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IPO Analysis > vikran-engineering-ipo-mainboard

Vikran Engineering IPO Logo 

Vikran Engineering IPO: A Guide To Your Investment

Around 40–50% of power sector investments go into EPC projects, which cover plant design, construction, equipment procurement, and building transmission lines across India.

The Vikran Engineering IPO manager is Systematix Corporate and Pantomath Capital, while the registrar is Bigshare Services. Click here to know your allotment status.

See the Vikran Engineering IPO DRHP

Note: Half of Vikran Engineering Limited IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Vikran Engineering IPO Details: Company Profile

See how Vikran Engineering Company has been achieving great milestones.

Particulars

Details 

Incorporated 

2008

Registered Office 

Maharashtra

Promoter

Rakesh Ashok Markhedkar

Products 

Conceptualisation, supply, testing, commissioning, and solar projects

Number of Employees 

674

Competitors 

Bajel Projects and  Kalpataru Projects International 

 

Exploring the Vikran Engineering IPO Details

See Vikran Engineering turnover and Vikran Engineering IPO date and time. 

  • Vikran Engineering IPO Date

There’s not much information available right now on the Vikran Engineering IPO date. Please check back soon for more updates.

  • Vikran Engineering IPO size

Particulars

Shares

Aggregate Value

Fresh Issue 

Not Disclosed 

₹ 900 crores

Offer for Sale

Not Disclosed 

₹ 100 crores

Overall Issue 

Not Disclosed 

₹1000 crores


  • Objectives of the offer 


Particulars

Amount (₹ in million)

Working capital requirements

6,255.00

General corporate needs 

Not Disclosed 

Total

Not Disclosed


  • Other takeaways from the Vikran Engineering Share Price

The Vikran Engineering IPO listing price, along with other details, is as follows: 


Particulars

Description

Face value of each share

₹1

Price Range

Not Disclosed 

Listed At 

NSE BSE


  • Categorisation of different investors  


Particulars

QIBs

Non-Institutional Bidders

Retail Individual Bidders

Shares Available for Allotment

Not Disclosed 

Not Disclosed 

Not Disclosed 

Minimum Bid

The bid amount should be more than ₹0.20 million

The bid amount should be more than ₹0.20 million

Not Disclosed 

Maximum Bid

Not Disclosed 

Not Disclosed 

The bid amount should be less than or equal to ₹0.20 million


Get the right broker to open a demat account today!

Vikran Engineering IPO details: Key Financials 

Particulars

As at and for the Fiscal March 31, 2024

March 31, 2023

March 31, 2022

Equity Share Capital

3.32

2.90

2.90

Net Worth 

2,912.80

1,311.35

892.12

Revenue from Operations

7,859.48

5,243.05

4,742.12

Profit for the Year

748.31

428.40

65.91

Basic Earnings per Equity Share (₹/share) 

4.92

2.89

0.45

Diluted Earnings per Equity Share (₹/share)

4.92

2.89

0.45

NAV

17.2

8.85

6.02

Total Borrowings 

1,833.91

1,549.24

1,187.11


Metrics of Vikran Engineering IPO 


Particulars

Fiscal 2024

Fiscal 2023

Fiscal 2022

EBITDA Margin (%)

16.96

15.2

5.31

PAT

748.31

428.4

65.91

PAT Margin (%)

9.46

8.1

1.37

ROE (%)

25.69

32.67

7.39

ROCE (%)

30.37

27.98

12.31

Net Worth

2,912.80

1,311.35

892.12

Revenue CAGR (%)

28.74

EBITDA CAGR (%)

130.02

PAT CAGR (%)

236.94

Debt to Equity Ratio

0.63

1.18

1.33

Fixed Assets Turnover Ratio

91.00

57.38

46.13

Inventory Turnover Ratio

12.80

10.70

11.55


Strengths and risks

Here are the benefits and risks Vikran Engineering has in its industry:

Strengths 

  • Solid financial growth with strong sales and profit CAGR in the last five years.

  • Over ₹100 crore already raised in pre-IPO funding rounds.

  • Experience of 44 completed and 34 ongoing projects across 17 states.

  • Trusted ties with big government and PSU clients.

Risks 

  • Heavy reliance on government contracts that may shift with policy or budget changes.

  • Liquidity pressure is possible due to working capital-heavy operations.

  • Project delays can happen from site issues or approval bottlenecks.

  • Regulatory and environmental compliance risks in the infrastructure sector.

IPO Closing Soon: Is Vikran Engineering IPO Worth the Rush?

Vikran Engineering IPO GMP share price was ₹10 on 19 Aug 2025. You can check the Vikran Engineering IPO review. See here for the latest GMP update and Vikran Engineering pre IPO details. 

Apply now for a Vikran Engineering IPO and check its live subscription

FAQs

1. What is the Vikran Engineering Limited date and size?

The IPO date is unavailable, while the IPO size would be around ₹1000 crores. You must check its live subscription details too before bidding for Vikran Engineering Limited IPO.

2. What is the Vikran Engineering share price?

The Vikran Engineering IPO price today has not been revealed. Final allotment will depend on investor demand and subscription levels. Checking the updated RHP (Red Herring Prospectus) and GMP updates is recommended for the exact details.

3. What is the Vikran Engineering IPO date today?

The Vikran Engineering Limited IPO date is unavailable. Make sure to check the official prospectus or stock exchange notifications for the most accurate dates before applying.

4. Should I get a demat account for Vikran Engineering IPO?

Yes, a demat account is mandatory if you want to invest in the Vikran Engineering IPO. Without it, you cannot hold or trade the shares after allotment. Opening a demat account is simple and can be done with most stockbrokers or financial apps online.

5. What is the Vikran Engineering IPO subscription for retailers?

The total number of shares given to only retailers is still unknown. Check the company’s RHP or SEBI filings for the confirmed figure.

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