Vikran Engineering IPO Date, Price, GMP, Review, Allotment Details

Vikran Engineering IPO is set to launch its Initial Public Offering (IPO), aiming to raise funds for business expansion and strengthening its financial position. The company is engaged in engineering, fabrication, and infrastructure-related projects, providing services across industries such as construction, power, and manufacturing. Known for its expertise in precision engineering and delivering customized solutions, Vikran Engineering has built a strong client base through quality execution and timely project delivery. The IPO proceeds are proposed to be utilized for upgrading machinery, enhancing production facilities, meeting working capital requirements, and reducing existing debt. Over the years, the company has shown consistent revenue growth supported by demand in the infrastructure and industrial sectors. With a focus on innovation, operational excellence, and customer satisfaction, Vikran Engineering is positioning itself to capture larger market opportunities. Investors view this IPO as a chance to participate in a company with strong fundamentals and future growth potential.

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 ₹771 Crores
Offer for Sale
Approx 52,57,731 Equity Shares
Lot Size
148 Share
IPO Listing
BSE & NSE
Retail Quota
Not more than 35%
QIB Quota
Not more than 50%
NII Quota
Not more than 15%

Vikran Engineering IPO Market Lot

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

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

Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar.

About Vikran Engineering IPO

Vikran Engineering IPO is preparing to launch its Initial Public Offering (IPO), marking a significant milestone in its journey of growth and expansion. The company is engaged in engineering, fabrication, and infrastructure-related services, with expertise in delivering high-quality projects for industries such as power, construction, manufacturing, and heavy engineering. With a strong focus on innovation and precision, Vikran Engineering has built a solid reputation for its customized engineering solutions and timely execution of projects. Over the years, the company has developed a loyal client base by maintaining quality standards and leveraging advanced technology in its operations. The funds raised through the IPO will be directed towards upgrading machinery, expanding production capacity, strengthening its working capital, and reducing debt, thereby enhancing financial stability and operational efficiency. The company’s strong financial performance in recent years, supported by steady revenue growth, reflects its ability to capture opportunities in India’s growing infrastructure and industrial sectors. With increasing government and private investments in infrastructure development, the demand for reliable engineering and fabrication services is expected to rise, creating favorable market conditions for Vikran Engineering. By tapping into this momentum, the company aims to consolidate its market position, diversify its service offerings, and expand its reach across both domestic and potential international markets. For investors, the Vikran Engineering IPO presents an opportunity to participate in a company with robust business fundamentals, a proven track record, and ambitious plans for sustainable long-term growth.

Vikran Engineering IPO Company Financial Report

Period Ended
Revenue
Expense
Profit After Tax
Assets
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

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 P/E Ratio: N/A
Return on Net Worth (RoNW): 16.63%
Net Asset Value (NAV): ₹25.49

IPO Lead Managers

  • Pantomath Capital Advisors Pvt Ltd
  • Systematix Corporate Services Limited

Objects of the Issue

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

Registrar Contact Details

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

Company Contact Details

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/

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Vikran Engineering IPO Valuation