Vikran Engineering IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Vikran Engineering IPO Allotment process is expected to be finalised today, on September 1, 2025. The company launched its ₹772 crores IPO on August 26, 2025, for public subscription. 

Vikran Engineering Ltd provides end-to-end turnkey solutions, including conceptualisation, design, supply, installation, testing, and commissioning. The company's shares will be listed on both the BSE and NSE, with a tentative listing date scheduled on September 3, 2025.

Here's how you can check the allotment status on NSE, BSE and the registrar’s websites.

Steps to Check Vikran Engineering IPO Allotment Status on NSE

Here is the process to check Vikran Engineering on NSE:

1. Open the Application Status page of NSE here. 
2. Choose 'Equity & SME IPO bid details'. 
3. Select 'Vikran Engineering Ltd' from the list of companies. 
4. Enter your IPO application number and PAN details. 
5. Click on the submit button to check the details of the share allotment. 

Steps to Check Vikran Engineering IPO Allotment Status on BSE 

Here is the process to check Vikran Engineering IPO Allotment Status on BSE 

1. Open the Application Status page of BSE here. 
2. Choose 'equity' as the issue type. 
3. Select 'Vikran Engineering Ltd’ from the list of companies. 
4. Enter your IPO application number and PAN details. 
5. Verify the captcha by clicking on the 'I am not a Robot' box. 
6. Click on the submit button to check the details of the share allotment.

Steps to Check Vikran Engineering IPO Allotment Status on Bigshare Services Pvt Ltd (Registrar to the issue)

Here is the process to check Vikran Engineering IPO Allotment Status on the registrar’s website:

• Visit the Bigshare Services’ IPO allotment status page here. 
• Click any of the server links. 
• In Company Selection, select “Vikran Engineering Ltd”
• Enter any of the following details: 
• • Application Number, 
  • Beneficiary ID or 
  • PAN. 
• Enter the captcha and click “Search.”

Vikran Engineering IPO Overall Subscription Status

[29 August, 2025, End of the day]

Vikran Engineering IPO Details

Vikran Engineering's IPO was a book-building issue of ₹772 crores. The issue consisted of a fresh issue of 7.43 crore shares, aggregating to ₹721 crores, and an offer for sale (OFS) of 0.53 crore shares, aggregating to ₹51 crores.

The IPO price band was set between ₹92 and ₹97 per share. The minimum lot size for an application was 148, and the minimum amount of investment required by a retail investor was ₹13,616 (148 shares). 

Pantomath Capital Advisors Pvt. Ltd. and Systematix Corporate Services Limited were the book running lead managers, and Bigshare Services Pvt. Ltd. was the registrar of the issue.

Utilisation of Proceeds

The Company will utilise the net proceeds from the issue for the following purposes:

• Funding the working capital requirements of the Company.
• General corporate purposes.

Vikran Engineering Ltd GMP Details

According to InvestorGain, the Grey Market Premium (GMP) of Vikran Engineering Ltd stood at ₹6 as of September 1, 2025, 7:00 a.m. This indicates that the estimated listing price would be ₹103, from the upper price band, which is ₹97. The estimated gain per share is 6.19%.

Vikran Engineering Ltd- Business Overview

Vikran Engineering Limited, established in 2008, is a prominent EPC (Engineering, Procurement & Construction) firm based in Mumbai. The company provides end-to-end turnkey solutions, including conceptualisation, design, supply, installation, testing, and commissioning. It primarily serves the energy, water, and railway sectors and is now expanding into the solar infrastructure sector.

In FY25, Vikran reported revenues of ₹916 crore, up from ₹786 crore in FY24, with PAT rising to ₹78 crore. Net worth expanded to ₹468 crore, while the debt/equity ratio improved to 0.58, reflecting financial strength and stability.

Explore other Upcoming IPOs on BSE and NSE.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory. 

To read the RA disclaimer, please click here.