Varanium Cloud Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,257,000 (42%) | — | ₹1,534 Cr |
| Retail | — | 1,257,000 (42%) | — | ₹1,534 Cr |
| Market Maker | — | 486,000 (16%) | — | ₹593 Cr |
| Σ Total | — | 3,000,000 (100%) | — | ₹36,600 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹122,000 |
| Retail (Max) | 13 | 13,000 | ₹1,586,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,708,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,174,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 12 | 420 | 3,535 |
| Profit After Tax | -149 | 289 | 840 |
| Net Worth | 186 | 327 | 1,512 |
| Total Assets | 765 | 833 | 4,067 |
| Reserves & Surplus | 0 | 0 | 877 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up 3 Nos. Containerized Edge Data Centres – 23.40
- 2 Rollout of 3 Edmission flagship Digital Learning Centres – 8.40
- 3 General Corporate Purpose – 8.59
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
Edmission is a phy-gital (Physical and Digital) platform for educators and learners to come together online. It helps institutions in running digital classes. The platform has a video conferencing solution to support up to 1 million students and 2,000 teachers simultaneously.
JumpTalk
JumpTalk provides a cloud platform for video and audio conferencing, webinars, chats, and file transfers.
Online payment facilitation services (Payfac)
Payfac provides aggregated payment gateway services to non-urban consumers.
Infrastructure as a Service (IaaS)
Services including Hydra Web Solutions, Corporate & Public WiFi Mesh Services, and eCommerce-as-a-Service (EaaS).