Vikran Engineering IPO Date, Review, Price, Allotment Details
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.
Application Lot Size Shares Amount Retail Minimum 1 148 ₹14,356 Retail Maximum 13 1,924 ₹1,86,628 S-HNI Minimum 14 2,072 ₹2,00,984 B-HNI Minimum 70 10,360 ₹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 Ended Revenue Expense Profit After Tax Assets 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.
KPI Values 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
Company EPS PE Ratio RoNW % NAV Income Bajel Projects Ltd 1.34 158.75 2.32% 57.63 2,598.24 Cr. Kalpataru Projects International Ltd 35.53 34.68 8.77% 378.80 22,315.78 Cr. Techno Electric & Engineering Company Ltd 37.19 40.17 11.31% 321.55 2,268.66 Cr. SPML Infra Ltd 7.61 36.79 6.22% 107.43 770.64 Cr. KEC International Limited 21.80 35.71 10.67% 200.88 21,846.70 Cr. Transrail Lighting Limited 25.72 30.73 17.36% 140.11 5307.75 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/