Vikran Engineering Limited IPO
Vikran Engineering Limited was a mainboard IPO in the Civil Construction sector, offered at ₹92–₹97 per share to raise ₹772 crore. The issue was subscribed 23.59× overall (QIBs 19.45×, NIIs 58.58×, retail 10.97×). It listed on 3 Sep 2025 at ₹99 and closed its first day at ₹96, a listing loss of -1.3% versus the ₹97 issue price. It now trades around ₹53 (-45.8% versus the issue price).
Frequently asked questions
- How many times was the Vikran Engineering Limited IPO subscribed?
- The Vikran Engineering Limited IPO was subscribed 23.59× overall — 19.45× in the QIB category, 58.58× among non-institutional investors, 10.97× in retail.
- What were the Vikran Engineering Limited IPO listing gains?
- Vikran Engineering Limited listed on 3 Sep 2025 at ₹99, closing its first day at ₹96 — a listing loss of -1.3% versus the ₹97 issue price.
- What were the retail allotment odds for the Vikran Engineering Limited IPO?
- Retail was subscribed 10.97×, so a single-lot application had roughly a 9.1% chance of allotment (about 1 in 11), and allotment was finalised on 1 Sep 2025.
- What was the price band and lot size of the Vikran Engineering Limited IPO?
- The price band was ₹92–₹97 per share, with a minimum lot of 148 shares (₹14,356 at the upper band).
- Who were the registrar and lead manager for the Vikran Engineering Limited IPO?
- Bigshare Services Private Limited was the registrar, and Pantomath Capital Advisors was the book-running lead manager.