Vikran Engineering Limited, one of the emerging multi-sector EPC companies in India, today officially announced that,

The Company has commissioned its second 5 MW solar power plant in Maharashtra, India, under the PM KUSUM Scheme. Source: BSE.

Details

According to the exchange filing, Vikran Engineering Limited (VEL) commissioned its second 5 MW solar power plant in Ambijalgaon, Ahilyanagar district, Maharashtra, on April 5, 2026, under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) Scheme.

The newly operational plant marks another milestone in the company’s expanding renewable energy portfolio and reflects continued progress under the 600 MW solar contract secured in December 2025, a company spokesperson added.

Usage

According to the company management, the solar plant has been developed to provide reliable daytime electricity for agricultural irrigation, addressing longstanding challenges faced by farmers in the region due to unstable grid supply and dependence on costly diesel-powered irrigation.

The solar plant is expected to generate a significant impact, including –

• 10,000 MWh of clean energy generation annually
• 8,200 tonnes of CO₂ emissions avoided per year
• Reliable daytime power supply for irrigation pumps through the dry season
• Productive utilization of underutilized land,
• Creating long-term revenue opportunities for local landowners.

Vikran Engineering Commissioned Second Solar Plant

Management Commentary

Commenting on the latest development, Rakesh Markhedkar, CMD, Vikran Engineering Limited, said –

The commissioning of our second solar power plant under this project marks another important milestone in Vikran Engineering’s renewable energy journey and reflects our commitment to building infrastructure that delivers measurable impact on the ground.

Beyond clean power generation, projects like these directly support farmer livelihoods, improve rural energy reliability, and contribute meaningfully to India’s sustainability goals.

We remain focused on executing our solar pipeline with speed and precision as we continue to scale our renewable energy footprint across the country.

Total Capacity

With this commissioning, VEL has now operationalized 2 solar power plants under its broader solar development pipeline.

While an additional 145 MW remains under active construction, the overall execution pipeline is progressing as scheduled, as per the BSE statement.

Market Cap: Vikran Eengineering Ltd has a total market capitalization of ₹1,920 crore as of April 5, 2026, according to the NSE data.

Technical: The stock is currently trading above its 20-day and 50-day simple moving averages and below its 100-day SMAs.

Price Performance: On a year-to-date basis, VEL’s share has declined by 25.75% and by 14% over the last three-month period. However, the company’s shares have been trading 34% higher over the last month.

Also Read

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Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Vikran Engineering Commissioned Second Solar Plant appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Om Power Transmission Limited, a power transmission EPC company in India, made a decent start on the bourses on Friday, 17 April 2026.

A reasonable listing was expected, as the company’s ₹150 Crore IPO received a 3.33 times subscription (according to the National Stock Exchange data) during March 9-13.

The shares of Om Power Transmission were listed at INR 186 apiece on the National Stock Exchange (NSE), a premium of 6.30% compared to the IPO price band of INR 166 – INR 175.

On the Bombay Stock Exchange (BSE), the company’s shares were listed at INR 181.10 per share, representing a premium of 3.50%.

The Stock made an intra-day high of INR 195.30 and a low of INR 186 before closing at ₹193.40 (up 10.50%) on the NSE at the market’s close.

In terms of volumes, OMPOWER traded with 2,366,480 shares on the NSE.

Finblab.com view (at the time of IPO)

Do come back to know more about “upcoming ipos“

9 April 2026

Om Power Transmission Limited, a power transmission infrastructure EPC company in India, plans to raise ₹150 crores through an IPO.

[Fresh Issue ₹133 Cr + OFS ₹17 Cr]

Om Power Transmission share price is ₹166 to ₹175 per share.

Om Power Transmission: History

The Company was originally incorporated as Om Power Transmission Private Limited, a private limited company under the Companies Act, 1956, on June 29, 2011.

The Company was then converted into a public limited company on September 8, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to Om Power Transmission Limited, and a fresh certificate of incorporation was issued by the RoC on September 15, 2025.

Om Power Transmission: Business

Om Power Transmission Ltd is a power transmission infrastructure Engineering, Procurement, and Construction (EPC) company in the country with more than 14 years of experience.

The Company’s expertise lies in the execution of high-voltage (HV) and extra-high-voltage (EHV) transmission lines, substations, and underground cabling projects, all delivered on a turnkey basis.

The projects encompass design, engineering, supply, erection, installation, testing, commissioning, and comprehensive operation and maintenance (O&M) services.

The Company’s business verticals (services) are classified as below –

1. Transmission Line EPC Projects
2. Underground Cable Projects
3. Substation EPC Projects
4. Operation and Maintenance Services

Total Transmission Lines

Since the commencement of its operations in 2011 in the State of Gujarat, India, Om_Power has commissioned (1) transmission lines, (2) substations, and (3) underground cables, covering in aggregate over 1,000 circuit kilometers (CKM) of transmission lines and 11 substations, respectively.

Order Book

As of December 31, 2025, the company’s unexecuted Order Book comprised 58 projects, totaling INR 74,460.27 lakhs, including 7 O&M contracts and 51 EPC projects.

Client List

The Company’s client base comprises public sector undertakings and private clients. Major clients include –

• Power Utilities & Grid Operators,
• Industrial & Corporate Users,
• Renewable Energy Developers & Solar Park Operators,
• Transportation & Infrastructure Projects, and
• Operation & Maintenance.

ALSO READ: GST collections March 2026

Certification

The Company is certified under –

ISO 9001:2015 (Quality Management),

ISO 45001:2018 (Occupational Health & Safety Management),

ISO 14001:2015 (Environmental Management), and

AA Class certification from GETCO.

Strategies Ahead

Strengthen company presence by expanding geographical footprint.

Focus on increasing operational efficiency and cost management.

Capitalizing on power transmission and distribution demand by bidding for large-scale and high-value projects across India.

Company Promoters

1. Kalpesh Dhanjibhai Patel,
2. Kanubhai Patel,
3. Vasantkumar Narayanbhai Patel.

Refer to Om Power Transmission DRHP for more information.

IPO Details

ipo date: 9 – 13 April 2026

Minimum Amount: ₹14,875

Minimum Bid: 85 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Object of the IPO

1) Funding of capital expenditure requirements towards the purchase of machinery and equipment

2) Pre-payment (re-payment), in part or in full, of certain outstanding borrowings,

3) Funding long-term working capital requirements, and

4) General Corporate Purposes.

Finaicial

Book Running Lead Manager

Beeline Capital Advisors

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on Om Power Transmission IPO.

Do check the list of “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Om Power Transmission IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Saatvik Green Energy Limited, one of the fastest-growing module manufacturing companies in India, on Thursday, April 9, 2026, said that,

Saatvik Solar Industries Private Limited, the material subsidiary of the company (Saatvik Green) has received an order from a domestic entity. Source: BSE.

Order Details

According to the exchange data, Saatvik Solar Industries has received an order from a renowned independent power producer for the supply of Solar Photovoltaic (PV) Modules.

The client is a leading EPC player in India; however, its name has been withheld due to confidentiality reasons, a company spokesperson added.

The nature of the order is commercial, and the same is accepted by the company.

Last month, on March 28, 2026, Saatvik Green has secured a major contract for the supply of Solar Cell for ₹638 crore.

Saatvik Green Energy Wins Solar PV Modules Order

Order Value

The aggregate value of the aforesaid Order is INR 108.75 crores (Rupees One Hundred Eight Crores and Seventy-Five Lac Only).

Duration

The order is scheduled to be completed within 6 months (September 2026) from the date of the purchase order, a company management official said.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to saatvik green energy news for more information.

Market Cap: The company’s market capitalization is ₹5,875 Cr.

Technical: The stock is currently trading above its 20-day, 50-day, and 100-day simple moving averages.

Price Performance: On a year-to-date (YTD) basis, Saatvik Green Energy’s stock has gain 22.85% and is up by 14.20% in the last three-month period. However, the company’s shares are trading 33.70% higher in the last one-month period.

ALSO READ:

Om Power Transmission IPO Review

Prostarm Info Systems Bags Major EPC Contract

Vikran Engineering Secures MSEDCL Order

GST collections March 2026

Disclaimer: This article is purely for informational purposes. The data presented here are for information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Saatvik Green Energy Wins Solar PV Modules Order appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

“Receipt of Letter of Award (LOA)”

KNR Constructions Limited, a company providing Engineering, Procurement, and Construction (EPC) services in roads and highways, irrigation, and urban water infrastructure segments, on February 17, 2026, said that,

The Company is in receipt of LoA for the construction of a four-lane elevated corridor along East Coast Road (ECR) from design Chainage Km. 11+480 to Km. 11/800 (West Avenue Road) and upto Km. 24+780 (East Coast Road) Thiruvanmiyur to Uthandi in SH-49 on Hybrid Annuity Model (HAM). Source: BSE

Contract Size

The total value of the contract is worth ₹2,163.07 crores (Rupees Two Thousand One Hundred and Sixty-three Crores Only).

Contract Duration

According to the company management, the contract is to be executed over a period of 1095 days & Operation period of 5 Years from COD.

Refer to Knr constructions news today for detailed information.

• The company’s market capitalization is ₹4,025 Cr.
• The stock is currently trading below its 20-day, 50-day, 100-day, and 200-day Simple Moving Averages (SMA).

ALSO READ – Gaudium IVF IPO Review

24 January 2021

Update:

Fixing of Record Date for the “Bonus Issue“

The Executive Finance Committee of the Company, in their Meeting held on 24 January 2021, fix Thursday the 04-02-2021 as the Record Date for the purpose of proposed Bonus Issue.

18 December 2020

Update:

KNR Constructions share rallied over 9% in the later half of the day on December 18 as the company issue bonus shares.

The Company has announced a Bonus share in the ratio of 1:1.

The Company said – 1 (one) bonus equity share of INR 2 per each fully paid-up for every 1 (one) existing equity’ share of Rs 2/- each fully paid-up held as on “record date” to be fixed for the purpose.

The stock made a high of INR 347 on the NSE before it close at INR 326.50 with volume of more than 3520506 shares on the exchange.

Finblab is bullish on the stock.

14 November, 2019

Update:

Q2 FY 2019-20 Numbers

KNR Constructions Limited, a multi domain infrastructure development organization in India has posted its Q2 FY 2019-20 results today. Read standalone quarterly numbers –

Revenue from Operations at INR 546.19 Crore in September 2019 up 31.21 percent Y-O-Y basis from INR 416.28 Crore in September 2018. Q-O-Q revenues grew by 17.56 percent (INR 464.60 Crore for June 2019)

Quarterly Net Profit at INR 70.09 Crore in September 2019 up 46.91% quarter-on-quarter basis from INR 47.71 Crore in June 2019. Y-O-Y profit up by 55.76% (INR 45 Crore for September 2018)

Read: APEX FROZEN FOODS Q2 FY 2019-20 Numbers

The Company EPS has increased to Rs. 4.98 in September 2019 from Rs. 3.39 in June 2019.

KNR Constructions is currently trading at INR 246.20 on November 14, 2019 (NSE) and is trading above its 200 EMA (241) and above its 50 EMA (235)

The government, earlier this year (to achieve the $5 trillion economy target) constituted a high-level task force earmarking INR 100 lakh crore for infrastructure projects by 2024-25.

Majority of these will be in Road projects that will connect first to industrial corridors and B group cities. Experts feel that L&T, KNR Construction etc. can benefit from these road projects.

04 September, 2017

Company Background –

KNR Constructions History –

The Company was incorporated on July 11, 1995, in the name of KNR Constructions Limited under the Companies Act, 1956 with the Registrar of Companies, Andhra Pradesh and received a certificate of commencement of business on August 9, 1995.

Business & Partnership –

• The company has engaged in the business of infrastructure project development providing engineering, procurement and construction (EPC) services across various fast growing sectors namely (1) roads & highways, (2) irrigation and (3) urban water infrastructure management.
• The company project execution strength primarily is in road transportation engineering projects namely construction and maintenance of roads, highways, flyovers, and bridges wherever integral to the projects undertaken.
• In the past, the company has executed infrastructure projects independently as well as through joint ventures. Currently, most of the road projects were executed with joint venture partner, Patel Engineering Limited.
• The Company has the ability to bid, execute and implement medium and large size projects across various infrastructure segments.
• Till 2016, the company has having 4 portfolios of BOT projects, 2 irrigation projects, 5888 KM road projects executed, 25 Bridges and viaducts built/under construction across various states in India covering Assam, Andhra Pradesh, Arunachal Pradesh, Bihar, Chhattisgarh, Karnataka, Madhya Pradesh, Odisha, Tamil Nadu and Uttar Pradesh.
• In 2011, the Company has been awarded by NHAI an order towards Two Laning of Muzaffarpur-Barauni section of NH-28 from KM 519.600 to KM 627.000 in the State of Bihar Under NHDP Phase IVB through Public Private Partnership (PPP) ON Design.
• In 2016, the company wins an award from NHAI.

KNR Constructions Listed On –

The company’s shares are listed for trading on National Stock Exchange (NSE) & Bombay Stock Exchange (BSE) in India.

Stock Information –

Share Holding Pattern –

KNR Constructions – Financials

Conclusion –

Considering the techno-funda analysis and sector outlook; KNR Constructions Limited looks good at Rs 207. FinBlab recommends investing in a stock keeping a long-term view in mind. (One can accumulate on decline also).

Here is a list of the previous value pick. Click Geecee Ventures, Sanghvi Movers, Swelect Energy, Glenmark Pharma, Larsen & Toubro Limited to see the analysis.

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post VALUE PICK SEPTEMBER ’17: KNR Constructions Ltd, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue 220.50 Crore + OFS NIL]

Denta water and infra ipo price is INR 279 – 294 per share

Denta water and infra: History

The company was incorporated on November 17, 2016, as Denta Properties and Infrastructure Private Limited in Bangalore (Karnataka) as a private limited company under the Companies Act 2013.

Last Article – Stallion India Fluorochemicals IPO

Denta water and infra: Business

Denta Water and Infra is a water and infrastructure solutions company engaged in the design, installation, and commissioning of water management infrastructure projects with expertise in groundwater recharge projects.

The Company (commonly known as Denta Water) over the years has emerged as one of the strong players in the field of water engineering, procurement, and construction (EPC) services.

In addition, the company also undertakes construction projects in the field of –

• Railways,
• Highways

Denta Water is one of the few companies in the country with experience and expertise in the design, installation, commissioning, operations, and maintenance of groundwater recharging using recycled water.

With a meritorious track record in infrastructure project installations (including groundwater recharging through recycled water), Denta Water and Infra have been contributors to addressing the rising demand for water-related solutions in India.

The Company awarded contracts through a competitive bidding process undertaken by the Central and State Governments. It also undertakes contracts as sub-contractors from various private parties.

Denta Water: Core Services

The Company’s core services encompass –

1. Water Infrastructure Management: Implementing comprehensive solutions for water infrastructure management in various settings.
2. Groundwater Recharging: Developing innovative strategies to recharge aquifers, ensuring long-term water sustainability.

As of November 30, 2024, Denta Water has executed 32 water management infrastructure projects, where the company has undertaken –

• 11 projects as the main contractor,
• 1 project has been undertaken under a consortium (joint  venture  arrangement), and
• 20 projects have been undertaken under a sub-contract arrangement with the main contractor.

Land & Resort

The company owns 98 acres of land in Madikeri (Karnataka) producing cardamom, coffee, and pepper.

It also owns a beach resort in Udupi, generating revenue through a facility management agreement.

Competitive Strengths

• Expertise in water management projects (special focus on groundwater recharging)
• In-house ability in designing and engineering water management infra projects
• Solid Management Team
• Robust order book
• Proven track record for timely execution of projects
• Sound Business Model

Strategies Ahead

• Leverage core capabilities in the execution of water management projects
• Expanding the geographical presence of operations
• Pursue other segments within the infrastructure development space
• Venture into different geographies for the reuse of discharge water

Company Promoters

1. Sowbhagyamma,
2. Sujith T R,
3. C Mruthyunjaya Swamy,
4. Hema H M

IPO Details

Denta Water and Infra ipo date = 22 Jan to 24 Jan 2025

Minimum Amount = INR 14,700

Face Value (FV) = INR 10

Minimum Bid = 50 Shares

Listing On = NSE, BSE

Book Running Lead Managers

Smc Capitals Limited

FINANCIALS

CONCLUSION

FinBlab recommends SUBSCRIBE ratings on Denta Water And Infra Solutions ipo

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Denta Water And Infra IPO – Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.