The Capital Chronicle
India markets & business. Free.

markets · Markets / IPOs / Listings

Three IPOs list Tue 29 Sep: Varmora mainboard + Himalaya & Anand SME

Tue 29 Sep listing tape: Varmora Granito debuts on BSE+NSE after ₹7,080.21 Mn offer at ₹148; Himalaya Nutravedics and Anand Seamless open on BSE SME (issue ₹106 and ₹72). Indicative midday prices: Varmora ~₹152–153 vs ₹148; Himalaya ~₹124 vs ₹106; Anand ~₹72.6 vs ₹72. Check live prices on bseindia.com / nseindia.com. No GMP prophecy.

Capital Chronicle Desk~5 minDual-layer

60-sec

Listing day (Tue 29 Sep 2026 IST): Three India IPO books that closed Thu 24 Sep are on the debut tape today — one mainboard name and two BSE SME names.

CompanyVenueIssue / offer price (prospectus)Issue structure (hard)
Varmora Granito LimitedBSE + NSE (designated NSE)₹148 (band floor ₹140 / cap ₹148)Fresh 21,621,621 shares → ₹3,200.00 Mn + OFS 26,217,634 shares (Katsura Investments) → ₹3,880.21 Mn; total ₹7,080.21 Mn
Himalaya Nutravedics India LimitedBSE SME₹106 (band ₹100–106; lot 1,200)Fresh up to 24,99,600 shares aggregating up to ₹2,649.58 lakhs
Anand Seamless LimitedBSE SMEFixed ₹72Fresh 35,44,000 shares aggregating ₹2,551.68 lakhs

Bid windows (all three): Tue 22 Sep – Thu 24 Sep 2026 (Varmora / Himalaya anchor colour Mon 21 Sep where applicable).

Midday tape colour (soft-flag — BSE/NSE-linked market-data feed, ~14:00–14:25 IST desk; not a saved exchange HTML quote card):

Symbol colourLTP vs issueDay range colourVolume colour
VARMORA (BSE)~₹152 vs ₹148 (~+2.7%)high ~₹163.45 / low ~₹151.75~39 lakh shares
VARMORA (NSE)~₹153.3 vs ₹148 (~+3.6–3.7%)high ~₹163.77 / low ~₹150.1~4.6 Cr shares
HNIL (BSE SME)~₹123.9 vs ₹106 (~+16.9%)high ~₹123.9 / low ~₹118~8.1 lakh shares
ANAND (BSE SME)~₹72.64 vs ₹72 (~+0.9%)high ~₹75 / low ~₹72.1~10.4 lakh shares

Re-check live https://www.bseindia.com and https://www.nseindia.com quote pages before treating any print as final EOD. No GMP; no closing-price prophecy.

Parallel Capital Chronicle process desks today (already filed): Moneyview allotment day · Elevate Campuses demat + list prep (Elevate list colour ~Wed 30 Sep).

Takeaway: Today’s story is three debuts + prospectus hard prints + soft midday premia — not a subscription re-open and not a call.


Analysis

Why this pack on Tue 29 Sep

Morning Wire already advanced Moneyview allotment and Elevate demat/list prep. The uncovered same-day IPO event is the listing cohort that shared the 22–24 Sep bid window and the 29 Sep commencement calendar:

  1. Varmora Granito — Gujarat tiles / bathware mainboard ticket (fresh + Carlyle-affiliate Katsura OFS)
  2. Himalaya Nutravedics India — Hyderabad Ayurvedic / nutraceutical BSE SME fresh issue
  3. Anand Seamless — fixed-price BSE SME seamless-tubes fresh issue

Anand’s prospectus puts commencement of trading on or before Tue 29 Sep 2026 on BSE SME. Varmora’s final Prospectus (dated 24 Sep 2026) locks offer price ₹148 and total size ₹7,080.21 million. Himalaya’s Prospectus (dated 24 Sep 2026) locks issue price ₹106 and size up to ₹2,649.58 lakhs.

Offer structure — primary only

Varmora Granito (Prospectus 24 Sep 2026 / company IR):

  • Face ₹2; offer price ₹148 (74× face); floor ₹140 / cap ₹148
  • Fresh ₹3,200.00 Mn · OFS ₹3,880.21 Mn (Katsura Investments) · total ₹7,080.21 Mn
  • Fresh share count 21,621,621 · OFS 26,217,634 (subject to basis finalisation footnotes in Prospectus)
  • Bid/Offer: Anchor 21 Sep · Open 22 Sep · Close 24 Sep (UPI mandate end 5:00 pm close day per RHP/AP cycle)
  • BRLMs: JM Financial, Goldman Sachs (India), SBI Capital Markets
  • Registrar: KFin Technologies
  • Designated exchange: NSE; list BSE + NSE
  • Eligibility: SEBI ICDR Reg. 6(1)
  • Objects colour (fresh): repayment/prepayment of borrowings (company + named WOS) and GCP — as in RHP/AP/Prospectus objects tables
  • Business colour: tiles (GVT / PVT / ceramic), bathware, adhesives; manufacturing cluster Morbi, Gujarat

Himalaya Nutravedics India (Prospectus 24 Sep 2026 / company IPO hub):

  • Face ₹10; issue price ₹106; band ₹100–106; minimum lot 1,200
  • Fresh up to 24,99,600 equity shares aggregating up to ₹2,649.58 lakhs (Market Maker reservation 1,26,000 shares / ₹133.56 lakhs at ₹106 in Prospectus colour)
  • Bid/Issue: Anchor 21 Sep · Open 22 Sep · Close 24 Sep
  • Venue: BSE SME; BRLM colour Nirbhay Capital Services; registrar colour KFin (company IPO document set)
  • Business colour: Ayurvedic / nutraceutical formulations (company site + Prospectus)

Anand Seamless (Prospectus 16 Sep 2026):

  • Face ₹10; fixed issue price ₹72 (7.2× face)
  • Fresh 35,44,000 equity shares aggregating ₹2,551.68 lakhs (Net Issue 33,66,400 shares / ₹2,423.81 lakhs after Market Maker reservation 1,77,600 / ₹127.87 lakhs)
  • Issue opens 22 Sep · closes 24 Sep
  • Venue: BSE SME; registrar colour MUFG Intime (prospectus contact)
  • Prospectus calendar: trading commencement on or before Tue 29 Sep 2026

What this desk is not publishing

  • Final category subscription multiples (QIB / NII / retail ×) for any of the three — withheld; no primary EOD Cumulative Bid table re-pulled for this afternoon desk
  • Official opening-auction print from a saved BSE/NSE HTML quote card — midday LTP table above is exchange-fed market-data soft-flag only
  • GMP / “expected listing gain” arithmetic
  • Politics; investment advice

Soft spots (do not flatten)

  • Midday LTP ≈ not EOD close; prefer live exchange quote pages and official notices
  • Varmora share counts carry Prospectus “subject to basis finalisation” footnotes — size in ₹ million is the locked offer-price arithmetic
  • Himalaya Prospectus OCR/line-wrap noise on one Net Issue price clause — hard prints used here are cover ₹106 / ₹2,649.58 lakhs / band ₹100–106 / lot 1,200
  • SME vs mainboard liquidity and circuit rules differ — do not treat the three as one product
  • Elevate Campuses remains on ~30 Sep list colour (separate desk) — not in this debut pack

What to watch next

  • BSE/NSE EOD prints vs issue prices for all three
  • Elevate Campuses opening auction colour if Wed 30 Sep holds
  • Moneyview demat/refund colour ~30 Sep and list colour ~1 Oct
  • Any exchange listing/admission notices that soft-amend calendars

Sources


Business. Markets. Money. Free.
Corrections: corrections@capitalchronicle.news

India markets & business. Free.
Not personalized financial advice. Corrections: corrections@capitalchronicle.news