Data sourced from BSE & NSE · Compiled by IPO Ji · IPO subscription data last updated
Total 24.87x·QIB 20.51x·NII 61.76x·Retail 11.56x
Based on retail subscription by applications (9.80×), approximately 1 in 10 retail applications may receive an allotment. Final allotment is decided by the registrar’s computerised lottery.
Vikran Engineering Limited Mainboard IPO was subscribed 24.87x in total when bidding closed on Aug 29, 2025, with 20.51x in the QIB category, 61.76x in NII, 11.56x in retail across BSE and NSE. This represents a strong oversubscription, reflecting heavy investor demand; a high subscription figure does not guarantee listing gains, and allotment follows the applicable category and exchange rules. The issue ran from Aug 26, 2025 to Aug 29, 2025 at a price band of ₹92–₹97 per share. Allotment was finalised on Sep 1, 2025.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 15917527 | 326446412 | 20.51 |
| NIIs | 11938144 | 737358052 | 61.76 |
| BNIIs (>10L) | 7958763 | 559815180 | 70.34 |
| SNIIs (<10L) | 3979381 | 177542872 | 44.62 |
| Retail | 27855670 | 321925604 | 11.56 |
| Total | 55711341 | 1385730068 | 24.87 |
| Total Applications19,81,679 approx. |
|||
| Category | Reserve | Applied | Times |
|---|---|---|---|
| BNIIs (>10L) | 3,841 | 53,362 | 13.89 |
| SNIIs (<10L) | 1,920 | 83,087 | 43.27 |
| Retail | 1,88,213 | 18,43,895 | 9.8 |
| Total Applications19,81,679 approx. |
|||
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 154.4 | 3166.53 | 20.51 |
| NIIs | 115.8 | 7152.37 | 61.76 |
| BNIIs (>10L) | 77.2 | 5430.21 | 70.34 |
| SNIIs (<10L) | 38.6 | 1722.17 | 44.62 |
| Retail | 270.2 | 3122.68 | 11.56 |
| TOTAL | 540.4 | 13441.58 | 24.87 |
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
|
Day 1
26 Aug 2025
5:00 PM
|
0.41x |
5.15x
5.47x
4.53x
|
2.32x | 2.38x |
|
Day 2
28 Aug 2025
5:00 PM
|
0.91x |
11.03x
11.08x
10.93x
|
5.23x | 5.24x |
|
Day 3
29 Aug 2025
5:00 PM
|
19.45x |
58.56x
66.71x
42.25x
|
10.91x | 23.56x |
Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from BSE & NSE.
| Category | Times (by applications) |
|---|---|
| bHNI | 13.00x |
| sHNI | 42.00x |
| Retail | 9.70x |
Because Vikran Engineering closed oversubscribed, applicants were not guaranteed full allotment. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.
A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.
IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →
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