vikran engineering limited IPO
IPO Overview
Vikran engineering limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹97 per share, and retail investors can apply with a minimum investment of ₹14.4K as per IPO guidelines.
The Vikran engineering limited IPO opens on 26 Aug 2025 and closes on 29 Aug 2025. The IPO allotment is expected to be finalized on 1 Sept 2025, and the equity shares are proposed to be listed on BSE, NSE on 3 Sept 2025.
Investors can refer to the Vikran engineering limited IPO RHP-DRHP for detailed information. The issue is managed by Pantomath Capital Advisors Pvt.Ltd.,Systematix Corporate Services Ltd. as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About 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
Investment Objective
General corporate purposes.