Vikran Engineering IPO Date, Review, Price, Allotment Details

Posted on: 21 Aug 2025

Vikran Engineering IPO open date is August 26, 2025 and the IPO will close on August 29, 2025. Vikran Engineering IPO is a Book Built Issue. The company is to raise around ₹772 crores via IPO that comprises a fresh issue of ₹721 crores and an offer for sale of up to 52,57,731 equity shares with a face value of ₹1 each.

Vikran Engineering IPO price band is ₹92 to ₹97 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Vikran Engineering IPO to list on BSE, NSE on September 3, 2025. The allotment of Vikran Engineering IPO date is September 1, 2025.

The company reported revenue of ₹922.36 crores in 2025 against ₹791.44 crores in 2024. The company reported a profit of ₹77.82 crores in 2025 against a profit of ₹74.83 crores in 2024. As per the financials, the IPO investors should apply for the IPO for the long term.

Vikran Engineering IPO Details

IPO Open Date:August 26, 2025
IPO Close Date:August 29, 2025
Face Value:₹1 Per Equity Share
IPO Price Band:₹92 to ₹97 Per Share
Issue Size:Approx ₹772 Crores
Fresh Issue:Approx ₹721 Crores
Offer for Sale:Approx 52,57,731 Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Vikran Engineering IPO Market Lot

The Vikran Engineering IPO minimum market lot is 148 shares with a ₹14,356 application amount. The retail investors can apply for up to 13 lots with 1,924 shares of ₹1,86,628 amount.

ApplicationLot SizeSharesAmount
Retail Minimum1148₹14,356
Retail Maximum131,924₹1,86,628
S-HNI Minimum142,072₹2,00,984
B-HNI Minimum7010,360₹10,04,920

Vikran Engineering IPO Dates

The Vikran Engineering IPO date is August 26 and the close date is August 29. The Vikran Engineering IPO allotment will be finalized on September 1 and the IPO listing on September 3.

IPO Open Date:August 26, 2025
IPO Close Date:August 29, 2025
Basis of Allotment:September 1, 2025
Refunds:September 2, 2025
Credit to Demat Account:September 2, 2025
IPO Listing Date:September 3, 2025


Promoters of Vikran Engineering IPO

The promoters of the company are Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar.

About Vikran Engineering IPO

One of the leading companies for EPC is Vikran Engineering. It began engineering, procurement, and construction activities as soon as it opened in 2008. This company is notable for its government projects and for its emphasis on cost-effectiveness and operational excellence. These days, they are well-known in a variety of industries, such as electricity, water, and railway infrastructure, because they offer excellent services and solutions. The business offers a number of distinct advantages, including sector and regional diversification, seasoned promoters, increased operational size, and a manageable level of financial risk. They are dedicated to ensuring customer satisfaction and fostering enduring relationships with them. Vikran Engineering's 2024 revenue was ₹791.44 crore, compared to 2023 revenue of ₹529.18 crore.

Vikran Engineering IPO Company Financial Report

The company reported revenue of ₹922.36 crores in 2025 against ₹791.44 crores in 2024. The company reported a profit of ₹77.82 crores in 2025 against a profit of ₹74.83 crores in 2024.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹479.57₹470.21₹6.59₹479.87
2023₹529.18₹476.51₹42.84₹712.47
2024₹791.44₹688.69₹74.83₹959.79
2025₹922.36₹812.18₹77.82₹1,354.68

Vikran Engineering IPO Valuation – FY2025

Check Vikran Engineering IPO valuation details, like Earning Per Share (EPS), Price/Earning Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:16.63%
ROCE:23.34%
EBITDA Margin:17.50%
PAT Margin:8.44%
Debt-to-equity ratio:0.58
Earning Per Share (EPS):₹4.35 (Basic)
Price/Earning Ratio:N/A
Return on Net Worth (RoNW):16.63%
Net Asset Value (NAV):₹25.49

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Bajel Projects Ltd1.34158.752.32%57.632,598.24 Cr.
Kalpataru Projects International Ltd35.5334.688.77%378.8022,315.78 Cr.
Techno Electric & Engineering Company Ltd37.1940.1711.31%321.552,268.66 Cr.
SPML Infra Ltd7.6136.796.22%107.43770.64 Cr.
KEC International Limited21.8035.7110.67%200.8821,846.70 Cr.
Transrail Lighting Limited25.7230.7317.36%140.115307.75 Cr.

Objects of the Issue

  • Funding working capital requirements of the Company
  • General corporate purposes.

Vikran Engineering IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

  • Pantomath Capital Advisors Pvt Ltd
  • Systematix Corporate Services Limited

Company Address

Vikran Engineering Limited
401, Odyssey I.T. Park,
Road No. 9, Wagle Industrial Estate
Thane (W) – 400604, Maharashtra
Phone: +91-22-62638263
Email: companysecretary@vikrangroup.com
Website: https://www.vikrangroup.com/


Recent IPOs List

Hero Fincorp IPO Date, Review, Price, Allotment...
📅 Posted on: 01 Sep 2025
Read More →
Sunshine Pictures IPO Date, Review, Price, Allo...
📅 Posted on: 01 Sep 2025
Read More →
Shringar House IPO Date, Review, Price, Allotme...
📅 Posted on: 01 Sep 2025
Read More →
Om Freight Forwarders IPO Date, Review, Price, ...
📅 Posted on: 01 Sep 2025
Read More →
Karbonsteel Engineering IPO Date, Review, Price...
📅 Posted on: 01 Sep 2025
Read More →
Vashishtha Luxury Fashion IPO Date, Review, Pri...
📅 Posted on: 01 Sep 2025
Read More →
Vigor Plast IPO Date, Review, Price, Allotment ...
📅 Posted on: 01 Sep 2025
Read More →
Sharvaya Metals IPO Date, Review, Price, Allotm...
📅 Posted on: 01 Sep 2025
Read More →
Austere Systems IPO Date, Review, Price, Allotm...
📅 Posted on: 01 Sep 2025
Read More →