IPO Synopsis

Vikran Engineering Ltd
Registered Office: #.401 Odyssey IT Park Road #.9,Wagle Industrial Estate,Thane (West)-400604, Maharashtra
Tel. No: +91-22 6263 8263
Fax No:
Email: companysecretary@vikrangroup.com
Website: www.vikrangroup.com
Initial public offer of up to 79,587,629 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. 87 per equity share) ("offer price") aggregating up to Rs. 772.00 crores comprising a fresh issue of up to 74,329,897 equity shares aggregating up to Rs. 721.00 crores by the company ("Fresh Issue") and an offer for sale by Rakesh Ashok Markhedkar of up to 52,57,732 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".
Issue Money Payable On
Opens On Closes On Application Allotment
26-Aug-2025 29-Aug-2025 ₹97.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 148 Further Multiples of :148
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 772.00 Systematix Corporate Services Ltd
Post Issue Equity Share Capital 25.79
Issue Price 97.00
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