Vikran Engineering IPO last GMP stands at ₹18, updated on August 23, 2025, at 09:32 PM. Considering the price band of ₹97 per share, the estimated listing price is around ₹115 (cap price + today’s GMP). This reflects an expected gain of 18.56% per share.
- Retail Subject to Sauda: ₹2,000
- Small HNI Subject to Sauda: ₹28,000
We track GMP on a daily basis. Over the past six sessions, grey market activity indicates a positive trend, suggesting the potential for a strong listing. So far, the lowest GMP has been ₹0.00, while the highest touched ₹21.00. Stay connected with us for the latest Vikran Engineering IPO GMP updates and the expected listing price trend.
Desclamer:The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Vikran Engineering IPO Quick Snapshot
- IPO Opening Date: August 26, 2025
- IPO Closing Date: August 29, 2025
- Issue Size: ₹500.35 Cr (Approx)
- Fresh Issue: ₹500.35 Cr
- Offer for Sale (OFS): Nil
- IPO Price: ₹97 per share
- Lot Size: 154 Shares
- Minimum Investment (Retail): ₹14,938
- Listing Exchange: BSE, NSE
- Tentative Listing Date: September 3, 2025
- Market Cap (Estimated): ₹2,501.74 Cr
- GMP (As of July 29, 2025): ₹18
- Expected Listing Price: ₹115
- Expected Gain: 18.56%
Vikran Engineering IPO GMP Trend
GMP Table
Real-time IPO Grey Market Premium tracking
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📄 Current Data (Copy this to your HTML file):
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Estimated Profit* | Last Updated | Actions |
|---|
IPO grey market premium (GMP) IN (Q&A)
What is IPO Grey Market Premium (GMP)?
A: IPO Grey Market Premium (GMP) is the price at which shares of an upcoming IPO are unofficially traded in the grey market before their official listing on stock exchanges. It reflects investor sentiment and possible listing expectations.
Q2. How is GMP calculated?
A: GMP is calculated as the difference between the grey market price and the IPO issue price.
For example: If the IPO price is ₹100 and GMP is ₹30, the expected listing price is ₹130.
Read More
Is GMP a reliable indicator for IPO listing gains?
A: While GMP gives an early sense of demand, it is unofficial and not regulated. It may fluctuate based on market buzz, subscription status, and demand from HNIs or institutions. It is not a guaranteed predictor of listing price.
Q4. What does ‘Subject to Sauda’ mean in GMP terms?
A: ‘Subject to Sauda’ is a grey market term indicating how much a seller can earn if they are allotted IPO shares. For example, if ‘Retail Subject to’ is ₹1,000, it means buyers are willing to pay ₹1,000 per application for confirmed allotments.
Q5. Is trading in grey market legal in India?
A: No, grey market trading is unofficial and unregulated in India. It operates outside the purview of SEBI. Participating in it involves risks, and investors are advised to rely only on official channels.
Q6. Why does GMP change daily?
A: GMP fluctuates due to several factors:
- Overall IPO demand and subscription numbers
- Market sentiment and news flow
- HNI and institutional interest
- Global and domestic market conditions
Q7. Should investors consider GMP before applying for an IPO?
A: GMP can be a useful sentiment indicator but should not be the sole reason for investing. It is important to review company fundamentals, financials, valuation, and risk factors mentioned in the RHP (Red Herring Prospectus).
Vikran Engineering IPO Date
Get the latest and updated details on Vikran Engineering IPO. Key dates and information will be refreshed as soon as they are officially announced.
| IPO Activity | Date |
|---|---|
| IPO Open Date | 26th Aug 2025 |
| IPO Close Date | 29th Aug 2025 |
| Basis of Allotment Finalisation Date | 1st Sep 2025 |
| Refunds Initiation | 2nd Sep 2025 |
| Credit of Shares to Demat Account | 2nd Sep 2025 |
| IPO Listing Date | 3rd Sep 2025 |
Disclaimer: This content is for informational purposes only and should not be considered financial advice. Always consult a qualified financial advisor before investing. All investments carry market risks. The author has no intention to participate in this IPO.
- Total issue size: ₹772.00 crore
- Fresh issue: ₹721.00 crore (7.43 crore shares)
- Offer for Sale (OFS): ₹51.00 crore (0.53 crore shares)
- Opening Date: August 26, 2025
- Closing Date: August 29, 2025
- Price band: ₹92 to ₹97 per share
- Lot size: 148 shares
- Minimum investment (Retail): ₹13,616
- Minimum investment (sNII): ₹2,00,984 for 14 lots (2,072 shares)
- Minimum investment (bNII): ₹10,04,920 for 70 lots (10,360 shares)
- Allotment Date: September 1, 2025 (Tentative)
- Refunds Initiation: September 2, 2025
- Credit to Demat: September 2, 2025
- Listing Date: September 3, 2025 (Tentative)
- Exchanges: BSE and NSE
- Revenue growth: 17% increase (FY24–FY25)
- PAT growth: 4% rise (FY24–FY25)
- Market Capitalization post IPO: ₹2,501.74 crore
- Rakesh Ashok Markhedkar
- Avinash Markhedkar
- Nakul Markhedkar
- Funding working capital requirements
- General corporate purposes
- Strengthening project execution capacity