|
Issue Open Date
|
26-Jun-18
|
|
Issue Closing Date
|
28-Jun-18
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
965
-
967
|
|
Minimium Application No.
|
15
|
|
Issue Size (Shares)
|
14185212
|
|
Market Lot
|
1.00
|
|
|
|
Objective
|
|
The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and to carry out the Offer for Sale by Selling Shareholders. Further, our Company expects that listing of the Equity Shares will enhance our visibility and brand image and provide liquidity to our Shareholders. The listing will also provide a public market for the Equity Shares in India. Our Company will not receive any proceeds from the Offer and all the proceeds will be received by the Selling Shareholders, in proportion to the Equity Shares offered by the respective Selling Shareholders as part of the Offer.
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
3018260
|
7406715
|
2.45
|
Qualified Institutional Buyers
|
4024346
|
36854145
|
9.16
|
Retail Individual Investors
|
7042606
|
6659190
|
0.95
|
|
|
|
Business Description
|
|
We are a global tier-1 (tier-1 companies are companies that directly supply to original equipment manufacturers("OEMs")) automotive component group. We design, manufacture and supply exterior lighting systems, plasticand polymer components, electricals-electro |
more... |
|
|
Promoter's Holding
|
|
Total Share Capital
|
116342360
|
|
Offered to Public
|
20221730
|
|
Promoter's Holding (Pre-Issue)
|
86.3
|
|
Promoter's Holding (Post-Issue)
|
85
|
|
|
|
|
|
|
|
Address |
L-4 M I D C Industrial Area Waluj
Chhatrapati Sambhajinagar - (Aurangabad)
,
Maharashtra
,
431136
Phone:
0240-6653700
Email:
varroc.info@varroc.com
Website:
www.varroc.com
|
|
Registrar |
Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
Citigroup Global Capital Markets India Pvt Ltd Credit Suisse Securities (India) Pvt Ltd. IIFL Holdings Ltd. Kotak Mahindra Capital Co Ltd
|
|
Promoters |
Tarang Jain
|
|