Vikran Engineering IPO Makes Modest Debut After 24.87x Subscription — Raises ₹772 Crore
Update: 2025-09-03 12:57 IST
Tata Capital IPO Listing Price, Key Risks & Investor Analysis | October 2025
Vikran Engineering shares listed slightly higher than the issue price on September 3, 2025. The IPO got strong demand, with 24.87 times subscription. The company raised ₹772 crore and works on large engineering projects like power, water, and railways.
Vikran Engineering listed on the stock exchange on September 3, 2025.
On NSE, it opened at ₹99 (just 2.06% higher than issue price ₹97).
On BSE, it opened at ₹99.70 (2.78% higher).
IPO Subscription
- The IPO was very popular with investors.
- Total subscription: 24.87 times
- Retail investors: 11.56 times
- Non-institutional investors: 61.77 times
- Big financial institutions (QIBs): 20.51 times
IPO Details
- Total money raised: ₹772 crore
- Fresh shares: ₹721 crore
- Shares for sale: ₹51 crore
- Price range: ₹92 – ₹97 per share
- Minimum investment: ₹13,616 (for 1 lot of 1,200 shares)