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Vikran Engineering IPO logo

Vikran Engineering IPO

Mainboard • BSE, NSE

Min. investment

₹14,356

IPO DetailsSubscriptionPriceListingAllotmentReviewsNews

Issue Size

TBA

Price

₹97

Lot Size

148 shares

IPO Dates

26 Aug - 29 Aug

Min. Investment

₹14,356

Status

Listed

IPO Prospectus

DHRPRHP

Vikran Engineering IPO overview

IPO Progress

26 Aug

Open

29 Aug

Close

1 Sept

Allotment

3 Sept

Listing

Key Financial Ratios

P/E

32.15x

IPO Lot Size

CategoryLotsAppliedTimesExp Profit
Retail (Min)1148₹14,356+₹296
Retail (Max)131,924₹1,86,628+₹3,848
S-HNI (Min)142,072₹2,00,984+₹4,144
S-HNI (UPI)345,032₹4,88,104+₹10,064
S-HNI (Max)6910,212₹9,90,564+₹20,424
B-HNI (Min)7010,360₹10,04,920+₹20,720
SHA (Max)131,924₹1,86,628+₹3,848

Profit based on the official listing price for each investor category.

Subscription Figure

CategoryOfferedAppliedTimes
QII1,59,17,52716,42,72,60010.32
NII1,19,38,14443,29,62,45636.27
NII (>10L)79,58,76333,21,38,64041.73
NII (<10L)39,79,38110,08,23,81625.34
Retail2,78,55,67018,51,23,5806.65
Total5,57,11,34178,23,58,63614.04

Application-Wise Breakup

HNI (>10L)3,84131,6608.24
HNI (3-10L)1,92047,18424.57
Retail1,88,21310,60,3535.63
Total1,93,97411,39,1975.87

Lead Manager(s)

  1. Pantomath Capital Advisors Pvt.Ltd.
  2. Systematix Corporate Services Ltd.

Company Promotor(s)

  1. Rakesh Ashok Markhedkar
  2. Avinash Markhedkar
  3. Nakul Markhedkar

Registrar Details

Name

Bigshare Services Pvt Ltd

Phone

2262638200

Email

investor@bigshareonline.com

Address

1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Website

https://ipo.bigshareonline.com/IPO_Status.html

Company Contact Details

Name

Vikran Engineering IPO

Phone

+91-22-62638263

Email

companysecretary@vikrangroup.com

Website

https://www.vikrangroup.com/

Address

Vikran Engineering Ltd. 401, Odyssey I.T. Park, Road No. 9, Wagle Industrial Estate Thane (W), Maharashtra Thane, Maharashtra, 400604

About Company

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

Disclaimer

Information on this page is for general awareness only and is not investment advice. Grey market premium (when shown) is unofficial and indicative. Always read the RHP/DRHP and consult a qualified adviser before investing.

Common questions about Vikran Engineering IPO

What is Vikran Engineering IPO?

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Financial Performance

Vikran Engineering IPO

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