New Delhi, Aug. 27 -- The initial public offerings of Vikran Engineering and Anlon Healthcare, which began accepting subscriptions on Tuesday, August 26, experienced successful bidding on their inaugural day.

Vikran Engineering, an infrastructure EPC firm, achieved 2.38 times subscription on the first day of bidding. The non-institutional investors segment attracted a subscription rate of 5.15 times, while the portion allocated for retail individual investors was subscribed 2.32 times. The qualified institutional buyers segment saw a 41 percent subscription rate.

On the other side, Anlon Healthcare IPO subscription status stood at 1.69 times on day one. The retail segment was subscribed at 8.99 times, with the non-institutional investor...