Vikran Engineering IPO is no exception. With increasing demand for infrastructure and industrial engineering solutions, this issue has sparked curiosity among retail and institutional investors. One of the key indicators that traders are watching is the Grey Market Premium (GMP), which often reflects early sentiment ahead of listing. In this article, we’ll cover everything you need to know about Vikran Engineering IPO GMP, price band, subscription details, allotment process, listing expectations, and investment outlook
About Vikran Engineering
Vikran Engineering is a growing player in the engineering and construction sector, specializing in industrial infrastructure, mechanical works, and project management solutions. The company has delivered projects across multiple industries including oil & gas, steel, power, and real estate. Its strong execution track record, diverse client base, and expansion into new verticals make it an interesting IPO candidate for long-term investors.
Vikran Engineering IPO GMP Today
The Grey Market Premium (GMP) of Vikran Engineering IPO indicates the unofficial premium at which shares are trading before listing.
- Current GMP (25 August 2025): ₹18 per share
- Estimated Listing Price: Issue price (₹97) + GMP (₹18) = around ₹115
- Expected Listing Gain: ~18%
- This suggests that investors are expecting decent listing gains, although GMP has shown some volatility in recent days.
Vikran Engineering IPO GMP Trend (Day-wise)
Below is the live day-to-day record of Vikran Engineering IPO Grey Market Premium along with Kostak and Subject to Sauda rates:
| Date | IPO GMP | GMP Trend | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 25 Aug | ₹18 | GMP Down | ₹- | ₹1,900 |
| 23 Aug | ₹20 | GMP Down | ₹- | ₹2,000 |
| 22 Aug | ₹22 | GMP Down | ₹- | ₹2,800 |
| 21 Aug | ₹25 | GMP Up | ₹- | ₹2,800 |
| 20 Aug | ₹14 | GMP Up | ₹- | ₹1,200 |
| 19 Aug | ₹- | – | ₹- | ₹- |
👉 Observation: GMP touched a high of ₹25 on 21st August but has since corrected to ₹18 on 25th August, showing some cooling in sentiment. However, Subject to Sauda remains healthy at nearly ₹1,900, indicating demand in the unofficial market.
Vikran Engineering IPO GMP Trend (Day-wise)
Below is the live day-to-day record of Vikran Engineering IPO Grey Market Premium along with Kostak and Subject to Sauda rates:
| Date | IPO GMP | GMP Trend | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 25 Aug | ₹18 | GMP Down | ₹- | ₹1,900 |
| 23 Aug | ₹20 | GMP Down | ₹- | ₹2,000 |
| 22 Aug | ₹22 | GMP Down | ₹- | ₹2,800 |
| 21 Aug | ₹25 | GMP Up | ₹- | ₹2,800 |
| 20 Aug | ₹14 | GMP Up | ₹- | ₹1,200 |
| 19 Aug | ₹- | – | ₹- | ₹- |
👉 Observation: GMP touched a high of ₹25 on 21st August but has since corrected to ₹18 on 25th August, showing some cooling in sentiment. However, Subject to Sauda remains healthy at nearly ₹1,900, indicating demand in the unofficial market.
Vikran Engineering IPO Kostak & Subject to Sauda
- Kostak Rate: Currently not active (₹–)
- Subject to Sauda Rate: ₹1,900 as of August 25, 2025
💡 Note:
- Kostak Rate = Premium received for selling your IPO application before allotment.
- Subject to Sauda = Agreement where profits are pre-decided if allotment is successful.
- Both these figures help investors measure overall market enthusiasm for the issue.
Investment Perspective
Positives:
- Strong presence in India’s growing infrastructure sector.
- Rising revenue and operational efficiency.
- Ongoing government focus on infrastructure development.
Risks:
- Highly competitive EPC sector.
- Project delays may affect margins.
- Raw material cost volatility.
Expected Returns: Analysts estimate potential listing gains of 15–20% if GMP sustains at current levels.
Vikran Engineering IPO GMP FAQs
Q1. What is Vikran Engineering IPO GMP Today?
👉 GMP is ₹18 per share (25 August 2025).
Q2. What is the Kostak Rate for Vikran Engineering IPO?
👉 Currently, the Kostak Rate is inactive (₹–).
Q3. What is Vikran Engineering IPO Subject to Sauda Price?
👉 Subject to Sauda stands at ₹1,900 as of today.
Q4. What is the expected return from Vikran Engineering IPO?
👉 Based on GMP trends, expected returns are around 18%.
Q5. When is Vikran Engineering IPO Listing Date?
👉 Shares will be listed on September 3, 2025 on NSE and BSE.
Final Word
The Vikran Engineering IPO GMP trend shows positive investor sentiment, with a premium of ₹18 per share indicating moderate listing gains. While GMP provides early cues, investors should not base their decision solely on it. Instead, fundamentals like financial growth, project pipeline, and sector outlook must be considered before subscribing.
👉 If you’re aiming for listing gains, GMP and Subject to Sauda suggest decent potential.
👉 If you’re a long-term investor, Vikran Engineering’s growing revenue base and strong EPC track record make it worth evaluating.
📌 Disclaimer:
The IPO Grey Market Premium (GMP), Kostak, and Subject to Sauda rates mentioned are sourced from market observers. These figures are unofficial and can change quickly. Investors are advised to consider company fundamentals and consult financial experts before making investment decisions.
