Vikran Engineering Ltd IPO |
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 |
(Rs)97.00-0.00 |
(Rs)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 through Current Offer |
772.00 |
|
| Post Issue Equity Share Capital |
25.79 |
|
| Issue Price |
(Rs)97.00 |
|
|