Varroc Engineering IPO Dates, Review, Price Band, Market Lot Details

Table of Contents

Varroc Engineering is coming up with an IPO on 26th June. The company incorporated in 1988. The company is a manufacturer of auto component and supplier of exterior lighting systems, plastic and polymer components, electricals and electronics components, metallic components to passenger car and commercial vehicles with two and three wheelers. The company has 36 manufacturing facilities with 16 R&D centers in 10 countries. Varroc Group is been doing good business with sale of 1.5 billion USD in 2016-17. They are one of the leading global passenger car lighting suppliers and top two wheeler auto component supplier in India.

Varroc Engineering IPO Review:

  • Good for Long Term

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    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

    Varroc Engineering Financial:

      Rs. in Crore
    RevenueExpensePAT
    201342254221(-25)
    20146139605542
    20157039706313
    201682407898369
    201797029454303
    2018 104179974450

    Company Promoters:

    • Tarang Jain

    Quick Links:
    DRHP Draft Prospectus
    RHP Draft Prospectus

    Varroc Engineering IPO Registrar:
    Link Intime India Private Limited
    Tel: +91 22 4918 6200
    Fax: +91 22 4918 6195
    E-mail: [email protected]
    Investor grievance e-mail: [email protected]
    Contact Person: Shanti Gopalkrishnan
    Website: www.linkintime.co.in

    Varroc Engineering IPO Lead Managers:

    • Kotak Mahindra Capital Company Limited 
    • Citigroup Global Markets India Private Limited
    • Credit Suisse Securities (India) Private Limited

    Company Address:
    Varroc Engineering Limited
    Office: L-4, MIDC Area, Waluj, Aurangabad 431
    136, Tel: +91 240 6653 700/6653 699
    Fax: +91 240 2564 540
    Contact Person: Rakesh Darji
    Tel:+91 240 6653 662
    Fax: +91 240 2564 540
    E-mail: [email protected]
    Website: www.varrocgroup.com

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