09
Aug
#VarmoraGranito #IPO #TilesIndustry #CeramicTiles #GVT #IntegratedStoneTechnology #Morbi #GujaratManufacturing #LuxuryTiles #PremiumTiles #IndianStockMarket #SEBI Chandigarh: Rajkot-based Varmora Granito Ltd (VGL), one of India’s leading tile manufacturers, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The offering will comprise a Fresh Issue aggregating up to ₹400 crore and an Offer for Sale (OFS) of up to 5,24,35,268 equity shares by existing shareholders. The OFS will include sales by investor Kastura Investments and promoter group selling shareholders Parsotambhai Jivrajbhai Patel, Ramanbhai Jivrajbhai Varmora, and Vallabhbhai Jivrajbhai Varmora. This…