Varroc Engineering Ltd.
Company is into auto component manufacturing and supplier of exterior lighting systems, plastic and polymer components, electrical-electronics components and precision metallic components to passenger cars, commercial vehicles, two wheelers, three wheelers etc .
It directly supplies to OEM's (Original Equipment Manufacturers).
Management:
• Naresh Chandra, Chairman
• Tarang Jain, Managing Director
• T R Srinivasan, Group CFO
IPO Snapshot:
Dates: 26-Jun-2018 to 28-Jun-2018
Face Value: Rs1/share
Price Band: Rs965 - Rs967/share
Discount (Eligible Employees): Rs48/share
Bid lot: 15 shares and multiples
Mode of Payment: ASBA (Mandatory)
Listing: NSE & BSE
Issue Size: Rs19,549.7mn mn
QIB: 50% of the issue
NIB: 15% of the issue
Retail: 35% of the issue
Lead Manager: Kotak Mahindra Capital, Citigroup Global Markets, Credit Suisse Securities. IIFL Holdings ltd.
Registrar: Link Intime India Pvt. Ltd.
Company is into auto component manufacturing and supplier of exterior lighting systems, plastic and polymer components, electrical-electronics components and precision metallic components to passenger cars, commercial vehicles, two wheelers, three wheelers etc .
It directly supplies to OEM's (Original Equipment Manufacturers).
Management:
• Naresh Chandra, Chairman
• Tarang Jain, Managing Director
• T R Srinivasan, Group CFO
IPO Snapshot:
Dates: 26-Jun-2018 to 28-Jun-2018
Face Value: Rs1/share
Price Band: Rs965 - Rs967/share
Discount (Eligible Employees): Rs48/share
Bid lot: 15 shares and multiples
Mode of Payment: ASBA (Mandatory)
Listing: NSE & BSE
Issue Size: Rs19,549.7mn mn
QIB: 50% of the issue
NIB: 15% of the issue
Retail: 35% of the issue
Lead Manager: Kotak Mahindra Capital, Citigroup Global Markets, Credit Suisse Securities. IIFL Holdings ltd.
Registrar: Link Intime India Pvt. Ltd.
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