| 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 crores
comprising 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". The
offer constitutes 30.86% of the post-offer paid-up equity share capital. |