VIKRAN ENGINEERING LIMITED
Price Band
₹ 92 - ₹ 97
Bid Lot
148 Shares
VIKRAN ENGINEERING LIMITED
26-Aug-2025 - 29-Aug-2025
Price Band
₹ 92 - ₹ 97
Minimum Investment
₹ 14356.00
Bid Lot
148 Shares
Shares
79,587,627
-
Face Value - Rs. 1/- Per Share
- Lisitng at BSE, NSE
-
188,213 Application Required in Retail for 1 Time.
-
Registrar :
Bigshare Services Pvt. Ltd
IPO Details
QIB
50%
(39,793,812 Shares)RS.386.00 CR
HNI 1
5%
(3,979,381 Shares)RS.38.60 CR @ 1921 FORM 1X
HNI 2
10%
(7,958,764 Shares)RS.77.20 CR @ 3841 FORM 1X
Retail
35%
(27,855,670 Shares)RS.270.20 CR @ 188214 FORM 1X
Timeline
-
26
Aug-2025
Open Date
-
29
Aug-2025
Close Date
-
01
Sep-2025
Basis of Allotment Date
-
02
Sep-2025
Initiation of Refunds
-
02
Sep-2025
Credit of Shares to Demat A/C
-
03
Sep-2025
IPO Listing Date
Subscription as on 29-Aug-2025 17:08
Category
Book Size
Subscription
QIB
20.51x
15,917,525
(₹154.40 Cr.)
326,446,412
(₹3166.53 Cr.)
HNI (<10 LAKH)
44.62x
3,979,381
(₹38.60 Cr.)
177,555,304
(₹1722.29 Cr.)
HNI2 (>10 LAKH)
70.34x
7,958,764
(₹77.20 Cr.)
559,815,180
(₹5430.21 Cr.)
RETAIL
11.56x
27,855,670
(₹270.20 Cr.)
322,082,928
(₹3124.20 Cr.)
Total
24.88x
55,711,340
1,385,899,824
Category
Book Size
Subscription
QIB
20.51x
15,917,525
(₹154.40 Cr.)
326,446,412
(₹3166.53 Cr.)
HNI (<10 LAKH)
44.62x
3,979,381
(₹38.60 Cr.)
177,555,304
(₹1722.29 Cr.)
HNI2 (>10 LAKH)
70.34x
7,958,764
(₹77.20 Cr.)
559,815,180
(₹5430.21 Cr.)
RETAIL
11.56x
27,855,670
(₹270.20 Cr.)
322,082,928
(₹3124.20 Cr.)
Total
24.88x
55,711,340
1,385,899,824
*Excluding Anchor
Total No. of Application Approx : ~1883201 (10.01 Appwise)
HNI Cost
About Company
Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) company.
The company's projects include underground water distribution and surface water extraction, overhead tanks, and distribution networks.
Service Sectors:
- Power Transmission and Distribution: Specializing in extra-high voltage (EHV) substations up to 400kV and comprehensive power distribution solutions.
- Water Infrastructure: Engaged in projects involving underground water distribution, surface water extraction, overhead tanks, and distribution networks.
- Railway Infrastructure: Providing services in railway infrastructure projects.
- Solar Energy: Expanding presence in solar EPC projects.
As of June 30, 2025, the company has completed 45 projects across 14 states with a total executed contract value of Rs 19,199.17 million. As of June 30, 2025, they have 44 ongoing projects across 16 states, aggregating orders of Rs 51,202.07 million, of which the Order Book is Rs 24,424.39 million.
The company's clients in the government sector include NTPC Limited, Power Grid Corporation of India Limited, South Bihar Power Distribution Co. Ltd., North Bihar Power Distribution Co. Ltd., Transmission Corporation of Telangana Limited and more.
Strengths
Competitve Strengths:
- 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
- Asset light model
- In-house technical and engineering capabilities, process control and quality assurance
- Experienced promoters and management team, having domain knowledge
Company Promoters
Company Financials
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 1,354.68 | 959.79 | 712.47 |
| Total Income | 922.36 | 791.44 | 529.18 |
| Profit After Tax | 77.82 | 74.83 | 42.84 |
| EBITDA | 160.24 | 133.30 | 79.71 |
| Net Worth | 467.87 | 291.28 | 131.14 |
| Reserves and Surplus | 449.52 | 290.95 | 130.85 |
| Total Borrowing | 272.94 | 183.39 | 154.92 |
| Amount in ? Crore | |||
Objects of the Issue
The Company Vikran Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (? in crores) |
|---|---|---|
| 1 | Funding working capital requirements of the Company. | 541.00 |
| 2 | General corporate purposes. |
How to Apply
Apply for IPO in few simple steps.
-
Step 1
Once you create your account, Login to Easy Investing.
-
Step 2
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
-
Step 3
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
-
Step 4
Enter your UPI ID and you will receive mandate on your UPI App.
-
Step 5
Once you accept the mandate, Application is submitted successful.
The Bidding Process
- Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
- If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
- The maximum subscription amount for retail investors is 2 lakh.
- Any bid can be at a desired price or cut off price given by the company.
How to bid on App?
- Enter the number of shares you wish to buy, as per the lot size.
- You can apply at the cut off price set by the company or bid for a desired amount within the price band.
- Maximum three bids will be accepted.
- You then need to enter the UPI ID on Easy Investing’s IPO application form.
Investing using UPI
- You will immediately get a fund blocked request on your UPI for the submitted IPO application.
- The funds will be blocked in your bank account until allotment when it is debited.
- The limit for IPO application is Rs 2 lakh per transaction on UPI.
- On allotment of the shares, the money will be automatically debited.
- If the share aren’t allotted the blocked funds will reflect back into your account.
FAQs
Frequently Ask Question