Varroc Engineering Limited
26 Jun 2018 – 28 Jun 2018
LISTED
Offer Price
₹965–967
Bid lot
15
Min Application
₹14,505
Issue Size
₹1,955 Cr
Key dates
Open date
26 Jun 2018
Done
Close date
28 Jun 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
06 Jul 2018
Today
Issue reservation
₹1,955 CrQIB 50%Retail 35%5%
QIB
1.01 Cr sh · ₹977.50 Cr
Retail
70.8 L sh · ₹684.25 Cr
Employee
10.1 L sh · ₹97.75 Cr
BRLM: IIFL Holdings Limited
Lot ladder — how much to bid
1 lot = 15 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
15 sh · ₹14,505
Max · 13 lots
195 sh · ₹1,88,565
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
210 sh · ₹2,03,070
Max · 68 lots
1,020 sh · ₹9,86,340
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
1,035 sh · ₹10,00,845
Entry point
₹10,00,845 onward
Issue details
Lead managersIIFL Holdings Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limted
Live subscription
5.49×
0×1×2×3×+
Oversubscribed
Book₹1,759 Cr
Subscribed₹9,667 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,01,08,583₹977.50 Cr | 9,25,94,620₹8,954 Cr | 9.16× |
| HNI | 30,32,575₹293.25 Cr | 74,29,809₹718.46 Cr | 2.45× |
| Retail | 70,76,008₹684.25 Cr | 67,22,208₹650.04 Cr | 0.95× |
| Employee | 10,10,858₹97.75 Cr | 6,57,058₹63.54 Cr | 0.65× |
| Total | 1,81,95,449₹1,759 Cr | 9,99,73,886₹9,667 Cr | 5.49× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 8,953.90 |
| HNI | 718.46 |
| Retail | 650.04 |
| Employee | 63.54 |
| Total | 9,667.47 |
Amounts at the upper band (₹967). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Varroc Engineering Limited IPO?
One lot of 15 shares — ₹14,505 at the upper price band of ₹967.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2018-07-06 on NSE.