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 2018The 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