The Vikran Engineering IPO is creating strong buzz in the stock market as investors closely watch the Grey Market Premium (GMP). The IPO, with a significant issue size, is attracting attention due to its promising fundamentals and solid anchor backing.
Vikran Engineering IPO Highlights
1. Price Band and Issue Size
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Price Band: ₹92 – ₹97 per share
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Total Issue Size: Around ₹772 crore, including ₹721 crore as fresh issue and ₹51 crore as offer for sale.
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Lot Size: Retail investors can bid for a minimum of one lot containing 150 shares.
2. Grey Market Premium (GMP) Update
The GMP (Grey Market Premium) for Vikran Engineering IPO is currently hovering around ₹17, indicating nearly 17% listing gains over the upper price band. Earlier, the GMP touched ₹22, reflecting strong early interest among traders.
This trend shows positive sentiment in the market, suggesting that the IPO could witness good demand during the subscription period.
3. Important IPO Dates
| Event | Date |
|---|---|
| IPO Opens | August 26, 2025 |
| IPO Closes | August 29, 2025 |
| Allotment Date | September 1, 2025 |
| Refunds & Credit to Demat | September 2, 2025 |
| Listing Date | September 3, 2025 |
4. Use of Funds
The net proceeds from the IPO will be used for:
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Funding working capital requirements.
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General corporate purposes.
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Strengthening the company’s operational capabilities.
5. Anchor Investor Support
Before the subscription opened, Vikran Engineering raised substantial funds from anchor investors, showing strong institutional confidence. This early participation signals that the IPO is likely to see strong oversubscription across retail and institutional segments.
Company Overview
Vikran Engineering is engaged in infrastructure and engineering solutions across multiple sectors including power, water management, and railways. Its diversified portfolio, asset-light model, and steady revenue growth over the last few years make it an attractive choice for investors seeking mid-cap growth opportunities.
Strengths
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Strong order book across multiple sectors.
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Consistent financial growth with healthy profit margins.
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Asset-light business model leading to better operational efficiency.
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Positive market sentiment supported by a solid GMP.
Risks to Watch
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Heavy reliance on government projects.
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Working capital intensive operations.
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Execution delays due to regulatory or logistical challenges.
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High competition in the engineering and infrastructure space.
Investor Sentiment
The combination of a steady GMP, robust fundamentals, and anchor investor backing indicates that Vikran Engineering IPO is positioned for a positive market debut. Long-term investors may find this a promising opportunity, while short-term traders could also benefit from potential listing gains.
Conclusion
The Vikran Engineering IPO GMP is showing stable performance, signaling confidence among market participants. With a strong financial base, diversified operations, and positive market cues, this IPO is expected to see healthy demand during its subscription window and may deliver good returns upon listing.
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