
Vikran Engineering
Mainboard₹14,356 / 148 Shares
IPO Live Subscription Details (times)
Bids below ₹10L: 42.32x
NII Total: 58.58
IPO Details
Vikran Engineering IPO is priced between ₹92-97 per equity share, with a face value of ₹1 per share. The company's equity shares will be listed on the Mainboard, and Bigshare Services Pvt Ltd is managing the issue as the registrar.
The IPO bidding period opened on 26 Aug, 2025, and closed on 29 Aug, 2025. The allotment results will be announced on 1 Sep, 2025, with a tentative listing date set for 3 Sep, 2025.
The total issue comprises Total 772.00 Cr :#Fresh Issue : 7,43,29,896 shares, amounting to ₹721.00 Cr.
Vikran Engineering IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Aug 26, 2025 - Aug 29, 2025 | 3 Sep, 2025 | ₹1 Per Equity Share | ₹92-97 per equity share | 148 Shares | 7,43,29,896 Shares | 52,57,731 shares of ₹1 | BSE, NSE |
Vikran Engineering IPO Timeline
Issue Price
₹92-97 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdMarket Lot
Retail: 148 Shares (₹14,356/-)S-HNI: 2,072 Shares (₹2,00,984/-)
B-HNI: 10,360 Shares (₹10,04,920/-)
Lead Manager
Pantomath Capital Advisors Pvt LtdSystematix Corporate Services LimitedIssue Size
Total 772.00 Cr :#Fresh Issue : 7,43,29,896 shares(aggregating up to ₹721.00 Cr) +
#OFS : 52,57,731 shares of ₹1(aggregating up to ₹51.00 Cr)
Retail Portion
35% (Number of Retail Applications: 1,88,214 Approx),(Number of S-HNI Applications : 1,921 Approx),(Number of B-HNI Applications : 3,841 Approx)Subscription
23.56 timesVikran Engineering IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 25 | 1354.68 | 922.36 | 77.82 | 467.87 | 449.52 | 272.94 |
31 Mar 24 | 959.79 | 791.44 | 74.83 | 291.28 | 290.95 | 183.39 |
31 Mar 23 | 712.47 | 529.18 | 42.84 | 131.14 | 130.85 | 154.92 |
All values are in ₹ Cr.
Vikran Engineering IPO Valuations
EPS PRE IPO ₹4.24/- | EPS POST IPO ₹3.02/- | PE PRE IPO 22.88 | PE POST IPO 32.15 | ROE 16.63% |
ROCE 23.34% | DEBT EQUITY 0.58 | RONW 16.63% | PAT MARGIN 8.44% | PRICE TO BOOK VALUE 3.81 |
About Company
Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) entity.The projects of the company include underground water distribution and surface water extraction, overhead tanks, and distribution networks.
Service Sectors:
Power Transmission and Distribution: Experts in extra-high voltage (EHV) substations up to 400kV and integrated power distribution solutions.
Water Infrastructure: Involved in underground water distribution, surface water extraction, overhead tanks, and distribution network projects.
Railway Infrastructure: Offering services in railway infrastructure projects.
Solar Energy: Increasing presence in solar EPC projects.
As of August 31, 2024, we have executed 44 projects in 11 states with a total executed contract value of Rs 18,958.14 million. As of August 31, 2024, we have 34 projects under execution in 17 states, aggregating orders of Rs 39,570.55 million, of which the Order Book is Rs 19,557.00 million.
The clients of the company in the government industry are NTPC Limited, Power Grid Corporation of India Limited, South Bihar Power Distribution Co. Ltd., North Bihar Power Distribution Co. Ltd., Transmission Corporation of Telangana Limited and others.
The company has pan-India operations backed by 195 sites and store locations up to August 31, 2024. The company provide a variety of EPC services that meet the individual requirements of our customers pan-India.
Vikran Engineering IPO Subscription Details
As on | QIB | NII bNII sNII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 3,97,93,814 | 1,19,38,144 79,58,763 39,79,381 | 2,78,55,670 | 5,57,11,341 |
Day 1 - 26-08-25 05:00 PM | 0.41 x | 5.15 5.47 x 4.53 x | 2.32 x | 2.38 x |
Day 2 - 28-08-25 05:00 PM | 0.91 x | 11.03 11.08 x 10.93 x | 5.23 x | 5.24 x |
Day 3 - 29-08-25 05:00 PM | 19.45 x | 58.56 66.71 x 42.25 x | 10.91 x | 23.56 x |
Retail:9.7x
BHNI:13.0x
SHNI:42.0x times
Vikran Engineering IPO - Issue Objectives
- Funding working capital requirements of the Company.
- General corporate purposes.
Vikran Engineering
401, Odyssey I.T. Park,, Road No. 9, Wagle Industrial Estate, Thane (W) – 400604Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com