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Vikram Solar Limited

Vikram Solar Limited

Company website
Vikram Solar Limited plans to raise ₹6,26,31,605 crore via IPO. That includes a fresh infusion of ₹4,51,80,723 crore and an OFS worth ₹1,74,50,882 crore.
Apply from 19-08-2025 until 21-08-2025. Allotment and tentative listing are scheduled for 22-08-2025 and 26-08-2025. Quick tip: check lot size and valuation before bidding.
Start Date19-08-2025
End Date21-08-2025
Listing Date26-08-2025
Allotment Date22-08-2025
Current Price₹338
GMP₹35 (10.54%)
Lot Size45 Shares
Subscription56.41 Times
Face Value₹10 per share
Listing atNSE, BSE
Issue Price₹315 - ₹332
Pre Issue₹31,65,36,309
Post Issue₹36,17,17,031
Issue Size₹6,26,31,605
(aggregating up to 2079.37 Cr)
Fresh Issue₹4,51,80,723
(aggregating up to 1500.00 Cr)
Offer For Sale₹1,74,50,882
(aggregating up to 579.37 Cr)
The Grey Market Premium (GMP) for Vikram Solar Limited is currently around ₹35 (10.54%). This indicates an estimated listing price of approximately ₹350 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.

Gmp Details

Last UpdatedIPO PriceGMPEstimated Listing Price
26 Aug 2025, 05:32
₹332
₹35
₹367 (10.54%)
25 Aug 2025, 12:42
₹332
₹38
₹370 (11.45%)
22 Aug 2025, 18:31
₹332
₹39
₹371 (11.75%)
21 Aug 2025, 11:17
₹332
₹52
₹384 (15.66%)
20 Aug 2025, 11:19
₹332
₹48
₹380 (14.46%)
19 Aug 2025, 12:55
₹332
₹47
₹379 (14.16%)
18 Aug 2025, 12:11
₹332
₹52
₹384 (15.66%)
14 Aug 2025, 06:58
₹332
₹66
₹398 (19.88%)
13 Aug 2025, 12:05
₹332
₹68
₹400 (20.48%)
12 Aug 2025, 17:01
₹332
₹68
₹400 (20.48%)

Financials overview In Crores

Here is a quick look at the recent financial performance of Vikram Solar Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.

Key Performance

KPIMar-25Mar-24Mar-23
EPS
4.61
3.08
0.56
ROE
16.57
19.67
4.05
ROCE
24.49
20.76
12.78
RONW
11.26
17.90
3.97
PRE IPO(PE)
0
0
0
POST IPO(PE)
0
0
0

Subscription Demand (in ₹ Crore)

CategoryOfferedDemandTimes
QIBs
₹413.87
60052.72
145.10
RETAIL
₹724.28
5757.64
7.95
NIB
₹310.41
16413.46
52.88
HNIs 2+
₹103.47
4084.3
39.47
HNIs 10+
₹206.94
12329.16
59.58
EMPLOYEES
₹10
51.03
5.10
Total
₹1,458.56
82274.85
56.41

Application Wise Breakup (Approx. no of Apps)

CategoryReservedAppliedTimes
HNIs (10L+)
9,894
31,900
3.22
HNIs (2-10L)
4,947
73,150
14.79
RETAIL
4,84,792
15,49,222
3.20
Employee
0
12,822
0.00
Total
4,99,633
16,54,272
3.31
The IPO reservation for Vikram Solar Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.

IPO Reservation

CategoryShares OffersNo. of Shares
Retail
49.66%
2,18,15,640
NII(HNI)
21.29%
93,49,560
QIB
28.37%
1,24,66,080
Employees
0.68%
3,01,205
TOTAL
100.00%
4,39,32,485

Lot(s) Distribution

CategoryLot(s)QtyAmountReserved
Retail (Min)
1
45
₹14,940
0
sHNI
14
630
₹2,09,160
0
bHNI
67
3,015
₹10,00,980
0
Below you can find the official contact details of Vikram Solar Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.

Company Details

Phone: +91 33 2442 7399
Address: Biowonder, Unit No. 1102, 11th Floor, 789, Anandapur Main Road, Eastern Metropolitan Bypass, E.K.T, Kolkata, West Bengal, 700107

IPO Registrar

Name: Link Intime India Private Ltd (MUFG)
Phone: +91-22-4918 6270
Vikram Solar Limited IPO Details — GMP: ₹35 (10.54%) | Grey Market IPO