On the last day, the Vikran Engineering IPO was subscribed 24.87 times overall, the retail quota 11.56 times, the QIB 20.51 times, and the NII quota 61.77 times, respectively.
Details About Vikran Engineering IPO
Vikran Engineering got approval from SEBI for an IPO of ₹772 crores. This IPO consists of a fresh issue of ₹721 crores and offer for sale up to 52,57,731 equity shares with a face value of ₹1 each. Moreover, the company has set up a price band between ₹92 to ₹97 per share.
In this IPO, a total of 148 shares were available in 1 lot sizes for the minimum Retail category, and for the maximum retail category,1924 shares in 13 lot sizes. While S-HNI (Min) total of 2,072 shares in 14-lot sizes. B-HNI Minimum 10,360 shares in 70 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,356 and maximum investment of ₹1,86,628.
- Small HNI (S-HNI): Minimum investment of ₹2,00,984.
- B-HNI Minimum: Maximum investment of ₹10,04,920.
Subscription Duration of the Vikran Engineering IPO
The Vikran Engineering IPO opening date was August 26, 2025, and the closing date was August 29, 2025.
The allotment of Vikran Engineering was finalized on September 1, 2025, while the IPO listing is on September 3, 2025.
About Vikran Engineering IPO
Vikran Engineering, a leading firm, was opened in 2008 and engaged in the work of 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.
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.
Financial Background of Vikran Engineering IPO
The company has shown revenue of ₹922.36 crores in 2025, while it was ₹791.44 crores in 2024. The company reported a profit of ₹77.82 crores in 2025, up from ₹74.83 crores in 2024.
