10-Jan-2025
2 mins read
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Vikram Solar IPO GMP
The Vikram Solar IPO GMP has not yet started. 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 GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes is below 10% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in the Vikram Solar IPO GMP is expected to quote the initial ticks at the 10% or above premium.
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Vikram Solar IPO FAQ
1. What are the details of the Vikram Solar IPO?
Vikram Solar IPO is a book-built issue of Rs 1500 crore plus. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 1500 crore and offer-for-sale is of 17,450,882 equity shares.
2. When will the Vikram Solar IPO open and close?
Vikram Solar IPO open date is expected 1st week of March 2025 (Tentative). However, these dates are tentative as per the information available from the market sources and can be changed in future.
3. What are the details of Vikram Solar IPO Subscription Status?
Vikram Solar IPO subscription status will be available after the IPO opens on 1st week of March, 2025.
In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.
4. Write the details of the IPO Allotment Status?
Vikram Solar IPO allotment status is expected to be finalised on 1st week of March, 2025.The listing will be on the BSE and NSE platforms on 2nd week of March, 2025. The registrar of this IPO is Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends.
5. Who is the registrar and lead managers for Vikram Solar IPO?
Vikram Solar IPO registrar is expected to be Link Intime India Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter 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.
What is an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes
