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Home > Business > Vikran Engineering IPO Day 2: NIIs Rushing In, Should You Follow The Crowd Or Stay Careful?

Vikran Engineering IPO Day 2: NIIs Rushing In, Should You Follow The Crowd Or Stay Careful?

Vikran Engineering Limited has opened its public offer for subscription on Aug 26, 2025 and will close on Aug 29, 2025. The company’s objectives behind this IPO is to raise around ₹772 crore, including an amalgamation of a fresh issue and an offer for sale (OFS).

Published By: Ankur Mishra
Published: August 28, 2025 15:50:52 IST

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Vikran Engineering Limited’s initial public offer was opened on Aug 26, 2025. The IPO will close tomorrow, Aug 29, 2025. The objective of the company is to raise around ₹772 crore, together with an integration of a fresh issue along with an offer for sale (OFS).

Vikran Engineering Limited: IPO Details at a Glance

• IPO Opening Date: Aug 26, 2025

• IPO Closing Date: Aug 29, 2025

• Issue Type: 100% Book Building

• Total Issue Size: ₹772 crore

• Fresh Issue: ₹721 crore

• Offer for Sale (OFS): ₹51 crore

• Price Band: ₹92 ₹97

• Lot Size: 148 equity shares

• Min. Retail Investment: around ₹13,616

• Listing At: BSE & NSE

• Registrar: Bigshare Services Private Limited

Vikran Engineering Limited IPO: Important IPO Dates

• Anchor Investor Bidding: Aug 27, 2025

• Finalisation of Basis of Allotment: Sep 01, 2025

• Initiation of Refunds / Credit to Demat: Sep 02, 2025

• Expected Listing Date: Sep 03, 2025

Vikran Engineering Limited IPO is 4.54 times subscribed. The segment-wise consolidated investors participation are as follows:

• Total Subscription: 4.54x

• Retail Investors: 4.71x

• Qualified Institutional Buyers (QIBs): 0.68x

• NIIs Subscription: 9.31x

(Subscription Data Today: Aug 28, 2025 | 03:34 PM)

Vikran Engineering Limited: Company Overview

Vikran Engineering Ltd., a Maharashtra based company founded in 2008. The company is into engineering, procurement & construction (EPC) and functions across key infrastructure sectors, power transmission and distribution, water infrastructure, railway infrastructure, and solar EPC. It provides end to end services, including conceptualisation, design, supply, installation, testing, and commissioning.

(Disclaimer: The above article is only for the purpose of information. It does not constitute financial guidance in any form(s). Investors here are suggested to carefully review the prospectus and refer to a registered financial advisor or certified investment professional before they finalise any investment. Similarly, past performances are not an indication of future outcomes. Investments are subject to market risks.)

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