Vikram University was established in Ujjain on 1 March 1957. Shri Ranchod Lalji Dhabai donated the land for it from Barnagar. The foundation stone of Vikram University was laid by the then Home Minister of India Shri Govind Vallabh Pant on 23 October 1956. The function was presided over by the Rajpramukh of Madhya Bharat State Late Jiwajirao Scindia.