{"id":20806,"date":"2025-08-27T06:34:22","date_gmt":"2025-08-27T06:34:22","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=ipo&#038;p=20806"},"modified":"2025-08-27T06:34:22","modified_gmt":"2025-08-27T06:34:22","slug":"vikran-engineering-ltd-ipo-day-1","status":"publish","type":"ipo","link":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/","title":{"rendered":"Vikran Engineering Ltd. IPO Day 1: GMP &amp; Subscription Status"},"content":{"rendered":"\n<p>Vikran Engineering Ltd.\u2019s IPO is a book-built issue worth \u20b9772 crore, comprising a fresh issue of \u20b9721 crore and an offer-for-sale of \u20b951 crore. The price band is set at \u20b992\u2013\u20b997 per share. Bidding opens on August 26, 2025, and closes on August 29, 2025. The shares are expected to be listed on BSE &amp; NSE on September 3, 2025.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Vikran_Engineering_IPO_%E2%80%93_Day_1_Subscription_Status\" title=\"Vikran Engineering IPO \u2013 Day 1 Subscription Status\">Vikran Engineering IPO \u2013 Day 1 Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Objective_of_the_Vikran_Engineering_IPO\" title=\"Objective of the Vikran Engineering IPO\">Objective of the Vikran Engineering IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Vikran_Engineering_IPO_GMP_%E2%80%93_Day_1_Update\" title=\"Vikran\u00a0 Engineering IPO GMP \u2013 Day 1 Update\">Vikran\u00a0 Engineering IPO GMP \u2013 Day 1 Update<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Vikran_Engineering_Ltd_IPO_%E2%80%93_Key_Details\" title=\"Vikran Engineering Ltd. IPO \u2013 Key Details\">Vikran Engineering Ltd. IPO \u2013 Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Important_Dates_for_Vikran_Engineering_IPO_Allotment\" title=\"Important Dates for Vikran\u00a0 Engineering IPO Allotment\">Important Dates for Vikran\u00a0 Engineering IPO Allotment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Vikran_Engineering_Ltd_Overview\" title=\"Vikran Engineering Ltd. Overview\">Vikran Engineering Ltd. Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Easy_Steps_to_Apply_for_Vikran_Engineering_IPO_via_Pocketful\" title=\"Easy Steps to Apply for Vikran\u00a0 Engineering IPO via Pocketful\">Easy Steps to Apply for Vikran\u00a0 Engineering IPO via Pocketful<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/vikran-engineering-ltd-ipo-day-1\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-vikran-engineering-ipo-day-1-subscription-status\"><span class=\"ez-toc-section\" id=\"Vikran_Engineering_IPO_%E2%80%93_Day_1_Subscription_Status\"><\/span>Vikran Engineering IPO \u2013 Day 1 Subscription Status<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Vikran Engineering IPO was subscribed 2.51\u00d7 on Day 1. The public issue received 2.44\u00d7 subscription in the Retail Individual Investors (RII) category, 0.43\u00d7 in Qualified Institutional Buyers, and 5.43\u00d7 in the Non-Institutional Investors (NII) category as of Day 1, i.e., August 26, 2025.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Investors Category<\/th><th class=\"has-text-align-center\" data-align=\"center\">Subscription (\u00d7)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Qualified Institutional Buyers (QIB)<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.43<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Non-Institutional Investors (NII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.43<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">bNII (above \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.76<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">sNII (less than \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">4.78<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Retail Individual Investors (RII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.44<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Subscriptions<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>2.51<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Total Applications:<\/strong> 3,91,425<br><strong>Total Bid Amount:<\/strong> \u20b91,356 Cr.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-objective-of-the-vikran-engineering-ipo\"><span class=\"ez-toc-section\" id=\"Objective_of_the_Vikran_Engineering_IPO\"><\/span>Objective of the Vikran Engineering IPO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Vikran Engineering plans to channel the IPO proceeds towards strengthening its working capital, giving the company the financial flexibility to power daily operations and future growth, while also setting aside funds for general corporate purposes.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Objects of the Issue<\/th><th class=\"has-text-align-center\" data-align=\"center\">Expected Amount (\u20b9 in crores)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Funding working capital requirements of the Company<\/td><td class=\"has-text-align-center\" data-align=\"center\">541.00<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">General corporate purposes<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2013<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vikran-engineering-ipo-gmp-day-1-update\"><span class=\"ez-toc-section\" id=\"Vikran_Engineering_IPO_GMP_%E2%80%93_Day_1_Update\"><\/span>Vikran\u00a0 Engineering IPO GMP \u2013 Day 1 Update<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Date<\/th><th class=\"has-text-align-center\" data-align=\"center\">GMP\u00a0<\/th><th class=\"has-text-align-center\" data-align=\"center\">Est. Listing Price\u00a0<\/th><th class=\"has-text-align-center\" data-align=\"center\">Gain\u00a0<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">August 26, 2025 (Day 1)<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b912<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9109<\/td><td class=\"has-text-align-center\" data-align=\"center\">12.37%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong><em>Disclaimer:<\/em><\/strong><em> The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor\u2019s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vikran-engineering-ltd-ipo-key-details\"><span class=\"ez-toc-section\" id=\"Vikran_Engineering_Ltd_IPO_%E2%80%93_Key_Details\"><\/span>Vikran Engineering Ltd. IPO \u2013 Key Details<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-left\" data-align=\"left\">Details<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Opening Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">August 26, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Closing Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">August 29, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Price Band<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b992\u2013\u20b997 per share<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Issue Size<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b9772 crore (Fresh: \u20b9721 Cr; OFS: \u20b951 Cr)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Lot Size<\/td><td class=\"has-text-align-left\" data-align=\"left\">148 shares<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Platform<\/td><td class=\"has-text-align-left\" data-align=\"left\">BSE &amp; NSE<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Registrar<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bigshare Services Pvt. Ltd.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-important-dates-for-vikran-engineering-ipo-allotment\"><span class=\"ez-toc-section\" id=\"Important_Dates_for_Vikran_Engineering_IPO_Allotment\"><\/span>Important Dates for Vikran\u00a0 Engineering IPO Allotment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Event<\/th><th class=\"has-text-align-center\" data-align=\"center\">Date<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Tentative Allotment<\/td><td class=\"has-text-align-center\" data-align=\"center\">September 1, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Initiation of Refunds<\/td><td class=\"has-text-align-center\" data-align=\"center\">September 2, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Credit of Shares to Demat<\/td><td class=\"has-text-align-center\" data-align=\"center\">September 2, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Date on BSE &amp; NSE<\/td><td class=\"has-text-align-center\" data-align=\"center\">September 3, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vikran-engineering-ltd-overview\"><span class=\"ez-toc-section\" id=\"Vikran_Engineering_Ltd_Overview\"><\/span>Vikran Engineering Ltd. Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Vikran Engineering Ltd., incorporated in 2008, is a growing EPC company with expertise in power, water, railways, and solar projects. It has completed 45 projects across 14 states and is executing 44 ongoing projects worth over \u20b951,202 million. Key clients include NTPC, Power Grid Corporation, and various state utilities. With a diversified order book of \u20b924,424 million and 761 employees, the company ensures quality and timely delivery. Financially, it reported 17% revenue growth and 4% PAT rise in FY25.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-easy-steps-to-apply-for-vikran-engineering-ipo-via-pocketful\"><span class=\"ez-toc-section\" id=\"Easy_Steps_to_Apply_for_Vikran_Engineering_IPO_via_Pocketful\"><\/span>Easy Steps to Apply for Vikran\u00a0 Engineering IPO via <a href=\"https:\/\/web.pocketful.in\/new-user\">Pocketful<\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Step 1:<\/strong> Install the Pocketful app from <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.pocketful.android&amp;hl=en_IN\">Play Store<\/a> or <a href=\"https:\/\/apps.apple.com\/in\/app\/pocketful-share-market-app\/id6503890518\">App Store<\/a>.<br><strong>Step 2:<\/strong> Complete your KYC process.<br><strong>Step 3:<\/strong> Go to the IPO section on the app.<br><strong>Step 4:<\/strong> Find \u201cVikran&nbsp; Engineering\u201d in the IPO list.<br><strong>Step 5:<\/strong> Tap Apply and enter your bid details.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What are the opening and closing dates of Vikran Engineering IPO?<\/h3><p class=\"saswp-faq-answer-text\">Opens August 26, 2025, and closes August 29, 2025.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the price band for the IPO?<\/h3><p class=\"saswp-faq-answer-text\">Price range is \u20b992\u2013\u20b997 per share.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the total issue size of the IPO?<\/h3><p class=\"saswp-faq-answer-text\">Total issue size is \u20b9772 crore (Fresh: \u20b9721 Cr; OFS: \u20b951 Cr).<\/p><li style=\"list-style-type: none\"><h3 class=\"\">When will the shares be listed?<\/h3><p class=\"saswp-faq-answer-text\">Listing expected on September 3, 2025, on BSE &amp; NSE.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What are the IPO objectives?<\/h3><p class=\"saswp-faq-answer-text\">Proceeds will fund working capital and general corporate needs.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Vikran Engineering Ltd.\u2019s IPO is a book-built issue worth \u20b9772 crore, comprising a fresh issue of \u20b9721 crore and an offer-for-sale of \u20b951 crore. The price band is set at \u20b992\u2013\u20b997 per share. Bidding opens on August 26, 2025, and closes on August 29, 2025. The shares are expected to be listed on BSE &amp; [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":20812,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[183],"class_list":["post-20806","ipo","type-ipo","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vikran Engineering Ltd. IPO Day 1: GMP &amp; Subscription Status<\/title>\n<meta name=\"description\" content=\"Track Vikran Engineering IPO subscription, GMP, objectives, allotment, and key dates. 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