Vikran Engineering Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.97
Issue Size:
Rs.772.00 Cr
Lot Size:
148 shares
Open Date:
August 26
Vikran Engineering Ltd. IPO Overview
Bidding Dates
August 26 - August 29
Min Investment
₹14,356
Price Range
₹97
Issue Size
₹772.00 Cr
IPO DRHP Doc
Company Overview
Vikran Engineering Limited, incorporated in 2008, is an Engineering, Procurement, and Construction (EPC) company. It has completed 44 projects across 11 states and has 34 ongoing projects in 17 states. The company serves clients in the government sector, including NTPC Limited and Power Grid Corporation of India Limited, and has a pan-India presence with 195 sites and store locations. Vikran Engineering offers a range of EPC services tailored to customer needs.
IPO Timeline
Opens
Aug 26
Closes
Aug 29
Allotment
Sep 1
Refunds
Sep 2
Shares Credit
Sep 2
Listing
Sep 3
Opens
Aug 26
Closes
Aug 29
Allotment
Sep 1
Refunds
Sep 2
Shares Credit
Sep 2
Listing
Sep 3
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 20.51x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 61.77x | Oversubscribed |
| RII (Retail Individual Investors) | 11.56x | Oversubscribed |
| Total Subscription | 24.87x | Oversubscribed |
Last updated: Aug 29, 2025, 05:06 PM
Current GMP:
Rs.7
Est. Listing:
Rs.104
Est. Gain:
+7.2%
Star Rating:
★★★★★(2/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹1,354.68 Cr | ₹959.79 Cr | ₹712.47 Cr |
| EBITDA | ₹160.24 Cr | ₹133.3 Cr | ₹79.71 Cr |
| Net Worth | ₹467.87 Cr | ₹291.28 Cr | ₹131.14 Cr |
| Profit After Tax | ₹77.82 Cr | ₹74.83 Cr | ₹42.84 Cr |
| Reserves and Surplus | ₹449.52 Cr | ₹290.95 Cr | ₹130.85 Cr |
| Total Borrowing | ₹272.94 Cr | ₹183.39 Cr | ₹154.92 Cr |
| Total Income | ₹922.36 Cr | ₹791.44 Cr | ₹529.18 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Diversified project portfolio across power, water, and railway sectors.
- Strong track record with 44 completed and 34 ongoing projects in 17 states.
- Established relationships with major government and public sector clients.
- Robust financial growth with significant CAGR in sales and net profit over five years.
- Successful capital raising of over ₹100 crore in pre-IPO funding rounds.
IPO Details
Vikran Engineering IPO Details
| ₹1 per share | |
| ₹97 per share | |
| 148 Shares | |
| 18,35,81,130 shares | |
| 25,79,11,026 shares | |
| 52,57,731 shares of ₹1 (aggregating up to ₹51.00 Cr) | |
| 7,43,29,896 shares (aggregating up to ₹721.00 Cr) | |
| 7,95,87,627 shares (aggregating up to ₹772.00 Cr) | |
| BSE, NSE | |
| IPO Date | August 26, 2025 to August 29, 2025 |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| September 3, 2025 |
Vikran Engineering IPO Reservation
Share Reservation Distribution
QIB
39,793,814 shares (50%)
Retail
27,855,670 shares (35%)
Anchor Investors
23,876,287 shares (30%)
QIB (Ex-Anchor)
15,917,527 shares (20%)
HNI (NII)
11,938,144 shares (15%)
bNII (>₹10L)
7,958,763 shares (10%)
sNII (<₹10L)
3,979,381 shares (5%)
Vikran Engineering IPO Promoter Holding
| Promoter Holding Post Issue | |
| Promoter Holding Pre Issue | 81.78% |
Vikran Engineering IPO Listing Details
| ₹97 per share |
| 544496 |
| B |
| EQ |
| INE01R501028 |
| September 3, 2025 |
| VIKRAN |
Key Dates
Open Date:August 26
Close Date:August 29
Listing Date:September 3
