Vikran Engineering IPO Day 3; Our Company was originally incorporated on June 4, 2008 as ‘Vikran Engineering Limited’ We are one of the fast-growing Indian Engineering, Procurement and (EPC) Construction company,We have a diversified project portfolio, with majority revenue from Energy and water infrastructure.
Within the power sector, we have presence in both- power transmission and power distribution and have completed projects under various schemes in power transmission (up to 400kV level), extra high voltage (EHV) substations (up to 765kV level) including construction of 132 KV transmission line and bay extension projects as part of railway electrification.
Our Projects Cover the Following infrastructure Business Verticals:
- Power Transmission and Distribution
- Water Infrastructure
- Railway Infrastructure
Vikran Engineering Company IPO is going to be ₹772.00 crores, this IPO will open on August 26, 2025 and close on August 29, 2025. By the end of the first day, the IPO has received a good response from all investor categories.
Vikran Engineering IPO Offer Details
issue Size: Vikran Engineering Company IPO size is a Book Building Issue of ₹772.00 Cr, Consisting of a Fresh issue of ₹721.00 cr and An offer For Sale of ₹51.00 cr.
Price Band: The price band of Vikran Engineering IPO is fixed at ₹92 to ₹ 97 per equity share.
Lead Managers of issue: Pantomath Capital Advisors Private Limited, Systematix Corporate Services Limited for Lead Managers of this IPO.
Issue Registrar: Bigshare Services Private Limited
Listing Date: All shares included in the offer will be listed on NSE and BSE Stock Exchange on Sep 03, 2025.
Also Raed : Vikran Engineering IPO Day 1: Subscription Details , Vikran Engineering IPO Day 2: Subscription Details, Vikran Engineering IPO Day 3: Subscription Details
Vikran Engineering ipo subscription status Day 3:
| Day to day | (QIBs) Qualified Institutional Buyers | ( NII ) Non-Institutional Investors | (RIIs) Retail Individual Investors | Total Subscription Status |
|---|---|---|---|---|
| Day 1 | 0.18x | 0.98x | 0.64x | 0.58x |
| Day 2 | 0.96x | 11.63x | 5.52x | 5.52x |
| Day 3 | 20.51x | 61.73x | 11.46x | 24.82x |
IPO Funds Utilisation:
The Company will use the proceeds from this IPO for the following purposes and activities:
1. Repayment and/ or pre-payment, in full or in part, of our certain outstanding borrowings availed by our Company.
2. General Corporate Purposes.
More Upcoming IPOs to Watch on BSE & NSE:
Vikran Engineering IPO GMP price Details :
The GMP price of Vikran Engineering IPO on 28th August 2025 was ₹9, if we talk about the estimated listing price then it is ₹97, if we look at the estimated per share percentage of this stock then 9.28% listing gain can be obtained in this IPO.
Source: investorgain.com Report dated 28 August 2025
Disclaimer: GMP (Grey Market Premium) price is just an unverified market news and does not have any concrete basis yet. The information given above is based on the news published in some media reports, it is for information purposes only. Investors should do their own study/research before taking their decision.
Disclaimer: This news is for stock market educational purposes only. The securities/investments mentioned here are not recommendatory.
