Vikran Engineering IPO GMP & Review: Apply or Avoid?

Vikran Engineering IPO is open for bidding from 26th August 2025 to 29th August 2025. It is a bookbuilding IPO of ₹772.00 crore, comprising a fresh issue of 7.43 crore shares and 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. 

Vikran Engineering IPO Details 

The Vikran Engineering IPO date is fixed between 26th August 2025 and 29th August 2025. The face value of Vikran Engineering IPO shares stands at ₹1 per share, and the IPO price is set at ₹92.00 to 97.00 per share.

Bigshare Services Private Limited is the registrar of the Vikran Engineering IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Vikran Engineering IPO Share Reservation

Vikran Engineering IPO is a bookbuilding IPO of ₹772.00 crores, comprising a fresh issue of 7.43 crore shares, and an offer for sale of 0.53 crore shares of Vikran Engineering shares will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Vikran Engineering IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Vikran Engineering IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 24th August 2025, Vikran Engineering IPO GMP stands at ₹18 per share, which means the share will likely show a listing at ₹115 on its tentative listing date, 3rd September 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Vikran Engineering GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Vikran Engineering IPO GMP Review

Check out the detailed Vikran Engineering GMP IPO review for a thorough understanding of its potential to report listing gains on 3rd September 2025. The Vikran Engineering IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Vikran Engineering IPO.

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.

Vikran Engineering Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Vikran Engineering IPO for its tentative listing day, 3rd September 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Vikran Engineering IPO.

The P/E ratio of Vikran Engineering Limited’s share is 22.88, and its Earnings Per Share (EPS) stands at 4.24. Thus, the Vikran Engineering Limited 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. Explore the table below to get post-issue updates on these two metrics. 

Vikran Engineering Limited IPO Peer Comparison

Vikran Engineering IPO Subscription Status

The Vikran Engineering IPO is to be opened for bidding on 26th August 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Vikran Engineering IPO subscription status. 

About Vikran Engineering Limited

Vikran Engineering Limited was incorporated in 2008 and is based in Maharashtra. VIKRAN stands as one of the fast-growing Indian Engineering, Procurement and Construction (EPC) companies, boasting a rapid growth trajectory with a targeted turnover of 500 Cr. (FY 19-20. Vikran Engineering Limited plays a significant role in building India’s infrastructure, including water supply, and works on major projects in power lines and railway electrification. The company offers a turkey solution from design and conception to commissioning and installation, and serves the government and public sector entities across 17 indian states. 

Vikran Engineering Limited Financials

The company’s financial analysis is essential before applying for the Vikran Engineering  IPO. Look at the table to learn about Vikran Engineering Limited’s financials. 

Explanation

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.

Vikran Engineering IPO Bidding Requirements

Investors can bid for a minimum of 148 shares and in multiples of 148 shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Vikran Engineering IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Vikran Engineering IPO Promoter Holding

Have a look at the table below to check the holdings of Vikran Engineering Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim of the Vikran Engineering IPO

The primary aim of the Vikran Engineering IPO is to raise ₹772.00 crores. 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 of the company.

Should I Invest in the Vikran Engineering IPO?

Explore the pros and cons of Vikran Engineering to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

    Pros of Vikran Engineering IPO

• Vikran Engineering has strong investor sentiment, which shows strong listing day expectations.
• The company has a clear use of funds for the rest of its corporate purposes to ensure growth-focused development.
•  The company has a good, experienced leadership team, which promotes 30+ years of EPC experience.
• It is supported by Ashish Kacholia, Mukesh Agarwal and other reputed funds.

Cons of Vikran Engineering IPO

• Failure to finish the contracts on time can hurt revenue
• A company’s dependence on government projects and policy changes can impact its revenue
• Projects can be cancelled, delayed, or modified due to the order book uncertainty
• Cash flow depends on receivables and inventory

How to Apply for the Vikran Engineering IPO?

Check the steps mentioned below to apply for Vikran Engineering Limited.

• Step 1: Conduct thorough research on the Vikran Engineering IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for one lot of 148 shares worth ₹14,356.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Vikran Engineering IPO from more than one demat account to increase your chances of allotment. 

Also Read : Lenskart IPO Details: Everything You Should Know about 

How to Check Vikran Engineering IPO Allotment Status?

You can check whether the Vikran Engineering IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Vikran Engineering IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Vikran Engineering IPO allotment status.

Let’s Wrap

Vikran Engineering IPO is a bookbuilding issue of shares worth ₹772.00 crores. The shares of Vikran Engineering Limited will be listed on NSE and BSE on its tentative listing date of 3rd September 2025. Researching the Vikran Engineering IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Vikran Engineering IPO

How is the Vikran Engineering IPO?

Ans. Currently, on 23rd August 2025, the Vikran Engineering IPO GMP (Grey Market Premium) stands at ₹18. It indicates that the estimated listing price could be ₹115 per share. It is a bookbuilding IPO of ₹772.00 crores, comprising a fresh issue of 7.43 crore shares and an offer for sale of 0.53 crore shares. The face value of each share of Vikran Engineering Limited is ₹1 per share.

What is the Vikran Engineering IPO price?

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 lots 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.

Is the Vikran Engineering IPO good?

Ans. 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.

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 IPO allotment procedure and refund initiation. 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.

What is the issue size of the Vikran Engineering IPO?  

Ans. Vikran Engineering IPO is a bookbuilding IPO for 7.43 crore shares worth ₹772.00 crores. Moreover, the IPO is set to open on 26th August 2025 and will be closed on 29th August 2025. 

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 your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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