Vikran Engineering IPO Will Open On Aug 26, 2025 And Close On Aug 29, 2025.The ₹772.00 Cr. IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue and offer for Sale . Vikran Engineering IPO Price Band Is Set At ₹92 to ₹97 Per Share.
The Allotment will Be Finalized On Sep 01, 2025 and Listing date is Expected on The BSE,NSE By Sep 03, 2025. Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2025 Company Posted a Revenue of ₹922.36 Cr. and A Net Profit of ₹77.82 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
About Vikran Engineering Limited
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.
We provide end-to-end services from conceptualisation, design, supply, installation, testing and commissioning on a turnkey basis and has presence across multiple sectors including power, water, and railway 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
our projects include underground water distribution and surface water extraction, overhead tanks, and distribution networks.
we have successfully completed 44 projects across 11 states with a total executed contract value of ₹18,958.14 million.
we have 34 ongoing projects across 17 states, aggregating orders of ₹39,570.55 million, of which Order Book of ₹ 19,557.00 million.
Our 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, Madhya Pradesh Power Transmission Company Limited, Madhya Pradesh Madhya Kshetra Vidyut Vitran Company Limited, District Water and Sanitation Mission (PHED) and State Water and Sanitation Mission (SWSM).
Further we are working on certain projects for Assam Power Distribution Company Limited and the Danapur division of the Eastern Central Railway.
Vikran Engineering IPO Dates & Price Band Details
| IPO Open Date | Aug 26, 2025 |
|---|---|
| IPO Close Date | Aug 29, 2025 |
| IPO Price Band | ₹92 to ₹97 per share |
| Face Value | ₹1 per equity share |
| Lot Size | 148 Shares |
| Minimum Investment | ₹14,356 Lakhs (for 1 lot at ₹97) |
| Issue Type | Fresh Issue and OFS |
| Total Issue Size | 7,95,87,627 shares (Approx ₹772.00 Cr) |
| Fresh Issue | 7,43,29,896 shares (Approx ₹721.00 Cr) |
| Offer for Sale | 52,57,731 shares (Approx ₹51.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Retail Investor Quota | 35.00% |
| QIB Quota | 50.00% |
| NII (HNI) Quota | 15.00% |
| Listing Exchange | BSE NSE |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
Vikran Engineering IPO Market Lot Size
The Minimum Lot Size For The Vikran Engineering IPO is 148 Shares, Requiring An Application Amount of ₹14,356 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | 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 (Max) | 69 | 10,212 | ₹9,90,564 |
| B-HNI (Min) | 70 | 10,360 | ₹10,04,920 |
Objects Of The Issue
1. Funding working capital requirements of our Company.
2. General corporate purposes.
Vikran Engineering IPO Allotment & Listing Dates
Vikran Engineering IPO Will Open on Aug 26, and Close on Aug 29, 2025. The allotment is Expected on Sep 01, With the Listing Scheduled on NSE BSE For Sep 03, 2025 (More information below table).
| Anchor Investor Bidding | -- |
|---|---|
| IPO Opens | Tue, Aug 26, 2025 |
| IPO Closes | Fri, Aug 29, 2025 |
| Allotment Finalisation | Mon, Sep 1, 2025 |
| Refunds / Unblocking | Tue, Sep 2, 2025 |
| Shares Credited to Demat | Tue, Sep 2, 2025 |
| Listing Date | Wed, Sep 3, 2025 |
Vikran Engineering IPO Financial Report (FY 2025)
Vikran Engineering Reported a total Revenue of ₹922.36 Cr. in FY 2025, Slightly up From ₹791.44 Cr. in FY 2024. The Company Net Profit Also Rose to ₹77.82 Cr. From ₹74.83 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,354.68 | 959.79 | 712.47 |
| Total Income | 922.36 | 791.44 | 529.18 |
| Profit After Tax | 77.82 | 74.83 | 42.84 |
| EBITDA | 160.24 | 133.30 | 79.71 |
| Net Worth | 467.87 | 291.28 | 131.14 |
| Reserves and Surplus | 449.52 | 290.95 | 130.85 |
| Total Borrowing | 272.94 | 183.39 | 154.92 |
| Amount in ₹ Crore |
Vikran Engineering IPO Valuation Report – FY 2025 (KPI)
Check Detailed Vikran Engineering IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 16.63% |
| Return on Capital Employed (ROCE) | 23.34% |
| EBITDA Margin | 17.50% |
| PAT Margin | 8.44% |
| Debt-to-Equity Ratio | 0.58 |
| Earnings Per Share (EPS) | 4.92 |
| Price to Earnings Ratio (P/E) | 19.71 |
| Return on Net Worth (RoNW) | 25.69% |
| Net Asset Value (NAV) | 17.20 |
Qualitative Factors
- 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.
- Pan India presence with strong supply chain.
- Asset light model.
- In-house technical and engineering capabilities, process control and quality assurance.
- Experienced promoters and management team, having domain knowledge.
Our Company Promoters
- Rakesh Ashok Markhedkar,
- Avinash Markhedkar
- Nakul Markhedkar
Comparison With Industry Peers
N\A
Also Read: Vikran Engineering IPO GMP Today, Grey Market Premium Live
Vikran Engineering Company Contact Details
Corporate Office: 401, Odyssey I.T. Park,
Road No. 9, Wagle Industrial Estate,
Thane (W) – 400604, Maharashtra
Tel: +91-22-62638263;
E-mail: companysecretary@vikrangroup.com
Website: www.vikrangroup.com
Vikran Engineering Lead Manager
Pantomath Capital Advisors Private Limited
Pantomath Nucleus House,
Saki-Vihar Road, Andheri-East,
Mumbai-400072, Maharashtra, India.
Tel.: 1800 889 8711
E-mail: vikran.ipo@pantomathgroup.com
Website: www.pantomathgroup.com
Systematix Corporate Services Limited
The Capital, A-wing, No. 603–606
6th Floor, Plot No. C-70
G Block, Bandra Kurla Complex
Bandra (East), Mumbai – 400 051, India
Telephone: +91 22 6704 8000
E-mail: mb.ipo@systematixgroup.in
Website: www.systematixgroup.in
Vikran Engineering IPO Registrar
Bigshare Services Private Limited
Pinnacle Business Park, Office No S6-2,
6th floor, Mahakali Caves Rd, Next to Ahura Centre,
Andheri East, Mumbai, Maharashtra 400093
Tel: +91-22-62638200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Vikran Engineering IPO FAQs
Question 1: What is the Vikran Engineering IPO?
Answer 1: Vikran Engineering IPO is a Mainboard IPO of 7,95,87,627 equity shares of the face value of ₹1 approximately up to ₹772.00 Cr. The issue is price at ₹92 to ₹97 per share.
The Vikran Engineering IPO opens on 26, Aug 2025 and closes on 29,Aug 2025.
Bigshare Services Private Limited is the registrar for the IPO. The shares to be listed on NSE BSE.
Question 2: How to apply in Vikran Engineering IPO through Groww?
Answer 2: Groww customers can apply online in Vikran Engineering IPO using UPI as a payment gateway. Groww customers can apply in Vikran Engineering IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Vikran Engineering IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Vikran Engineering IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Vikran Engineering IPO will open?
Answer 3: The Vikran Engineering IPO opens on Aug 26, 2025 and closes on Aug 29, 2025.
Question 4: What is the lot size of Vikran Engineering IPO?
Answer 4: Vikran Engineering IPO lot size and the minimum order quantity is 148 Shares.
Question 5: How to apply for Vikran Engineering IPO?
Answer 5: You can apply in Vikran Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Vikran Engineering IPO allotment date?
Answer 6: The Basis of Allotment for Vikran EngineeringIndustries IPO will be on Mon, Sep 01, 2025, and the allotted shares will be credited to your demat account by, Tue, Sep 2, 2025. For Check the Vikran Engineering IPO allotment status.
Question 7: When is Vikran Engineering IPO listing date?
Answer 7: The Vikran Engineering IPO listing date is Sep 3,2025. The date of Vikran Engineering IPO listing on Wed, Sep 3, 2025.
