In the first half of 2016, 11 initial share-sales offers had garnered Rs 6,962 crore.

As many as 22.75 lakh shares of the company were traded on BSE and over one crore shares changed hands on NSE.

The company's Rs 1,955-crore IPO was subscribed 3.6 times during June 26-28.

The offer got fully subscribed on Tuesday.

HDFC Asset Management Company, the country's largest mutual fund firm, has received Sebi's go-ahead to float an IPO.

The proposed IPO offers up to 2.54 crore equity shares through an OFS.

Technical indicator momentum indicator MACD showed bearish crossover for Nifty50 index.

The IPO will close on June 28. At the upper end of the price band, the issue will fetch Rs 1,955 crore.

Varroc Engineering is a global tier-1 automotive component group.

The company has 36 plants across the world, of which 25 are in India.

The price band of the offer has been set between Rs 965-967 with a face value of Re 1.

Monsoon rains are set to hit Bihar in next two to three days, according to the Met Department.

Except for Varroc Engineering, the other three will be SME offerings.

The company had earlier set itself a turnover target of Rs 20,000 crore by fiscal 2021, which means it will have to grow at a compounded an...

With these, the total number of companies, which received Sebi approval hit 22 in 2018 so far.

Auto industry veteran Rahul Bajaj's nephew Tarang Jain is the MD of Varroc Engineering.

The Aurangabad-based Varroc has appointed Ashwani Maheshwari as CEO for its India business from April 2018.