The Vikran Engineering IPO began on August 26, 2025. It will close on August 29,2025. The Total IPO Size is 772 Crores. The company set its IPO price at 97 Rs Per Share.
There are three basic categories in Vikran Engineering IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors 3) Retail.
Vikran Engineering is an Indian Engineering, Procurement and Construction (EPC) company.
They provide end-to-end services from conceptualisation, design, supply, installation, testing and commissioning on a turnkey basis and have presence across multiple sectors, including power, water, and railway infrastructure.
They have a diversified project portfolio, with the majority of revenue from the energy and water infrastructure vertical.
They also have experience in Solar EPC of ground-mounted solar projects and smart metering.
Ashish Kacholia, Everest Finance & Investment Company and Mukul Mahavir Agrawal are the Key Investors in the company.
Vikran Engineering IPO Promoters
Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar are the promoters of the company.
Vikran Engineering IPO Date, Details & Price Band
The Vikran Engineering IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 26-August-2025 |
| IPO Closing Dates | 29-August-2025 |
| Price | 92-97 Rs |
| Fresh Issue | 721.00 Crores |
| Offer for Sale | 51.00 Crores |
| Total IPO size | 772.00 Crores |
| Face Value | 1 INR Per Share |
| Issue Type | Book Building |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Vikran Engineering IPO Market Lot
The Vikran Engineering IPO minimum market lot is 148 shares with a 14,356 ₹ Amount per application.
| Lot | No of 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 ₹ |
| S-HNI Maximum | 68 | 10,212 | 9,90,564 ₹ |
| B-HNI Minimum | 69 | 10,360 | 10,04,920 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-25 | 1,354.68 | 922.36 | 77.82 |
| 31-Mar-24 | 959.79 | 791.44 | 74.83 |
| 31-Mar-23 | 712.47 | 529.18 | 42.84 |
Vikran Engineering IPO GMP & Grey Market Premium
Vikran Engineering IPO GMP Grey market premium has started today. Check the Latest Vikran Engineering IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Vikran Engineering IPO Prospectus
Vikran Engineering IPO Prospectus is Available on the NSE/BSE and SEBI website as well as on our Portal. Please click here to download the Vikran Engineering IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Vikran Engineering IPO Allotment Date & Details
| Allotment Date | 01-Sep-2025 |
| Initiation of refunds | 02-Sep-2025 |
| Transfer of shares to Demat accounts | 02-Sep-2025 |
| Listing Date | 03-Sep-2025 |
| Check Allotment Status | Click here |
Registrar of Vikran Engineering
Bigshare Services Private Limited
Pinnacle Business Park, Office No S6-2,
6th floor, Mahakali Caves Rd, Next to Ahura Centre,
Andheri East, Mumbai, Maharashtra 400093
Tel: +91-22-62638200
E-mail: [email protected]
Investor grievance E-mail:
[email protected]
Website: https://www.bigshareonline.com
Contact person: Babu Rapheal
SEBI Registration No: INR000001385
Vikran Engineering Contact Details
Vikran Engineering Ltd.
401, Odyssey I.T. Park,
Road No. 9, Wagle Industrial Estate
Thane (W), Maharashtra
Thane, Maharashtra, 400604
Phone: +91-22-62638263
Email: [email protected]
Website: https://www.vikrangroup.com/
Vikran Engineering IPO Lead Managers
Pantomath Capital Advisors Private Limited
Pantomath Nucleus House,
Saki-Vihar Road, Andheri-East,
Mumbai-400072, Maharashtra, India.
Tel.: 1800 889 8711
E-mail: [email protected]
Investor grievance e-mail:
[email protected]
Website: www.pantomathgroup.com
Contact Person: Amit Maheshwari
SEBI Registration Number: INM000012110
