Summary of this article
Vikran Engineering IPO share allotment likely to be finalised on September 1
Applicants can check their allotment status online via Bigshare Services, NSE and BSE websites
Vikran Engineering IPO was subscriber 23.59 times the shares on offer
The Rs 772 crore initial public offering (IPO) of Vikran Engineering garnered strong subscription from investors in all categories. The share allotment is expected to be finalised on September 1, 2025, and shares are set to debut on September 3 on both the exchanges – National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
The issue received total bids for 1.38 billion shares as against 58.74 million shares on offer, translating to an overall subscription of 23.59 times. The qualified institutional buyers’ (QIB) quota was subscribed 19.45 times, the non-institutional investors’ (NII) segment 58.58 times, and the retail investors’ category 10.97 times.
The mainboard IPO comprised a fresh issue of 74.3 million shares worth Rs 721 crore and an offer for sale of 5.3 million shares amounting to Rs 51 crore.
The company plans to use the net proceeds for funding working capital requirements of the company and for general corporate purposes, as per the red herring prospectus (RHP) of the issue.
Vikran Engineering, founded in 2008, is an Engineering, Procurement, and Construction (EPC) company working in power, water, railway, and solar infrastructure. According to RHP, it has completed 45 projects across 14 states, with a total executed value of Rs 1,919.9 crore, as of June 30, 2025. Further, it has 44 ongoing projects across 16 states under, with an order book of Rs 2,442.4 crore.
Vikran Engineering IPO: How To Check Allotment Online
Applicants of the Vikran Engineering IPO can check their allotment from the official websites of the registrar of the issue, which is Bigshare Services Pvt Ltd in this case. Applicants can also check the status from the websites of NSE and BSE.
How To Check Vikram Solar IPO Allotment Status Online Via Bigshare Services Website
Go to Bigshare Services website
Scroll down and click on "IPO Allotment Status" tab
Click on either of the three server links
On the page that appears, select Vikran Engineering Ltd as company name
Select either application number, PAN number or beneficiary ID
Type the captcha
Click on "Search"
Your allotment status will be displayed
How To Check Vikram Solar IPO Allotment Status Online Via BSE Website
Go to the official website of BSE
Click on the "Investors" section
Navigate to the "Investor Services" tab and click on "Status of the Issue Application"
On the next page, click on "Check Status", or on the hyperlinked "Application Status Check" text at the lower end of the page
In the form that appears, select issue type as "Equity"
Under the "Issue Name", select "Vikran Engineering"
Enter either your application number or PAN card number
Complete the captcha by clicking on "I'm not a robot"
Click on "Search"
Your IPO allotment status will be displayed on the screen
How To Check Vikram Solar IPO Allotment Status Online Via NSE Website
Go to NSE's official website
Navigate to the "Invest" tab and click on the "Resources & Tools" section
Navigate to "Check Trades/Bids" and click on "Verify IPO bids"
From the form that appears, click on "Equity & SME IPO bid details"
Under the "Select Symbol" option, select "VIKRAN"
Enter either your PAN card number or application number
Click on "Submit"
Your IPO application status will be displayed
