Vikran Engineering IPO Details

Introduction

Vikran Engineering is launching its much-anticipated Initial Public Offering (IPO), offering a significant opportunity for investors interested in India’s capitalization-driven engineering sector. Here’s a comprehensive overview, with key details, investor FAQs, and a reference to JM Financial Services insights.

Key Details of Vikran Engineering IPO

• IPO Subscription Dates: August 26, 2025 - August 29, 2025
• Listing Date: September 3, 2025 on BSE and NSE
• Price Band: ₹92 - ₹97 per equity share
• Lot Size: 148 shares (minimum investment ₹14,356)
• Issue Size: ₹772 crore (fresh issue of ₹721 crore; offer for sale ₹51 crore)
• Face Value: ₹1 per share
• Book Running Lead Managers: Pantomath Capital Advisors, Systematix Corporate Services
• Registrar: Bigshare Services Private Limited
• Investor Categories: Retail, HNI, QIB
• Listing Exchanges: BSE and NSE

Retail investors can apply for a minimum of one lot (148 shares) and up to a maximum of 13 lots (1,924 shares), amounting to ₹1,86,628. For sNII (small non-institutional investors), the minimum is 14 lots, and for bNII (big non-institutional investors), 70 lots.

Vikran Engineering IPO Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Offer
Retail Shares Offered	Not less than 35% of the Offer
NII Shares Offered	Not less than 15% of the Offer

Company Financials

Vikran Engineering Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 4% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	1,354.68	959.79	712.47
Total Income	922.36	791.44	529.18
Profit After Tax	77.82	74.83	42.84
EBITDA	160.24	133.30	79.71
Net Worth	467.87	291.28	131.14
Reserves and Surplus	449.52	290.95	130.85
Total Borrowing	272.94	183.39	154.92
Amount in ₹ Crore

Key Performance Indicator (KPI)

The market capitalization of Vikran Engineering IPO is ₹2501.74 Cr.

KPI as of Mon, Mar 31, 2025.

KPI	Values
ROE	16.63%
ROCE	23.34%
Debt/Equity	0.58
RoNW	16.63%
PAT Margin	8.44%
EBITDA Margin	17.50%
Price to Book Value	3.81

Objective of the Issue

The Company Vikran Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No.	Objects of the Issue	Expected Amount (₹ in crores)
1	Funding working capital requirements of the Company.	541.00
2	General corporate purposes.	-

JM Financial Services

Leading financial service provider, JM Financial Services, frequently publishes expert insights and reviews into major IPOs, including Vikran Engineering. Their coverage often includes detailed performance metrics, order book status, and institutional investor interest—helping readers make informed decisions. For institutional investor anchor placement and post-IPO performance analysis, consultation with JM Financial Services is highly recommended for investment strategy and advisory. If you want invest in this IPO & all upcoming IPO’s then you do it by opening a demat account with JM Financial Services

Conclusion

The Vikran Engineering IPO stands out for its robust offering and strategic timing in the engineering sector. With JM Financial Services’ insights and strong market fundamentals, this IPO could be a critical opportunity for both retail and institutional investors. Always consult with your financial adviser or reach out to experts like JM Financial Services before investing in IPOs.

FAQs -

Q1: What are the IPO dates for Vikran Engineering?
A: The IPO opens on August 26, 2025, and closes on August 29, 2025.

Q2: What is the price band for the IPO?
A: The price band is set at ₹92–₹97 per equity share.

Q3: What is the minimum investment for a retail applicant?
A: Minimum investment is ₹14,356 for 148 shares (1 lot).

Q4: When is the basis of allotment and refund initiation?
A: The basis of allotment will be finalized on September 1, 2025. Refunds will be initiated on September 2, 2025.

Q5: On which exchanges will Vikran Engineering be listed?
A: BSE and NSE.

Q6: Can retail investors make multiple applications?
A: Yes, by using different Demat accounts and unique PAN numbers.

Q7: Who manages the IPO and handles allotments?
A: Pantomath Capital Advisors is the lead manager; Bigshare Services is the registrar.