Tata Capital-backed Varroc Engineering ups IPO size, eyes $1.9 bn valuation

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Tata Opportunities Fund-backed Varroc Engineering Ltd is eyeing a valuation of as much as Rs 13,036 crore ($1.9 billion) through an initial public offering (IPO) that will open on June 26.The auto components maker has set a price range of Rs 965-967 a share for the issue that will close ......