Vikran Engineering IPO Details
| IPO Open Date: | August 26, 2025 |
| IPO Close Date: | August 29, 2025 |
| Face Value: | ā¹1 Per Equity Share |
| IPO Price Band: | ā¹92 to ā¹97 Per Share |
| Issue Size: | Approx ā¹772 Crores |
| Fresh Issue: | Approx ā¹721 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 ā¹14,356 application amount. The retail investors can apply up-to 13 lots with 1,924 shares of ā¹1,86,628Ā amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 148 | ā¹14,356 |
| Retail Maximum | 13 | 1,924 | ā¹1,86,628 |
| S-HNI Minimum | 14 | 2,072 | ā¹2,00,984 |
| B-HNI Minimum | 70 | 10,360 | ā¹10,04,920 |
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
Vikran Engineering is one of the top firms in the case of EPC. It was opened in 2008 and started work regarding Engineering, Procurement, and Construction. Notably, this company has done projects for the government and also has a focus on operational excellence and efficient cost structure. As they are providing high-quality services and top-notch solutions, they are presently famous across multiple sectors, including power, water, and railway infrastructure. The company has unique and varied strengths such as Geographical and sector diversification, Experienced promoters, Improved scale of operations, and a Comfortable financial risk profile. They have a commitment to satisfaction, maintaining, and making strong relationships with the consumers. Vikran Engineering’s revenue was ā¹791.44 crore in 2024, while it was ā¹529.18 crore in 2023.
Vikran Engineering IPO Company Financial Report
The company reported revenue of ā¹922.36 crores in 2025 against ā¹791.44 crore in 2024. The company reported profit of ā¹77.82 crores in 2025 against profit of ā¹74.83 crores in 2024.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹479.57 | ā¹470.21 | ā¹6.59 | ā¹479.87 |
| 2023 | ā¹529.18 | ā¹476.51 | ā¹42.84 | ā¹712.47 |
| 2024 | ā¹791.44 | ā¹688.69 | ā¹74.83 | ā¹959.79 |
| 2025 | ā¹922.36 | ā¹812.18 | ā¹77.82 | ā¹1,354.68 |
Vikran Engineering IPO Valuation – FY2025
Check Vikran Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E 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): | ā¹4.35 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.63% |
| Net Asset Value (NAV): | ā¹25.49 |
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 Review
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Vikran Engineering IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
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) ā 400604, Maharashtra
Phone: +91-22-62638263
Email: [email protected]
Website: https://www.vikrangroup.com/
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Note: The Vikran Engineering IPO price band and date are officially announced. The (Vikran Engineering IPO grey market premium) will be added to the IPO GMP page as it will start).
