
Vikram Solar Limited IPO
Vikram Solar Limited IPO is a Mainboard book building IPO. Price band is ₹315 to ₹332 per share. Minimum investment is ₹14,940. Lot size is 45 shares. Open from 19 Aug 2025 to 21 Aug 2025. Allotment on 22 Aug 2025. Listing on 26 Aug 2025 at BSE, NSE. Managed by JM Financial Ltd.,Nuvama Wealth Management Ltd.,UBS Securities India Pvt.Ltd.,Equirus Capital Pvt.Ltd.,PhillipCapital India Pvt.Ltd.. Registrar: MUFG Intime India Private Limited (Link Intime). Key details for GMP, subscription, price, allotment, and listing in one place.
Vikram Solar Limited IPO overview
Vikram Solar Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Vikram Solar Limited IPO important dates
Vikram Solar Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,940 |
| Retail (Max) | 13 | 585 | ₹1,94,220 |
| S-HNI (Min) | 14 | 630 | ₹2,09,160 |
| S-HNI (UPI) | 33 | 1,485 | ₹4,93,020 |
| S-HNI (Max) | 66 | 2,970 | ₹9,86,040 |
| B-HNI (Min) | 67 | 3,015 | ₹10,00,980 |
About Vikram Solar Limited IPO
From the company / RHP narrative.
Core Operations:
Solar Photovoltaic (PV) Module Manufacturing: Specializing in the production of high-efficiency solar PV modules, Vikram Solar caters to both domestic and international markets.
Engineering, Procurement, and Construction (EPC) Services: The company provides comprehensive EPC solutions for solar power projects, ensuring efficient project execution from design to commissioning.
Operations and Maintenance (O&M): Vikram Solar offers O&M services to optimize the performance and longevity of solar power installations.
The company's solar energy products consists of the following high-efficiency solar PV modules: (i) p-type monocrystalline silicon based Passivated Emitter and Rear Contact (“PERC”) modules; (ii) n-type monocrystalline silicon based Tunnel Oxide Passivated Contact (“TOPCon”) modules; and (iii) n-type monocrystalline silicon based heterojunction technology (“HJT”) modules; all of these being either bifacial (glass-to-glass/ glass-to-transparent back sheet) or monofacial (glass-to-white/black back sheet) modules.
Manufacturing facilities located at:
Falta SEZ, Kolkata, West Bengal and Oragadam, Chennai, Tamil Nadu.
The company have established a pan-India presence, serving 23 states and three union territories, through an extensive distributor network of 41 authorized distributors, 64 dealers and 67 system integrators.
The company's domestic customers include prominent government entities, such as National Thermal Power Corporation, Neyveli Lignite Corporation Limited and Gujarat Industries Power Company Limited, and large private independent power producers (“IPPs”), such as ACME Cleantech Solutions Pvt. Ltd.,
As of March 31, 2025, we have 1,612 employees and 974 contractual employees.
Objective of the issue
How the issuer plans to use IPO proceeds.
Funding of capital expenditure for the Phase-II Project
General Corporate Purposes
Documents & links
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Registrar
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Issue details
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