The allotment process for Vikran Engineering Ltd’s ₹772 crores IPO is expected to be finalised on Monday, September 1, 2025. Subscription for the IPO closed on August 29, 2025. Bidding for the IPO was from August 26 to August 29, 2025 and was priced between ₹92 and ₹97 per share. The IPO of Vikran Engineering Ltd comprised a fresh issue and an offer for sale aggregating up to ₹721 crores and ₹51 crores, respectively.
As of 28th August, 2025, the IPO of Vikran Engineering Ltd was subscribed 0.96 times by qualified institutional buyers, 5.52 times by retail individual investors and 11.68 times by non-institutional investors. To learn more about the Vikran Engineering IPO
The company proposes to utilise the IPO proceeds for:
If you want to check the allotment status of Vikran Engineering Ltd IPO, you can do so online via:
(As On, 29th August 2025, 5:00 PM)
Date | Total (mobile_header) | QIB (Ex Anchor) (mobile_header) | NII (mobile_header) | NII (> ₹10L) (mobile_header) | NII (< ₹10L) (mobile_header) | Retail (mobile_header) |
---|---|---|---|---|---|---|
Day 1 | 2.51 | 0.43 | 5.43 | 5.76 | 4.78 | 2.44 |
Day 2 | 5.52 | 0.96 | 11.63 | 11.68 | 11.52 | 5.52 |
Day 3 | 24.87 | 20.51 | 61.77 | 70.34 | 44.62 | 11.56 |
Event (mobile_header) | Date (mobile_header) |
---|---|
IPO opened on | August 26, 2025 |
IPO closed on | August 29, 2025 |
Basis of allotment | September 1, 2025 |
Initiation of refunds | On or about September 2, 2025 |
Credit of shares to Demat account | On or about September 2, 2025 |
Listing date | On or about September 3, 2025 |
You can check your IPO allotment status through the following methods:
• Visit the official website of Bigshare Services Pvt Ltd • Choose IPO Allotment Status from ‘Services’ • Click on any one of the servers • Choose ‘Company Name’ from dropdown • Enter either your application number, CAF number or beneficiary ID • Enter captcha and click on ‘Submit’ to know the status
The National Stock Exchange (NSE) has an IPO bid verification module. You can use it to check the status of Vikran Engineering Ltd. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'. On the NSE IPO Bid Verification page, enter:
Then click 'Submit' to know the allotment status.
Make sure to keep your PAN/Application Number/DP ID ready while checking allotment status.
If you didn’t receive allotment:
Refunds will be initiated on or about September 2, 2025
The amount will be credited to your bank account linked to UPI
On the other hand, if allotted shares will reflect in your Demat by September 2, 2025.
The shares are expected to be listed on BSE and NSE on or about September 3, 2025. You can track listing gains/losses on Kotak Securities.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here. Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.