Read More >>
NEW DELHI: Shares of auto component maker Varroc Engineering made a decent debut on Friday, as the scrip got listed Rs 1,032 on BSE, a 6.72 percent premium over its issue price of Rs 967. On NSE, the scrip got listed at Rs 1,015, up 4.96 percent.
The stock was trading at Rs 1,008, up 4.24 percent on BSE at around 10.20 am (IST).
The Rs 1,955-crore initial public offering, which ran from June 26 to June 28, was subscribed 3.6 times led by strong institutional demand.