Vikran Engineering IPO GMP hints at 12% listing pop on day 3. Should you subscribe? Key details here

Vikran Engineering’s initial public offering is witnessing strong demand on the third and final day of bidding on Friday, with overall subscription at 5.62 times so far, driven by retail and non-institutional investors. A grey market premium of Rs 12 points to a potential 12% listing gain, leaving investors to weigh whether the issue is worth backing.