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Vikran Engineering Ltd
Vikran Engineering Ltd
Registered Office : #.401 Odyssey IT Park Road #.9,Wagle Industrial Estate,Thane (West) Maharashtra 400604 Phone : +91-22 6263 8263
Fax :
Email : companysecretary@vikrangroup.com
Website : www.vikrangroup.com
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 Rs. 97/- per equity share (including a share premium of Rs. 96/- per equity share) ("offer price") aggregating to Rs. 772.00 crores comprising a fresh issue of 74,329,896 equity shares aggregating to Rs. 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 Rs. 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.
Opens On
Closes On
26-Aug-2025
29-Aug-2025
Application
Allotment
97.00
0.00
Minimum Application for shares in Nos : 148.0 Further Multiples of : 148.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
670.97
772.00
25.79
97.00
Pantomath Capital Advisors Pvt Ltd
Systematix Corporate Services Ltd
- Funding working capital requirements of the company
- General corporate purposes
- Rakesh Ashok Markhedkar
- Avinash Markhedkar
- Nakul Markehdkar
- BSE
- NSE
- Bigshare Services Pvt Ltd