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Varroc Engineering Ltd.
Issue Open Date 26-Jun-18  
Issue Closing Date 28-Jun-18  
Application Money 100  
Allotment Money  
Price Band () 965 - 967  
Minimum Bid Quantity. 15  
Issue Size (Shares) 14185212  
Market Lot 1  
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.

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-electronics components, and precision metallic components to passenger car,commercial vehicle, two-wheeler, three-wheeler and off highway vehicl...

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
Address :L-4
M I D C
Industrial Area
Waluj
City :Chhatrapati Sambhajinagar - (Aurangabad), State :Maharashtra Pincode :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
BNK Securities Pvt. Ltd

CIN No.:U67120WB1995PTC071182 (ISO 90001:2015 & ISO 27001:2013 Certified Company)

Registered Office: Mayfair Tower, 2,Palm Avenue,Kolkata-700 019

Tel:+91-33-4602-2160/61/62/63 Email:contact@bnkcapital.com

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