Vikran Engineering IPO GMP: Day 3 IPO Live Updates

The Vikran Engineering IPO GMP is ₹5 as of 29th August 2025. It is a bookbuilding IPO of ₹772.00 crores. This is an entirely new issue of 7.43 crore shares, along with an offer for sale of 0.53 crore shares.  The issue will be listed on BSE and NSE on its tentative listing date, 3rd September 2025. The face value of Vikran Engineering shares stands at ₹1 per share, and the IPO price band is set at ₹92.00 to ₹97.00 per share. Retail investors can bid for a minimum of one lot of 148 shares worth ₹14,356. 

Vikran Engineering IPO GMP Grey Market Premium

As of 29th August 2025, the Vikran Engineering IPO GMP stands at ₹5 per share. Thus, the estimated listing price would be ₹102. This indicates that the estimated listing gain in this IPO could be 5.15%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Vikran Engineering IPO GMP updates.

Vikran Engineering IPO Details

Explanation

Vikran Engineering IPO: Vikran Engineering Limited has declared that the issue price band is set between ₹92.00 and ₹97.00 per share. With this IPO, the company allows retail investors to bid for at least one lot of 148 shares worth ₹14,356. The face value of Vikran Engineering Limited shares is ₹1 per share. The shares of Vikran Engineering Limited will be listed on BSE and NSE on its tentative listing day, 3rd September 2025. Scroll down to check GMP updates and Vikran Engineering IPO reviews. 

Objectives of the Vikran Engineering IPO

The primary aim of the Vikran Engineering IPO is to raise ₹ 772 crore. On the other hand, Vikran Engineering has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Vikran Engineering IPO.

• To meet the general corporate purpose.
• To fund the working capital requirement. 

Vikran Engineering IPO Registrar

Bigshare Services Private Limited is the registrar of the Vikran Engineering IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Vikran Engineering allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200.

Vikran Engineering IPO Review  

The Vikran Engineering IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Vikran Engineering Limited’s revenue increased by 17% from ₹791.44 crores in March 2024 to ₹922.36 crores in March 2025. Moreover, the company’s PAT rose by 4% from ₹74.83 crores to ₹77.82 crores. Investors can analyse other relevant factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Vikran Engineering IPO or not.

Vikran Engineering Limited Technicals

The PE ratio of Vikran Engineering Limited shares is 22.88, and its Earnings Per Share (EPS) stands at ₹4.24. Thus, the Vikran Engineering IPO can potentially deliver gains on its tentative listing date, 3rd September 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Vikran Engineering Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

Vikran Engineering Limited IPO Peer Comparison

FAQs on Vikran Engineering IPO

What is the Vikran Engineering IPO GMP?

Ans. Currently, on 29th August 2025, the Vikran Engineering IPO GMP (Grey Market Premium) stands at ₹5. This indicates that the estimated listing price could be ₹102 per share.

What is the issue price of the Vikran Engineering IPO?

Ans.  The Vikran Engineering IPO price is set at ₹92.00 to 97.00 per share.  Retail investors can apply for a minimum of 1 lot consisting of 148 shares worth ₹14,356. Moreover, HNIs are required to bid for a minimum of 14 lots (2,072 shares) worth ₹2,00,984.

Who is the registrar of the Vikran Engineering IPO?

Ans. Bigshare Services Private Limited is the registrar of the Vikran Engineering IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Vikran Engineering allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Vikran Engineering IPO, download the Vikran Engineering IPO RHP and Vikran Engineering IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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