How to Check Vikran Engineering IPO Allotment, GMP and Listing Timeline

The much-awaited Vikran Engineering IPO has completed its allotment process on Monday, September 1, 2025. Backed by strong investor interest across categories, the issue witnessed high subscription numbers during its three-day bidding period. With the allotment now finalized, investors are keen to know how to check their allotment status, the grey market premium (GMP), and the expected listing date. Here’s a complete breakdown.

Vikran Engineering IPO Subscription Details

The Vikran Engineering IPO opened for bidding on August 26, 2025, and closed on August 29, 2025. The public issue drew solid demand from institutional as well as retail investors.

• Overall subscription: 24.87 times

• Retail Investors: 11.56 times

• Qualified Institutional Buyers (QIBs): 20.51 times (excluding anchor investors)

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

This overwhelming response highlights the market’s confidence in the company’s growth outlook.

IPO Size and Price Band

The Vikran Engineering IPO was a book-built issue worth ₹772 crore, consisting of both a fresh issue and an offer for sale (OFS).

• Fresh issue: 7.43 crore shares aggregating to ₹721 crore

• Offer for Sale (OFS): 0.53 crore shares worth ₹51 crore

The price band was fixed between ₹92 to ₹97 per share.

Lot Size and Investment Details

The IPO had clearly defined minimum lot sizes for different investor categories:

• Retail Investors: Minimum application of 148 shares, costing ₹14,356 at the upper price band.

• Small Non-Institutional Investors (sNIIs): Minimum 2,072 shares (14 lots) requiring an investment of ₹2,00,984.

• Big Non-Institutional Investors (bNIIs): Minimum 10,360 shares (70 lots) requiring ₹10,04,920.

This segmentation allowed broad participation from both small and large investors.

How to Check Vikran Engineering IPO Allotment Status

Investors who applied for shares can check their allotment status through two primary platforms – the BSE website and the IPO registrar, Bigshare Services Pvt Ltd.

Steps to Check Allotment via BSE Website

1. Visit the official BSE website.

2. Under Issue Type, select Equity.

3. From the dropdown, choose Vikran Engineering Limited.

4. Enter your Application Number and PAN.

5. Complete the captcha and click Search.

Steps to Check Allotment via Bigshare Services Pvt Ltd

1. Visit the Bigshare Services IPO allotment page.

2. Select Vikran Engineering Limited from the dropdown.

3. Choose any one option – Application Number, Beneficiary ID, or PAN.

4. Enter the required details and captcha.

5. Click on Search to view your allotment status.

Vikran Engineering IPO Grey Market Premium (GMP)

As of September 1, 2025, the grey market premium (GMP) for the Vikran Engineering IPO stood at ₹6.

• Upper price band: ₹97 per share

• Estimated listing price: ₹103 per share

• Expected listing gain: Around 6.19% for successful allottees

The GMP suggests a modest but positive listing sentiment.

Vikran Engineering IPO Listing Date

The shares of Vikran Engineering Limited are scheduled to be listed on both the BSE and NSE. The tentative listing date is set for Wednesday, September 3, 2025. Investors will be closely watching the stock’s debut performance on the exchanges.

Conclusion

The Vikran Engineering IPO received an overwhelming response with nearly 25 times subscription. With allotment completed, investors can now check their status through BSE or Bigshare Services. The grey market premium indicates a likely positive listing, with shares expected to list around ₹103. The official listing is scheduled for September 3, 2025, marking the company’s debut in the public markets.