Vikran Engineering IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Vikran Engineering Limited IPO GMP

VIKRAN stands as one of the fast-growing Indian Engineering, Procurement and Construction (EPC) company, boasting a rapid growth trajectory with a targeted turnover of 500 Cr. (FY 19-20). Their extensive portfolio covers a spectrum of essential services, ranging from infrastructure projects to Power Transmission and EHV substations reaching up to 765kV. Moreover, they specialize in ensuring Power Distribution, handling every aspect from the 33/11kV Substation to the end consumer's meter connection.

Vikran Engineering, an Book Built Issue, amounting to ₹ 772.00 Crores, consisting an Fresh Issue of 7.43 Crore Shares worth ₹ 721.00 Crores and an Offer for Sale of 0.52 Crore Shares totaling to ₹ 51.00 CroresThe subscription period for the Vikran Engineering IPO opens on August 26, 2025, and closes on August 29, 2025. The allotment is expected to be finalized on or about Monday, September 01, 2025, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Wednesday, September 03, 2025.

The Share Price Band of Vikran Engineering IPO is set at ₹ 92 to ₹ 97 per equity share. The Market Capitalisation of the Vikran Engineering at IPO price of ₹ 97 per equity share will be ₹ 2,501.74 Crores. The lot size of the IPO is 148 shares. Retail investors are required to invest a minimum of ₹ 14,356 (148 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (2,072 shares), amounting to ₹ 2,00,984.

Pantomath Capital Advisors Private Limited and Systematix Corporate Services Limited are the book running lead manager of the Vikran Engineering, while Bigshare Services Private Limited is the registrar for the issue. 

Vikran Engineering Limited IPO GMP Today
The Grey Market Premium of Vikran Engineering IPO is expected to be ₹ 18 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Vikran Engineering Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 29 August, 2025, the Vikran Engineering Limited IPO live subscription status shows that the IPO subscribed 10.28 times on its Final Day of subscription period. Check the Vikran Engineering IPO Live Subscription Status Today at 
BSE.


Vikran Engineering IPO Anchor Investors Report
Vikran Engineering has raised ₹ 231.60 Crores from Anchor Investors at a price of ₹ 97 per shares in consultation of the Book Running Lead Managers. The company allocated 2,38,76,287 equity shares to the Anchor Investors. 
Check Full List of Vikran Engineering Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Vikran Engineering Limited Day Wise IPO GMP Trend

Date

IPO Price

Expected Listing Price

GMP

Last Updated 

21 August 2025 ₹ 97 ₹ 115 ₹ 18 (18.55%) 01:00 PM; 21 August 2025


Vikran Engineering Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Vikran Engineering IPO allotment date is 01 September, 2025, Monday. Vikran Engineering IPO Allotment will be out on 1st September, 2025 and will be live on Registrar Website from the allotment date. 
Check Vikran Engineering IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Vikran Engineering Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Vikran Engineering Limited IPO
Vikran Engineering to utilise the Net Proceeds towards the following objects: 
1. ₹ 5,410.00 Million is required for funding working capital requirements of the Company; and
2. General corporate purposes

Refer to Vikran Engineering Limited RHP for more details about the Company.

Services

The GST return filing process at Finance Saathi is simple, structured, and fully online:

Step Process Timeline
1 Consultation & Return Type Identification – We identify applicable returns based on your business. Same Day
2 Document Collection – You share invoices and required details digitally. 1–2 Days
3 Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. 1 Day
4 GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. 1 Day
5 Client Confirmation – Draft shared for approval before filing. Same Day
6 GST Return Filing – Returns filed on the GST portal and acknowledgment shared. Same Day

Estimated Turnaround Time: 2–4 Working Days (per return period)

The Udyam registration process at Finance Saathi is quick and completely online:

Step Process Timeline
1 Consultation – Our experts understand your business details and eligibility. Same Day
2 Document Collection – Required business and identity details collected. Same Day
3 Application Preparation – MSME registration application prepared on Udyam portal. Same Day
4 Online Submission – Application submitted on the official Udyam registration portal. Same Day
5 Verification & Processing – Government system verifies Aadhaar and PAN details. Same Day
6 Udyam Certificate Issued – MSME registration certificate generated and shared. Within 1–2 Days

Estimated Total Duration: 1–2 Working Days

The business tax filing process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Consultation – Our experts understand your business structure and tax requirements. Same Day
2 Document Collection – Financial records and tax documents collected. 1–2 Days
3 Financial Review – Analysis of income, expenses, and deductions. 1 Day
4 Tax Calculation & Return Preparation – Accurate computation and preparation of ITR form. 1 Day
5 Client Approval – Draft return shared with client for confirmation. Same Day
6 Return Filing – Business tax return filed on the Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 2–4 Working Days

The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:

Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
4 ARN Generation & Verification – Acknowledgment number generated and verified. 1 Day
5 GST Officer Review – Department may seek clarification if required. 2–3 Days
6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

The GST notice reply process at Finance Saathi is systematic and professional:

Step Process Timeline
1 Notice Review – Our experts analyze the GST notice and identify the issue. Same Day
2 Document Collection – Required invoices, returns, and records are gathered. 1–2 Days
3 Case Analysis – Detailed examination of discrepancies and legal provisions. 1 Day
4 Drafting Reply – Professional response prepared with supporting documents. 1 Day
5 Client Approval – Reply shared with client for confirmation. Same Day
6 Submission on GST Portal – Final reply submitted before deadline. Same Day

Estimated Resolution Time: 2–4 Working Days

The ICEGATE registration process at Finance Saathi is simple and completely online:

Step Process Timeline
1 Consultation – Our experts verify IEC and business details. Same Day
2 Document Collection – Required documents collected digitally. Same Day
3 Application Preparation – ICEGATE registration application prepared. 1 Day
4 Online Submission – Application submitted on ICEGATE portal. Same Day
5 Verification – Customs system verifies submitted details. 1–2 Days
6 ICEGATE Account Activation – Login credentials activated for portal access.

Estimated Total Duration: 1–3 Working Days

The GST amendment process at Finance Saathi is simple, transparent, and fully online:

Step Process Timeline
1 Consultation – Our experts understand the amendment requirement. Same Day
2 Document Collection – You share required documents digitally. 1 Day
3 Application Preparation – Amendment application prepared on GST portal. 1 Day
4 Filing GST Amendment – Submission of Form GST REG-14 online. Same Day
5 GST Officer Review – Approval required for certain amendments. 2–3 Days
6 Updated GST Certificate Issued – Amendment approved and updated in GST records.

Estimated Total Duration: 2–4 Working Days

The Income Tax notice handling process at Finance Saathi is systematic and fully online:

Step Process Timeline
1 Notice Review – Our experts analyze the notice issued by the Income Tax Department. Same Day
2 Document Collection – Required financial records and tax documents collected. 1–2 Days
3 Case Analysis – Detailed evaluation of discrepancies and legal provisions. 1 Day
4 Reply Drafting – Professional response prepared with supporting documents. 1 Day
5 Client Confirmation – Draft reply shared for approval. Same Day
6 Submission on Income Tax Portal – Final reply submitted before the deadline. Same Day

Estimated Total Duration: 2–4 Working Days

The GST revocation process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Case Review – Our experts analyze the cancellation order and eligibility for revocation. Same Day
2 Compliance Check – Verification of pending returns and tax liabilities. 1 Day
3 Document Preparation – Preparing explanation and supporting documents. 1 Day
4 Revocation Application Filing – Submission of Form GST REG-21 on the GST portal. 1 Day
5 GST Officer Review – Department reviews the application and may request clarification. 2–3 Days
6 GSTIN Reactivation – GST registration restored after approval.

Estimated Total Duration: 3–7 Working Days

The Income Tax Return filing process at Finance Saathi is simple and completely online:

Step Process Timeline
1 Consultation – Our experts understand your income sources and tax requirements. Same Day
2 Document Collection – Required documents and income details collected. Same Day
3 Tax Calculation – Accurate computation of income, deductions, and tax liability. 1 Day
4 ITR Preparation – Preparation of the appropriate ITR form. 1 Day
5 Client Approval – Return shared with client for confirmation. Same Day
6 ITR Filing & Acknowledgment – Return filed on Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 1–2 Working Days

The GST return filing process at Finance Saathi is simple, structured, and fully online:

Step Process Timeline
1 Consultation & Return Type Identification – We identify applicable returns based on your business. Same Day
2 Document Collection – You share invoices and required details digitally. 1–2 Days
3 Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. 1 Day
4 GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. 1 Day
5 Client Confirmation – Draft shared for approval before filing. Same Day
6 GST Return Filing – Returns filed on the GST portal and acknowledgment shared. Same Day

Estimated Turnaround Time: 2–4 Working Days (per return period)

The IEC registration process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Consultation – Our experts understand your import/export business requirements. Same Day
2 Document Collection – Required documents and business details collected. Same Day
3 Application Preparation – IEC registration application prepared on DGFT portal. 1 Day
4 Online Submission – Application filed on the DGFT website. Same Day
5 Verification & Processing – DGFT verifies application details. 1–2 Days
6 IEC Certificate Issued – Import Export Code generated and delivered via email.

Estimated Total Duration: 1–3 Working Days

Services

The GST notice reply process at Finance Saathi is systematic and professional:

Step Process Timeline
1 Notice Review – Our experts analyze the GST notice and identify the issue. Same Day
2 Document Collection – Required invoices, returns, and records are gathered. 1–2 Days
3 Case Analysis – Detailed examination of discrepancies and legal provisions. 1 Day
4 Drafting Reply – Professional response prepared with supporting documents. 1 Day
5 Client Approval – Reply shared with client for confirmation. Same Day
6 Submission on GST Portal – Final reply submitted before deadline. Same Day

Estimated Resolution Time: 2–4 Working Days

The ICEGATE registration process at Finance Saathi is simple and completely online:

Step Process Timeline
1 Consultation – Our experts verify IEC and business details. Same Day
2 Document Collection – Required documents collected digitally. Same Day
3 Application Preparation – ICEGATE registration application prepared. 1 Day
4 Online Submission – Application submitted on ICEGATE portal. Same Day
5 Verification – Customs system verifies submitted details. 1–2 Days
6 ICEGATE Account Activation – Login credentials activated for portal access.

Estimated Total Duration: 1–3 Working Days

The business tax filing process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Consultation – Our experts understand your business structure and tax requirements. Same Day
2 Document Collection – Financial records and tax documents collected. 1–2 Days
3 Financial Review – Analysis of income, expenses, and deductions. 1 Day
4 Tax Calculation & Return Preparation – Accurate computation and preparation of ITR form. 1 Day
5 Client Approval – Draft return shared with client for confirmation. Same Day
6 Return Filing – Business tax return filed on the Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 2–4 Working Days

The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:

Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
4 ARN Generation & Verification – Acknowledgment number generated and verified. 1 Day
5 GST Officer Review – Department may seek clarification if required. 2–3 Days
6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

The GST return filing process at Finance Saathi is simple, structured, and fully online:

Step Process Timeline
1 Consultation & Return Type Identification – We identify applicable returns based on your business. Same Day
2 Document Collection – You share invoices and required details digitally. 1–2 Days
3 Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. 1 Day
4 GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. 1 Day
5 Client Confirmation – Draft shared for approval before filing. Same Day
6 GST Return Filing – Returns filed on the GST portal and acknowledgment shared. Same Day

Estimated Turnaround Time: 2–4 Working Days (per return period)

The GST return filing process at Finance Saathi is simple, structured, and fully online:

Step Process Timeline
1 Consultation & Return Type Identification – We identify applicable returns based on your business. Same Day
2 Document Collection – You share invoices and required details digitally. 1–2 Days
3 Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. 1 Day
4 GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. 1 Day
5 Client Confirmation – Draft shared for approval before filing. Same Day
6 GST Return Filing – Returns filed on the GST portal and acknowledgment shared. Same Day

Estimated Turnaround Time: 2–4 Working Days (per return period)

The GST amendment process at Finance Saathi is simple, transparent, and fully online:

Step Process Timeline
1 Consultation – Our experts understand the amendment requirement. Same Day
2 Document Collection – You share required documents digitally. 1 Day
3 Application Preparation – Amendment application prepared on GST portal. 1 Day
4 Filing GST Amendment – Submission of Form GST REG-14 online. Same Day
5 GST Officer Review – Approval required for certain amendments. 2–3 Days
6 Updated GST Certificate Issued – Amendment approved and updated in GST records.

Estimated Total Duration: 2–4 Working Days

The IEC registration process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Consultation – Our experts understand your import/export business requirements. Same Day
2 Document Collection – Required documents and business details collected. Same Day
3 Application Preparation – IEC registration application prepared on DGFT portal. 1 Day
4 Online Submission – Application filed on the DGFT website. Same Day
5 Verification & Processing – DGFT verifies application details. 1–2 Days
6 IEC Certificate Issued – Import Export Code generated and delivered via email.

Estimated Total Duration: 1–3 Working Days

The GST revocation process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Case Review – Our experts analyze the cancellation order and eligibility for revocation. Same Day
2 Compliance Check – Verification of pending returns and tax liabilities. 1 Day
3 Document Preparation – Preparing explanation and supporting documents. 1 Day
4 Revocation Application Filing – Submission of Form GST REG-21 on the GST portal. 1 Day
5 GST Officer Review – Department reviews the application and may request clarification. 2–3 Days
6 GSTIN Reactivation – GST registration restored after approval.

Estimated Total Duration: 3–7 Working Days

The Income Tax Return filing process at Finance Saathi is simple and completely online:

Step Process Timeline
1 Consultation – Our experts understand your income sources and tax requirements. Same Day
2 Document Collection – Required documents and income details collected. Same Day
3 Tax Calculation – Accurate computation of income, deductions, and tax liability. 1 Day
4 ITR Preparation – Preparation of the appropriate ITR form. 1 Day
5 Client Approval – Return shared with client for confirmation. Same Day
6 ITR Filing & Acknowledgment – Return filed on Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 1–2 Working Days

The Income Tax notice handling process at Finance Saathi is systematic and fully online:

Step Process Timeline
1 Notice Review – Our experts analyze the notice issued by the Income Tax Department. Same Day
2 Document Collection – Required financial records and tax documents collected. 1–2 Days
3 Case Analysis – Detailed evaluation of discrepancies and legal provisions. 1 Day
4 Reply Drafting – Professional response prepared with supporting documents. 1 Day
5 Client Confirmation – Draft reply shared for approval. Same Day
6 Submission on Income Tax Portal – Final reply submitted before the deadline. Same Day

Estimated Total Duration: 2–4 Working Days

The Udyam registration process at Finance Saathi is quick and completely online:

Step Process Timeline
1 Consultation – Our experts understand your business details and eligibility. Same Day
2 Document Collection – Required business and identity details collected. Same Day
3 Application Preparation – MSME registration application prepared on Udyam portal. Same Day
4 Online Submission – Application submitted on the official Udyam registration portal. Same Day
5 Verification & Processing – Government system verifies Aadhaar and PAN details. Same Day
6 Udyam Certificate Issued – MSME registration certificate generated and shared. Within 1–2 Days

Estimated Total Duration: 1–2 Working Days

onlyfans leakedonlyfan leaksonlyfans leaked videos