Vikran Engineering Ltd
Price Range
₹92 - ₹97
-
Min. Quantity
148 Shares
Closes on
29 August 2025
-
Min. investment
₹14,356
Vikran Engineering Ltd IPO Timeline
Vikran Engineering Limited was originally incorporated as Ratangiri Financial Advisory Private Limited', as a Private Limited Company, pursuant to a Certificate of Incorporation dated June 04, 2008 issued by the Deputy Registrar of Companies, at Kolkata. The Company name was changed to Vikran Engineering & Exim Private Limited' due to change in the nature of business dated August 07, 2015 by the Registrar of Companies, Kolkata and got further changed to Vikran Engineering Private Limited' dated July 30, 2024. Thereafter, the status was converted to a Public Company, the name of the Company changed to Vikran Engineering Limited' and a fresh Certificate upon the conversion dated September 20, 2024, was issued by the RoC.
| Event | Date |
|---|---|
| Vikran Engineering Ltd IPO Opening Date | 26 August 2025 |
| Vikran Engineering Ltd IPO Closing Date | 29 August 2025 |
| Basis of Allotment | 1 September 2025 |
| Initiation of Refunds | 2 September 2025 |
| Credit of Shares to Demat | 2 September 2025 |
| Vikran Engineering Ltd IPO Listing Date | 3 September 2025 |
Vikran Engineering Ltd IPO Details
| Vikran Engineering Ltd IPO Date | 26 August 2025 to 29 August 2025 |
| Vikran Engineering Ltd IPO Face Value | ₹1 per share |
| Vikran Engineering Ltd IPO Price | ₹92 to ₹97 per share |
| Vikran Engineering Ltd IPO Lot Size | 148 |
| Issue Size | Shares of ₹1 (aggregating up to ₹772 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹721 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹51 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,67,82,608 of the Net Offer |
| Retail Shares Offered | Not less than 2,93,69,564 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 1,25,86,956 of the Net Offer |
| Company Promoters | Rakesh Ashok Markhedkar, Avinash Markhedkar, Nakul Markehdkar |
Vikran Engineering Ltd IPO Lot Size
The Vikran Engineering Ltd IPO lot size is 148 shares. A retail-individual investor can apply for up to 13 lots (1,924 shares or ₹1,86,628).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 148 | ₹14,356 |
| Maximum | 13 | 1,924 | ₹1,86,628 |
- Strengths
- Risks
- Opportunities
- 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.
Company Financials
Vikran Engineering Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 1,354.67 | 922.36 | 77.82 |
| 03-2024 | 959.79 | 791.44 | 74.83 |
| 03-2023 | 712.47 | 529.18 | 42.84 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- General corporate purposes
Vikran Engineering Ltd IPO Promoter Holding
| Pre Issue Share Holding | 59.02% |
| Post Issue Share Holding | 39.97% |
Vikran Engineering Ltd IPO Subscription Status (Bidding Detail)
The Vikran Engineering Ltd IPO is subscribed 23.5945 times on 29 August 2025 05:00:00 PM. The public issue subscribed 10.9672 times in the retail category, 19.4515 times in the QIB category, and 58.5821 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 19.4515 | 58.5821 | 10.9672 | - | 23.5945 |
Vikran Engineering Ltd IPO Prospectus
Vikran Engineering Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE01R501028 |
| IPO Price | ₹97 |
| Face Value | ₹1 |
Company Contact Information
#.401 Odyssey IT Park Road #.9Wagle Industrial Estate,Thane (West)-400604
Phone: +91-22 6263 8263
Email: companysecretary@vikrangroup.com
Website: www.vikrangroup.com
Vikran Engineering Ltd IPO Registrar
Vikran Engineering Ltd IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd
- Systematix Corporate Services Ltd
FAQ
What is the issue size of Vikran Engineering Ltd IPO?
I have pre-applied for Vikran Engineering Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.