Vikran Engineering Share Price: Stock Market Debut with Over 2% Premium on NSE and BSE

Market Performance

Vikran Engineering stepped into the stock market on September 3, 2025, with its listing drawing keen attention from both investors and traders. The shares opened on a positive note, registering gains over the IPO issue price.

• NSE Listing Price: ₹99 per share, a little over 2% premium to the IPO price of ₹97.
• BSE Listing Price: ₹99.70 per share, reflecting nearly 3% premium.
• Market Capitalization at Debut: Around ₹2,600 crore, based on BSE data.

The stock’s debut performance highlighted strong initial demand, though the premium remained modest compared to some high-profile listings.

Main News

Vikran Engineering’s initial public offering (IPO) had already built momentum before its listing. The ₹772-crore IPO attracted strong investor interest, with subscription levels going far beyond expectations. The listing day reflected this enthusiasm, as shares opened higher than the issue price.

Company Details

Vikran Engineering is a Mumbai-based company offering end-to-end engineering and construction services. Its expertise covers a wide range of solutions delivered on a turnkey basis, including:

• Conceptualisation
• Design
• Supply
• Installation
• Testing
• Commissioning

The company’s operations span across infrastructure and renewable energy projects, positioning it as a vital player in India’s rapidly growing construction and energy ecosystem.

Financial Snapshot of the IPO

The IPO structure and proceeds allocation reveal how the company plans to strengthen its financial and operational base.

• IPO Size: ₹772 crore
• Price Band: ₹92–₹97 per share
• Subscription Period: August 26–29, 2025
• Total Subscription: More than 24 times the offered shares
• Fresh Issue Allocation:
  • ₹541 crore for working capital requirements
  • Balance amount for general corporate purposes

This fund utilization strategy indicates a focus on operational expansion and financial flexibility.

Summary

The Vikran Engineering share price debut on stock exchanges marks a significant milestone for the company. With a market capitalization of nearly ₹2,600 crore at listing, the IPO’s strong subscription and positive opening highlight the growing confidence in India’s infrastructure and renewable energy sectors.

While the premium on debut was modest, the successful listing reflects sustained investor interest in companies that play a critical role in nation-building projects.