Vikran Engineering IPO Subscription Status
Vikran Engineering IPO subscribed over 5.52x on its Second day till 5.00 PM on 28th August 2025.
- Vikran Engineering IPO subscription QIB investors’ portion was 0.96 times, while NII subscribers subscribed 11.63 times, and RII investors subscribed 5.52 times.
- The company has received bids for 30,77,95,008 shares against 5,57,11,341 on offer for the Second-day subscription.
- Vikran Engineering IPO subscribed over 5.52x on its day 2.
- Vikran Engineering IPO subscribed over 2.51x on its day 1.
About Vikran Engineering Company
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 Financial Report
The company reported revenue of ₹922.36 crores in 2025 against ₹791.44 crores in 2024. The company reported a profit of ₹77.82 crores in 2025 against a profit of ₹74.83 crores in 2024.
Vikran Engineerin IPO GMP:
Vikran Engineering IPO GMP was ₹14 as of Thursday, 28th August 2025. That indicates the IPO is trading at ₹111 with a ₹14 premium in the grey market against the issue price of ₹97.
