Vikran Engineering IPO
Engineering - Listed on 03 September 2025
Vikran Engineering IPO listing summary
Vikran Engineering (Engineering) closed its IPO window in 2025 and listed on NSE and BSE on 03 September 2025 at an upper band issue price of Rs 97, opening at Rs 99 for a listing gain of +2.1% and closing day one at Rs 95.71 (-1.3% on closing basis). The IPO was subscribed 23.59x overall - QIB 19.45x, HNI/NII 58.58x, Retail 10.97x. The total issue size was Rs 772 Cr (Fresh Issue Rs 721 Cr, OFS Rs 51 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Vikran Engineering IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 20 | +20.62% |
| Day 2 | Rs 18 | +18.56% |
| Day 3 | Rs 22 | +22.68% |
| Day 4 | Rs 15 | +15.46% |
| Day 5 | Rs 11 | +11.34% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Vikran Engineering IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Vikran Engineering IPO - FAQs
What was the listing gain of Vikran Engineering IPO?
Vikran Engineering IPO listed at +2.1% versus the upper issue price of Rs 97 on 03 September 2025.
How many times was Vikran Engineering IPO subscribed?
Vikran Engineering IPO was subscribed 23.59x overall. QIB portion was subscribed 19.45x, HNI / NII 58.58x and Retail 10.97x.
What was the IPO GMP for Vikran Engineering?
IPO GMP started at Rs 20 on Day 1 and moved to Rs 11 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.