Vikran Engineering Ltd. will finalise the share allotment status of its ₹772-crore initial public offering (IPO) on Monday, September 1.
The IPO, which opened on August 26 and closed on August 29, was subscribed 23.59 times overall, reflecting strong investor demand across categories. According to exchange data, the issue received bids for 138 crore shares against 5.87 crore shares on offer.
Subscription details
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Retail investors: 10.96 times
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Non-Institutional Investors (NIIs): 58.58 times
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Qualified Institutional Buyers (QIBs): 19.45 times
The IPO included a fresh issue of 7.43 crore shares worth ₹721 crore and an offer-for-sale (OFS) of 53 lakh shares worth ₹51 crore. Proceeds from the issue will be utilised to meet working capital requirements and for general corporate purposes.
How to check allotment status
On BSE:
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Visit the IPO allotment page: BSE IPO Allotment Link
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Select Equity as issue type
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Choose Vikran Engineering Ltd from dropdown
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Enter Application Number or PAN
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Click Search to view allotment status
On Bigshare Services (Registrar):
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Go to: Bigshare IPO Allotment Page
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Select one of the three server links
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Choose Vikran Engineering from dropdown
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Enter PAN, Application Number, or DP/Client ID
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Click Search
Applicants can also check their status via NSE’s IPO allotment page using PAN and application details.
Key dates
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September 2, 2025: Shares credited to Demat accounts of successful bidders; refunds to non-allottees initiated
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September 3, 2025: Tentative listing on BSE and NSE
