Vikram Solar IPO GMP, Open Date, Price Band, Allotment Status, Listing date

  • 16-Aug-2025
  • 2 mins read
Vikram Solar IPO

Vikram Solar IPO GMP, Open Date, Price Band, Allotment

Vikram Solar IPO open date is August 19, and the closing date is August 21, 2025. This new IPO is a book-built issue of 6,26,31,604 shares worth up to Rs 2,079.37. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of 4,51,80,722 equity shares worth up to Rs 1500 crore and offer for sale of up to Rs 579.37 crore.

Vikram Solar IPO price band is Rs 315 to Rs 332 per share. As of now, Vikram Solar IPO GMP Live quotation is at Rs 60.  Live IPO Grey Market Premium details will be visible online.

Vikram Solar IPO allotment status is available on August 22, 2025. The lot size is of 45 shares. The minimum investment for the retail investors for 1 lot is Rs 14,940. The registrar for Vikram Solar IPO is MUFG Intime India Pvt Ltd. The listing date is August 26, 2025.

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Vikram Solar IPO GMP

The Vikram Solar IPO GMP is at Rs 60. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Vikram Solar IPO GMP might rise in the coming days.

Vikram Solar IPO Price Band

Vikram Solar IPO price band is Rs 315 to Rs 332. The minimum amount of investment for the retail category is Rs 14,940, and for the small HNI, the minimum investment is Rs 2,09,160. The minimum investment for the Big HNI is Rs 10,00,980.

Vikram Solar IPO Open Date, Close Date

Vikram Solar IPO open date is August 19 and the closing date is August 21. The allotment date is August 22, 2025 and listing date is August 26, 2025

Vikram Solar IPO Allotment Status

Vikram Solar IPO allotment status is available on August 22, 2025. The listing will be on the BSE and NSE platforms on August 26, 2025. The registrar of this IPO is MUFG Intime India Pvt Ltd. Investors can check their allotment status after the IPO subscription ends.

Vikram Solar IPO Listing Date

Vikram Solar IPO's listing date is August 26, 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Vikram Solar IPO: Listing Date, Lot Size, Price Band

IPO Date

August 19, 2025 to August 21, 2025

Listing Date

August 26, 2025

Face Value

Rs 10 per share

Price Band

Rs 315 to Rs 332 per share

Lot Size

45 Shares

Total Issue Size

6,26,31,604 shares
(aggregating up to Rs 2,079.37 Cr)

Fresh Issue

4,51,80,722 shares
(aggregating up to Rs 1,500.00 Cr)

Offer for Sale

1,74,50,882 shares of ₹10
(aggregating up to Rs 579.37 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Vikram Solar Limited: About the Company

Vikram Solar IPO

Vikram Solar Limited was established in 2006, is a leading Indian solar energy solutions provider and module manufacturer. The company specializes in high-efficiency PV module production and offers EPC services for solar power projects. 

The company had a strong focus on innovation and sustainability. They operate a state of art manufacturing facility in West Bengal, producing both mono and polycrystalline solar modules. 

Vikram Solar Limited also provides operations and maintenance services ensuring optimal performance of solar installations. The company serves clients globally, emphasising renewable energy adaptation and contributing to India’s renewable energy targets and global energy transition. 

Vikram Solar IPO Objectives

Vikram Solar IPO proposes to utilise the Net Proceeds from the Issue for partial funding of capital expenditure for the Phase-I Project, funding of capital expenditure for the Phase-II Project, and meeting general corporate purposes. 

Vikram Solar IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Tue, Aug 19, 2025

IPO Close Date

Thu, Aug 21, 2025

IPO Allotment date

Fri, Aug 22, 2025

Initiation of Refunds

Mon, Aug 25, 2025

Credit of Shares to Demat

Mon, Aug 25, 2025

Listing Date

Tue, Aug 26, 2025

Cut-off time for UPI mandate

5 PM on August 21, 2025

 

Vikram Solar IPO Lot Size Details

Vikram Solar IPO lot size is 45 shares. For retail, the minimum lot size is 1 lot, amounting to Rs 14,940, and the maximum is 13 lots, amounting to around Rs 1,94,220. For small HNI, the minimum lot size is 14, amounting to around Rs 2,09,160.

Vikram Solar IPO Promoter Holdings

Vikram Solar IPO promoters are Gyanesh Chaudhary, Gyanesh Chaudhary Family Trust and Vikram Capital Management Private Limited.

The promoters' shareholdings before the IPO were 77.64%; however, after the IPO, shareholdings will decline to 63.11%. 

Vikram Solar IPO Registrar

Vikram Solar IPO registrar is expected to be MUFG Intime India Pvt Ltd. On the date of allotment, Investors can click on the registrar website, select the name of the company and enter their PAN number or application ID to know their allotment status.

Vikram Solar IPO Lead Managers

Vikram Solar IPO lead managers are JM Financial Limited, Nuvama Wealth Management Limited. Also, UBS Securities India Private Limited, Equirus Capital Private Limited and PhillipCapital India Private Limited. 

How to apply to the Vikram Solar IPO

Interested investors can apply to the Vikram Solar IPO directly from the Bigul trading app, and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Vikram Solar IPO Review

Vikram Solar IPO may get a positive response from the general public. The company is involved in the solar business. So, investors interested in the renewable sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Vikram Solar IPO GMP will also rise. 

Vikram Solar IPO FAQ

1. What are the details of the Vikram Solar IPO?

Vikram Solar IPO is a book-built issue of 6,26,31,604 shares worth up to Rs 2,079.37. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue comprises 451,80,722 equity shares worth up to Rs 1500 crore and an offer for sale of up to Rs 579.37 crore

2. When will the Vikram Solar IPO open and close?

Vikram Solar's IPO opens on August 19, 2025, and closes on August 21, 2025.

3. What is Vikram Solar's IPO GMP?

The Vikram Solar IPO GMP is at Rs 60. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription gets oversubscribed, then Vikram Solar IPO GMP might rise in the coming days.

4. Write the details of the IPO Allotment Status.

Vikram Solar IPO allotment status is finalised on August 22, 2025. The listing will be on the BSE and NSE platforms on August 26, 2025. The registrar of this IPO is MUFG Intime India Pvt Ltd. Investors can check their allotment status after the IPO subscription ends.

5. Who is the registrar and lead manager for Vikram Solar IPO?

Vikram Solar IPO registrar is MUFG Intime India Pvt Ltd. On the date of allotment, Investors can click on the registrar's website, select the name of the company and enter their PAN number or application ID to know their allotment status. 

The lead managers are JM Financial Limited, Nuvama Wealth Management Limited. Also, UBS Securities India Private Limited, Equirus Capital Private Limited and PhillipCapital India Private Limited.

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