Vikran Engineering IPO Day 1 Live: Vikran Engineering IPO opens on August 26 for subscription, with a price tire of £ 92 to £ 97. The IPO aims to raise £ 721 crore for working capital, and shares are expected to list on BSE and NSE on September 3. Vikran Engineering IPO will be opened on Tuesday, August 26 and closed on Friday 29 August. (Company website) Vikran Engineering IPO Day 1 Live: Vikran Engineering, an Infrastucture EPC firm, will start with the subscription period on August 26. Engineering IPO Price Band is established at £ 92-97 per share. Vikran Engineering IPO consists of a new issue of shares estimated at about 721 crore and an offer-for-selling division worth £ 51 by the promoter. The Mumbai company plans to use the returns from the new expense, amounting to £ 541, to finance working capital needs, with the rest allocated for general corporate uses. Vikran Engineering is recognized as one of the rapidly growing Indian engineering, procurement and construction companies (EPC), which provides comprehensive services of conceptualization and design to the supply, installation, testing and commissioning on a key base. Pantomath Capital Advisors and Systematix Corporate Services serve as general managers for the book-running process, while Bigshare Services is appointed as the registrar of the issue. (Stay tuned for more updates) 26 Aug 2025, 08:36:47 AM IST Vikran Engineering IPO Day 1 Live: IPO Review “With a constant record of executing large-scale projects, along with the asset model for the market government and the public sector and the presence of Pan India, Vikran Engineering Limited. Know a ‘Subscribe for Long Term’ rating for the IPO, ‘says Broker House, Anand Rathi Research. Non -Institutional Institutional Investors (NII), and no less than 35% of the offer for retail investors. refunded, while the shares are credited on the same day after the refund. Anchor investors announced just a day before it is for the sale of subscriptic. set out in a circular placed on the BSE website. Live: Here’s what GMP signals on the first prayer day Vikran Engineering IPO GMP today or Gray Market Premium is +21. The estimated listing price of Vikran Engineering share price indicated at £ 118, which is 21.65% higher than the £ 97 IPO price. By analyzing the past nine sessions of gray market activities, the current IPO GMP shows an upward trend and is expected to have a robust list. GMP stands on £ 21.00, according to the experts at Investgain.com. Investment decision.
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