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Vikran Engineering Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹97
Issue Price
₹97
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹97
GMP based
Lot Size
148
shares / lot
Min Amount
₹14,356
1 lot · 148 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
26 Aug 2025
Tue Completed
Done
Close Date
29 Aug 2025
Fri Completed
Done
Allotment
01 Sep 2025
Mon Completed
Done
Refund
02 Sep 2025
Tue Completed
Done
Demat Credit
02 Sep 2025
Tue Completed
Done
Listing Date
03 Sep 2025
Wed Completed
UPI Deadline: 29 Aug 2025
Issue Details
Pricing & Size
Issue Price
₹97 Face ₹1
Lot Size
148 shares
Min Investment
₹14,356
Total Issue Size
7,95,87,627 shares (aggregating up to ₹772.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
3,97,93,812 (50.00%)
NII / HNI
1,19,38,145 (15.00%)
Retail
2,78,55,670 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
18,35,81,130 shares
Post-Issue Shareholding
25,79,11,026 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 148 ₹14,356
HNI / NII 14 2,072 ₹2,00,984
bHNI / bNII 70 10,360 ₹10,04,920
Objects of Issue
2 objectives
1
1 Funding working capital requirements of the Company.
541.00 Cr
2
2 General corporate purposes.
129.97 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Systematix Corporate Services Ltd.
IPO Timeline
Open
26 Aug
✓ Done
Close
29 Aug
✓ Done
Allotment
01 Sep
✓ Done
Listing
03 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
companysecretary@vikrangroup.com
Phone
+91-22-62638263
Address
401, Odyssey I.T. Park, Road No. 9, Wagle Industrial Estate Thane (W), Maharashtra Thane, Maharashtra, 400604
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹97
Est. Listing
₹97
Lot Size
148 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Vikran Engineering Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹97
GMP
+₹0 (+0%)
GMP Est. Listing
₹97
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 3,97,93,812 (50.00%) ₹38,600.00 Cr
NII / HNI (Total) 1,19,38,145 (15.00%) ₹11,580.00 Cr
Retail Investors 2,78,55,670 (35.00%) ₹27,020.00 Cr
Total ** 7,95,87,627 (100.00%) ₹771,999.98 Cr
* Based on ₹97.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
3,97,93,812 (50.00%)
NII
1,19,38,145 (15.00%)
Retail
2,78,55,670 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue922.36791.44529.18
PAT77.8274.8342.84
EBITDA160.24133.3079.71
Net Worth467.87291.28131.14
Total Assets1354.68959.79712.47
Reserves449.52290.95130.85
Borrowings272.94183.39154.92
Key Financial Ratios
16.63%
ROE
Return on Equity
23.34%
ROCE
Return on Capital Employed
16.63%
RONW
Return on Net Worth
8.44%
PAT Margin
PAT / Revenue
17.50%
EBITDA Mgn
EBITDA / Revenue
0.58
D/E Ratio
Debt to Equity
3.81
P/BV
Price to Book Value
4.24
Pre EPS
EPS Pre-Issue
3.02
Post EPS
EPS Post-Issue
22.88
Pre P/E
P/E Pre-Issue
32.15
Post P/E
P/E Post-Issue
About Vikran Engineering Ltd.

Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) company.

The company's projects include underground water distribution and surface water extraction, overhead tanks, and distribution networks.

Service Sectors:

  • Power Transmission and Distribution: Specializing in extra-high voltage (EHV) substations up to 400kV and comprehensive power distribution solutions.
  • Water Infrastructure: Engaged in projects involving underground water distribution, surface water extraction, overhead tanks, and distribution networks.
  • Railway Infrastructure: Providing services in railway infrastructure projects.
  • Solar Energy: Expanding presence in solar EPC projects.

As of June 30, 2025, the company has completed 45 projects across 14 states with a total executed contract value of Rs 19,199.17 million. As of June 30, 2025, they have 44 ongoing projects across 16 states, aggregating orders of Rs 51,202.07 million, of which the Order Book is Rs 24,424.39 million.

The company's clients in the government sector include NTPC Limited, Power Grid Corporation of India Limited, South Bihar Power Distribution Co. Ltd., North Bihar Power Distribution Co. Ltd., Transmission Corporation of Telangana Limited and more.

As of June 30, 2025, the company had 761 permanent employees.

Competitve Strengths:

  • One of the fast-growing engineering, procurement and construction (“EPC”) companies, with timely execution of power transmission and distribution and water infrastructure sector.
  • Diversified Order Book across business verticals and consistent financial performance
  • Asset light model
  • In-house technical and engineering capabilities, process control and quality assurance
  • Experienced promoters and management team, having domain knowledge
Frequently Asked Questions
What is the issue price of Vikran Engineering Ltd. IPO?
The issue price of Vikran Engineering Ltd. IPO is ₹97 per share, face value ₹1.
What is the lot size?
Minimum lot size is 148 shares, requiring ₹14,356.
What are the IPO dates?
Opens 26 Aug 2025, closes 29 Aug 2025.
When is the listing date?
Tentative listing: 03 Sep 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹97 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Vikran Engineering Ltd. IPO · Expected 01 Sep 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
01 Sep 2025
Refund Initiation
02 Sep 2025
Demat Credit
02 Sep 2025
Listing Date
03 Sep 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹97
Face ₹1
Lot Size
148
shares / lot
Min Amount
₹14,356
1 lot
Est. Listing
₹97
GMP +₹0
Key Dates
Open
26 Aug Done
Close
29 Aug Done
Listing
03 Sep Done
Registrar
Bigshare Services Pvt.Ltd.
A
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