The shares of Vikran Engineering Ltd were first listed on the stock exchanges on 03 Sep 2025.
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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 crorescomprising 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. Theoffer constitutes 30.86% of the post-offer paid-up equity share capital.
The shares of Vikran Engineering Ltd were first listed on the stock exchanges on 03 Sep 2025.
The total issue size of the Vikran Engineering Ltd IPO is 772.00
The minimum lot size for Vikran Engineering Ltd public issue was 148.00 shares.
The price band of the IPO of Vikran Engineering Ltd was 97.00 to 0.00 per equity shares.
Our Company was originally incorporated as `Ratangiri Financial Advisory Private Limited', as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated June 4, 2008 issued by the Deputy Registrar of Companies, West Bengal at Kolkata. Pursuant to a special resolution passed by the Shareholders of our Company at the extra-ordinary general meeting held on July 31, 2015, the name of our Company was changed to `Vikran Engineering & Exim Private Limited' due to change in the nature of business and a fresh certificate of incorporation pursuant to change of name dated August 7, 2015 was issued by the Registrar of Companies, Kolkata. Subsequently, the Board determined it would be appropriate to change the name of the Company as a part of strategic corporate rebranding, and to align more closely with the core business activities, and pursuant to a special resolution passed by the Shareholders of our Company at the extra-ordinary general meeting held on June 17, 2024, the name of our Company was changed to `Vikran Engineering Private Limited' and a fresh certificate of incorporation dated July 30, 2024 was issued by the Registrar of Companies, Central Processing Centre. Thereafter, our Company was converted to a public limited company, pursuant to a special resolution passed by the Shareholders of our Company at the extra-ordinary general meeting held on August 12, 2024, the name of our Company was changed to `Vikran Engineering Limited' and a fresh certificate of incorporation consequent upon conversion to public limited company dated September 20, 2024, was issued to our Company by the RoC.
Bigshare Services Pvt Ltd is the registrar and share transfer agent of Vikran Engineering Ltd IPO.