Vikran Engineering IPO Day 1: GMP, subscription status to review. Apply or not for this IPO in Ashis Kacholia?
Vikran Engineering IPO: The Initial Public Offer (IPO) of Ace investor Ashish Kacholia and Mukul Agrawal company Vikran Engineering Limited hit the Indian primary market today. The public edition will remain open until August 29, 2025. The company declared the Vikran Engineering IPO price tire at £ 92 to £ 97 a share share. The engineering company aims to raise £ 772 through this exchange trading, £ 721 is expected by the issuance of fresh shares. The remaining £ 51 crore is reserved for the offer for sale (OFS) route. Vikran Engineering IPO is suggested for listing on the BSE and the NSE. Meanwhile, shares of the Ashish Kacholia and Mukul engineering are available before the date of the Vikran engineering and Mukul businesses in the Gray market. According to market observers, shares of the business are available today at a £ 17 premium in the Gray Market. This means that the IPO GMP of Vikran Engineering is £ 17 today, indicating an 18% condition for investors. Vikran Engineering IPO subscription status pray for the Vikran Engineering IPO starts today at 10:00 am. On trade days, ie, 26, 28 and 29 August 2025, bidders can apply from 10:00 to 17:00. Vikran Engineering IPO details 1]Vikran Engineering IPO GMP Today: According to market observers, the shares of the business are available today at a £ 17 premium in the gray market. 2]Vikran Engineering IPO Date: Offer for the IPO has been opened today and will remain open until August 29, 2025. 4]Vikran Engineering IPO size: The engineering company intends to raise £ 772 through this bursary trading, from which £ 721 is expected by the release of fresh shares. The remaining £ 51 crore is reserved for the OFS route. 5]Vikran Engineering IPO -Lot size: A bidder may apply in lots, and one fate of the public edition consists of 148 company shares. 6]Vikran Engineering IPO AT ATTENTION DATE: The most likely date for the award of shares is August 30, 2025. In the event of a delay as a result of Saturday, the granting of shares will be completed on Monday 1 September 2025. 7]Vikran Engineering IPO registrar: Bigshare Services Private Limited has been appointed as the official registrar of the public issue. 8]Vikran Engineering IPO General Managers: Pantomath Capital Advisors and Systematix Corporate Services have appointed public issue general managers. 9]Vikran Engineering IPO list Date: The most likely date for stock list is September 3, 2025. Vikran Engineering IPO: Application or not? 10]Vikran Engineering IPO Review: Whether or not one should apply for the bursary trading, Shivani Nyati, head of wealth at Swastika Investmart, said: “Vikran engineering is one of the fastest growing Indian EPC players, which has a 32.17 income. Regarded periods. of more than £ 2.442 crore. Bursary trading, Anshou Jain, head of research at Lakshmishree Investment, said: “With a proven record of successful execution of projects for prominent government and public sector clients, an established management team that uses a high-growth sector, Vikran Engineering Limited is a good position for long-term scale. Adroit Financial Services, Arihant Capital Markets, Asit C Mehta, AUM Capital, BP Equities and Canara Bank Securities also awarded a ‘Subscription’ label to the public edition. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.