Open Date
26 Aug 2025
Close Date
29 Aug 2025
Listing Date
-
Max Investment
₹1,86,628
Price Range
₹97 - ₹97
Lot Size
148
Lot Size
IPO Size
₹772Cr
Exchange Symbols
Vikran Engineering Ltd IPO
₹14,356
/ 148
Cutoff - Lot Size
Vikran Engineering Ltd IPO
Infrastructure Developers & Operators
Mainboard|
₹14,356
/ 148
Cutoff - Lot Size
IPO Dates and Timelines
IPO Size
IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
2,38,76,289
-
QIB Shares Offered
3,97,93,815
50.0%
NII (HNI) Shares Offered
1,19,38,144
15.0%
Retails Shares Offered
2,78,55,670
35.0%
Total Shares Offered
7,95,87,629
-
Total Shares with Anchor Investor
6,36,70,104
100%
IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
1
148
₹14,356
Retail (Max)
13
1924
₹1,86,628
S-HNI (Min)
14
2072
₹2,00,984
S-HNI (Max)
69
10212
₹9,90,564
B-HNI (Min)
70
10360
₹10,04,920
IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
81.78%
56.17%
Public Group
18.22%
43.83%
IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
IPO Peers
Peer Name
P/E(x)
RoNW%
KEC International Limited
35.71
10.67
Transrail Lighting Limited
30.73
17.36
IPO Strengths & Risks
Strength
Risks
One of the fast-growing engineering, procurement and construction ("EPC") companies, with timely execution of power transmission and distribution and water infrastructure sector.
Diversified Order Book across business verticals and consistent financial performance.
Pan India presence with strong supply chain.
Asset light model.
Majority of our projects have been awarded through competitive bidding process. Failure to complete our projects within contractual time may affect our future business prospects and financial performance. Failure to qualify for, complete or win new contracts could negatively impact our business, potentially affecting our financial condition, operational results, growth prospects, and cash flow stability.IPO Registrars
Bigshare Services Pvt Ltd
Phone Number:
91-22-62638200
Email ID:
Website:
www.bigshareonline.com
Limited
We are one of the fast-growing Indian Engineering, Procurement and Construction (EPC) company in terms of revenue growth over FY23-25, compared to the average industry growth estimates and the peer set considered. (Source: CRISIL Report). While we are relatively smaller in terms of revenue from operations in comparison to the listed industry peers, our revenue from operations grew at a CAGR of 32.17% from Rs.5,243.05 million in Fiscal 2023 to Rs.9,158.47 million in Fiscal 2025, based on our Restated Financial Information. We have successfully executed projects for government entities, public sector undertakings and private companies. Our focus on operational excellence, and efficient cost structure, and has enabled us to deliver high-value projects that meet stringent regulatory and quality standards (Source: CRISIL Report). We provide end-to-end services from conceptualisation, design, supply, installation, testing and commissioning on a turnkey basis and has presence across multiple sectors including power, water, and railway infrastructure.
Contact Details
IPO Company Name:
Limited
Phone Number:
+91-22 6263 8263
Email ID:
Website:
www.vikrangroup.com
Address:
Thane (West), Maharashtra
IPO Overview
: IPO Dates
The IPO opens for subscription on 26 Aug 2025, and closes on 29 Aug 2025. Investors will likely receive their allotment status updates on 01 Sep 2025. Those who get allotted shares can expect them credited to their Demat accounts by 02 Sep 2025. The shares will be officially listed on the stock exchange on 03 Sep 2025.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹97.0 and ₹97.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹721.0 crore and an offer for sale valued at ₹ 51.0 crore. The exact listing price will be revealed on 03 Sep 2025, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.
How to Apply for IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for ?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 26 Aug 2025.
What is the close date of IPO?
- The closing date of IPO is 29 Aug 2025.
What is the issue size of IPO?
- The issue size of IPO is Rs Cr.
What is the lot size of IPO?
- The size per lot of IPO is 148.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 01 Sep 2025.
What is the listing date of IPO?
- IPO will get listed on .
Who is the registrar of IPO?
- The registrar of IPO is Bigshare Services Pvt Ltd.
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