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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
Opens On Closes On Application Allotment
26-Aug-25 29-Aug-25 Rs97.00-0.00 Rs0.00-0.00
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 through Current Offer 772.00  
Post Issue Equity Share Capital 25.79  
Issue Price Rs97.00  
 
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
Bigshare Services Pvt Ltd