Vikran Engineering IPO Allotment Status

Vikran Engineering Limited is an Engineering, Procurement, and Construction company specializing in power transmission and distribution, water infrastructure, railway infrastructure, and solar energy projects, incorporated in 2008. The company operates as one of the fast-growing EPC companies with 761 permanent employees as of June 30, 2025, having completed 45 projects across 14 states with total executed contract value of ₹1,919.92 crore and maintaining 44 ongoing projects across 16 states with orders aggregating ₹5,120.21 crore and order book of ₹2,442.44 crore, serving government clients including NTPC Limited, Power Grid Corporation of India Limited, and various state power distribution companies.

The Vikran Engineering IPO came with a total issue size of ₹772.00 crore, comprising a fresh issue of 7.43 crore shares aggregating to ₹721.00 crore and offer for sale of 0.53 crore shares aggregating to ₹51.00 crore. The IPO opened on August 26, 2025, and closed on August 29, 2025. The allotment for the Vikran Engineering IPO is expected to be finalized on Monday, September 1, 2025. The Vikran Engineering IPO share price band was set at ₹92 to ₹97 per share.

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Steps to Check Vikran Engineering IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt.Ltd. website
• Select "Vikran Engineering" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Vikran Engineering IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Vikran Engineering" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Vikran Engineering IPO Subscription Status

Vikran Engineering IPO received excellent investor interest, being subscribed 24.87 times overall. The subscription showed strong confidence across categories in the Vikran Engineering IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:34 PM on August 29, 2025:

• Non-Institutional Investors (NII): 61.77 times.
• QIB Category: 20.51 times.

Vikran Engineering IPO Share Price and Investment Details

The Vikran Engineering IPO stock price band was set at ₹92 to ₹97 per share with a minimum lot size of 148 shares. The minimum investment required for retail investors was ₹14,356 for 1 lot (148 shares). The issue included up to 2,38,76,287 shares allocated to anchor investors raising ₹231.60 crore. Given the excellent subscription response of 24.87 times overall, with QIB category showing strong response at 20.51 times and NII demonstrating exceptional response at 61.77 times, the Vikran Engineering IPO share price is expected to list with strong to excellent premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Funding working capital requirements of the Company: ₹541.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

Vikran Engineering Limited is a diversified EPC company providing comprehensive solutions across power transmission and distribution specializing in extra-high voltage substations up to 400kV, water infrastructure including underground water distribution and surface water extraction, railway infrastructure projects, and expanding solar energy EPC services. The company maintains asset-light model with in-house technical and engineering capabilities, process control and quality assurance, supported by experienced promoters and management team with domain knowledge and consistent financial performance. With diversified order book across business verticals and timely execution capabilities, the company serves government sector clients while maintaining strong growth trajectory with 32.17% CAGR revenue growth, demonstrating comprehensive end-to-end services across multiple infrastructure sectors throughout India's power transmission, water distribution, and renewable energy development landscape.