Varmora Granito Shares Make Positive Market Debut, List at Nearly 5% Premium on NSE

5paisa Capital Ltd - 0 min read

Last Updated: 29th September 2026 - 10:51 am

Varmora Granito made its stock market debut on Tuesday, September 29, with its shares opening above the initial public offering price on both the NSE and BSE. 

The stock listed at ₹155 per share on the NSE, marking a 4.73% premium over the IPO price of ₹148 per share. 

The debut was relatively modest on the BSE, where Varmora Granito shares opened at ₹152 apiece. This represented a premium of 2.7% over the issue price. 

₹708-Crore IPO Had Price Band of ₹140-148 

Varmora Granito’s initial public offering was worth ₹708 crore, with the company setting a price band of ₹140 to ₹148 per share. 

The final issue price was fixed at the upper end of the band at ₹148 per share. 

At the NSE listing price of ₹155, investors who received shares in the IPO were sitting on an initial listing gain of ₹7 per share. On the BSE, the opening price was ₹4 above the issue price. 

Following the listing of its shares, Varmora Granito’s market capitalisation stood at ₹3,435.38 crore. 

The September 29 debut therefore saw the stock begin trading at a premium on both exchanges, with the NSE opening higher than the BSE. 

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