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Vikran Engineering Limited IPO logo

Vikran Engineering Limited IPO

BBMainboardBSE, NSEListed
Listed at
99
+2.06%

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.

Official documents: RHP and DRHP.

Vikran Engineering Limited IPO overview

Vikran Engineering Limited 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
Issue open – close
26 Aug 2025 → 29 Aug 2025

Vikran Engineering Limited IPO important dates

Issue Opens
26 Aug 2025
Issue Closes
29 Aug 2025
Allotment
1 Sept 2025
Listing
3 Sept 2025

Vikran Engineering Limited IPO lot size

CategoryLotsSharesAmount
Retail (Min)114814,356
Retail (Max)131,9241,86,628
S-HNI (Min)142,0722,00,984
S-HNI (UPI)345,0324,88,104
S-HNI (Max)6910,2129,90,564
B-HNI (Min)7010,36010,04,920

About Vikran Engineering Limited 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

Objective of the issue

How the issuer plans to use IPO proceeds.

Funding working capital requirements of the Company.

General corporate purposes.
Vikran Engineering Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.

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Documents & links

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

Registrar

Details about the registrar of the issue.

Registrar Name
Bigshare Services Pvt Ltd
Phone
2262638200
Address
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Issue details

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

Issue Type
BB
Face Value
1
Lead Managers
Pantomath Capital Advisors Pvt.Ltd.,Systematix Corporate Services Ltd.
Min Quantity
148
Company Promoters
Rakesh Ashok Markhedkar,Avinash Markhedkar,Nakul Markhedkar
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

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