Vikran Engineering IPO Allotment Today: How to Check Status on BSE, NSE, Bigshare Services

Vikran Engineering Ltd’s ₹772 crore IPO allotment is expected to be finalized today, September 1, 2025, after witnessing robust investor demand. The EPC (engineering, procurement, and construction) firm’s shares are slated to list on the BSE and NSE on September 3, 2025.

IPO Snapshot at a Glance

♦ Allotment date: Likely today, Sept 1, 2025

♦ Listing date: Sept 3, 2025

♦ Issue size: ₹772 crore (₹721 crore fresh issue + ₹51 crore OFS)

♦ Price band: ₹92 – ₹97 per share

♦ Subscription rate: 23.59× overall (RIIs 10.97×, NIIs 58.58×, QIBs 19.45×)

♦ Registrar: Bigshare Services Pvt. Ltd.

♦ Lead manager: Pantomath Capital Advisors Pvt. Ltd.

Grey Market Premium (GMP)

Market observers report a ₹6 per share GMP (➕6%), implying an estimated listing price of ₹103 per share, above the upper price band of ₹97. However, GMP is an unofficial indicator and subject to rapid change.

How to Check Vikran Engineering IPO Allotment Status

Eligible investors can verify share allotment via three official platforms: BSE, NSE, and Bigshare Services (registrar).

1. BSE Portal

♦ 🔗 https://www.bseindia.com/investors/appli_check.aspx

♦ Select Equity → Choose Vikran Engineering Limited → Enter Application No./PAN → Verify captcha → Click Search.

2. NSE Portal

♦ 🔗 https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

♦ Select Equity and SME IPO bids → Choose Vikran Engineering Limited → Enter PAN/Application No. → Submit.

3. Bigshare Services Portal

♦ 🔗 https://ipo.bigshareonline.com/IPO_Status.html

♦ Select Vikran Engineering Limited → Choose Application No./CAF No./Beneficiary ID/PAN → Enter details → Fill captcha → Click Search.

Successful applicants will see allotment confirmation on-screen. Equity shares will be credited to demat accounts on Sept 2, 2025, while refunds for non-allottees will also be initiated the same day.

Why This IPO Stood Out

♦ Strong demand across categories – Retail (10.97×), HNI (58.58×), and institutional (19.45×) investors drove high subscription.

♦ Balanced issue structure – Fresh equity to fund growth plus limited OFS, signaling promoter confidence.

♦ Sector positioning – EPC growth pipeline and steady order book add to long-term appeal.

Key Takeaways for Investors

♦ Allotment finalization today (Sept 1).

♦ Shares credited/refunds initiated tomorrow (Sept 2).

♦ Listing on BSE & NSE on Sept 3, with modest GMP suggesting ~6% premium.

♦ Check status only via official portals to avoid misinformation.