Vikran Engineering
03 Sep '25MAINBOARD
Min. Investment
₹13,616
Issue size
₹772 Cr
GMP
Locked
Overall subscription: 2.38x
Expert verdict
IPO dates
26 Aug
Opening
29 Aug
Closing
01 Sep
Allotment
03 Sep
Listing
*Refunds will be initiated on 02 Sep '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 148 | ₹14,356 |
| HNI (Min) | 14 | 2072 | ₹2,00,984 |
Subscription (as on 26 August 2025, 06:46 PM)
Overall2.38x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2008|MD: Mr. Rakesh Ashok Markhedkar
- Vikran Engineering is an engineering, procurement, and construction (EPC) company. The company provides end-to-end services, including conceptualisation, design, supply, installation, testing, and commissioning, delivered on a turnkey basis. Its operations span sectors such as power, water, and railway infrastructure.
- Within the power sector, the company is involved in both transmission and distribution projects, having executed work under various government schemes. In the water sector, its projects include underground water distribution, surface water extraction, construction of overhead tanks, and development of distribution networks. The company also has experience in ground-mounted solar EPC projects and smart metering solutions.
Issue Details & Objective
Lot size
148 Shares
Price band
₹92 to 97
Face value
₹1 per share
Financials
IPO reservation
Anchor investor - 23.08%
QIB - 38.46%
HNI - 11.54%
Retail - 26.92%
Download DRHP (IPO Doc)FAQs
Should I apply for the Vikran Engineering IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Vikran Engineering IPO?
The issue size of Vikran Engineering IPO is ₹772 Cr
What are the open and close dates for Vikran Engineering IPO?
The Vikran Engineering IPO will be open for applications from 26 Aug '25 to 29 Aug '25
What is the lot size and minimum order quantity of Vikran Engineering IPO?
The lot size of Vikran Engineering IPO is 148 Shares and its minimum investment amount is ₹13,616.
What is the GMP value of Vikran Engineering IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Vikran Engineering IPO is 18.56
