Varroc Engineering IPO GMP History
Varroc Engineering IPO has been listed on July 6, 2018 at a listing price of ₹1015, against the issue price of ₹967 — a gain of ₹48 (+4.96%). The GMP peaked at ₹77.5 on 21 June 2018 and reached a low of ₹22.5 on 3 July 2018. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Varroc Engineering IPO raised ₹1955.18 Cr. through its IPO at a price band of ₹965 to ₹967 per share, with a lot size of 15 shares. The IPO was open for subscription from 26 Jun 2018 to 28 Jun 2018.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:12 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 04 Jul 2018 | ₹ 27.5 | ▲ | 3% | — | — |
| 03 Jul 2018 | ₹ 22.5 | — | 2% | — | — |
| 02 Jul 2018 | ₹ 22.5 | — | 2% | — | — |
| 01 Jul 2018 | ₹ 22.5 | — | 2% | — | — |
| 30 Jun 2018 | ₹ 22.5 | — | 2% | — | — |
| 29 Jun 2018 | ₹ 22.5 | ▼ | 2% | — | — |
| 28 Jun 2018 | ₹ 47.5 | ▼ | 5% | — | — |
| 27 Jun 2018 | ₹ 62.5 | ▲ | 6% | — | — |
| 26 Jun 2018 | ₹ 57.5 | ▼ | 6% | — | — |
| 25 Jun 2018 | ₹ 70 | — | 7% | — | — |
| 24 Jun 2018 | ₹ 70 | — | 7% | — | — |
| 23 Jun 2018 | ₹ 70 | ▲ | 7% | — | — |
| 22 Jun 2018 | ₹ 62.5 | ▼ | 6% | — | — |
| 21 Jun 2018 | ₹ 77.5 | — | 8% | — | — |
Varroc Engineering IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 26 Jun 2018
- Close 28 Jun 2018
- Allotment 03 Jul 2018
- Refund/credit 04 Jul 2018
- Listing 06 Jul 2018
Varroc Engineering IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹967 |
|---|---|
| GMP-based estimate (pre-listing) | ₹994 (+2.8%) |
| Listing gain / loss | +₹48 per share |
| Listing date | 06 Jul, 2018 |
| Actual listing price | ₹1015 (+4.96%) |
Is Varroc Engineering IPO GMP reliable?
Grey market premium for Varroc Engineering IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Varroc Engineering IPO full review for a fundamentals-based assessment before making any grey market trades.
Varroc Engineering IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Varroc Engineering IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Varroc Engineering IPO
Varroc Engineering Limited is an Aurangabad based global tier 1 automotive component group, meaning it supplies vehicle makers directly. Its promoter is Tarang Jain.
It designs, makes and supplies exterior lighting systems, plastic and polymer components, electricals and electronics components, and precision metallic components.
It serves passenger car, commercial vehicle, two wheeler and other vehicle makers.
The IPO was Rs 1,955.18 crore and was entirely an offer for sale at Rs 967, the top of the Rs 965 to Rs 967 band, so the company received no money.
Frequently asked
What is the GMP of Varroc Engineering IPO?
The current Grey Market Premium (GMP) of Varroc Engineering IPO is ₹ 27.5.
What is the Kostak Price of Varroc Engineering IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Varroc Engineering IPO is not available.
What is the Subject to Sauda Price of Varroc Engineering IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Varroc Engineering IPO?
Varroc Engineering IPO listed on July 6, 2018 at ₹1015, against the issue price of ₹967 — a gain of +4.96%.
How did the GMP of Varroc Engineering IPO trend before listing?
The GMP of Varroc Engineering IPO was rising in its final days before listing. The GMP peaked at ₹77.5 on 21 June 2018. View the day-wise table above for the complete GMP history.
Explore Varroc Engineering IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
