Vikran Engineering IPO Details
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹1000 Crores |
| Fresh Issue: | Approx ₹900 Crores |
| Offer for Sale: | Approx [.] 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 [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Vikran Engineering IPO Dates
The Vikran Engineering IPO date is 2025 and the close date is 2025. The Vikran Engineering IPO allotment will be finalized on 2025 and the IPO listing on 2025.
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 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 ₹791.44 crore in 2024, while it was ₹529.18 crore in 2023.
Vikran Engineering IPO Company Financial Report
The company reported revenue of ₹791.44 crores in 2024 against ₹529.18 crore in 2023. The company reported profit of ₹74.83 crores in 2024 against profit of ₹42.84 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹479.57 | ₹470.21 | ₹6.59 | ₹479.87 |
| 2023 | ₹529.18 | ₹476.51 | ₹42.84 | ₹712.47 |
| 2024 | ₹791.44 | ₹688.69 | ₹74.83 | ₹959.79 |
Vikran Engineering IPO Valuation – FY2024
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: | 25.69% |
| ROCE: | 30.37% |
| EBITDA Margin: | 16.96% |
| PAT Margin: | 9.46% |
| Debt to equity ratio: | 0.63 |
| Earning Per Share (EPS): | ₹4.92 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 25.69% |
| Net Asset Value (NAV): | ₹17.20 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bajel Projects Ltd | 0.37 | 689.32 | 0.76% | 49.11 | 1,169.21 Cr. |
| Kalpataru Projects International Ltd | 31.37 | 42.11 | 10.09% | 314.74 | 19,626.43 Cr. |
| Techno Electric & Engineering Company Ltd | 24.94 | 64.25 | 12.41% | 201.01 | 1,502.38 Cr. |
| SPML Infra Ltd | (1.42) | NA | (0.35)% | 94.63 | 1,318.97 Cr. |
| KEC International Limited | 13.49 | 75.61 | 8.47% | 159.31 | 19,914.17 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) – 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).
