Mumbai, Sept. 3 -- The scrip was listed at Rs 99.70, exhibiting a premium of 2.78% to the issue price.

So far, the stock has hit a high of Rs 101.39 and a low of Rs 97.92. On the BSE, over 41.14 lakh shares of the company were traded in the counter so far.

The initial public offer of Vikran Engineering was subscribed 23.59 times. The issue opened for bidding on 26 August 2025 and it closed on 29 August 2025. The price band of the IPO was fixed between Rs 92 and 97 per share.

The IPO comprised both a fresh issue and an offer for sale. The fresh issue comprised an issue of equity shares aggregating up to Rs 721 crore and an offer for sale of up to Rs 51 crore by Rakesh Ashok Markhedkar, one of the promoters of the company.

Of the net pr...