Vikran Engineering IPO GMP, Open Date, Price Band, Issue Size

  • 20-Aug-2025
  • 2 mins read
Vikran Engineering IPO

Vikran Engineering IPO GMP, Open Date, Price Band, Issue Size

Vikran Engineering IPO open date is August 26, 2025, and the closing date is August 29, 2025. This new IPO is a book-built issue of 7,95,87,627 equity shares worth up to Rs 721 crores. This upcoming IPO is offering a combination of fresh issue of 7,43,29,896 equity shares worth up to Rs 721 crore and offer for sale of 52,57,731 equity shares aggregating up to Rs 51 crores.

Vikran Engineering IPO price band is Rs 92 to Rs 97 per share. Currently, the Vikran Engineering IPO GMP Live quotation is Rs 12 per share. Live IPO Grey Market Premium details will be available online. However, the Vikran Engineering IPO DRHP was filed on September 30, 2024, with SEBI.

Vikran Engineering IPO allotment status is available on Monday, September 1, 2025. Vikran Engineering IPO lot size is 148 shares. The minimum investment for retail investors for one lot is Rs 14,356. The registrar for the Vikran Engineering IPO is Bigshare Services Pvt.Ltd The Vikran Engineering IPO listing date is September 3, 2025.

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Vikran Engineering IPO GMP

The Vikran Engineering IPO GMP quotation is Rs 12 per share. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then the Vikran Engineering IPO GMP may rise.

Vikran Engineering IPO Open Date, Close Date

Vikran Engineering IPO open date is August 26 , 2025, and the IPO close date is August 29, 2025. The initiation of the refund date is September 2, 2025, and the credit of shares will be on the same date.

Vikran Engineering IPO Price Band

Vikran Engineering IPO price band is Rs 92 to Rs 97 per share. The minimum amount of investment for the retail category is Rs 14,356, and for small HNI, the minimum investment is Rs 2,00,984. The minimum investment for the Big HNI is Rs 10,04,920.

Vikran Engineering IPO Allotment Status

Vikran Engineering IPO allotment status is available on September 1, 2025. The Listing will be on the BSE and NSE platforms on September 3, 2025. The registrar of this IPO is Bigshare Services Pvt. Ltd. Investors can check their allotment status after the IPO subscription ends.

Vikran Engineering IPO Listing Date

Vikran Engineering IPO’s listing date is September 3, 2025. The Listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Vikran Engineering IPO: Listing Date, Lot Size, Price Band

IPO Date

September 3, 2025, to August 29, 2025

Listing Date

September 3, 2025

Face Value

Rs 1 per share

Issue Price Band

Rs 92 to Rs 97 per share

Lot Size

148 Shares

Total Issue Size

7,95,87,627 shares

(aggregating up to ₹772.00 Cr)

Fresh Issue

7,43,29,896 shares

(aggregating up to ₹721.00 Cr)

Offer for Sale

52,57,731 shares of ₹1

(aggregating up to ₹51.00 Cr)

Issue Type

Book-built IPO

Listing At

BSE, NSE

Share Holding Pre-Issue

18,35,81,130 shares

Share Holding Post Issue

25,79,11,026 shares

Vikran Engineering Ltd. About the Company

Vikran Engineering IPO Details

Vikran Engineering Ltd, established in 2008, is a leading Engineering, Procurement, and Construction (EPC) company headquartered in Thane, Maharashtra. With ISO certifications for quality, environment, and safety management, the company focuses on turnkey solutions across power transmission, water infrastructure, and railway electrification. Its portfolio boasts completed projects valued at ₹1,919.92 crore and currently handles contracts worth ₹5,120.21 crore across multiple Indian states. 

Vikran Engineering specialises in high-voltage substations, transmission lines up to 765kV, and railway electrification with advanced signalling systems. Leveraging an asset-light model, the company executes projects efficiently, utilising robust in-house resources for effective planning and delivery. Vikran’s diverse client base includes NTPC, Power Grid Corporation, state utilities, and Indian Railways, underscoring its strong reputation for timely and quality-driven project execution. The company’s vision centres on sustainable growth and technological innovation in infrastructure development.

Vikran Engineering IPO Objectives

Vikran Engineering intends to utilise the net proceeds from its IPO primarily towards repayment and/ or pre-payment, in full or in part, of certain outstanding borrowings availed by the company and general corporate purposes.

Vikran Engineering IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Tue, Aug 26, 2025

IPO Close Date

Fri, Aug 29, 2025

Allotment Status

Mon, Sep 1, 2025

Initiation of Refunds

Tue, Sep 2, 2025

Credit of Shares to Demat

Tue, Sep 2, 2025

Listing Date

Wed, Sep 3, 2025

Cut-off time for UPI mandate confirmation

5 PM on August 29, 2025

Vikran Engineering IPO Lot Size Details

Vikran Engineering IPO lot size is 148 equity shares in 1 lot. For retail, the minimum lot size is one lot, amounting to Rs 14,356. For small HNIs, the minimum amount is Rs 2,00,984.

Vikran Engineering IPO Promoter Holdings

Vikran Engineering IPO promoters are Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar. The promoters’ shareholdings before the IPO were 81.78% however, after the IPO, shareholdings will decline.

Vikran Engineering IPO: Company Financials

Period Ended

31 Mar 2025

31 Mar 2024

31 Mar 2023

Assets

1,354.68

959.79

712.47

Total Income

922.36

791.44

529.18

Profit After Tax

77.82

74.83

42.84

EBITDA

160.24

133.30

79.71

Net Worth

467.87

291.28

131.14

Reserves and Surplus

449.52

290.95

130.85

Total Borrowing

272.94

183.39

154.92

Vikran Engineering IPO Registrar

Vikran Engineering IPO registrar is Bigshare Services Pvt. Ltd. On the date of allotment, investors can click on the registrar’s website, select the name of the company, and enter their PAN number or application ID to check their allotment status.

How to apply for the Vikran Engineering IPO

Interested investors can apply to the Vikran Engineering IPO directly from the Bigul trading app. You can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Vikran Engineering IPO FAQ

1. What are the details of the Vikran Engineering IPO?

Vikran Engineering IPO is a book-built issue of 7,95,87,627 equity shares worth up to Rs 721 crores. This upcoming IPO is offering a combination of fresh issue of 7,43,29,896 equity shares worth up to Rs 721 crore and offer for sale of 52,57,731 equity shares aggregating up to Rs 51 crores.

2. What are the Vikran Engineering IPO open date and closing date?

Vikran Engineering IPO open date is August 26, 2025, and the closing date is August 29, 2025. Vikran Engineering IPO listing date is September 3, 2025, and allotment status will be available on September 1, 2025.

3. What is the Vikran Engineering IPO GMP?

The Vikran Engineering IPO GMP quotation is Rs 12 per share. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then the Vikran Engineering IPO GMP may rise.

4. Write the details of the IPO Allotment Status.

Vikran Engineering IPO allotment status date is September 1, 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Pvt. Ltd. Investors can check their allotment status after the IPO subscription period ends.

5. Who are the registrar and lead managers for the Vikran Engineering IPO?

Vikran Engineering IPO registrar is Bigshare Services Pvt. Ltd. On the date of allotment, investors can click on the registrar’s website, select the name of the company, and enter their PAN number or application ID to check their allotment status. The lead managers of the Vikran Engineering IPO are Pantomath Capital Advisors Pvt.Ltd and Systematix Corporate Services Ltd.

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