IPO Price History
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Varroc Engineering Limited IPO

Mainboard IPOListedVARROCNSE
Current Market Price (CMP)
₹764.25(-20.97%)
Current Price (CMP)
₹764.25(-20.97%)

Live Market Quote

Listing Price & Gain
₹1,015(+4.96%)

Day 1 Exchange Open

IPO Issue Price
₹967

Band: ₹965 - ₹967

Total Subscription
3.59x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Jun 2018
IPO Bidding Closes
28 Jun 2018
Allotment & Refunds
Completed
Exchange Listing Day
06 Jul 2018

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 3.59x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)9.16x
Non-Institutional Investors (NII / HNI)2.45x
Retail Individual Investors (RII)0.95x
Employees Reservation0.65x
Total Subscription3.59x
Updated as on 28th Jun 2018 at 2130 hrs

Listing Day & Return Performance

Listing Day Gain+4.96%
₹967 (Issue) → ₹1,015 (List)
Per share profit: +₹48.00
Holding Return (Till Date)-20.97%
₹967 (Issue) → ₹764.25 (CMP)
Net gain per share: ₹-202.75
Post-Listing Performance (Listing Day → Today):-24.70%

About Varroc Engineering Limited IPO

Varroc Engineering Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 26 Jun 2018 and concluded on 28 Jun 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹965 - ₹967.

During the bidding window, Varroc Engineering Limited recorded an overall subscription of 3.59 times. Institutional investors (QIB) subscribed 9.16x, non-institutional high-net-worth investors (NII) subscribed 2.45x, and retail individual investors (RII) bid 0.95x their reserved quota, alongside employee participation of 0.65x.

The equity shares of Varroc Engineering Limited officially debuted on the stock exchanges on 06 Jul 2018 at an opening listing price of ₹1,015, delivering a listing day return of +4.96% (premium) over the final issue price. As per the latest market data, the stock trades at ₹764.25, representing an overall decline of -20.97% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Varroc Engineering Limited IPO?
The issue price of Varroc Engineering Limited IPO was fixed at ₹967 per equity share. The indicative bidding price band was ₹965 - ₹967.
What were the open, close, and listing dates for Varroc Engineering Limited IPO?
Varroc Engineering Limited IPO opened on 26 Jun 2018, closed on 28 Jun 2018, listed on 06 Jul 2018.
How much was Varroc Engineering Limited IPO subscribed?
The IPO received an overall subscription of 3.59 times. Category-wise, QIBs subscribed 9.16x, NIIs subscribed 2.45x, and Retail investors subscribed 0.95x.
What was the listing price and listing gain of Varroc Engineering Limited IPO?
Varroc Engineering Limited IPO listed on the stock exchange at ₹1,015, delivering a listing gain of 4.96% compared to the IPO issue price of ₹967.
Is Varroc Engineering Limited IPO a Mainboard or SME IPO?
Varroc Engineering Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Varroc Engineering Limited IPO since its IPO?
At the latest market quote of ₹764.25, Varroc Engineering Limited IPO has generated an all-time return of -20.97% since its initial public offering.

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