VIKRAN ENGINEERING MARKET DEBUT
Shah Rukh Khan once cracked the IIT entrance just to prove a point to his mother. Later, chose a different career path
Before achieving Bollywood stardom, Shah Rukh Khan surprised everyone by clearing the IIT entrance exam to appease his mother's wishes, despite his desire to study economics. He later pursued a bachelor's degree in Economics and a Master's in Mass Communication. Recently, he won a National Film Award for Jawan and is preparing for King, alongside other projects.
Wall Street’s wealth engine powers through job-market anxiety
Recent economic data reveals a concerning trend: job growth is slowing in America, impacting workers' financial security. However, investors anticipate the Federal Reserve will intervene to protect their assets. Despite a slight market dip, bonds have rallied, and equities remain near record highs.
CoinSwith founder has an advice for parents who still asks their kids 'beta engineer toh ban jao'
CoinSwitch Co-founder Ashish Singhal highlights a concerning trend: companies are skipping campus placements in Karnataka's tier-2 and tier-3 engineering colleges, despite students incurring significant educational costs. He emphasizes that the demand for engineers has decreased due to AI, and skills are now more important than degrees.
Fintech firm’s AI adoption plan backfires as attempt to automation leaves engineers stuck with handling customer support calls
Klarna’s bold AI experiment has backfired, forcing engineers and marketers into customer support roles after its chatbot failed to handle rising complaints, Business Insider reported. Once claiming that AI could replace 700 agents, CEO Sebastian Siemiatkowski now admits cost-cutting hurt quality and vows to restore human support. The setback, echoing a wider 95% AI adoption failure rate noted by MIT, comes as Klarna prepares for a $14 billion IPO amid investor scrutiny.
Urban Company: GMP among 10 things investors need to know from a rare tech IPO in 2025
Urban Company is launching a Rs 1,900 crore IPO on September 10, closing September 12. With strong brand recall, a tech-driven hyperlocal model, and over 97 million service orders completed, it’s one of FY26’s most anticipated listings. Allotment is on September 15, with listing scheduled for September 17.
Mukul Agrawal, Ashish Kacholia-backed Vikran Engineering shares rise 5% from IPO price. Time to cash out or double down?
Vikran Engineering’s shares rose about 5% on debut, listing slightly above its Rs 97 IPO price in a Rs 772-crore offering backed by investors Mukul Agrawal and Ashish Kacholia. Despite strong subscription and a robust order book, gains fell short of grey market expectations. Analysts recommend holding for long-term growth supported by government infrastructure spending and the company’s asset-light model.
- Go To Page 1
Ashish Kacholia-invested Vikran Engineering shares list at 3% premium over IPO price
Vikran Engineering made its stock market debut on Wednesday after receiving strong interest for its Rs 772 crore IPO, which was subscribed nearly 25 times. The stock listed at a modest premium - Rs 99.70 on BSE and Rs 99.00 on NSE - against the issue price of Rs 97. The IPO was backed by noted investors Ashish Kacholia and Mukul Agarwal.
Current Infraprojects shares list at 90% premium over IPO price on NSE SME platform
Current Infraprojects shares debuted at Rs 152 on NSE SME, a 90% premium. The IPO was subscribed 379 times, attracting bids worth over Rs 13,295 crore. Retail portion saw 396.5 times subscription. The company will use IPO funds for solar projects and working capital. Current Infraprojects operates in infrastructure and renewable energy. It reported total income of Rs 91.
Sattva Engineering shares to debut today. Check GMP ahead of debut
Chennai's Sattva Engineering Construction is set for its SME debut today, following a highly successful IPO that was oversubscribed 198 times. The Rs 35.38 crore IPO, priced at Rs 75 per share, saw significant interest across all investor categories, particularly from non-institutional investors.
Stocks in news: Vikran Engineering, Indus Towers, Waaree Energies, TCS, YES Bank
Domestic equities closed lower despite positive macro data, influenced by caution ahead of the GST Council meeting. Several companies are in focus, including Vikran Engineering and Anlon Healthcare, debuting on the exchanges. Indus Towers plans expansion in African markets, while Waaree Energies will acquire a 64% stake in Kotson.
Vikram-32 chip: What are the features of India’s first desi microchip built by ISRO?
India unveiled its first indigenous 32-bit processor, Vikram-32, developed by ISRO's Semiconductor Laboratory. This milestone signifies India's advancement towards semiconductor self-reliance, with the chip validated in space during the PSLV-C60 mission. The processor's robust design suits various sectors, and the government supports semiconductor growth with multiple projects and investments, positioning India as a key player in the global semiconductor landscape.
Vikran Engineering IPO: GMP suggests Kacholia, Agarwal’s pick could throw a listing surprise
Vikran Engineering, backed by marquee investors, is set to debut on the bourses after its Rs 772 crore IPO saw robust subscription across investor categories. Despite strong fundamentals, including a 32% revenue CAGR and a Rs 5,120 crore project pipeline, the grey market premium signals only modest listing gains. Analysts highlight growth visibility but flag working capital and regulatory concerns.
Royal Caribbean’s futuristic massive LNG cruise ship just set sail, and it’s a total game-changer
Royal Caribbean International has officially launched its newest mega cruise ship, Legend of the Seas, at Meyer Turku’s Finnish shipyard on August 29. This vessel is the third in a groundbreaking series of ships redefining modern cruising, combining size, luxury, and cutting-edge sustainability technologies.
Ashish Kachoia-backed Vikran Engineering IPO allotment likely today. Check status, GMP and other details
Vikran Engineering’s Rs 772-crore IPO allotment is likely to be finalised today after receiving 24.87x subscription. Backed by Ashish Kacholia and Mukul Agarwal, the EPC firm holds a Rs 24,400-crore order book. Shares are trading at a 6% GMP ahead of Wednesday’s listing.
Ashish Kacholia-backed Vikran Engineering IPO gets healthy subscription. Check allotment date, status and GMP
Vikran Engineering’s Rs 772-crore IPO, backed by ace investor Ashish Kacholia, saw strong demand with 24.87 times subscription. The allotment will be finalised on September 1, while listing is set for September 3.
IPO Calendar: September to take forward IPO momentum with 7 new issues, 15 listings in first week
September opens with strong IPO momentum, featuring seven new issues and 15 listings in the first week. While SME offerings dominate with six launches, Amanta Healthcare is the lone mainboard IPO, aiming to raise Rs 126 crore, testing investor appetite amid market volatility.
Vikran Engineering IPO GMP hints at 12% listing pop on day 3. Should you subscribe? Key details here
Vikran Engineering’s Rs 772 crore IPO garnered over 5.62 times subscription on Day 3, led by strong retail and NII demand. A grey market premium of Rs 12 signals a potential 12% listing gain, though analysts remain divided on subscription amid sectoral risks.
Vikran Engineering IPO subscribed 2.56x on Day 2, GMP at 12%; Should You Invest? Key details inside
Vikran Engineering IPO is seeing robust grey market demand, with shares trading at a 12.3% premium over the issue price of ₹97. This translates to a gain of about ₹12, implying a potential listing near ₹109. However, the grey market premium (GMP) is only an informal indicator of sentiment and may fluctuate.
Vikran Engineering IPO sails through. Is Ashish Kacholia the sole reason for strong investor interest?
Vikran Engineering’s Rs 772 crore IPO saw strong demand, fully subscribed within hours of opening. Backed by marquee investors, the EPC firm earned mostly “Subscribe for long-term” ratings from leading brokerages, citing strong order book, growth visibility, and asset-light model.
Vikran Engineering IPO fully booked within 2 hours; GMP at 17%. Should you apply?
Vikran Engineering’s Rs 772 crore IPO opened for subscription on August 26 and was fully subscribed within the first two hours. The issue, priced at Rs 92–97 per share, has seen strong demand from retail and non-institutional investors, though QIB participation remains low. Shares are quoting at a 17% premium in the grey market.
Ashish Kacholia-backed Vikran Engineering IPO opens for subscription; GMP at 21%. Should you bid?
Vikran Engineering's Rs 772 crore IPO opened for subscription, featuring a fresh issue and an offer for sale, with strong GMP indicating investor interest. The company, an EPC player in power, water, and railway sectors, plans to list on BSE and NSE. Proceeds will fund working capital and general corporate needs, supported by positive analyst recommendations despite some risks.
Vikran Engineering raises Rs 231.6 crore from anchor investors ahead of IPO launch
Vikran Engineering garnered ₹231.6 crore from anchor investors, including Bank of India MF and Societe Generale, ahead of its ₹772-crore IPO opening on August 26. The IPO, with a price band of ₹92-97 per share, comprises a fresh issue and an offer-for-sale. Proceeds will fund working capital.
Is Vikran Engineering's IPO a risky bet with high client concentration and declining bids?
Vikran Engineering, an EPC company, is set to launch an IPO. The goal is to raise ₹721 crore through fresh equity. Part of the IPO includes an offer for sale. Post-IPO, promoter stake will decrease. The company's financials reveal high client concentration. Receivable days are also relatively high. Investors are advised to await post-listing financial clarity.
Ashish Kacholia-backed Vikran Engineering raises big money from anchor investors ahead of IPO. Check marquee investors
Vikran Engineering, backed by The Wealth Company, Ashish Kacholia and Mukul Aggarwal, raised ₹232 crore from anchor investors before its ₹772 crore IPO, attracting strong participation from domestic funds, insurers, and global institutions.
A day ahead of IPO, Vikran Engineering announces 5% profit as dividend to shareholders
Vikran Engineering, supported by prominent investors, has garnered Rs 232 crore from anchor investors before its Rs 772 crore IPO launch. The IPO includes a fresh issue and an offer for sale, with proceeds allocated for working capital and general corporate needs. The company also announced a 5% dividend distribution to equity shareholders.
Vikran Engineering IPO opens tomorrow, GMP signals 17% premium. Check other key details
Vikran Engineering will launch its Rs 772 crore IPO on August 26. The IPO will close on August 29. The price band is Rs 92–97 per share. The IPO shows strong grey market interest. The company will allocate shares to QIBs, NIIs, and retail investors. Vikran Engineering will use the funds for working capital and general corporate purposes.
IPO Calendar: Another busy week for IPOs as 10 companies to raise nearly Rs 1,200 crore
The Indian primary market is set for a busy week with 10 companies launching IPOs, aiming to raise over Rs 1,190 crore. Vikran Engineering's Rs 772 crore IPO, opening August 26, leads the pack, followed by Anlon Healthcare's Rs 121 crore issue. Several SME IPOs, including Globtier Infotech and NIS Management, are also scheduled.
Vikran Engineering announces IPO price band; GMP remains healthy ahead of issue opening. Check details
Vikran Engineering’s IPO, priced at Rs 92–97 per share, opens on August 26 and closes on August 29. The Rs 772 crore issue includes a fresh issue and OFS. With strong EPC presence, robust order book, and government clients, the company plans to fund working capital and corporate needs.
Load More
