ReferIndia News Vikran Engineering Ltd's Strong Stock Debut: IPO Oversubscribed 23.59 Times

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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.

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