Comparison between Varindera Constructions IPO and Vikran Engineering IPO.
Varindera Constructions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vikran Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Varindera Constructions IPO is up to ₹1,200.00 Cr whereas the issue size of the Vikran Engineering IPO is up to ₹772.00 Cr. The final issue price of Varindera Constructions IPO is and of Vikran Engineering IPO is ₹97.00 per share.
| Varindera Constructions IPO | Vikran Engineering IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹1 per share |
| Issue Price (Lower) | ₹92.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹97.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 148 shares | |
| Fresh Issue Size | 0 shares | 7,43,29,896 shares |
| Fresh Issue Size (Amount) | up to ₹900.00 Cr | up to ₹721.00 Cr |
| OFS Issue Size | 0 shares | 52,57,731 shares |
| OFS Issue Size (Amount) | up to ₹300.00 Cr | up to ₹51.00 Cr |
| Issue Size Total | 0 shares | 7,95,87,627 shares |
| Issue Size Total (Amount) | up to ₹1,200.00 Cr | up to ₹772.00 Cr |
Varindera Constructions IPO opens on , while Vikran Engineering IPO opens on Aug 26, 2025. The closing date of Varindera Constructions IPO and Vikran Engineering IPO is , and Aug 29, 2025, respectively.
| Varindera Constructions IPO | Vikran Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Aug 25, 2025 | |
| Issue Open | Aug 26, 2025 | |
| Issue Close | Aug 29, 2025 | |
| Basis Of Allotment (Tentative) | Sep 01, 2025 | |
| Initiation of Refunds (Tentative) | Sep 02, 2025 | |
| Credit of Share (Tentative) | Sep 02, 2025 | |
| Listing date (Tentative) | Sep 03, 2025 | |
| Anchor Lockin End date 1 | Sep 30, 2025 | |
| Anchor Lockin End date 2 | Nov 29, 2025 |
Varindera Constructions IPO P/E ratio is , as compared to Vikran Engineering IPO P/E ratio of 22.88.
| Varindera Constructions IPO | Vikran Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Vikran Engineering Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 4% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.81 | 81.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2501.74 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.02% | 16.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.03% | 23.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 0.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.25 | ₹4.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.02% | 16.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Varindera Constructions IPO Retail Individual Investors (RII) are offered 0 shares while in Vikran Engineering IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Varindera Constructions IPO and 1,59,17,525 shares in Vikran Engineering IPO.
| Varindera Constructions IPO | Vikran Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,38,76,287 shares | |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 0 shares | 1,59,17,525 shares |
| NII | 0 shares | 1,19,38,145 shares |
| RII | 0 shares | 2,78,55,670 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 7,95,87,627 shares |
Varindera Constructions IPO subscribed in total, whereas Vikran Engineering IPO subscribed 24.87x.
| Varindera Constructions IPO | Vikran Engineering IPO | |
|---|---|---|
| QIB (times) | 20.51x | |
| NII (times) | 61.77x | |
| Big NII (times) | 70.34x | |
| Small NII (times) | 44.62x | |
| RII (times) | 11.56x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 24.87x |
