Vikram Solar Limited

Vikram Solar Limited

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₹14,940(45 Shares)

Minimum Investment

IPO Dates

Aug 19, 2025 – Aug 21, 2025

Price Band

₹315–332 per equity share

Lot Size

45

Listing

Aug 26, 2025

Listing At

BSE, NSE

Aug 19, 2025Open DateCompleted
Aug 21, 2025Close DateCompleted
TBAAllotment DateUpcoming
Aug 26, 2025Listing DateCompleted

Vikram Solar Limited Live Subscription Details

All IPOs
QIB142.79x
Retail7.64x
NIIs
50.90x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

57.35x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

37.99x

Overall Subscription

Total Bids Received

54.62x

Vikram Solar Limited IPO Issue Details

Issue Price
₹315-332 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
4,51,80,722 shares(aggregating up to ₹1500 crore)
Listing At
BSE, NSE
Listing Date
Aug 26, 2025
Registrar
MUFG Intime India Private Limited (Link Intime)

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)14630₹2,09,160
sHNI (Max)662,970₹9,86,040
bHNI (Min)673,015₹10,00,980

Reservation Details

NII14.93%

Shares Offered

93,49,560

QIB19.9%

Shares Offered

1,24,66,080

Anchor29.86%

Shares Offered

1,86,99,120

Company Information

Founded in 2005, Vikram Solar Limited is a manufacturer of solar photo-voltaic (PV) modules.Key Activities:Solar Photovoltaic (PV) Module Manufacturing: With expertise in manufacturing high-efficiency...

Valuations

EPS (Pre-IPO)

4.42

EPS (Post-IPO)

3.87

P/E (Pre-IPO)

75.16

P/E (Post-IPO)

85.88

RoNW

11.26%

PAT Margin

4.08%

P/B Value

8.46

Financial Information (₹ in Crores)

MetricFY 25FY 24FY 23
Total Assets2832.152585.52476.29
Total Revenue3459.532523.962091.91
Profit After Tax139.8379.7214.49
Net Worth1241.99445.42365.2

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Partial funding of capital expenditure for the Phase-I Project.
  2. 2Funding of capital expenditure for the Phase-II Project
  3. 3General Corporate Purposes

Vikram Solar Limited – Promoter(s)

Gyanesh Chaudhary
Gyanesh Chaudhary Family Trust
Vikram Capital Management Private Limited

Contact Details

Corporate Office

Biowonder, Unit No. 1102, 11th Floor, 789, Anandapur Main Road, Eastern Metropolitan Bypass, E.K.T,, Kolkata, West Bengal, 700107

+91 33 2442 7399

secretarial@vikramsolar.com

Visit Website

Vikram Solar Limited Allotment & Registrar Details

Check Allotment

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

vikramsolar.ipo@linkintime.co.in

Visit Registrar Website

Vikram Solar Limited IPO Documents

Frequently Asked Questions — Vikram Solar Limited IPO

The Vikram Solar Limited IPO price band is set at ₹315.00 to ₹332.00 per equity share.

The lot size for Vikram Solar Limited IPO is 45 shares per lot. The minimum investment amount is approximately ₹14,940.

The Vikram Solar Limited IPO opens on Aug 19, 2025 and closes on Aug 21, 2025.

Vikram Solar Limited IPO is expected to be listed on Aug 26, 2025 on BSE, NSE.

The current GMP for Vikram Solar Limited IPO is ₹34, suggesting an expected listing price of around ₹349.00. Note: GMP is an unofficial market indicator.

The registrar for Vikram Solar Limited IPO is MUFG Intime India Private Limited (Link Intime). You can contact them at vikramsolar.ipo@linkintime.co.in.

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