214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Vikran Engineering IPO (Vikran Engineering Limited IPO) Detail

Vikran Engineering IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 772.00 Cr. The company is based in Mumbai and caters to Engineering sector. Pantomath Capital Advisors , Systematix Corporate Services are the merchant bankers of Vikran Engineering IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2024. Vikran Engineering IPO open date is 26th August 2025 and close date is 29th August 2025. IPO Allotment Date is 1st September 2025 and Listing date is 3rd September 2025.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Vikran Engineering IPO Date

Date of DRHP:
30th September 2024
IPO Open Date:
26th August 2025
IPO Close Date:
29th August 2025
IPO Allotment Date:
1st September 2025
Initiation of Refund:
2nd September 2025
IPO Listing Date:
3rd September 2025

Vikran Engineering IPO Info, Size, Subscription

Vikran Engineering IPO size is ₹ 772.00 Cr. with IPO price of ₹ 97.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 772.00 Cr.

Issue Price:
₹ 97.00

Market Capitalisation :
₹ 2,501.74 Cr.

PE multiple :
32.15

Subscription :
24.87 times

Pre Issue Promoter Holding :
66.26 %

Post Issue Promoter Holding :
[●]

Vikran Engineering IPO Information

Sub Sector : Indian Engineering, Procurement and Construction (EPC) company
Vikran Engineering is one of the fast-growing Indian Engineering, Procurement and Construction (EPC) company. Vikran Engineering have a diversified project portfolio, with majority revenue from energy and water infrastructure verticals (contributing 49% each) which have a high growth potential in the medium term. Vikran Engineering provide end-to-end services from conceptualisation, design, supply, installation, testing and commissioning on a turnkey basis and has presence across multiple sectors including power, water, and railway infrastructure. Within the power sector, Vikran Engineering have presence in both- power transmission and power distribution and have completed projects under various schemes in power transmission (up to 400kV level), extra high voltage (EHV) substations (up to 765kV level) including construction of 132 KV transmission line and bay extension projects as part of railway
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Object of Issue (Vikran Engineering IPO Objectives)

Funding working capital requirements of the Company General corporate purposes

Pantomath Capital Advisors Private Limited is the book-running lead manager of the Vikran Engineering IPO. Bigshare Services Private Limited is the Registrar for Vikran Engineering IPO.

Vikran Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Vikran Engineering IPO?

Vikran Engineering IPO, based in Mumbai, operates in the   Engineering sector with a focus on Indian Engineering, Procurement and Construction (EPC) company. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Vikran Engineering IPO size is ₹ 772.00 Cr. with fresh issue size of ₹ 721 Cr. and Offer for sale being ₹ 51.00 Cr.

When is Vikran Engineering IPO allotment?

The IPO allotment date for Vikran Engineering IPO is expected to be 1st September 2025, after the finalization of basis of allotment. Investors can check Vikran Engineering IPO allotment status on the registrars website, Bigshare Services Private Limited . Vikran Engineering IPO refund dates are 2nd September 2025.

When is Vikran Engineering IPO listing date?

Vikran Engineering IPO is expected to be listed on 3rd September 2025.

What is the price band for Vikran Engineering IPO?

The upper price band for the Vikran Engineering IPO is set at ₹ 97.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Vikran Engineering IPO Review?

For IPO analysis on Vikran Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Vikran Engineering IPO?

To apply for the Vikran Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th August 2025. After submission, funds are blocked until the basis of allotment of Vikran Engineering IPO is finalised.

Who is the merchant banker of Vikran Engineering IPO?

The merchant banker for Vikran Engineering IPO is Pantomath Capital Advisors Private Limited , Systematix Corporate Services Limited . Pantomath Capital Advisors Private Limited , Systematix Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vikran Engineering IPO RHP for further details.

Who is the Registrar of Vikran Engineering IPO?

The registrar for Vikran Engineering IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Vikran Engineering IPO through their official website or helpline.

What is the Vikran Engineering IPO subscription?

Vikran Engineering IPO was subscribed 24.87 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

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FAQs

Vikran Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vikran Engineering Financial Review Page

Vikran Engineering IPO subscription was 24.87 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Vikran Engineering IPO listed at a listing price of 99.00 against the offer price of 97.00.

The current market price of Vikran Engineering is 100.14.

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