Vikram Solar IPO
ListedQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Vikram Solar IPO Details
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Bidding Date
19-Aug-2025 to
21-Aug-2025 -
Issue Size
₹2079.37 Cr
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Price Band
₹315 to ₹332
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Allotment date
22-Aug-2025
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Listing date
26-Aug-2025
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Lot size
45
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No. of shares
6,26,31,605
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Fresh issue/OFS
₹1500 Cr/₹579.37 Cr
About Vikram Solar Company
Vikram Solar Limited, established over 17 years ago, is one of India’s largest solar photovoltaic (PV) module manufacturers, with an operational capacity of 4.50 GW as of March 31, 2025. The company specializes in producing high-efficiency PV modules, serving both domestic and international markets from its strategically located facilities in West Bengal and Tamil Nadu. Over the years, it has expanded from a 12 MW capacity in 2009 to its current scale, with plans to reach 20.50 GW by Fiscal 2027. Vikram Solar is also diversifying into solar cell manufacturing and battery energy storage systems, aiming to strengthen its leadership in clean energy solutions.
Read our in-depth analysis of the Vikram Solar Ltd IPO Here
Subscription Status
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Category
Status
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QIBs
142.8x
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NIIs
50.9x
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Retail
7.6x
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Others
4.8x
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Total
54.6x
FAQs for Vikram Solar IPO.
What is the issue size of Vikram Solar IPO?
The issue size of Vikram Solar is ₹2,079.37 Cr.
What is the industry of Vikram Solar?
Vikram Solar falls into Energy Equipment & Services industry.
Where Vikram Solar IPO will be listed?
The Vikram Solar IPO will be listed on both NSE and BSE.
What are the open and close dates for the Vikram Solar IPO?
The open and close dates for the Vikram Solar are 19-Aug-2025 & 21-Aug-2025.
What are the price band for Vikram Solar IPO?
The price band for the Vikram Solar ipo is ₹315 to ₹332
What is the listing date of Vikram Solar IPO?
The listing date of Vikram Solar IPO is 26-Aug-2025.
What is the purpose for the Vikram Solar IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Vikram Solar IPO subscribed?
Vikram Solar total subscription ratio is 54.6X.
What are the key financials for the Vikram Solar IPO?
Key financial of the Vikram Solar are:
| Vikram Solar | FY-25 | FY-24 | FY-23 |
|---|---|---|---|
| Revenue (₹ Cr) | 3423.45 | 2510.99 | 2073.23 |
| EBIT (₹ Cr) | 336.01 | 260.57 | 122.24 |
| Proft after Tax (₹ Cr) | 139.83 | 79.72 | 14.49 |
| Debt (₹ Cr) | 230.67 | 808.33 | 737.79 |
| Net Worth (₹ Cr) | 1241.99 | 445.42 | 365.2 |
| RoE (%) | 11.26 | 17.9 | 3.97 |