Varmora Granito IPO opens September 22: What investors need to know

Varmora Granito manufactures and sells ceramic and vitrified tiles, bathware and related products under the Varmora brand. Its product portfolio includes glazed vitrified tiles, polished vitrified tiles and ceramic tiles, with the company increasingly focused on premium products. GVT and technical products accounted for 84.19% of tile revenue in FY26.