Vikran Engineering Share Price Rallies 2% on Listing Day

Vikran Engineering IPO opened for subscription on Aug 26, 2025, and ended on Aug 29, 2025. 

It was a book-building issue of ₹772.00 crore. The issue is a combination of 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 Vikran Engineering IPO price band was set at ₹97 per share. 

The Vikran Engineering IPO received an overall subscription of 24.87 times by August 29, 2025, 5:04:34 PM (Day 3). It was subscribed 11.56 times in the retail category, 20.51 times in the QIB (excluding anchor investors), and 61.77 times in the NII category.

The share allotment was finalised on Sep 1, 2025, and the shares were listed on BSE and NSE on Wednesday, Sep 3, 2025.

Vikran Engineering Share Price

On the listing day, on the NSE, Vikran Engineering share price (NSE: VIKRAN) opened at ₹99.00, up from its issue price of ₹97.00. At 10:28 AM, the share price was trading at ₹99.28, up by 2.33% from its issue price and up by 0.28% from its opening price. As of the same time, the stock touched its day’s high at ₹101.39. The company’s market cap was ₹2,559.25 crore. 

On the BSE, at 10:28 AM, Vikran Engineering share price was trading at ₹99.19, down by 0.51% from its opening price of ₹99.70 and 2.26% up from its issue price of ₹97.00.

About Vikran Engineering Limited

Founded in 2008, Vikran Engineering Limited operates as an Engineering, Procurement, and Construction (EPC) firm. Its portfolio of projects covers underground water distribution, surface water extraction, overhead tanks, and distribution networks.

Also Read: Upcoming IPOs in September 2025!

Conclusion

Vikran Engineering made a steady debut on the stock exchanges, with both NSE and BSE showing modest gains over the issue price, reflecting stable investor sentiment.

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