16 Sep, 10:29 - Indian

Nifty 50 25161.45 (0.37)

Nifty Midcap 100 58666.45 (0.31)

Nifty Pharma 22249.85 (0.23)

Nifty IT 35968.75 (0.19)

Nifty Smallcap 100 18256.2 (0.71)

SENSEX 82140.2 (0.43)

Nifty Next 50 68934.2 (0.48)

Nifty Bank 55053 (0.30)

16 Sep, 10:29 - Global

NIKKEI 225 45022.35 (0.57)

HANG SENG 26464 (0.07)

S&P 6696.5 (0.95)


IPO Synopsis

You are Here : Home > Home > Markets > IPO > IPO Synopsis
Vikran Engineering Ltd
Registered Office: #.401 Odyssey IT Park Road #.9,Wagle Industrial Estate , Thane (West) - 400604 , Maharashtra , India.
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.

Issue Money Payable On
Opened On Closed On Offer Price Application
26-Aug-25 29-Aug-25 ₹  97.00 ₹  97.00
Minimum Application for shares in Nos :148  Further Multiples of :148

  Lead Managers to the Issue
Project Cost ₹   670.97 Cr
Pantomath Capital Advisors Pvt Ltd
Systematix Corporate Services Ltd
Project Financed through Current Offer ₹   772.00 Cr  
Post Issue Equity Share Capital ₹   25.79 Cr  
Face Value ₹   1  
 
Projects
Funding working capital requirements of the companyGeneral corporate purposes
Promoted By
Rakesh Ashok Markhedkar  
Avinash Markhedkar  
Nakul Markehdkar  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
 

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +