Vikran Engineering IPO Allotment Completed: Check Status, GMP, and Listing Date

The allotment of shares for the Vikran Engineering IPO was finalized on Monday, September 1, 2025, after witnessing robust demand across all investor segments during its three-day subscription period.

IPO Subscription Details

The bidding for the IPO opened on August 26 and closed on August 29, attracting significant interest from institutional, retail, and non-institutional investors.

According to the final subscription data:

• Overall Subscription: 24.87 times

• Retail Category: 11.56 times

• Qualified Institutional Buyers (QIBs): 20.51 times

• Non-Institutional Investors (NIIs): 61.77 times, the highest among all categories.

The ₹772 crore IPO comprised a fresh issue of 7.43 crore shares worth ₹721 crore and an offer for sale of 0.53 crore shares worth ₹51 crore. The price band was set at ₹92–₹97 per share.

For retail investors, the minimum application size was 148 shares, requiring an investment of ₹14,356 at the upper price band. Small NIIs needed at least 2,072 shares (₹2,00,984), while large NIIs had a minimum lot size of 10,360 shares (₹10,04,920).

How to Check IPO Allotment Status

Applicants can verify their allotment status through:

✔ BSE Website:

1. Visit the BSE IPO allotment page.

2. Select “Equity” under Issue Type.

3. Choose Vikran Engineering Limited from the dropdown.

4. Enter your application number and PAN.

5. Complete the captcha and click Search.

✔ Bigshare Services (Registrar):

1. Visit Bigshare Services’ IPO allotment page.

2. Select Vikran Engineering Limited from the dropdown.

3. Choose Application Number, Beneficiary ID, or PAN.

4. Enter details, confirm the captcha, and click Search.

Grey Market Premium (GMP)

As of September 1, the GMP for Vikran Engineering IPO stood at ₹6, indicating an estimated listing price of around ₹103, which suggests a 6.19% premium over the issue price.

Listing Date

Shares of Vikran Engineering will list on BSE and NSE on Wednesday, September 3, 2025.