The wait is finally over for investors who applied for the Vikran Engineering IPO, which was open from August 26 to 29, 2025. The allotment process is being finalized today, September 1, and applicants can now check whether they have been allotted shares. If you receive allotment, the shares will be credited to your demat account by September 2, while refunds for non-allottees will also begin on the same day. The much-anticipated listing of Vikran Engineering is scheduled for September 3, when the company’s stock will debut on both BSE and NSE.

Checking the allotment status is simple and can be done through multiple platforms. The primary registrar, Bigshare Services, allows you to log in on their IPO status portal, select “Vikran Engineering Limited,” and check using your PAN, application number, or client ID. Alternatively, investors can also check through the BSE website by selecting “Equity” under issue type and entering their application number or PAN. Another option is the NSE portal, where applicants can use their PAN and application number to view the allotment details instantly. These quick steps ensure you know where you stand within minutes.

Meanwhile, the Grey Market Premium (GMP) is giving early hints about the possible listing price. As of September 1, Vikran Engineering shares are commanding a GMP of about ₹6 per share, pointing to a potential listing around ₹103, which is roughly a 6% gain over the issue price of ₹97. Just a few days earlier, the GMP was higher—hovering in the 12% to 17% range—indicating that market sentiment has cooled slightly as allotment day arrived. Still, it reflects positive investor appetite, though one must remember that GMP is unofficial and does not guarantee actual listing performance.

For now, the most important step for investors is to check their allotment status today. Those who get shares can expect them in their demat tomorrow and prepare for the stock’s September 3 debut. While the GMP suggests a modest premium, the real action will unfold on listing day when market demand ultimately determines Vikran Engineering’s opening price.