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Vikran Engineering Ltd. IPO
IPO Timeline
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26 Aug 2025Bidding Starts
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29 Aug 2025Bidding Ends
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1 Sep 2025Allotment Finalization
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3 Sep 2025Listing
About Vikran Engineering Ltd.
We are one of the fast-growing Indian Engineering, Procurement and Construction (EPC) company. 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.
Vikran Engineering Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 2,38,76,289 (30%) |
| Non Institutional Investors | 1,19,38,144 (15%) |
| Qualified Institutional Buyers (QIBs) | 1,59,17,525 (20%) |
| Retail Individual Investors (RIIs) | 2,78,55,670 (35%) |
Vikran Engineering Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 922.36 Cr | 77.81 Cr | 449.51 Cr |
| 31 Mar 2024 | 791.44 Cr | 74.83 Cr | 290.95 Cr |
| 31 Mar 2023 | 529.18 Cr | 41.54 Cr | 130.85 Cr |
Vikran Engineering Ltd. Background
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2008Company was incorporated as a Private Limited Company under the name of Ratangiri Financial Services Private Limited.
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2014Change in ownership of the Company, due to acquisition of Equity Shares by the Markhedkar family from the erstwhile promoters of the Company.
First extra-high voltage (EHV) substation awarded by Madhya Pradesh Transmission Co. Ltd.
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2019Completion of electrification project in Bhagalpur – 3,000 tollas, 3,50,000 Energy Meters, 8,170 kms HT lines.
First 500 MVA, 400 kV power transformer substation order awarded by Power Grid Corporation of India Limited at Muzaffarpur.
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2020132 kV gas-insulated substation awarded by Maharashtra State Electricity Transmission Company Limited for bullet train project for MMRDA and National High Speed Rail Corporation Limited.
Order worth 7238.69 million awarded by Andhra Pradesh Central Power Distribution Corporation Limited for Guntur, Krishna and Prakasam districts under YSR Uchitha Vyavasaaya Vidyut Pathakam
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2021Awarded our first project in water segment at Betul district, Madhya Pradesh for ₹2543.40 million as a part of Prime Minister Har Ghar Jal Yojana
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2022Completion of our first railway electrification project awarded by Railway Electrification, Kolkata unit
Order worth ₹2,340 million awarded by National Thermal Power Corporation Limited.
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2023Company raised USD $22 million in a private placement round from various investors
1. Funding working capital requirements of our Company
2. General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 97.00 | ₹ 97.00 |
| Open | ₹ 99.70 | ₹ 99.00 |
| Low | ₹ 93.26 | ₹ 93.26 |
| High | ₹ 101.73 | ₹ 101.77 |
| Last Trade | ₹ 95.64 | ₹ 95.71 |
1. Rakesh Ashok Markhedkar
2. Avinash Markhedkar
3. Nakul Markhedkar
The transmission sector, a crucial part of the power industry, required more attention to meet the growing demand for electricity and the expanding generation capacity. Existing investments from budgets, internal funds, and PSU loans were insufficient to meet this demand. To address this issue, ... Read more
FAQs
When does Vikran Engineering Ltd. IPO opens and closes?
Vikran Engineering Ltd. IPO opens from 26th August to 29th August 2025.What is the size of Vikran Engineering Ltd. IPO?
The size of the Vikran Engineering Ltd. IPO is ₹772.00 Cr.What is the price range of Vikran Engineering Ltd. IPO?
The price range of Vikran Engineering Ltd. IPO is at ₹92 to ₹97 per share.What is the minimum investment and lot size required for the Vikran Engineering Ltd. IPO?
The minimum investment required is ₹14,356 and minimum lot size is 148 shares.When is Vikran Engineering Ltd. IPO listing date?
The Vikran Engineering Ltd. IPO will be listed on 3rd September 2025.What is the objective of Vikran Engineering Ltd. IPO?
1. Funding working capital requirements of our Company2. General corporate purposes
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