Vikran Engineering Raises Rs 232 Crore Through Anchor Allocation Ahead Of IPO
Published on: Aug. 25, 2025, 8:18 p.m. | Source: NDTV Profit
Vikran Engineering Ltd. raised Rs 231.6 crore from anchor investors on Monday, ahead of its initial public offering. It allotted 2.38 crore shares at Rs 97 apiece to 14 anchor investors. Societe Generale-ODI got the highest allocation. Bank of India Small Cap Fund got the second highest allotment and Nippon India Equity Opportunities AIF-Scheme 8, LC Pharos Multi Strategy Fund VCC - LC Pharos Multi Strategy Fund SF, Negen Undiscovered Value Fund and SBI General Insurance Co got an 8.6% stake
