Vikran Engineering IPO Allotment Out? Check Date, How To Check Allotment Status, IPO GMP Today, Other Details

Vikran Engineering IPO Allotment: Vikran Engineering IPO subscription concluded with significant interest last week. The Rs 772 crore IPO was subscribed around 24.87 times as it witnessed robust participation in the NII, QIB and even the retail category. With its conclusion, investors are eagerly waiting for details about Vikran Engineering's IPO allotment.

Is Vikran Engineering IPO Allotment Out?

Vikran Engineering IPO allotment is not out yet and is expected to be finalised on Monday, September 1. Vikran Engineering IPO opened for subscription on Tuesday, September 2 and concluded on Friday, August 29. Investors who applied for the IPO can check their allotment status once it is released on the BSE and NSE websites. Investors can also check their Vikran Engineering IPO allotment status on the registrar website, ie Bigshare Services.

Vikran Engineering IPO Allotment: How To Check Status on BSE?

-Visit the BSE website.
-Scroll down on the BSE home page to select the option 'Status of Issue Application'.
-You can directly go to that page by clicking on this link: https://www.bseindia.com/investors/appli_check.aspx
-Select the 'Equity' option.
-Select 'Vikran Engineering IPO' as issue name.
-Enter your application number or 'PAN' number.
-Check mark on 'I am not a robot' option.
-Click on search.

Vikran Engineering IPO Allotment: How To Check Status On NSE?

-Go to the NSE IPO allotment page. Click on the link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

-Select the 'Equity & SME IPO bid details'.
-Navigate the drop down menu.
-Choose 'VIKRAN' symbol from the list of symbols mentioned on NSE.
-Enter your PAN and application number.
-Click and submit to view your allotment details.

Vikran Engineering IPO Allotment: How To Check Status On Registrar Website?

-Visit the official website of Vikran Engineering IPO registrar, ie Bigshare Services.
-Go to the home page, and scroll down at the bottom.
-Select the option of 'IPO allotment status'
-Click on the relevant server option.
-Select 'Vikran Engineering' as the company. The option is not available as Vikran Engineering IPO allotment is not confirmed yet.
-Once it is finalised, investors would be able to see 'Vikran Engineering' in the dropdown option in 'Select Company'
-Select the type of information you would like to provide, ie 'Application Number', 'Beneficiary ID', 'PAN number'.

Vikran Engineering IPO GMP Today

Vikran Engineering IPO's last GMP stood at Rs 6, according to investor gain. Which means that the IPO listing price is expected to be Rs 97 (sum of latest GMP and upper price band). The expected percentage gain or loss per share is 6.19%.

About Vikran Engineering IPO

The company has fixed a price band at Rs 92 to Rs 97 per share. The IPO's lot size for application is 148. Which means that the retail investors are required to invest a minimum amount of Rs 14,356 for 148 share. The lot size investment for sNII is 14 lots amounting to Rs 2,00,984. For bNII, its lot size is 70, equivalent to 10,360 shares amounting to Rs 10,04,920.