Vikran Engineering IPO Subscription Status
Vikran Engineering IPO was subscribed 24.87 times when bidding closed on 29 Aug 2025: QIB 20.51x, NII 61.77x, Retail 11.56x.
The Vikran Engineering IPO has been subscribed 24.87x times overall. Retail investors have shown interest with bids for 11.56x the shares available. The Non-Institutional Investor (NII) category has been subscribed 61.77x. Within NII, Big HNI (B-HNI) subscribed 70.34x and Small HNI (S-HNI) subscribed 44.62x. Qualified Institutional Buyers (QIBs) have subscribed 20.51x. Data last updated on 10 Nov, 01:05 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 26 Aug, 2025 and closes on 29 Aug, 2025. The shares are expected to list on stock exchanges on 03 Sep, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 20.51x |
| NII | - of - - | 61.77x |
bHNI — bid amount above ₹10 Lakh |
- - | 70.34 |
sHNI — bid amount ₹2–10 Lakh |
- - | 44.62 |
| Retail | - of - - | 11.56x |
| TOTAL | - 19,14,012 applications - | 24.87x |
Vikran Engineering IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹97.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 17.53x subscribed | 19,14,012 | 1,94,046 | 1 out of 91 out of 9 |
Vikran Engineering IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 8.7% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 20.51x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
29 Aug 2025
Day 3 |
24.87x | ▼ | |
|
QIB20.51x
BHNI70.34x
SHNI44.62x
Retail11.56x
|
|||
|
28 Aug 2025
Day 2 |
5.24x | ▼ | |
|
QIB0.91x
BHNI11.08x
SHNI10.93x
Retail5.23x
|
|||
|
26 Aug 2025
Day 1 |
2.38x | ▼ | |
|
QIB0.41x
BHNI5.47x
SHNI4.53x
Retail2.32x
|
|||
Vikran Engineering IPO dates
From the bidding window to listing. Today is 10 November.
- Open 26 Aug 2025
- Close 29 Aug 2025
- Allotment 01 Sep 2025
- Refund/credit 02 Sep 2025
- Listing 03 Sep 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Vikran Engineering IPO?
As of IPO close date (29 Aug, 2025), the Vikran Engineering IPO is subscribed 24.87x times. Retail category is 11.56x, and NII is 61.77x subscribed.
When is the allotment date for Vikran Engineering IPO?
The allotment for Vikran Engineering IPO is expected to be finalized on 01 September, 2025.
What is the GMP of Vikran Engineering?
The Grey Market Premium (GMP) for Vikran Engineering is currently ₹5, indicating a potential listing gain of 5%.
When will Vikran Engineering IPO list on the stock market?
Vikran Engineering is scheduled to list on BSE and NSE on 03 September, 2025.
What are the chances of getting allotment in Vikran Engineering IPO?
The retail category is oversubscribed at 11.56x, meaning allotment is by lottery. Statistically, approximately 1 in 12 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 20.51x mean for Vikran Engineering IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 20.51x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Vikran Engineering IPO allotment status?
After the allotment date (01 Sep, 2025), you can check your Vikran Engineering IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Vikran Engineering IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
