Vikran Engineering’s Rs 772 crore IPO opened for subscription on August 26 and was fully subscribed within the first two hours. The issue, priced at Rs 92–97 per share, has seen strong demand from retail and non-institutional investors, though QIB participation remains low. Shares are quoting at a 17% premium in the grey market.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets