Vikran Engineering Limited IPO
The company is one of India’s fast-growing Engineering, Procurement, and Construction (EPC) firms, known for its diversified project portfolio and strong execution capabilities. A significant share of its revenue is derived from the energy and water infrastructure segments, each contributing approximately 49%, reflecting the company’s strategic focus on high-growth sectors. It offers end-to-end turnkey solutions, encompassing conceptualization, design, supply, installation, testing, and commissioning. With a presence across critical infrastructure sectors such as power, water, and railways, the company is well-positioned to capitalize on India’s expanding infrastructure development needs.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹1,000.00 Crs |
Vikran Engineering IPO Objects
- Funding working capital requirements of our Company
- General corporate purposes
Vikran Engineering IPO Details
Price Band₹0.00 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹900.00 Cr (0.00 Shares) |
Offer For Sale₹100.00 Cr (0.00 Shares) |
Total Issue₹1,000.00 Cr (0.00 Shares) |
Face Value₹1 per equity share |
Vikran Engineering IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
0
0
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
Vikran Engineering IPO GMP
The estimated Grey Market Premium of Vikran Engineering IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | NA |
| Shareholder | NA |
Vikran Engineering IPO Financials
| Particulars | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Revenue from Operations | 785.95 | 524.31 | 474.21 |
| Profit after Tax | 74.83 | 42.84 | 6.59 |
| Net Worth | 291.28 | 131.14 | 89.21 |
| Total Borrowing | 183.39 | 154.92 | 118.71 |
| Total Assets | 959.79 | 712.47 | 479.87 |
| NAV per share (in ₹) | 17.20 | 8.85 | 6.02 |
| EPS - Basic (in ₹) | 4.92 | 2.89 | 0.45 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 16.96% |
| PAT | 9.46% |
| ROE | 25.69% |
| ROCE | 30.37% |
| Debt to Equity | 0.63 |
- All the data pertains to FY 2023-24
Vikran Engineering IPO Peer Comparision
.
Vikran Engineering IPO Peer Comparision
.
Promoter Details
| Name | Shareholding |
|---|---|
| Rakesh Ashok Markhedkar | 59.02% |
| Nakul Markhedkar | 7.24% |
| Other Promoters | 15.51% |
| Total | 81.78% |
Management Details
| Name | Designation |
|---|---|
| Rakesh Ashok Markhedkar | Chairman & MD |
| Ashish Bahety | CFO |
Company Details
Name: Vikran Engineering Limited
Address: 401, Odyssey I.T. Park, Road No. 9, Wagle Industrial Estate, Thane (W) – 400604, Maharashtra
Number: 22-62638263
Email: companysecretary@vik rangroup.com
Website: www.vikrangroup.com
Book Running Lead Managers (BRLMs)
Systematix Corporate
Visit Website
Pantomath Capital
Visit WebsiteRTAs
Bigshare Services
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Vikran Engineering IPO is a Mainboard IPO having an issue size of Rs. ₹1,000.00 Crs. Vikran Engineering IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Vikran Engineering IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Vikran Engineering IPO is ₹0 per share (-).
The minimum lot size of Vikran Engineering IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Vikran Engineering IPO is 12 Jul 25.
The listing date of Vikran Engineering IPO is 12 Jul 25.
Vikran Engineering IPO is subscribed -.
Vikran Engineering IPO is priced at ₹0.00 - ₹0.00 per share.
Click the allotment link on Vikran Engineering IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Vikran Engineering IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!