₹30.26 Crores | Listing at BSE | Fri, Jan 23, 2026 - Fri, Feb 20, 2026
Viram Suvarn Ltd Rights Issue comprises 3.78 Cr equity shares aggregating to ₹30.26 Cr, offered at an issue price of ₹8 per share with a face value of ₹2 per share.
The record date for determining eligible shareholder is Jan 9, 2026, with the Rights Issue being offered in the entitlement ratio of 1 : 2.
The term of payment is defined as following : On Application - Full amount of the Issue Price i.e. Rs 8 (Eight) per Equity Share.
The Rights Entitlements are expected to be credited to eligible demat accounts on Feb 24, 2026.
The Rights Issue opens on Jan 23, 2026, and closes on Feb 20, 2026, with renunciation of Rights Entitlements permitted up to Feb 13, 2026.
The deemed date of allotment is Feb 24, 2026, following which the equity shares are expected to be credited to demat accounts on Feb 25, 2026 and listed at the BSE on Feb 26, 2026.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Viram Suvarn Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Jan 9, 2026
Entitlement Ratio
1 : 2
Open Date
Fri, Jan 23, 2026
Close Date
Fri, Feb 20, 2026
On Application - Full amount of the Issue Price i.e. Rs 8 (Eight) per Equity Share.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 27.10 | 23.00 |
| Total Income | 26.48 | 19.52 |
| Profit After Tax | 3.41 | 2.46 |
| Amount in ₹ Crore | ||
Incorporated in 2011, Viram Suvarn Ltd, the company is an integrated wholesaler engaged in the distribution and trading of branded gold and silver jewellery, ornaments, and silver products across India.
The company operates as a wholesaler and distributor of ready-made gold and silver jewellery and ornaments, and is also involved in the trading of silver. Its product portfolio includes jewellery crafted in gold and silver, offered with or without studded precious and semi-precious stones.
Viram Suvarn Ltd offers a wide range of ornaments such as bangles, earrings, necklaces, anklets, mangalsutra, toe rings, zuda, and similar jewellery items. Designs cater to traditional, modern, and Indo-Western preferences to address varied regional and market demand.
The company does not undertake in-house manufacturing. Jewellery and ornaments are produced through third-party manufacturers based on specified designs, quality standards, and customer preferences. Customized design offerings are provided to meet specific client requirements.
The registered office is located at Ground & First Floor, 7, Natvarshyam Co-operative Housing Society Ltd., Opposite Orchid Park, Ramdevnagar Road, Satellite, Ahmedabad – 380051, Gujarat. The office is equipped with the necessary infrastructure to support business operations.
As of March 31, 2025, the company employed five personnel and plans to expand its workforce in line with business growth.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirement of the Company | 29.76 |
| 2 | General corporate purposes | 0.25 |
| 3 | Issue related expenses | 0.25 |
[Dilip Davda] VSL is engaged in the marketing and trading of branded jewellery. It operates on third party contract model of business, and has no own manufacturing unit. The company has posted erratic financial performances for the reported periods. Based on its recent financial data, the issue appears exorbitantly priced. There is no harm in skipping this pricey and dicey bet Read detail review...
Viram Suvarn Rights Issue Jan 2026 got oversubscribed by 1.01 times by the end of the bidding period with total bid quantity received by BSE of 3,83,32,229 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Feb 20 2026 17:00:00 | 3,83,32,229 | 1.01x |
Viram Suvarn Ltd
Ground & First Floor
7, Natvarshyam Co Op Ho S Ltd Opp. Orchid Park,
Ramdevnagar Road, Sattelite
Ahmedabad, 380051
The Viram Suvarn Rights Issue Jan 2026 opens on Fri, Jan 23, 2026, and closes on Fri, Feb 20, 2026.
Viram Suvarn Rights Issue Jan 2026 Schedule
| Last Date for credit of Rights Entitlements | Thu, Jan 22, 2026 |
| Last Date for renunciation of Rights Entitlements | Fri, Feb 13, 2026 |
| Issue Opening Date | Fri, Jan 23, 2026 |
| Issue Closing Date | Fri, Feb 20, 2026 |
| Date of Allotment (on or about) | Tue, Feb 24, 2026 |
| Date of Credit (on or about) | Wed, Feb 25, 2026 |
| Date of Listing (on or about) | Thu, Feb 26, 2026 |
You can apply for Viram Suvarn Rights Issue Jan 2026 in two ways:
Steps to apply for Viram Suvarn Rights Issue Jan 2026 using Net Banking (ASBA)
Steps to apply for Viram Suvarn Rights Issue Jan 2026 using Registrar's website (R-WAP)
