscription from September 16 and closes on September 20
Minimum lot size for application is 1,000 shares; Minimum IPO application amount Rs. 1.22 lakh
Funds raised through the issue will be used for setting up Containerized Edge Data Centres, Rollout of three Edmission flagship Digital Learning Centres; and General Corporate Purpose.
Jaya Chandrakant Gogri, wife of Chandrakant Gogri and also one of the promoters of Aarti Industries holds 2.84% stake in the company as on date of filing prospectus
For the FY21-22 company reported revenues of R...