Vikran Engineering IPO subscribed 24.87x on Day 3

Vikran Engineering IPO subscription started on Friday, August 26, 2025, and will close on August 29, 2025, as per the schedule. The price band is set at ₹92 to ₹97 per share with a face value of ₹1.

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Vikran Engineering IPO Subscription Status 

Vikran Engineering IPO subscribed over 24.87x on its last day till 5.00 PM on 29th August 2025. 

  • Vikran Engineering IPO subscription QIB investors’ portion was 20.51 times, while NII subscribers subscribed 61.77 times, and RII investors subscribed 11.56 times. 
  • The company has received bids for 1,38,57,62,924 shares against 5,57,11,341 on offer for the last-day subscription. 
  • Vikran Engineering IPO subscribed over 24.87x on its day 3. 
  • 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 Engineering  IPO GMP:  

Vikran Engineering IPO GMP was ₹10 as of Friday, 29 August 2025. That indicates the IPO is trading at ₹107 with a ₹10 premium in the grey market against the issue price of ₹97. 

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.