All Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.
Vikran Engineering Limited | |
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“*As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.” | |
Symbol | VIKRAN |
Issue Period | 26-Aug-2025 to 29-Aug-2025 |
Cut-off time for UPI Mandate Confirmation | “29-Aug-2025 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.” |
Issue Size | “Initial Public Offer of Fresh Issue up to Rs. 7,210 million and offer for sale of up to Rs 510 million including Anchor Allocation 2,38,76,287 Equity Shares” |
Issue Type | 100% Book Building |
Price Range | Rs. 92 to Rs. 97 per Equity Share |
Face Value | Rs.1 per Equity Share |
Tick Size | Re.1 |
Bid Lot | 148 Equity Shares and in multiples thereof |
Minimum Order Quantity | 148 Equity Shares |
Maximum Subscription Amount for Retail Investor | “Rs. 2,00,000” |
Maximum Bid Quantity for QIB Investors | “5,87,39,128 equity shares in multiple of 148 Equity Shares (Calculated at lower Price band)” |
Maximum Bid Quantity for NIB Investors | “4,19,56,520 equity shares in multiple of 148 Equity Shares (Calculated at lower Price band)” |
IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Book Running Lead Managers | “Pantomath Capital Advisors Private Limited, Systematix Corporate Services Limited” |
Sponsor Bank | Kotak Mahindra Bank Limited and ICICI Bank Limited |
Categories | “FI, IC, MF, FII, OTH, CO, IND, and NOH” |
Sub-Categories applicable for UPI | IND (upto 5 Lakhs) |
Name of the Registrar | Bigshare Services Private Limited |
Address of the Registrar | “Office No. S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri (East), Mumbai 400 093” |