Vikran Engineering Ltd Logo

Vikran Engineering Ltd IPO

BSELot: 148

LISTEDMAINBOARD
Issue Price97
Listing99
Current86.4
Price Band
92 - ₹97
Lot Size
148
Issue Size
₹772 Cr
GMP
0
Subscription
2.51x

IPO Schedule

1
Open
26 Aug
2
Close
29 Aug
3
Allotment
1 Sept
4
Listing
3 Sept

About Vikran Engineering Ltd

Vikran Engineering Ltd. is likely involved in engineering products or services. Without further details, a comprehensive overview is difficult. Investors should consult the Red Herring Prospectus for a detailed understanding of their specific industry and market position.

Subscription Status

QIB
0.43x
NII
5.43x
Retail
2.44x
CategoryDay 3Day 2Day 1
QIB20.51x0.96x0.43x
NII61.77x11.63x5.43x
Retail11.56x5.52x2.44x
Total24.87x5.52x2.51x

Risk Factors

Dependence on specific industries or clients (needs confirmation from RHP).
Fluctuations in raw material prices (needs confirmation from RHP).
Competitive landscape in the engineering sector.

Promoters & Management

The key management team of Vikran Engineering Limited includes: Rakesh Ashok Markhedkar: Chairman and Managing Director. He has 34 years of experience in the EPC sector. Avinash Ashok Markhedkar: Whole-Time Director. He has over 33 years of experience. Nakul Markhedkar: Whole-Time Director. He has over 9 years of experience. Ashish Bahety: Chief Financial Officer. He has over 18 years of experience in the finance sector. Dibyendu Ray: Chief Operating Officer. He has about 34 years of work experience. Kajal Sagar Rakholiya: Company Secretary and Compliance Officer. She has over 9 years of experience in secretarial roles. The senior management team includes Animesh Meshram, Ravindra R Ved, and Atul D Gore. The management team is able to leverage their collective experience and knowledge in the EPC industry, to execute the business strategies for the company's growth. The company's KMP and SMP team comprises of professionally qualified people having expertise in various business functions.