Category: IPO

The Vikran Engineering IPO is a book-built issue with a total value of ₹772.00 crores. The IPO's structure is a combination of a fresh issue of 7.43 crore shares (raising ₹721.00 crores) and an offer for sale (OFS) of 0.53 crore shares (worth ₹51.00 crores). The company has a total issue size of 7,95,87,627 shares, each with a face value of ₹1. The issue price band is set between ₹92.00 and ₹97.00 per share. Key Dates & Schedule The IPO subscription window is from August 26, 2025, to August 29, 2025. The allotment of shares is tentatively scheduled for September 1, 2025, and the listing on the BSE and NSE is expected on September 3, 2025. EventTentative DateIPO Open DateTue, Aug 26, 2025IPO Close DateFri, Aug 29, 2025Allotment FinalizationMon, Sep 1, 2025Initiation of RefundsTue, Sep 2, 2025Demat Credit of SharesTue, Sep 2, 2025Listing DateWed, Sep 3, 2025UPI Mandate Confirmation Cut-off5 PM on Aug 29, 2025 Lot Size & Investment Details Investors can apply for a minimum of 148 shares, with subsequent bids in multiples of this lot size. The investment amounts vary by investor category, based on the upper price band of ₹97 per share. Application CategoryLots (Min/Max)Shares (Min/Max)Amount (₹) (Min/Max)Retail1 / 13148 / 1,92414,356 / 1,86,628sNII14 / 692,072 / 10,2122,00,984 / 9,90,564bNII70 / -10,360 / -10,04,920 / - Company Profile & Financials Vikran Engineering Ltd., an Engineering, Procurement, and Construction (EPC) company, was incorporated in 2008. The company's operations span power transmission, water infrastructure, railway projects, and solar energy. As of June 30, 2025, it had completed 45 projects across 14 states and had an ongoing order book of ₹24,424.39 million. The company's competitive strengths include its asset-light model, diversified order book, and in-house technical expertise. The company has demonstrated consistent financial performance. Between the fiscal years ending March 31, 2024, and March 31, 2025, revenue increased by 17% and Profit After Tax (PAT) grew by 4%. Period Ended (₹ Crores)Mar 31, 2025Mar 31, 2024Mar 31, 2023Total Income922.36791.44529.18Profit After Tax77.8274.8342.84Net Worth467.87291.28131.14Total Borrowings272.94183.39154.92EBITDA160.24133.3079.71 Key Performance Indicators & Promoter Holding The market capitalization of the IPO is ₹2,501.74 crores. Key metrics as of March 31, 2025, include a PAT margin of 8.44% and a Debt/Equity ratio of 0.58. MetricPre-IPOPost-IPOEPS (₹)4.243.02P/E (x)22.8832.15 The company's promoters—Rakesh Ashok Markhedkar, Avinash Markhedkar, and Nakul Markhedkar—hold an 81.78% stake in the company before the issue. IPO Objectives & Management The primary objectives for the fresh issue proceeds are to fund the company's working capital requirements(₹541.00 crores) and for general corporate purposes. The IPO is managed by Pantomath Capital Advisors Pvt. Ltd. as the book-running lead manager and Bigshare Services Pvt. Ltd. as the registrar. The company's lead managers also include Systematix Corporate Services Ltd. Disclaimer This information is sourced from the Red Herring Prospectus (RHP) and other public sources related to the Vikran Engineering IPO. It is for informational purposes only. Please refer to the official RHP for complete details. Tickershorts.com, its affiliates, directors, and employees are not liable for any discrepancies or losses resulting from the use of this information. Investors should conduct their own due diligence and seek professional advice before making any investment decisions. Watch Short Financial News at www.tickershorts.com Join our WhatsApp channel - "Click Here"

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