IPO - Initial Public Offerings

 VIKRAN

  

VIKRAN ENGINEERING LTD. IPO

26 Aug, 10:00 AM

Issue Open

29 Aug, 05:00 PM

Issue Close

148

Lot Size

₹ 92.00 – ₹ 97.00

Price Range

IPO Issue Details

Issue size 772.00 Cr
Market Price 97.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.1 /- Per share
Listing at NSE BSE

About

VIKRAN ENGINEERING LTD. IPO
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 148 ₹ 14,356.00
Retail (Max) 13 1924 ₹ 1,86,628.00
S-HNI (Min) 14 2072 ₹ 2,00,984.00
S-HNI (Max) 69 10212 ₹ 9,90,564.00
B-HNI (Min) 70 10360 ₹ 10,04,920.00

IPO TimeLine

Open Date 26-Aug-2025
Close Date 29-Aug-2025
Basis of Allotment Date 01-Sep-2025
Initiation of Refunds 02-Sep-2025
Credit Shares to Demat A/c 02-Sep-2025
IPO Listing Date 03-Sep-2025