74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Vikram Solar IPO (Vikram Solar Limited IPO) Detail

Vikram Solar IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in Kolkata and caters to Solar - Panels sector. Equirus Capital , Jm Financial , Nuvama Wealth Management , Ubs Securities India , PhillipCapital (India) are the merchant bankers of Vikram Solar IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2024.

Vikram Solar IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : MainBoard Upcoming
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ Cr. Avg IPO Size (Sector Based) : ₹ 2,830.40 cr.
  • Sector: Solar - Panels IPO so far: 1
  • Merchant Banker: Equirus Capital IPO by BRLM so far: 27
  • City: Kolkata IPO so far: 8
  • Revenue (annualised): ₹ 2523.96 cr.
            PAT: (annualised): ₹ 79.72 cr. Read Financial Information >>
  • PE Ratio: x Average Sector PE Ratio: 25.59x

Vikram Solar IPO Date

Date of DRHP:
30th September 2024
IPO Open Date:
[●]
IPO Close Date:
[●]
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
[●]

Vikram Solar IPO Info, Size, Subscription

Vikram Solar IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
64.03 %

Post Issue Promoter Holding :
[●]

Vikram Solar IPO Information

Sub Sector :
Vikram Solar is one of India's largest solar photo-voltaic (PV) modules manufacturers in terms of installed capacity, with more than 15 years of experience in the industry (Source: CRISIL Report). With 3.50 GW of installed manufacturing capacity for solar PV modules as on the date of this Draft Red Herring Prospectus, Vikram Solar have one of the largest enlisted capacities among pure play non-captive manufacturers in the Ministry of New & Renewable Energy Approved List of Module Manufacturers (ALMM) with 2.43 GW enlisted therein as of July 2024. Vikram Solar was also featured in Bloomberg NEF as a Tier 1 manufacturer in the first quarter of CY 2014, and have been subsequently listed repeatedly with the latest inclusion in the first three quarters of calendar year
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Object of Issue (Vikram Solar IPO Objectives)

  • Offer for sale
  • Partial funding of capital expenditure for the Phase-I Project
  • Funding of capital expenditure for the Phase-II Project
  • General corporate purposes

Equirus Capital Private Limited is the book-running lead manager of the Vikram Solar IPO. Link Intime India Private Limited is the Registrar for Vikram Solar IPO.

Vikram Solar IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Vikram Solar IPO?

Vikram Solar IPO, based in Kolkata, operates in the   Solar - Panels sector with a focus on . The company is launching its MainBoard Upcoming IPO on the BSE,NSE exchange, using the Book Building Issue method. Vikram Solar IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being ₹ Nil

When is Vikram Solar IPO allotment?

The IPO allotment date for Vikram Solar IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Vikram Solar IPO allotment status on the registrars website, Link Intime India Private Limited . Vikram Solar IPO refund dates are [●].

When is Vikram Solar IPO listing date?

Vikram Solar IPO is expected to be listed on [●].

What is the price band for Vikram Solar IPO?

The upper price band for the Vikram Solar IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Vikram Solar IPO Review?

For IPO analysis on Vikram Solar IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Vikram Solar IPO?

To apply for the Vikram Solar IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Vikram Solar IPO is finalised.

Who is the merchant banker of Vikram Solar IPO?

The merchant banker for Vikram Solar IPO is Equirus Capital Private Limited , Jm Financial Limited , Nuvama Wealth Management Limited , Ubs Securities India Private Limited , PhillipCapital (India) Private Limited . Equirus Capital Private Limited , Jm Financial Limited , Nuvama Wealth Management Limited , Ubs Securities India Private Limited , PhillipCapital (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vikram Solar IPO RHP for further details.

Who is the Registrar of Vikram Solar IPO?

The registrar for Vikram Solar IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Vikram Solar IPO through their official website or helpline.

What is the Vikram Solar IPO subscription?

Vikram Solar IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Vikram Solar IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vikram Solar Financial Review Page

Vikram Solar IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Vikram Solar IPO listed at a listing price of against the offer price of .

The current market price of Vikram Solar is .

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