VIKRAN ENGINEERING LIMITED

26 Aug 2025 - 29 Aug 2025 Individual Category Main Board BSE NSE

Min Investment

₹14356

Price Band

₹92-₹97

Issue Size

587.39 lakhs
Equity Shares

Lot Size

148 (per lot)

IPO Dates
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26 Aug 2025

Open Date

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29 Aug 2025

Close Date

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01 Sep 2025

Allotment Date

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03 Sep 2025

Listing Date

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. Vikran Engineering IPO allotment status is available on Monday, September 1, 2025. Vikran Engineering IPO lot size is 148 shares. The registrar for the Vikran Engineering IPO is Bigshare Services Pvt.Ltd The Vikran Engineering IPO listing date is September 3, 2025.

Know Before Investing

Strengths icon

  • ISO 2015 certification ensures consistent standards and reliability in every project.
  • Broad GFRP product range serves several industrial sectors promoting market reach.
  • Products feature lightweight strength and effective corrosion resistance ideal for tough environments.

Weaknesses icon

  • Limited workforce restricts expansion capacity and operational scalability.
  • Reliance on a single manufacturing plant increases vulnerability to disruptions.
  • Low brand awareness makes growth challenging amidst strong composite industry competitors.

About Vikran Engineering Limited

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.

Founded

2008

Managing Director

Rakesh Ashok Markhedkar

Parent Organization

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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.

Company Promoters

Rakesh Ashok Markhedkar

Avinash Markhedkar

Nakul Markhedkar

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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