Archive for the ‘IPO’ Category

Varroc Engineering Limited – Completes Anchor Allocation

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

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 […]

Fine Organics Limited – Issue Subscribed About 9 Times

The offer for sale from Fine Organics Limited was subscribed 8.99 times. The company had tapped the capital markets with its offer for sale of 76.64 lakh shares in a price band of Rs 780-783. Earlier the company had allotted 22,99,497 equity shares to 15 anchor investors comprising of 22 entities. QIB portion was subscribed […]

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