Overview
- Vikran Engineering drew bids for about 15.46 times its offer by 2:15 p.m. IST on Day 3, with QIBs 4.34x, NIIs 9.35x and retail 44.57x, according to exchange data cited by Business Today.
- Anlon Healthcare closed around 4.75 times subscribed overall, led by retail at 32.78x, with QIBs at 1.01x and NIIs at 4.72x as of 12:15 p.m. IST, per NSE figures reported by Republic.
- Grey‑market trackers showed Vikran’s GMP near Rs 12 (about 12% over the Rs 97 cap) and Anlon’s near Rs 5 (about 5–6% over the Rs 91 cap), an unofficial gauge of expected listing prices.
- The basis of allotment for both IPOs is slated for Sept. 1, with tentative listings on the BSE and NSE on Sept. 3.
- Vikran’s Rs 772 crore offer includes a Rs 721 crore fresh issue largely for working capital, while Anlon’s Rs 121.03 crore issue is entirely fresh for capex, working capital and partial debt repayment.