Vikran Engineering IPO
Vikran Engineering IPO is a mainboard IPO raising ₹772 Cr at ₹92 – ₹97 a share. It listed on 3 Sept 2025 and trades at ₹71 today, −26.8% against its issue price of ₹97. It was subscribed 24× in total.
23.6 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 1,67,82,608 | 32,64,46,412 | 19× |
| Foreign Institutional Investors | no separate quota | 11,48,83,964 | n/a |
| Domestic Financial Institutions | no separate quota | 7,21,94,104 | n/a |
| Mutual funds | no separate quota | 1,28,020 | n/a |
| Others | no separate quota | 13,92,40,324 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 1,25,86,956 | 73,73,70,484 | 59× |
| Non Institutional Investors | 83,91,304 | 55,98,15,180 | 67× |
| Corporates | no separate quota | 53,30,516 | n/a |
| Individuals | no separate quota | 52,40,97,896 | n/a |
| Others | no separate quota | 3,03,86,768 | n/a |
| Non Institutional Investors | 41,95,652 | 17,75,55,304 | 42× |
| Corporates | no separate quota | 4,09,516 | n/a |
| Individuals | no separate quota | 16,77,78,128 | n/a |
| Others | no separate quota | 93,67,660 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 2,93,69,564 | 32,21,02,612 | 11× |
| Cut Off | no separate quota | 26,06,26,520 | n/a |
| Price bids | no separate quota | 6,14,76,092 | n/a |
| Total | 5,87,39,128 | 1,38,59,19,508 | 24× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:15 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.