Vikran Engineering IPO will open on August 26, 2025, and close on August 29, 2025. It is a Book-Built Issue through which the company plans to raise approximately ₹772 crores, consisting of a fresh issue of ₹721 crores and an offer for sale of up to 52,57,731 equity shares with a face value of ₹1 each.

The IPO price band has been fixed at ₹92 to ₹97 per share. The issue allocation includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. The IPO is scheduled to list on both BSE and NSE on September 3, 2025, with the allotment date set for September 1, 2025.

For FY 2025, the company reported revenue of ₹922.36 crores compared to ₹791.44 crores in FY 2024, while net profit stood at ₹77.82 crores against ₹74.83 crores in the previous year. Based on its financial performance, the IPO is considered favorable for long-term investment.

About Vikran Engineering IPO

Vikran Engineering is one of the top firms in the case of EPC. It was opened in 2008 and started work regarding Engineering, Procurement, and Construction. Notably, this company has done projects for the government and also has a focus on operational excellence and efficient cost structure. As they are providing high-quality services and top-notch solutions, they are presently famous across multiple sectors, including power, water, and railway infrastructure. The company has unique and varied strengths such as Geographical and sector diversification, Experienced promoters, Improved scale of operations, and a Comfortable financial risk profile. They have a commitment to satisfaction, maintaining, and making strong relationships with the consumers. Vikran Engineering’s revenue was ₹791.44 crore in 2024, while it was ₹529.18 crore in 2023.