Vikran Engineering
August 26, 2025 – August 29, 2025
| Price | ₹0 - ₹0 |
| Premium | ₹0 |
|---|---|
| Lot size | 0 |
| Allotment | Sep 1, 2025 |
| Listing | Sep 3, 2025 |
Vikran Engineering About
Vikran Engineering IPO Details
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | [.] shares (aggregating up to ₹ 771.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹ .00 Cr) |
| Offer for Sale | [.] shares of ₹1 (aggregating up to ₹ .00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
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 |
Key Performance Indicator
ADDING SOON- Power Transmission and Distribution: Vikran specializes in extra-high voltage (EHV) substations up to 400kV, as highlighted by Vikran Engineering Limited. Their services encompass power transmission solutions like constructing high-voltage transmission lines up to 765 kV and advanced transmission & distribution networks. They also provide integrated power distribution solutions, including rural and remote area electrification projects and network expansion initiatives.
- Water Infrastructure: The company undertakes projects related to underground water distribution, surface water extraction, overhead tanks, and distribution networks. Their water infrastructure services include water treatment plant setup, water distribution networks, and rainwater harvesting systems.
- Railway Infrastructure: Vikran is actively involved in railway infrastructure projects, focusing on railway electrification, including overhead electrification (OHE), traction substations, and transmission networks.
- Solar Energy: The company's presence is expanding in the solar EPC sector, delivering turnkey solar PV projects and balance of system (BoS) projects. According to Vikran Engineering Limited, their expertise extends to utility-scale solar farms and rooftop solar installations.
Strong Project Portfolio and Client Base
As of August 31, 2024, Vikran Engineering Limited has completed 44 projects across 11 states, with a total executed contract value of ₹18,958.14 million. The company has 34 ongoing projects across 17 states, aggregating orders of ₹39,570.55 million, with an Order Book of ₹19,557.00 million.
The company serves a distinguished clientele in the government sector, including:
- NTPC Limited
- Power Grid Corporation of India Limited
- South Bihar Power Distribution Co. Ltd.
- North Bihar Power Distribution Co. Ltd.
- Transmission Corporation of Telangana Limited
Pan-India Presence
Vikran Engineering Limited maintains a strong pan-India presence with 195 sites and store locations, allowing them to cater to the specific needs of customers across the country.
The company's focus on operational excellence, efficient cost structure, and adherence to stringent regulatory and quality standards ensures the delivery of high-value projects. As stated by Vikran Engineering Limited, their core values include employee satisfaction, customer relationship development, timely project execution, and long-term sustainability. They prioritize safety with a "zero accident" motive.
The company's focus on operational excellence, efficient cost structure, and adherence to stringent regulatory and quality standards ensures the delivery of high-value projects. As stated by Vikran Engineering Limited, their core values include employee satisfaction, customer relationship development, timely project execution, and long-term sustainability. They prioritize safety with a "zero accident" motive.
In essence, Vikran Engineering Limited positions itself as a key player in India's infrastructure development, with a diversified portfolio, a strong project track record, and a commitment to customer satisfaction and sustainable practices
The objects of Vikran Engineering's IPO
- Funding working capital requirements of the company: ₹625.5 crores. This constitutes 70% of the fresh issue proceeds.
- General corporate purposes: The remaining funds from the fresh issue will be used for general corporate purposes, which is typically capped at not more than 25% of the gross proceeds.
Strength
Weakness
Vikran Engineering Lead Manager(s)
Vikran Engineering Address
Vikran Engineering Ltd.
401, Odyssey I.T. Park,
Road No. 9, Wagle Industrial Estate
Thane (W), Maharashtra
Thane, Maharashtra, 400604
Phone: +91-22-62638263
Email: companysecretary@vikrangroup.com
Website: https://www.vikrangroup.com/
401, Odyssey I.T. Park,
Road No. 9, Wagle Industrial Estate
Thane (W), Maharashtra
Thane, Maharashtra, 400604
Phone: +91-22-62638263
Email: companysecretary@vikrangroup.com
Website: https://www.vikrangroup.com/
Vikran Engineering Registrar
Bigshare Services Pvt Ltd
Phone:
+912262638200
Email:
Investor@bigshareonline.com
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059