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Varanium Cloud Limited IPO

Varanium Cloud Limited IPO

i. Varanium Cloud is a fast-growing Indian technology company that is focused on providing services surrounding digital audio, video and financial blo

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i. Varanium Cloud is a fast-growing Indian technology company that is focused on providing services surrounding digital audio, video and financial blockchain (for PayFac) based streaming services.

ii. The Company operates in the following key verticals:

  • 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 & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments;
  • Online payment facilitation services (PayFac);
  • provision of low bandwidth digital education content platform ( EdTech ) with complete Learning Management Systems ( LMS ) focus on non – urban area under Edmission brand ;
  • provision of information technology relate service to startup and sme to help them transition their business to digital platform and manage the relevant infrastructure on a IaaS ( Infrastructure As A Service ) model ;

iii. Varanium’s unique network transportation technology allows content to be delivered to end devices faster and cheaper. Varanium’s technology is also completely device agnostic and can be delivered to any mobile device or screen, wired or wireless, agnostic of operating system or type of screen.

iv. Varanium Cloud Product Offerings

  • Edmission
  • JumpTalk
  • Online payment facilitation services (Payfac)
  • infrastructure as a Service ( IaaS )

v. Competitive Strengths

  • Transport Technology
  • low cost of delivery
  • Valuable data insights
  • Founder-led visionary management team

object of the Varanium Cloud Limited IPO :

The objects is are of the Net Proceeds ( as define below ) of the Issue are :
1 . set up 3 Nos . Containerized Edge Data centre ;
2 . Rollout of 3 Edmission flagship Digital Learning Centres ; and
3 . General Corporate Purpose .

Varanium Cloud Limited IPO Details:

Open Date : Sep 16 2022
Close Date: Sep 20 2022
Total Shares: 3,000,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 36.60 Cr.
Lot Size: 1000 share
Issue Price: ₹ 122 Per Equity Share
listing At : NSE Emerge
Listing Date: Sep 28 2022

discussion on Varanium Cloud Limited IPO :