Varmora Granito IPO Day 2: Check GMP, subscription status and other key details. Should you apply?

Economic Times - Sep 23, 2026

Varmora Granito’s Rs 708-crore IPO was 11% subscribed on Day 1, with the retail portion at 20%. The issue’s grey market premium has cooled to 2% from 6%, indicating a modest listing premium. The IPO closes on September 24, with allotment expected on September 25 and listing on NSE and BSE on September 29.

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