31 Mar 2023
Assets712.47
Total Income529.18
EBITDA79.71
Profit After Tax42.84
NET Worth131.14
Reserves and Surplus130.85
Total Borrowing154.92
At a glance
Updated 2026-08-24The shares listed at ₹99.00, a 2.06% move from the issue price. Vikran Engineering is a Mainboard IPO with an issue size of ₹772.00 crore, proposed for listing on BSE, NSE. The offer opens on 26th Aug 2025 and closes on 29th Aug 2025. The issue structure includes a fresh issue of ₹721.00 crore and an offer-for-sale component of ₹51.00 crore. The current listing schedule points to 3rd Sep 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹772.00 Cr
Fresh issue₹721.00 Cr
Offer for sale₹51.00 Cr
Face value₹1
Price band₹92.00–₹97.00
Allotment1st Sep 2025
Listing3rd Sep 2025
Listing performance
Full performance ↗Issue price₹97.00
Listing price₹99.00
Current price—
Listing gain2.06%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹7.00
GMP / upper price7.22%
Est. listing₹104.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Aug 2025
Closes29th Aug 2025
Allotment1st Sep 2025
Refund2nd Sep 2025
Demat2nd Sep 2025
Listing3rd Sep 2025
Subscription demand
Full bidding ↗Total24.87×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 148 | ₹14,356 |
Company
Incorporated2008
Use of proceeds
| Object | Amount |
|---|---|
| Funding working capital requirements of the Company | ₹541.00 Cr |
| General Corporate Purposes | ₹129.97 Cr |
| Issue Expenses | ₹53.57 Cr |
| Total | ₹724.54 Cr |
Financials
Full financials ↗31 Mar 2024
Assets959.79
Total Income791.44
EBITDA133.30
Profit After Tax74.83
NET Worth291.28
Reserves and Surplus290.95
Total Borrowing183.39
31 Mar 2025
Assets1,354.68
Total Income922.36
EBITDA160.24
Profit After Tax77.82
NET Worth467.87
Reserves and Surplus449.52
Total Borrowing272.94
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
Valuation & shareholding
Pre-IPO EPS4.24
Post-IPO EPS3.02
Pre-IPO P/E22.88
Post-IPO P/E32.15
Promoter holding pre81.78%
Promoter holding post56.17%
Market cap₹2501.74 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding working capital requirements of the Company | ₹541.00 Cr |
| General Corporate Purposes | ₹129.97 Cr |
| Issue Expenses | ₹53.57 Cr |
| Total | ₹724.54 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Systematix Corporate Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.