Vikran Engineering limited is issuing ₹772 crore worth new shares ,Here’s a details
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Vikran Engineering limited is issuing fresh 7.43 crore new shares worth₹ 772 crore on August 26,2025.
See what are the details about this IPO:
Company will issue IPO from 26 August 2025 and the closing date is 29 August 2025.
The price band is ₹ 92-₹97 per share.
Allotment date is 1september 2025.
Lot size is 148 shares so according to this a minimum investment should be ₹13,616.
Minimum retail application requires ₹13616.
Let’s see key financial updates of company :
Sales of company is frequently increasing .This is a good sign for company to attract big investors.
In last 3 years, company’s PAT in FY23 ₹42.8cr rose to ₹78cr in FY25 . Revenue also increase from ₹529cr in FY23 to ₹922cr in FY25
ROE is 26.7% and ROCE is 34.5% which is good .
PE ratio is 32.2 which is more than industrial PE ratio but it is also compare to peer competition .
The increasing profit growth ,revenue and good rise in sales will surely help to attract retail and institutional investors . Mark your calendar on Aug 26 -Aug29.