August, 25 2025 Monday 14:35 Hrs
  • SENSEX :   81,685.88

  • Commodity broking firm in India379.03( 0.47%) 25-Aug-2025

IPO Synopsis

Vikran Engineering Ltd
Initialpublic offer of up to [*] 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 cashat a price of Rs. [*] per equity share (including a share premium of Rs. [*] perequity share) ("offer price") aggregating up to Rs. 772.00 crores comprisinga fresh issue of up to [*] equity shares aggregating up to Rs. 721.00 crores by the company ("Fresh Issue") and anoffer for sale by Rakesh Ashok Markhedkar of up to[*] equity shares aggregating up to Rs. 51.00 crores ("offered shares") ( "promoter selling shareholder") and such offer for sale, together with the fresh issue, the "offer". Price Band:Rs. 92 to Rs.97 per equity share of the face value of Rs.10 each. The floor price is 92 times of the face value the cap price is 97 times of the face value. Bids can be made for a minimum of 148 equity shares and in multiples of 148 equity shares thereafter.
Issue
Opens On Closes On
26-Aug-25 29-Aug-25
Money Payable On
Application Allotment
92.00 0.00
Minimum Application for shares in Nos : 148 Further Multiples of : 148
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 772.00  
Post Issue Equity Share Capital (.Cr) 25.79
Issue Price () 92.00
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
Bigshare Services Pvt Ltd
Top
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