Upcoming IPOs: Vikran Engineering IPO and Anlon Healthcare IPO are among the public issues set to open next week. Check the full list here.
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| Upcoming IPOs |
Here's what you need to know about the Vikran Engineering IPO:
IPO Details
- Issue Size: ₹772 crore
- Price Band: ₹92-₹97 per share
- Lot Size: 148 shares
- Minimum Investment: ₹13,616 for retail investors
- IPO Opens: August 26, 2025
- IPO Closes: August 29, 2025
- Listing Date: September 3, 2025 (tentative)
Objective of the IPO
- Working Capital Requirements: ₹541 crore will be used to meet working capital needs
- General Corporate Purposes: Remaining funds will go towards general corporate purposes
Company Overview
- Business: Vikran Engineering is an engineering, procurement, and construction (EPC) company focusing on power transmission, distribution, and water infrastructure projects
- Order Book: ₹5,120.2 crore, diversified across power, water, and railway infrastructure projects
- Client Base: Strong government clients include NTPC, Power Grid, and state power distribution companies
Financial Performance
- Revenue: ₹915.8 crore in FY25, up 16.5% from FY24
- Profit After Tax: ₹77.8 crore in FY25, up 3.9% from FY24
- ROE and ROCE: 16.63% and 23.34%, respectively, showing efficient capital use
Grey Market Premium (GMP)
- GMP: ₹22, indicating strong investor interest and possible gains on debut
- Potential Listing Price: around ₹119, a 22.7% premium over the IPO price.
Anlon Healthcare's IPO is set to open on August 26, 2025, and close on August 29, 2025. Here are the key details:
IPO Details
- Issue Size: ₹121.03 crore, entirely from a fresh issue of 1.33 crore equity shares
- Price Band: ₹86-₹91 per share
- Lot Size: 164 shares, with a minimum investment of ₹14,924 for retail investors
- Listing: On BSE and NSE, with a tentative listing date of September 3, 2025
Objective of the IPO
- Expansion: Funding capital expenses for expanding the manufacturing facility (₹30.72 crore)
- Working Capital: Supporting working capital needs (₹43.15 crore)
- Debt Repayment: Full or partial repayment and/or prepayment of certain outstanding secured borrowings
- General Corporate Purposes: Remaining funds for general corporate purposes
Company Overview
- Business: Anlon Healthcare is a chemical manufacturing company that specializes in high-purity pharmaceutical intermediates and active pharmaceutical ingredients (APIs)
- Product Portfolio: 65 commercialized products, with several more in pilot and lab stages
- Revenue: ₹120.46 crore in FY25, up from ₹66.69 crore in FY24
- Profit After Tax: ₹20.52 crore in FY25
Financial Performance
- Revenue Growth: 81% increase in revenue from FY24 to FY25
- Profit Growth: 112% increase in profit after tax from FY24 to FY25
- Debt-to-Equity Ratio: 0.73 (pre-issue), showing a relatively healthy financial position
Key Risks
- Quality Standards: Subject to strict technical specs, quality requirements, regular inspections, and audits by customers or their representatives
- Non-Compliance: Failing to meet quality standards may lead to a loss of business and hurt financial health.
NIS Management IPO is set to open on August 25, 2025, and close on August 28, 2025. Here are the key details:
IPO Details
- Issue Size: ₹60.01 crore, made up of a fresh issue of 0.47 crore shares and an offer for sale of 0.07 crore shares
- Price Band: ₹105-₹111 per share
- Lot Size: 1,200 shares, with a minimum investment of ₹1,33,200 for retail investors
- Listing: On BSE SME, with a tentative listing date of September 2, 2025
Objective of the IPO
- Working Capital Requirements: ₹36 crore will be used to meet working capital needs
- General Corporate Purposes: Remaining funds will go towards general corporate purposes
Company Overview
- Business: NIS Management Limited offers integrated security and facility management services across 14 Indian states
- Services: Security guard deployment, electronic security, housekeeping, payroll accounting, and more
- Client Base: Government institutions, PSU bodies, airports, and major retail and hospitality brands
Financial Performance
- Revenue Growth: Consistent growth in revenue and profit
- Financials: Total assets of ₹255.11 crore as of March 2025
Grey Market Premium (GMP)
- GMP: ₹7, indicating possible listing gains
- Expected Listing Price: Around ₹118, a 6% premium over the upper price band
IPO Timetable
- IPO Opening: August 25, 2025
- IPO Closing: August 28, 2025
- Allotment: August 29, 2025
- Listing: September 2, 2025
Here's a detailed weekly market outlook for Nifty 50 and Bank Nifty:
Nifty 50 Weekly Outlook
- Current Trend: Nifty 50 has shown a bullish trend, consistently trading above its 20-day and 50-day simple moving averages (SMAs).
- Key Levels:
- Support: 25,200 and 22,609-22,303
- Resistance: 25,800 and 23,209-23,513
- Technical Indicators:
- RSI: 57.78-60.94, suggesting healthy momentum without being overbought
- MACD: Bullish, confirming strong upward movement
- Stochastic: 78.1-91.36, signaling possible short-term overbought conditions
Bank Nifty Weekly Outlook
- Current Trend: Bank Nifty has shown a bullish trend, supported by strong earnings in the banking sector and positive global signals.
- Key Levels:
- Support: 56,800 and 56,276-56,640
- Resistance: 57,800 and 57,327-57,430
- Technical Indicators:
- RSI: 59.11, indicating bullish momentum
- MACD: Bullish, confirming upward movement
- Stochastic: 80.05, signaling overbought conditions
Market Sentiment and Outlook
- The overall market sentiment remains positive, driven by easing geopolitical tensions, a supportive RBI stance, and strong domestic consumption.
- Investors should keep an eye on global signals, including US Fed policy and crude prices, as these may influence near-term trends.
- Both Nifty 50 and Bank Nifty are likely to maintain their bullish momentum, with potential short-term pullbacks and consolidation.
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