IPO SYNOPSIS

Vikran Engineering Ltd
Registered Office:
#.401 Odyssey IT Park Road #.9,Wagle Industrial Estate,
Thane (West) - 400604,
Maharashtra, India.
Initial public offer of 79,587,627 equity shares of face value of Re. 1/- each ("equity shares") of Vikran Engineering Limited (formerly known as Vikran Engineering & Exim Private Limited) ("company" or "issuer") for cash at a price of (₹) 97/- per equity share (including a share premium of (₹) 96/- per equity share) ("offer price") aggregating to (₹) 772.00 crores comprising a fresh issue of 74,329,896 equity shares aggregating to (₹) 721.00 crores by the company ("fresh issue") and an offer for sale by Rakesh Ashok Markhedkar of 5,257,731 equity shares aggregating to (₹) 51.00 crores ("offered shares") ( "promoter selling shareholder") and such offer for sale, together with the fresh issue, the "offer". The offer constitutes 30.86% of the post-offer paid-up equity share capital.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
26-Aug-25
29-Aug-25
97.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 148     Further Multiples of : 148
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
670.97
Pantomath Capital Advisors Pvt Ltd
Project Financed
772.00
 
Post Issue
25.79
 
Issue Price
97.00
 
Projects
Funding working capital requirements of the company
General corporate purposes
Promoted By
Rakesh Ashok Markhedkar
Avinash Markhedkar
Nakul Markehdkar
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
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