Mumbai, Aug 26, 2025 Engineering-procurement-construction (EPC) specialist Vikran Engineering IPO is creating strong market buzz as it opens for public subscription today, August 26. The issue, priced in the range of ₹92–₹97 per share, has already drawn significant investor attention, with the subscription window set to close on August 29.
Ahead of the launch, the company raised over ₹230 crore from anchor investors, reflecting strong institutional confidence. Early grey market trends are also positive, with premiums hovering around 17–21%, suggesting the potential for a robust stock market debut.
On Day 1, the IPO witnessed strong traction, with retail and non-institutional investors leading the charge. The issue was nearly fully subscribed within hours of opening, highlighting the strong appetite for the company’s growth story.
Vikran Engineering, established in 2008, provides EPC services across multiple sectors including power, water, railways, and solar projects. The company reported revenue of ₹916 crore and profit after tax of ₹78 crore for FY25. Proceeds from the IPO will be directed towards working capital requirements and other general corporate purposes.
Analysts tracking the issue have expressed a positive view, citing the company’s healthy order book, asset-light business model, and opportunities arising from government infrastructure initiatives. Many brokerages have recommended a “Subscribe” rating, particularly for long-term investors looking to ride the infrastructure growth wave.
Why It Matters:
- Strong investor demand reflects faith in the company’s fundamentals.
- Positive grey market premium indicates strong listing prospects.
- Anchor support provides added credibility.
- Analysts’ views point towards long-term growth potential.
Risk Disclaimer:
This article is for informational and educational purposes only. It does not constitute financial advice. Investors should conduct their own research and consult certified financial professionals before making investment decisions. Market investments involve risks, including possible loss of capital.
