The offer for sale from Varroc Engineering Limited was subscribed 3.59 times. The company had tapped the capital markets with its offer for sale of 2,02,21,770 equity shares in a price band of Rs 965-967. It had completed allocation to anchor investors who were allotted 60,36,518 shares. Twenty anchor investors comprising of 30 entities were […]
Archive for the ‘General’ Category
Varroc Engineering Limited – Issue Subscribed 3.59 Times
June 29th, 2018
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Varroc Engineering Limited – Completes Anchor Allocation
June 26th, 2018
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Varroc Engineering Limited which is tapping the capital markets with its offer for sale of 2,02,21,770 equity shares in a price band of Rs 965-967 completed allocation to anchor investors. The company allotted 60,36,518 shares to 20 anchor investors comprising of 30 entities. The highest allocation was made to Smallcap World Fund who was allotted […]
Markets Vulnerable, Varroc IPO Is an Attractive Offering
June 25th, 2018
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The week gone by saw two up days and three down days. The BSESENSEX ended with marginal gains of 67.46 points or 0.19% to close at 35,689.60 points. NIFTY was up 4.15 points or 10,821.85 points. A strong rally on Friday managed to see the indices home otherwise we were trailing in the red. Dow […]
