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Varroc Engineering Limited IPO
MainboardRs 14,505/- ) / 15 Equity Shares
Varroc Engineering Limited IPO Details
The Varroc Engineering Limited IPO price band is set between Rs 965/- to Rs 967/- per Equity Share, with a face value of Rs 1 per share. The issue is managed by Link Intime India Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 26 Jun, 2018 and closes on 28 Jun, 2018. Investors can check the allotment status on 4 Jul, 2018, while the listing date is tentatively scheduled for 6 Jul, 2018.
The total issue size is Offer for Sale of 2,02,21,730 Equity Shares of Rs 1 each at prince of Rs 965/- to Rs 967/- aggregating up to Rs 1955.44 Cr, aggregating up to . Stay tuned for the latest Varroc Engineering Limited IPO review and GMP updates.
Varroc Engineering Limited IPO Review, Rating & Analysis
Varroc Engineering Limited IPO Review
NO REVIEWVarroc Engineering Limited IPO Rating
Varroc Engineering Limited IPO Highlights
IPO Date
Jun 26, 2018 - Jun 28, 2018
Listing Date
6 Jul, 2018
Face Value
Rs 1 Per Equity Share
Price Band
Rs 965/- to Rs 967/- per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE ( B - Group )
Varroc Engineering Limited IPO Lot Size
The minimum market lot for Varroc Engineering Limited IPO is 15 shares with an application amount of ₹14,505. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 15 | ₹14,505 |
| Retail (Max) | 13 | 195 | ₹1,88,565 |
| S-HNI (Min) | 14 | 210 | ₹2,03,070 |
| S-HNI (Max) | 68 | 1020 | ₹9,86,340 |
| B-HNI (Min) | 69 | 1035 | ₹10,00,845 |
Varroc Engineering Limited IPO Timeline
Issue Price
Rs 965/- to Rs 967/- per Equity ShareFace Value
Rs 1 Per Equity ShareListing at Group
NSE, BSE ( B - Group )Registrar
Link Intime India Private LimitedLead Manager
Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Credit Suisse Securities (India) Private Limited and IIFL Holdings LimitedIssue Size
Offer for Sale of 2,02,21,730 Equity Shares of Rs 1 each at prince of Rs 965/- to Rs 967/- aggregating up to Rs 1955.44 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Tarang Jain
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Varroc Engineering Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,00,60,865 | 30,18,260 | 70,42,606 | 2,02,21,730 |
Day 1 -26-06-18 | 41,91,615 1.04 x | 29,610 0.01 | 3,87,315 0.06 x | 46,18,470 0.33 x |
Day 2 -27-06-18 | 1,27,72,8753.18 x | 1,18,8000.04 | 15,54,0900.22 x | 1,44,79,5751.02 x |
Day 3 -28-06-18 | 3,68,54,1459.15 x | 74,06,7152.45 | 64,48,1400.91 x | 5,07,72,9903.58 x |
Frequently Asked Questions about Varroc Engineering Limited IPO IPO
When will Varroc Engineering Limited IPO open for subscription?
The Varroc Engineering Limited IPO opens on 26 Jun, 2018 and closes on 28 Jun, 2018.
What is the investors portion for Varroc Engineering Limited IPO?
The investors' portion for QIB is 368541459.15 x, NII is 74067152.45, and Retail is 64481400.91 x.
How to apply for Varroc Engineering Limited IPO?
You can apply for Varroc Engineering Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Varroc Engineering Limited IPO?
The issue size of Varroc Engineering Limited IPO is approx ₹Offer for Sale of 2,02,21,730 Equity Shares of Rs 1 each at prince of Rs 965/- to Rs 967/- aggregating up to Rs 1955.44 Cr crores.
What is the price band of Varroc Engineering Limited IPO?
The price band for Varroc Engineering Limited IPO is Rs 965/ to ₹ to Rs 967/.
What is the lot size of Varroc Engineering Limited IPO?
The minimum bid (lot size) for Varroc Engineering Limited IPO is 15 shares with an investment of approx Rs 14,505/- ) .
What is the allotment date of Varroc Engineering Limited IPO?
The allotment date for Varroc Engineering Limited IPO is 4 Jul, 2018.
What is the listing date of Varroc Engineering Limited IPO?
The listing date for Varroc Engineering Limited IPO is expected to be 6 Jul, 2018.
What is the GMP of Varroc Engineering Limited IPO?
The latest Grey Market Premium (GMP) for Varroc Engineering Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.