Varroc Engineering IPO Listed at Rs.1032 Against IPO Price of Rs.967

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Varroc Engineering ipo to list on 6th July, Friday on BSE and NSE. It was not a good subscription of the company due to low gmp while it jumped up a day before the listing. Varroc listed at 1032 on BSE while 1015 on NSE. It was good listing as per suggested. The gmp was jumped before the day of listing and it worked for the investors who subscribed.

Varroc Engineering IPO Listing Date, Listing Price, BSE Code, NSE Code, ISIN Number & Other Details are given below:

BSE Code 541578
NSE Code VARROC
Group B
ISIN No INE665L01035
Offer Price Rs.965 / 967
Face Value Rs.10
Listing Date 6-July-18, Friday

Varroc Engineering IPO Listing Price: Live Quote

Details BSE Listing NSE Listing
Listing Price
1032.00
1015.00
High Price
1062.00
1061.65
Low Price
1000.00
1000.00
Close Price
1040.55
1037.35

Varroc Engineering IPO Subscription: (Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 1.04 3.18 9.15
HNI 0.01 0.04 2.45
RII 0.06 0.22 0.95
EMP 0.10 0.34 0.65
Total 0.33 1.02 3.59

Varroc Engineering IPO Review:

  • Good for Long Term

Varroc Engineering IPO Dates & Price Band: (Approx)

  • IPO Open: 26-June-2018
  • IPO Close: 28-June-2018
  • IPO Size: Approx Rs.1945 Crore (Approx)
  • Face Value: Rs.1 Per Equity Share
  • Price Band: Rs. 965 to 967 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 2,02,21,730 Shares

Varroc Engineering IPO Market Lot:

  • Shares: Apply for 15 Shares (Minimum Lot Size)
  • Amount: Rs.14,505

Varroc Engineering IPO Allotment & Listing:

  • Basis of Allotment: 3-July-2018
  • Refunds: 4-July-2018
  • Credit to demat accounts: 5-July-2018
  • Listing: 6-July-2018

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.