Vikran Engineering Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 26-08-2025 | 29-08-2025 | ₹1 per share | 0 | 148 Shares | BSE, NSE | 52,57,731 shares of ₹1 (aggregating up to ₹51.00 Cr) | 2025-09-01 00:00:00 | 2025-09-02 00:00:00 | 2025-09-02 00:00:00 | 03-09-2025 |
About The Company
Vikran Engineering IPO is a book build issue of ₹772.00 crores. The issue is a combination of fresh issue of 7.43 crore shares aggregating to ₹721.00 crores and offer for sale of 0.53 crore shares aggregating to ₹51.00 crores.
Vikran Engineering IPO bidding opened for subscription on Aug 26, 2025 and will close on Aug 29, 2025. The allotment for the Vikran Engineering IPO is expected to be finalized on Sep 1, 2025. Vikran Engineering IPO will list on BSE, NSE with a tentative listing date fixed as Sep 3, 2025.
Vikran Engineering IPO price band is set at ₹92.00 to ₹97.00 per share . The lot size for an application is 148. The minimum amount of investment required by an retail is ₹14,356 (148 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,072 shares), amounting to ₹2,00,984, and for bNII, it is 70 lots (10,360 shares), amounting to ₹10,04,920.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 712 | 43 | 131 | 130.85 | 0 | 154.92 |
| 31-03-2024 | 960 | 791 | 75 | 291.28 | 290.95 | 183.39 |
| 31-03-2025 | 1355 | 922 | 78 | 467.87 | 449.52 | 272.94 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 148 | 14356 |
| Retail (Max) | 13 | 1924 | 186628 |
| S-HNI (Min) | 14 | 2072 | 200984 |
| S-HNI (Max) | 69 | 10212 | 990564 |
| B-HNI (Min) | 70 | 10360 | 1004920 |
IPO Listing Details
| Listing Date | 03-09-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar are the company promoters.
Contact Information of the Company
Vikran Engineering Ltd.
401, Odyssey I.T. Park,
Road No. 9, Wagle Industrial Estate
Thane (W), Maharashtra
Thane, Maharashtra, 400604
Phone: +91-22-62638263
Email: companysecretary@vikrangroup.com
Website: https://www.vikrangroup.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Manager
Pantomath Capital Advisors Pvt.Ltd. (Past IPO Performance) Systematix Corporate Services Ltd. (Past IPO Performance)