Varroc Engineering Limited IPO Details

Varroc Engineering Limited IPO Subscription Details
As on Date	QIB	NII	RII	Employee	Total
Shared Offred	40,24,346	30,18,260	70,42,606	1,00,000	1,41,85,212
Day-1 [26-06-2018]	41,91,615 [1.04]	29,610 [0.01]	3,87,315 [0.06]	9,930 [0.10]	46,18,470 [0.33]
Day-2 [27-06-2018]	1,27,72,875 [3.18]	1,18,800 [0.04]	15,54,090 [0.22]	33,810 [0.34]	1,44,79,575 [1.02]
Day-3 [28-06-2018]	3,68,54,145 [9.15]	74,06,715 [2.45]	66,50,235 [0.94]	64,530 [0.64]	5,09,75,625 [3.60]

Varroc Engineering Limited was established in 1988, Varroc group is a global tier-1 automotive component manufacturer and supplier of exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off highway vehicle ("OHV") OEMs directly worldwide.With 36 world-class manufacturing facilities and 16 R&D centers in 10 countries, Varroc group is on an exponential growth trajectory clocking a sale of 1.5 billion USD in 2016-17.

The company is one of the leading global passenger car lighting suppliers and amongst the top 2-wheeler automotive component supplier in India. Varroc offers best design solutions that give customers a competitive edge in their markets.

Varroc Engineering Limited IPO Details
Issue Open	26-06-2018
Issue Close	28-06-2018
Allotment Date	04-07-2018
Unblocked Amount	05-07-2018
Listing Date	06-07-2018
Issue Size	2,02,21,730 Total Equity Share - Fresh Issue Equity Share - OFS Equity Share
Issue Size	₹ 1945.77 Cr Total ₹ - Cr Fresh ₹ - Cr OFS
IPO Price Band	₹ 965 - ₹ 967
Minimum Share Bid	15
Minimum Investment Amount [₹]	₹ 14475 - ₹ 14505
Face Value	₹ 1
Qualified Institutional Buyer [QIB]	50%
High Networth Individual [HNI]	15%
Retail Individual Investor [RII]	35%
Listing On	BSE NSE

Varroc Engineering Limited IPO Gray Market Value
Latest Update	26-07-2018 : 09:00 AM
Kostak Price [As Per Market View]	-
Premium [Per Share] [As Per Market View]	10
Expected Listing Gain [Subject to Sauda]	250

Varroc Engineering Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2013	4225.29	4220.92	-25.43
FY-2014	6139.37	6055.15	42.04
FY-2015	7038.46	7063.34	-79.05
FY-2016	8239.52	7897.54	459.35
FY-2017	9702.26	9454.26	217.20
Dec-2017	7415.42	7101.41	426.94

Varroc Engineering Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 27.74
Price/Earnings [P/E] Ratio	51.64
Return on Net Worth [RoNW]	13.88 %
Net Asset Value [NAV]	₹ 212.06 Per Share

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Varroc Engineering Limited IPO Contact Details
Varroc Engineering Limited L-4, MIDC Area, Waluj, Aurangabad 431136, Tel:- +91 240 6653 700/6653 699, Fax:- +91 240 2564 540 Contact Person:- Rakesh Darji E-mail:-investors@varroc.com Website:-www.varrocgroup.com

Registrar of Varroc Engineering Limited IPO
Link Intime India Private Limited C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India Telephone: +91 22 4918 6200 Facsimile: +91 22 4918 6195 E-mail:-varroc.ipo@linkintime.co.in Investor grievance E-mail: varroc.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No.: INR000004058

Lead Managers of Varroc Engineering Limited IPO

Kotak Mahindra Capital Company Limited 1st Floor, 27 BKC Plot No. 27 “G” Block Bandra Kurla Complex, Bandra (East) Mumbai 400 051, Maharashtra, India Tel: +91 22 4336 0000; Fax: +91 22 6713 2447 E-mail: varroc.ipo@kotak.com Investor grievance email: kmccredressal@kotak.com Website: www.investmentbank.kotak.com Contact Person: Ganesh Rane SEBI Registration No.: INM000008704 Citigroup Global Markets India Private Limited 1202, 12th Floor First International Financial Center G-Block, Bandra Kurla Complex, Bandra East Mumbai 400 098 Tel: +91 22 6175 9999 Fax: +91 22 6175 9898 E-mail: varroc.ipo@citi.com Website: www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm Investor Grievance E-mail: investors.cgmib@citi.com Contact Person: Ashish Guneta SEBI Registration No:- INM000010718 Credit Suisse Securities (India) Private Limited Ceejay House, 9th Floor, Plot F, Shivsagar  Estate, Dr. Annie Besant Road, Worli Mumbai-400 018  Tel:- +91 22 6777 3914 Fax:- +91 22 6777 3820 E-mail:-list.varrocipo@credit-suisse.com Investor grievance E-mail:-list.igcellmer-bnkg@credit-suisse.com Contact Person:- Ashish Khullar Website:- www.creditsuisse.com/in/en/investment-banking/regional-presence/asia-pacific/india/ipo.html SEBI Registration No:- INM000011161 IIFL Holdings Limited 10th Floor, IIFL Centre, Kamala City Senapati Bapat Marg Lower Parel (West) Mumbai 400 013 Tel: +91 22 4646 4600 Fax: +91 22 2493 1073 E-mail: varroc.ipo@iiflcap.com Website: www.iiflcap.com Investor Grievance E-mail: ig.ib@iiflcap.com Contact Person: Pinak Bhattacharyya/ Sourav Roy SEBI Registration No.: INM000010940