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Vikran Engineering IPO logo

Vikran Engineering IPO

Mainboard • BSE, NSE

—
Listed at
99
+2.06%

Vikran Engineering IPO is a Mainboard IPO. Price band is ₹97 per share. Minimum investment is ₹14,356. Lot size is 148 shares. Open from 26 Aug 2025 to 29 Aug 2025. on 1 Sept 2025. Listing on 3 Sept 2025 at BSE, NSE. Lead manager: Pantomath Capital Advisors Pvt.Ltd.. Key details for GMP, subscription, price, , and listing in one place.

Official documents:RHP
IPO detailsSubscriptionAllotmentListingPriceReviewsNews

Vikran Engineering IPO overview

Vikran Engineering IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹97
Lot size
148 shares / lot
Min investment
₹14,356

Vikran Engineering IPO progress

Subscription, allotment, refund, share credit, and listing milestones.

Listed
  1. Issue opens

    Subscription opens

    26 Aug 2025

  2. Issue closes

    Last day to apply

    29 Aug 2025

  3. Allotment

    Allotment status out

    1 Sept 2025

  4. Refund / Share credit

    Refund initiated · Shares in demat

    2 Sept 2025

  5. Listing

    Trading begins

    3 Sept 2025

Vikran Engineering IPO lot size

CategoryLotsSharesAmountProfit @ listing
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.

Cut‑off within the price band is set after book‑building when applicable. SME issues often require at least two lots; mainboard retail typically bids one lot at cut‑off.

About Vikran Engineering IPO

From the company / RHP narrative.

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

Vikran Engineering IPO Issue Objective

How the issuer plans to use IPO proceeds.

Funding working capital requirements of the Company. General corporate purposes.

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Documents & links

Prospectus, draft filings, and company site open in a new tab.

RHPDHRPCompany website

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
1
Lead Managers(2)
  • Pantomath Capital Advisors Pvt.Ltd.
  • Systematix Corporate Services Ltd.
Min Quantity
148
Company Promoters(3)
  • Rakesh Ashok Markhedkar
  • Avinash Markhedkar
  • Nakul Markhedkar
Website
https://www.vikrangroup.com/
Email
companysecretary@vikrangroup.com
Phone
+91-22-62638263
Address
Vikran Engineering Ltd. 401, Odyssey I.T. Park, Road No. 9, Wagle Industrial Estate Thane (W), Maharashtra Thane, Maharashtra, 400604

Registrar details

Details about the registrar of the issue.

Registrar Name
Bigshare Services Pvt Ltd
Email
investor@bigshareonline.com
Phone
2262638200
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

Financial performance

Figures from the IPO financial table (₹ Cr). Switch metric to compare years.

Vikran Engineering IPO

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Vikran Engineering IPO Ratings & reviews

Community ratings and reviews — not financial advice.

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Vikran Engineering IPO FAQs

A quick overview of key terms, dates, and how to track this IPO.

What is Vikran Engineering IPO?

Vikran Engineering IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Vikran Engineering IPO?

The IPO price band of Vikran Engineering IPO is ₹₹97 per share, as mentioned in the issue details.

What is the minimum investment required for Vikran Engineering IPO?

The minimum investment in Vikran Engineering IPO is ₹14,356, based on the applicable lot size for retail investors.

What is the lot size of Vikran Engineering IPO?

The lot size of Vikran Engineering IPO is 148 shares per lot, and applications must be made in multiples of this lot size.

What are the opening and closing dates of Vikran Engineering IPO?

Vikran Engineering IPO opens on 26 Aug 2025 and closes on 29 Aug 2025, as per the announced schedule.

What is Vikran Engineering IPO subscription status?

Vikran Engineering IPO subscription status shows the level of demand across retail, HNI, and institutional investor categories during the issue period.

What is Vikran Engineering IPO GMP today?

Vikran Engineering IPO GMP (Grey Market Premium) today is around ₹TBA, reflecting current grey market activity before listing.

Is Vikran Engineering IPO GMP positive or negative?

Vikran Engineering IPO GMP is currently subject to change, based on prevailing grey market trends. GMP may change over time.

What does Vikran Engineering IPO GMP indicate for listing?

A positive Vikran Engineering IPO GMP may indicate market interest ahead of listing, while actual listing performance depends on subscription response and market conditions.

When is Vikran Engineering IPO listing date?

The expected listing date of Vikran Engineering IPO is 3 Sept 2025, subject to completion of the process.

Where can I check Vikran Engineering IPO allotment status?

Vikran Engineering IPO status can be checked online once the process is completed using application or PAN details.

Can Vikran Engineering IPO subscription and GMP change before listing?

Yes, Vikran Engineering IPO subscription figures and GMP may change during the issue period and before listing based on market activity.