Varroc Engineering IPO to open on June 26 to raise Rs 1955 crore
The IPO comprises sale offer of up to 1.8 million shares by promoter Tarang Jain, about 16.9 million shares by Omega TC Holdings Pte Ltd and up to 1.6 million shares by Tata Capital Financial Services Ltd.
At the upper end of the range, the IPO will raise about 19.55 billion rupees ($287.46 million). Image source: Reuters