E-PaperVarroc Ipo News
Varroc Engineering posts strong gains, gets over 7% premium on stock-market debut
Shares of Varroc Engineering closed at 1,037.35 each on the National Stock Exchange, up 7.28% from its issue price of 967
2 min read6 Jul 2018Varroc IPO opens, high valuations promise a roller-coaster ride
The Varroc Engineering IPO, which opens for retail subscription today, has a price band of 965-967 per share, implying an expensive price-to-earnings ratio of 29 times its FY18 earnings
2 min read26 Jun 2018Varroc Engineering IPO to launch on 26 June
Varroc Engineering, backed by Tata Opportunities Fund, has fixed a price band of ₹965-967 per share for the IPO
2 min read20 Jun 2018Varroc to continue focus on growing core business post IPO
While Varroc Engineering's global lighting business accounts for more than 60% of revenue, two-wheelers almost make up the rest
2 min read26 Apr 2018Varroc Engineering plans to launch IPO
Varroc Engineering, an auto components firm backed by Tata Opportunities Fund, is said to have appointed Kotak Mahindra Capital and Credit Suisse to manage the IPO
2 min read8 Jan 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared