Vikran Engineering made its stock market debut on Wednesday after receiving strong interest for its Rs 772 crore IPO, which was subscribed nearly 25 times. The stock listed at a modest premium – Rs 99.70 on BSE and Rs 99.00 on NSE – against the issue price of Rs 97. The IPO was backed by noted investors Ashish Kacholia and Mukul Agarwal.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets