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Varroc Engineering IPO
₹1,037.35
+7.28% on listing
Listing-day close · NSE · 6 Jul 2018 · issue price ₹967
Varroc Engineering’s ₹1,955 crore IPO was priced at ₹967 a share. It listed on the NSE on 6 Jul 2018 and closed its first day at ₹1,037.35, up 7.28% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹1,955 Cr
- Fresh issue
- —
- Offer for sale
- ₹1,955 Cr
- Lot size
- 15 shares
- Minimum investment
- ₹14,505
- Face value
- ₹1
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 2.65× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹13,036 Cr
- Promoter holding
- 86.30% → 85.00%
From the offer documents.
Listing
- Listing date
- 6 Jul 2018
- Issue price
- ₹967
- Open
- ₹1,015.00
- High
- ₹1,061.65
- Low
- ₹1,000.00
- Close
- ₹1,037.35
Listing day on the NSE. The close was +7.28% on the issue price.
VARROC share price todayFAQs
When did the Varroc Engineering IPO open and close?
It opened on 26 Jun 2018 and closed on 28 Jun 2018.
What was the Varroc Engineering IPO price?
The price band was ₹965–967 a share. The final issue price was ₹967.
What is the lot size and minimum investment?
One lot is 15 shares, ₹14,505 at ₹967 a share. Retail investors apply in whole lots.
How much did Varroc Engineering raise?
₹1,955 crore: ₹1,955 crore offered by existing shareholders.
How many times was the Varroc Engineering IPO subscribed?
2.65 times overall.
How did Varroc Engineering list?
It listed on the NSE on 6 Jul 2018 at ₹1,015.00 and closed the day at ₹1,037.35, up 7.28% on the ₹967 issue price.
Who is the registrar of the Varroc Engineering IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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