Varanium Cloud Limited

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
Email	info@vrnm.com
Website	https://varanium.cloud/

Offer Documents

Varanium Cloud Limited DRHP

Varanium Cloud Limited RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

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%)