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Varmora Granito IPO logo

Varmora Granito IPO Final Subscription Status

Subscription Closed MAINBOARD

Subscription Status  ·  Sep 22 – Sep 24, 2026  ·  ₹140–148

The Varmora Granito IPO subscription has recorded adequate investor demand with an overall subscription of 1.58× as of Sep 24, 2026, indicating that investors applied for 1.58 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

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  • QIB subscribed 3.10×, institutional investors have fully covered their reserved quota, reflecting measured confidence in the company's fundamentals.
  • HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 0.94× and Small NII (below ₹10 lakh) subscribed 0.90×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
  • Retail investors subscribed 0.99×, below 1×; all retail applicants are likely to receive full allotment if they applied.
QIB
3.10×
Qualified Institutional Buyers
NII
0.93×
Non-Institutional Investors
bNII
0.94×
Bids above ₹10L
sNII
0.90×
Bids below ₹10L
Retail
0.99×
Retail Individual Investors
Total
1.58×
Fully Subscribed

Live Subscription Data

Last updated: Sep 24, 2026, 4:57 PM IST

Overall
1.58×
Category Shares Offered Shares Bid For Times Subscribed
QIB
Qualified Institutional Buyers
9,567,653 29,622,290
3.10×
NII
Non-Institutional Investors
7,175,828 6,681,655
0.93×
bNII
Bids above ₹10L
4,783,886 4,518,437
0.94×
sNII
Bids below ₹10L
2,391,943 2,163,218
0.90×
Retail
Retail Individual Investors
16,743,599 16,623,792
0.99×
Total
33,487,080 52,927,737
1.58×
Fully Subscribed — 1.58× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Tue, Sep 22, 2026
0.11×
Category Offered Bid For Times
QIB 9,567,653 1,414 0.00×
NII 7,175,828 364,812 0.05×
bNII 4,783,886 74,942 0.02×
sNII 2,391,943 289,870 0.12×
Retail 16,743,599 3,357,038 0.20×
Total 33,487,080 3,723,264 0.11×
Wed, Sep 23, 2026
0.27×
Category Offered Bid For Times
QIB 9,567,653 1,014,949 0.11×
NII 7,175,828 1,085,447 0.15×
bNII 4,783,886 498,132 0.10×
sNII 2,391,943 587,315 0.25×
Retail 16,743,599 6,824,772 0.41×
Total 33,487,080 8,925,168 0.27×
Thu, Sep 24, 2026
1.58×
Category Offered Bid For Times
QIB 9,567,653 29,622,290 3.10×
NII 7,175,828 6,681,655 0.93×
bNII 4,783,886 4,518,437 0.94×
sNII 2,391,943 2,163,218 0.90×
Retail 16,743,599 16,623,792 0.99×
Total 33,487,080 52,927,737 1.58×

Frequently Asked Questions

What is the current subscription status of Varmora Granito IPO?

As of September 24, 2026, the Varmora Granito IPO has been subscribed 1.58 times overall. The IPO is fully subscribed.

When was the Varmora Granito IPO subscription window open?

The Varmora Granito IPO subscription window was open from September 22, 2026 to September 24, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Varmora Granito IPO?

The Varmora Granito IPO has a price band of ₹140 to ₹148 per share, with a lot size of 101 shares. Minimum retail investment: ₹14,140 (lower band) or ₹14,948 (upper band).

What is the QIB subscription for Varmora Granito IPO?

The QIB category has been subscribed 3.10 times. QIBs were offered 9,567,653 shares.

What is the Retail subscription for Varmora Granito IPO?

Retail investors subscribed 0.99 times. Retail was offered 16,743,599 shares. Below 1× indicates moderate retail interest.

What is the NII subscription for Varmora Granito IPO?

Overall NII: 0.93×. bNII (>₹10L): 0.94×, sNII (<₹10L): 0.90×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Varmora Granito IPO allotment status?

Basis of allotment is on September 25, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Varmora Granito IPO be listed?

Varmora Granito IPO is expected to list on September 29, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 1.58× subscription mean for Varmora Granito IPO?

A subscription multiple of 1.58× means investors have bid for 1.58 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Varmora Granito IPO retail investors?

Based on the current retail subscription of 0.99×, the estimated allotment probability for retail investors is High. Applicants likely to get full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.

How to apply for Varmora Granito IPO?

You can apply for Varmora Granito IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Sep 22 to Sep 24, 2026.

What is the grey market premium (GMP) for Varmora Granito IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Varmora Granito IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.

IPO Details

Open Date
Sep 22, 2026
Close Date
Sep 24, 2026
Allotment
Sep 25, 2026
Listing Date
Sep 29, 2026
Price Band
₹140 – ₹148
Lot Size
101 shares
Min. Investment
₹14,948
Exchange
NSE,BSE
Registrar
KFin Technologies Limited
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Sep 22, 2026
  2. Subscription Closes Done

    Sep 24, 2026
  3. Basis of Allotment Done

    Sep 25, 2026
  4. Listing on NSE,BSE

    Sep 29, 2026

Allotment Probability

High

Applicants likely to get full allotment. Based on retail subscription of 0.99×.

Share Allocation

QIB 28.6%
NII 21.4%
Retail 50%
Total Shares 33,487,080

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.