Varanium Cloud Limited Right Issue

₹49.45 Cr NSE 28 Sep 2023 – 6 Oct 2023

Closed Ratio: 1 : 10 NSE
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Issue Price
₹123.00
Face Value
₹5.00
Issue Size (Shares)
4,020,574
Issue Size (₹ Cr.)
₹49.45
📅 Right Issue Timetable
Last Date to Buy SharesThu, Sep 14, 2023
Record DateFri, Sep 15, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnThu, Sep 28, 2023
Issue Open DateThu, Sep 28, 2023
Renunciation Last DateFri, Sep 29, 2023
Bid/Offer Closes OnFri, Oct 6, 2023
Issue Close DateFri, Oct 6, 2023
Deemed Date of AllotmentFri, Oct 6, 2023
Credit DateTue, Oct 10, 2023
Listing DateThu, Oct 12, 2023
📋 Right Issue Details
Issue Size (Shares)4,020,574
Issue Size (Amount)₹49.45 Cr.
Issue Price₹123.00 per share
Face Value₹5.00 per share
Entitlement Ratio1 : 10
Listing AtNSE
Terms of PaymentInvestors will have to pay Rs. 2.50 at the time of application, Rs. 2.50 at the time of one or more subsequent calls as determined by the Board.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-312020-03-31
Income35.354.200.12
EBITDA
Net Worth
Reserves & Surplus8.770.37-1.04

Amount in ₹ Crore

🏢 About the Company
Incorporated in 2017, Varanium Cloud Limited, previously known as Streamcast Cloud, is a technology company focused on providing services surrounding 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 and 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's product portfolio includes Edmission, a phy-gital (Physical and Digital) platform for educators and learners to come together online; Jumptalk, a cloud platform for video and audio conferencing, webinars, chats, and file transfers; Payfac (Online payment facilitation services), it provides aggregated payment gateway services to non-urban consumers, and Infrastructure as a Service (IaaS), services including Hydra Web Solutions, Corporate & Public WiFi Mesh Services, and eCommerce-as-a-Service (EaaS).
📞 Company Contact
CompanyVaranium Cloud Limited
AddressPlot No. 244-A RDP 2, CTS 1374/B,
SVP Nagar, Ratan Nagar Ln, Versova,
Mumbai - 400053
Mumbai, Maharashtra, 400053
Phone+91 2226325683
Emailinfo@vrnm.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗