Vikran Engineering Ltd - IPO

Vikran Engineering Ltd IPO Details

Initial public 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 cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. 1000.00 crores comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 900.00 crores by the company (fresh issue) and an offer for sale by rakesh ashok markhedkar of up to [*] equity shares aggregating up to Rs. 100.00 crores (offered shares) (promoter selling shareholder) and such offer for sale, together with the fresh issue, the offer.The face value of equity shares is Re. 1 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding working capital requirements of the company. General corporate purposes.

Vikran Engineering Ltd Contact Details

Vikran Engineering Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - companysecretary@vikrangroup.com

Website - www.vikrangroup.com