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Varroc Engineering IPO Details

Issue Open Jun 26, 2018
Issue Close Jun 28, 2018
IPO Price ₹967
Face Value ₹1
IPO Size ₹1,945.77 Cr
Listing At BSE, NSE
IPO Lot Size 15
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Varroc Engineering IPO Date & Price

The Varroc Engineering IPO opens on Jun 26, 2018 and closes on Jun 28, 2018.

Varroc Engineering IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Jun 26, 2018
  • Bid/Offer Closes On: Jun 28, 2018
  • Finalization of Basis of Allotment: Jul 3, 2018
  • Initiation of refunds: Jul 4, 2018
  • Credit of Equity Shares: Jul 5, 2018
  • Listing Date: Jul 6, 2018

Varroc Engineering IPO price is set at ₹967 per equity share.

Varroc Engineering IPO will close for subscription at 5 PM on Jun 28, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Varroc Engineering IPO starts on Jun 26, 2018. The issue ends on Jun 28, 2018.

Varroc Engineering IPO Issue Size and Subscription Status

The Varroc Engineering IPO size is 20121730 Equity Shares of ₹1 aggregating up to ₹1,945.77 Cr.

Varroc Engineering Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Varroc Engineering IPO shares through the banks (using ASBA) or through the broker (using UPI).

Varroc Engineering IPO Offer Size

Qualified Institutional Buyers (QIB)4,024,346 Shares
Non-Institutional Investors (NII)3,018,260 Shares
Retail Individual Investor (RII)7,042,606 Shares
Employee Reservations100,000 Shares
Other Reservations0 Shares
Total Issue Size14,185,212 Shares

Varroc Engineering IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)9.15 times times
Non-Institutional Investors (NII)2.45 times times
Retail Individual Investor (RII)0.84 times times
Employee Reservations0.63 times times
Other Reservations times
Total Issue Size3.54 times times

Click here to check the Varroc Engineering IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Varroc Engineering IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Varroc Engineering IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Varroc Engineering IPO Allotment and Listing

The Varroc Engineering IPO allot status will be available online on Jul 3, 2018. Check the Varroc Engineering IPO Allotment Status here.

Click here to check Varroc Engineering IPO Allotment Status.

Varroc Engineering IPO listing Date is Jul 6, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Varroc Engineering IPO listing date and time is published by the exchange in a circular.

Click here to view the Varroc Engineering IPO Basis of Allotment.

It is hard to say at what price Varroc Engineering IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Varroc Engineering IPO shares will list on Jul 6, 2018 at BSE, NSE.

Varroc Engineering IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Varroc Engineering IPO which could help you with questions like Varroc Engineering IPO buy or not? You should also read Varroc Engineering IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Varroc Engineering IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Varroc Engineering IPO performance. The performance reports are available 1 day after listing.