
Vikran Engineering Ltd's Strong Stock Debut: IPO Oversubscribed 23.59 Times
Published on: Sept. 3, 2025, 11:01 a.m. | Source: Devdiscourse
Vikran Engineering Ltd's shares debuted with a nearly 3% premium on their issue price. The company's IPO, oversubscribed 23.59 times, included a ₹721 crore fresh issue. Proceeds will address working capital and general corporate needs, reflecting strong market interest in the infrastructure sector.