
Vikran Engineering Limited IPO
Vikran Engineering Limited IPO is a Mainboard book building 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. Allotment on 1 Sept 2025. Listing on 3 Sept 2025 at BSE, NSE. Managed by Pantomath Capital Advisors Pvt.Ltd. and Systematix Corporate Services Ltd. Registrar: Bigshare Services Pvt Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.
Vikran Engineering Limited IPO overview
Vikran Engineering Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Vikran Engineering Limited IPO important dates
Vikran Engineering Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 148 | ₹14,356 |
| Retail (Max) | 13 | 1,924 | ₹1,86,628 |
| S-HNI (Min) | 14 | 2,072 | ₹2,00,984 |
| S-HNI (UPI) | 34 | 5,032 | ₹4,88,104 |
| S-HNI (Max) | 69 | 10,212 | ₹9,90,564 |
| B-HNI (Min) | 70 | 10,360 | ₹10,04,920 |
About Vikran Engineering Limited IPO
From the company / RHP narrative.
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
Objective of the issue
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General corporate purposes.
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