Vikram Solar Ltd IPO – Dates, Price Band & Lot Size
The Vikram Solar Ltd IPO will be live from 19 Aug'25 to 21 Aug'25 with an issue size of ₹2079.37 crores. The IPO is priced in the band of ₹0.00–₹332.00 per share with a minimum lot size of 45.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹14940.00
Subscribed Times 54.63x
Issues size ₹2079 Crores
Price Range ₹0.00 - ₹332.00
Open on 19 Aug'25
Close on 21 Aug'25
Vikram Solar Ltd IPO Details
Lot Size 45.00
Issue size ₹2079 Crores
Issue Type Book Building
Vikram Solar Ltd Shares Offered
Qualified Inst. Buyers 27.93
Non Inst. Buyers 21.41
Retails Ind. Buyers 49.96
Vikram Solar Ltd Subscription Status
(as of 20 Feb 2026) Overall Status 54.63x
Qualified Inst. Buyers 142.79x
Non Inst. Buyers 50.90x
Retails Ind. Buyers 7.65x
Vikram Solar Ltd IPO Timeline
19 Aug'25 Issue Open
21 Aug'25 Issue Close
22 Aug'25 Finalization of Basis of Allotment
25 Aug'25 Initiation of refund
25 Aug'25 Transfer of shares to Demat Account
26 Aug'25 Listing Date
Vikram Solar Ltd Objects of the offer
Maintain domestic market position through strategic expansion of solar PV module manufacturing andbackward integration into solar cell manufacturing.
Continued focus on developing new and innovative products and services.
Further our BESS manufacturing operations.
Strengthen domestic presence through a dedicated retail network and distribution model.
To become a significant global player in the international solar PV module market.
Diversify our supply chain.
Expand into captive projects and cater to the untapped potential in the C&I renewable energy market.
Further our new initiatives for decarbonization.
Vikram Solar Ltd Company's Financials
Assets(cr) Mar 2025 1550.49 Mar 2024 1774.38 Mar 2023 1713.08
Gross Profit(cr) Mar 2025 373.37 Mar 2024 245.29 Mar 2023 82.81
Liabilities(cr) Mar 2025 308.50 Mar 2024 1328.96 Mar 2023 1347.88
Net Income(cr) Mar 2025 139.83 Mar 2024 79.72 Mar 2023 14.49
Revenue(cr) Mar 2025 3423.45 Mar 2024 2510.99 Mar 2023 2073.23
Vikram Solar Ltd Peer Comparison
Script Name Vikram Solar Ltd Revenue(cr) 3423.45 Net Profit(cr) 139.83 EPS 4.42 Current Ratio 1.64
Script Name Waaree Energies Limited Revenue(cr) 14444.50 Net Profit(cr) 1867.39 EPS 68.24 Current Ratio 9.45
Script Name Premier Energies Limited Revenue(cr) 6518.74 Net Profit(cr) 937.13 EPS 21.35 Current Ratio 13.69
Script Name Websol Energy System Limited Revenue(cr) 575.46 Net Profit(cr) 154.74 EPS 36.66 Current Ratio 30.07
Vikram Solar Ltd IPO
Vikram Solar Ltd Company Contact Info
Biowonder Unit #.1102 11th Flr,
789 Anandapur Main Roadd E K T,
Kolkata-700107
Phone : 91-33-2442 7399/2442 7299
Vikram Solar Ltd Registrar & Transfer Agent
MUFG Intime India Pvt Ltd
C-101 247 Park,
L B S Marg-Mumbai-400083
Phone : 91-22-49186000
Fax : 91-22-49186060
Vikram Solar Ltd Book Running Managers
Offer Related Information
Initial public offering of 62,631,604 equity shares of face value of Rs. 10/- each (Equity Shares) of Vikram Solar Limited (the Company or Company or Issuer) for cash at a price of Rs. 332/- per equity share (Offer Price) aggregating to Rs. 2079.37 crores (the Offer) Comprising of a fresh issueof 45,180,722 equity shares aggregating to Rs. 1500.00 crores by the company (Fresh Issue) and an offer for sale of 17,450,882 equity shares aggregating to Rs. 579.37 crores (Offer for Sale) comprising of 6,000,000 equity shares aggregating to Rs. 199.20 crores by Gyanesh Chaudhary,1,500,000 equity shares aggregating to Rs. 49.80 crores by Vikram Capital Management Private Limited and 9,950,882 equity shares aggregating to Rs. 330.37 crores by Anil Chaudhary, collectively referred to as the Selling Shareholders, and such equity shares, the Offered Shares). The offer included a reservation of 301,204 equity shares, aggregating to Rs. 10.00 crores (Constituting upto 5% of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as Net Offer. The offer and net offer constitutes 17.32% and 17.23%, respectively, of the post-offer paid-up equity share capital of the company.
Vikram Solar Ltd IPO FAQs
What is the issue size of Vikram Solar Ltd IPO?
The issue size of Vikram Solar Ltd IPO is ₹ 2079 crore.
What is 'pre-apply' for Vikram Solar Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Vikram Solar Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Vikram Solar Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Vikram Solar Ltd IPO?
The IPO opens on 19 Aug and closes on 21 Aug.
What is the lot size and minimum order quantity of the Vikram Solar Ltd IPO?
The minimum order is 1 lot, which consists of 45.00 shares.
What is the allotment date for the Vikram Solar Ltd IPO?
The allotment is expected on 22 Aug.
Who is the registrar of the Vikram Solar Ltd IPO?
MUFG Intime India Pvt Ltd is the registrar for this IPO.
Where is the Vikram Solar Ltd IPO getting listed?
It will be listed on BSE,NSE.