Vikran Engineering IPO Subscription History

As of September 03, 2025, the Vikran Engineering IPO has been subscribed 23.59 times overall. The IPO is fully subscribed with strong investor demand.

The Vikran Engineering IPO subscription window was open from August 26, 2025 to August 29, 2025. Investors could apply through their demat account or ASBA facility.

The Vikran Engineering IPO has a price band of ₹92 to ₹97 per share, with a lot size of 148 shares. Minimum retail investment: ₹13,616 (lower band) or ₹14,356 (upper band).

The QIB category has been subscribed 19.45 times. QIBs were offered 16,782,608 shares. Strong QIB subscription indicates high institutional confidence.

Retail investors subscribed 10.97 times. Retail was offered 29,369,564 shares. High retail subscription reflects strong small-investor interest.

Overall NII: 58.58×. bNII (>₹10L): 66.71×, sNII (<₹10L): 42.32×. NII includes HNIs and corporate entities investing above ₹2 lakh.

Basis of allotment is on September 01, 2025. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

Vikran Engineering IPO is expected to list on September 03, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

A subscription multiple of 23.59× means investors have bid for 23.59 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

Based on the current retail subscription of 10.97×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

You can apply for Vikran Engineering IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Aug 26 to Aug 29, 2025.

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Vikran Engineering IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.