Description
NSE announces the listing of Vikran Engineering Limited equity shares effective September 3, 2025, following its IPO at Rs. 97 per share.
Summary
The National Stock Exchange has announced the listing of equity shares of Vikran Engineering Limited following its Initial Public Offering (IPO). The shares will commence trading on the NSE Capital Market segment from September 3, 2025, under the symbol ‘VIKRAN’ with an issue price of Rs. 97 per share.
Key Points
- Trading symbol: VIKRAN
- ISIN: INE01R501028
- Face value: Re. 1/- per share
- IPO issue price: Rs. 97/-
- Total shares: 257,911,026 equity shares
- Market lot: 1 share
- Series: EQ (Equity)
- Pre-open session applicable for IPO category
Regulatory Changes
No regulatory changes announced. Standard listing procedures under NSE (Capital Market) Trading Regulations Part A apply.
Compliance Requirements
- Members must use the designated security code ‘VIKRAN’ for trading
- Trading must be in the specified lot size of 1 share
- Security will participate in pre-open session for IPO category as per SEBI circulars CIR/MRD/DP/01/2012 and CIR/MRD/DP/02/2012
Important Dates
- Listing effective date: September 3, 2025
- Lock-in periods:
- Various tranches locked until September 30, 2025
- Some portions locked until November 29, 2025
- Certain shares locked until March 4, 2026
- Extended lock-in until March 4, 2027 for specific shares
- Financial Year: April 2025 - March 2026
Impact Assessment
Minimal market impact expected as this is a routine IPO listing. The company operates in the engineering sector with registered office in Thane, Maharashtra. The listing adds another equity option for investors in the capital market segment with standard trading features and no special conditions beyond typical lock-in requirements for IPO shares.
Impact Justification
Standard IPO listing announcement with no unusual terms or market-wide implications