Vikran Engineering IPO Details 2026

Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) company.

The company's projects include underground water distribution and surface water extraction, overhead tanks, and distribution networks.

Service Sectors:

• Power Transmission and Distribution: Specializing in extra-high voltage (EHV) substations up to 400kV and comprehensive power distribution solutions.
• Water Infrastructure: Engaged in projects involving underground water distribution, surface water extraction, overhead tanks, and distribution networks.
• Railway Infrastructure: Providing services in railway infrastructure projects.
• Solar Energy: Expanding presence in solar EPC projects.

As of June 30, 2025, the company has completed 45 projects across 14 states with a total executed contract value of Rs 19,199.17 million. As of June 30, 2025, they have 44 ongoing projects across 16 states, aggregating orders of Rs 51,202.07 million, of which the Order Book is Rs 24,424.39 million.

The company's clients in the government sector include NTPC Limited, Power Grid Corporation of India Limited, South Bihar Power Distribution Co. Ltd., North Bihar Power Distribution Co. Ltd., Transmission Corporation of Telangana Limited and more.

As of June 30, 2025, the company had 761 permanent employees.

Competitve Strengths:

• One of the fast-growing engineering, procurement and construction (“EPC”) companies, with timely execution of power transmission and distribution and water infrastructure sector.
• Diversified Order Book across business verticals and consistent financial performance
• Asset light model
• In-house technical and engineering capabilities, process control and quality assurance
• Experienced promoters and management team, having domain knowledge