Varroc Engineering IPO Subscription Details

Bookbuilding IPO | ₹1,955 Cr | Listed at BSE, NSE | Tue, Jun 26, 2018 - Thu, Jun 28, 2018

Basis of Allotment - Varroc Engineering IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)40,24,34660,36,5181,00,60,86430,18,26070,42,6061,00,0002,02,21,730
Allotment price (Rs.)967967967967967919967
No.of applications4630762443,65,2066293,66,155
No.of shares applied3,68,54,14560,78,9604,29,33,10545,56,29561,38,12055,3355,36,82,855
Amount collected (Rs.cr.)3,563.80 587.84 4,151.63 440.59 593.56 5.09 5,190.43
No.of times subscribed9.161.014.271.510.870.552.65
No.of shares allotted47,54,46260,36,5181,07,90,98032,37,29561,38,12055,3352,02,21,730
Amount (Rs.cr.)459.76 583.73 1,043.49 313.05 593.56 5.09 1,955.18
No.of allottees4630762443,65,2066293,66,155

IPO Shares Offered

Varroc Engineering IPO is a public issue of 2.02 Cr equity shares. The issue offers 0.70 Cr shares to retail investors, 1.01 Cr shares to qualified institutional buyers, and 0.30 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,00,60,864972.89 49.75%
    Anchor 60,36,518 583.73 29.85%
    QIB (Ex Anchor) 40,24,346 389.15 19.90%
NII 30,18,260291.87 14.93%
Retail70,42,606681.02 34.83%
Employee1,00,0009.67 0.49%
Total2,02,21,7301,955.44 100%

Varroc Engineering IPO Anchor Investor Allocation

A total of 60,36,518 shares at a price of Rs 967 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 25, 2018
Anchor investor price₹967.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days30,18,259
No. of shares locked-in for 90 days30,18,259
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SMALLCAP WORLD FUND,INC. SMALLCAP WORLD FUND 10,34,130 100.00 17.13 5.11
2 FIRST STATE INDIAN SUBCONTINENT FUND FIRST STATE 2,46,630 23.85 4.09 1.22
3 FIRST STATE INVESTMENTS ICVC-FIRST STATE ASIA ALL-CAP FUND FIRST STATE 1,04,985 10.15 1.74 0.52
4 CAISSE DE DEPOT ET PLACEMENT DU QUEBEC-FIRST STATE INVESTMENTS INTERNATIONAL LTD. CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 1,13,745 11.00 1.88 0.56
5 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 6,72,195 65.00 11.14 3.32
6 T.ROWE PRICE INTERNATIONAL DISCOVERY FUND T.ROWE PRICE 4,65,360 45.00 7.71 2.30
7 SCHRODER INTERNATIONAL SELECTION FUND-INDIAN OPPORTUNITIES SCHRODER 1,16,370 11.25 1.93 0.58
8 DB INTERNATIONAL (ASIA) LTD. DB INTERNATIONAL (ASIA) LTD. 1,03,425 10.00 1.71 0.51
9 DSP SMALL CAP FUND DSP MUTUAL FUND 3,36,060 32.50 5.57 1.66
10 AXIS FLEXI CAP FUND AXIS MUTUAL FUND 1,55,130 15.00 2.57 0.77
11 AXIS BALANCED ADVANTAGE FUND AXIS MUTUAL FUND 2,06,798 20.00 3.43 1.02
12 AXIS CHILDREN'S FUND AXIS MUTUAL FUND 12,870 1.24 0.21 0.06
13 ICICI PRUDENTIAL BALANCED ADVANTAGE FUND ICICI PRUDENTIAL MUTUAL FUND 3,23,115 31.25 5.35 1.60
14 KOTAK SMALL CAP FUND KOTAK MAHINDRA MUTUAL FUND 82,725 8.00 1.37 0.41
15 KOTAK AGGRESSIVE HYBRID FUND KOTAK MAHINDRA MUTUAL FUND 1,03,965 10.05 1.72 0.51
16 KOTAK INDIA GROWTH FUND-SERIES 5 KOTAK MAHINDRA MUTUAL FUND 70,005 6.77 1.16 0.35
17 KOTAK CONTRA FUND KOTAK MAHINDRA MUTUAL FUND 41,355 4.00 0.69 0.20
18 KOTAK EQUITY SAVINGS FUND KOTAK MAHINDRA MUTUAL FUND 28,635 2.77 0.47 0.14
19 KOTAK DEBT HYBRID FUND KOTAK MAHINDRA MUTUAL FUND 9,375 0.91 0.16 0.05
20 SBI FLEXICAP FUND SBI MUTUAL FUND 3,36,060 32.50 5.57 1.66
21 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 3,36,060 32.50 5.57 1.66
22 HSBC LARGE & MID CAP FUND HSBC MUTUAL FUND 1,41,990 13.73 2.35 0.70
23 HSBC MID CAP FUND HSBC MUTUAL FUND 1,94,070 18.77 3.21 0.96
24 PGIM INDIA LARGE CAP FUND PGIM INDIA MUTUAL FUND 48,255 4.67 0.80 0.24
25 PGIM INDIA AGGRESSIVE HYBRID EQUITY FUND PGIM INDIA MUTUAL FUND 24,135 2.33 0.40 0.12
26 PGIM INDIA ELSS TAX SAVER FUND PGIM INDIA MUTUAL FUND 31,035 3.00 0.51 0.15
27 SUNDARAM MID CAP FUND SUNDARAM MUTUAL FUND 3,36,060 32.50 5.57 1.66
28 AXIS NEW OPPERTUNITIES AIF-SERIES I AXIS 1,55,130 15.00 2.57 0.77
29 NUVAMA PRIVATE INVESTMENTS TRUST-NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III NUVAMA 1,03,425 10.00 1.71 0.51
30 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 1,03,425 10.00 1.71 0.51
60,36,518583.7310029.85

IPO Subscription FAQs

The Varroc Engineering IPO is subscribed 3.54128052509895 times by Jun 28, 2018 17:00.

Varroc Engineering IPO Subscription

Investor Category Subscription (times)
Qualified Institutional9.15290335373748
Non Institutional2.45190109533307
Retail Individual0.84290105111659
Employee Reservations0.6267
Total Subscription3.54128052509895

Retail category of Varroc Engineering IPO subscribed 0.84290105111659 times as of date Jun 28, 2018 17:00. The public issue closes on Thu, Jun 28, 2018 for bidding.

An investor can apply in Varroc Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Varroc Engineering IPO shares are offered online only.

The Varroc Engineering IPO is subscribed 3.54128052509895 times by Jun 28, 2018 17:00.

The Varroc Engineering IPO allotment status is expected on or around Tuesday, July 3, 2018. Visit Varroc Engineering IPO allotment status to check.

The Varroc Engineering IPO listing date is July 6, 2018. The equity share of Varroc Engineering IPO will list on BSE, NSE.

Visit Varroc Engineering IPO subscription status page for real-time bidding information about Varroc Engineering IPO.

Varroc Engineering IPO Timetable

IPO opens OnTuesday, June 26, 2018
IPO Closes OnThursday, June 28, 2018
Finalisation of Basis of AllotmentTuesday, July 3, 2018
Initiation of RefundsWednesday, July 4, 2018
Credit of Shares to Demat AccountThursday, July 5, 2018
IPO Listing DateFriday, July 6, 2018
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