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Vikran Engineering Ipo


Objects of the Issue

  • Funding working capital requirements of the Company

  • General corporate purposes.

Vikran Engineering IPO Review

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Pantomath Capital Advisors Pvt Ltd

  • Systematix Corporate Services Limited

ApplicationLot SizeSharesAmount
Retail Minimum1148₹14,356
Retail Maximum131,924₹1,86,628
S-HNI Minimum142,072₹2,00,984
B-HNI Minimum7010,360₹10,04,920

IPO Open Date:August 26, 2025
IPO Close Date:August 29, 2025
Basis of Allotment:September 1, 2025
Refunds:September 2, 2025
Credit to Demat Account:September 2, 2025
IPO Listing Date:September 3, 2025

Period EndedRevenueExpenseProfit After TaxAssets
2022₹479.57₹470.21₹6.59₹479.87
2023₹529.18₹476.51₹42.84₹712.47
2024₹791.44₹688.69₹74.83₹959.79
2025₹922.36₹812.18₹77.82₹1,354.68

KPIValues
ROE:16.63%
ROCE:23.34%
EBITDA Margin:17.50%
PAT Margin:8.44%
Debt to equity ratio: 0.58
Earning Per Share (EPS):₹4.35 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):16.63%
Net Asset Value (NAV):₹25.49

CompanyEPSPE RatioRoNW %NAVIncome
Bajel Projects Ltd1.34158.752.32%57.632,598.24 Cr.
Kalpataru Projects International Ltd35.5334.688.77%378.8022,315.78 Cr.
Techno Electric & Engineering Company Ltd37.1940.1711.31%321.552,268.66 Cr.
SPML Infra Ltd7.6136.796.22%107.43770.64 Cr.
KEC International Limited21.8035.7110.67%200.8821,846.70 Cr.
Transrail Lighting Limited25.7230.7317.36%140.115307.75 Cr.

IPO Open Date:August 26, 2025
IPO Close Date:August 29, 2025
Face Value:₹1 Per Equity Share
IPO Price Band:₹92 to ₹97 Per Share
Issue Size:Approx ₹772 Crores
Fresh Issue:Approx ₹721 Crores
Offer for Sale:Approx 52,57,731 Equity Shares
Issue Type: Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here
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