Vikran Engineering Limited is all set to launch its Initial Public Offering (IPO) on August 26, 2025, and market participants are already showing keen interest. The IPO, which will remain open till August 29, 2025, comes with a price band of ₹92 to ₹97 per equity share and is expected to raise around ₹772 crore.
According to market observers, the Grey Market Premium (GMP) of Vikran Engineering IPO is trading in the positive zone, indicating a strong listing possibility. Early reports from the unlisted market suggest that the GMP is hovering in the range of ₹18–₹22 per share, which translates into an expected listing gain of nearly 18%–22% over the upper price band.
The issue structure includes a fresh issue worth ₹721 crore and an offer for sale of around 52.57 lakh equity shares. With a face value of ₹1 per share, the IPO will be listed on both BSE and NSE. The allocation quota is structured with 35% reserved for retail investors, 50% for QIBs (Qualified Institutional Buyers), and 15% for NIIs (Non-Institutional Investors).
Vikran Engineering operates in the infrastructure and engineering services domain, and with India’s rising demand for large-scale engineering projects, the company is expected to benefit from robust sectoral growth. The healthy subscription expectations, combined with strong GMP signals, are likely to keep investor sentiment upbeat throughout the IPO window.
Market analysts believe that while the GMP trend gives an initial indication of demand, investors should also evaluate the company’s financial fundamentals, order book strength, and long-term growth prospects before making a final decision.
Disclaimer: Grey Market Premium (GMP) is unofficial and not regulated by SEBI. It only reflects investor sentiment in the unlisted market and may fluctuate rapidly. This article is for informational purposes only and should not be considered investment advice. Investors are advised to consult a financial expert before applying for the IPO.