Vikram Solar IPO 2025: Check IPO Date, Price Range & Lot Size

Aug 14th 2025
IPO
vikram-solar-ipo-aug-2025

Let us understand the important aspects related to the Vikram Solar IPO. First, let us see the basics about Vikram Solar:

  • Founded in 2009 by Gyanesh Chaudhary, Vikram Solar Ltd. is a leading solar energy solutions provider in India.
  • Specialises in high-efficiency solar photovoltaic (PV) modules and EPC services for large-scale projects.
  • Products are exported to 30+ countries, strengthening its global presence.
  • Current manufacturing capacity is 3.5 GW, with targets of 10.5 GW by FY26 and 15.5 GW by FY27.
  • Known for innovation, sustainability, and strong R&D in renewable energy.

Vikram Solar IPO Details 2025

The following are some of the important financial details of Vikram Solar IPO:

DetailValue
IPO Open DateAugust 19, 2025
IPO Close DateAugust 21, 2025
Face Value₹10 per share
IPO Price Band₹315 to ₹332 per share
Issue SizeApproximately ₹2,079.37 crore
Fresh IssueApproximately ₹1,500 crore
Offer for Sale (OFS)Approximately 17,450,882 equity shares
Lot Size45 shares
Issue TypeBook Built Issue
IPO ListingBSE and NSE
Retail QuotaNot more than 35%
QIB QuotaNot more than 50%
NII QuotaNot more than 15%
DRHPClick Here
RHPClick Here

Vikram Solar IPO Market Lot

The following table provides information about the Vikram Solar IPO market lot:

CategoryLot SizeSharesAmount
Retail Minimum145₹14,940
Retail Maximum13585₹1,94,220
S-HNI Minimum14630₹2,09,160
B-HNI Minimum673,015₹10,00,980

Vikram Solar IPO Dates

The following are the important dates related to Vikram Solar IPO:

EventDate
IPO Open DateAugust 19, 2025
IPO Close DateAugust 21, 2025
Basis of AllotmentAugust 22, 2025
RefundsAugust 25, 2025
Credit to Demat AccountAugust 25, 2025
IPO Listing DateAugust 26, 2025

Vikram Solar Financial Report

The following table shows the financial report of Vikram Solar Ltd (in ₹ crore):

YearRevenueProfit After TaxAssets
20221,743.0562.942,237.23
20232,091.9114.492,476.29
20242,523.9679.722,585.50
20253,459.531402,832.15

Promoters of Vikram Solar IPO

Vikram Solar IPO is promoted by Gyanesh Chaudhary, Gyanesh Chaudhary Family Trust, and Vikram Capital Management Pvt. Ltd.

Lead Managers (Merchant Bankers) for Vikram Solar IPO

The following are the lead managers (also known as Merchant Bankers) for Vikram Solar IPO:

  • JM Financial Limited
  • Nuvama Wealth Management Limited
  • UBS Securities India Private Limited
  • Equirus Capital Private Limited
  • PhillipCapital (India) Private Limited

Vikram Solar IPO Registrar

Vikram Solar Company Address

  • Vikram Solar Limited
  • Biowonder, Unit No. 1102, 11th Floor, 789, Anandapur Main Road,
  • Eastern Metropolitan Bypass, E.K.T, Kolkata -700107, West Bengal, India
  • Phone: +91 33 2442 7399 / +91 33 2442 7299
  • Email: secretarial@vikramsolar.com
  • Website: www.vikramsolar.com

Frequently Asked Questions - Vikram Solar IPO

 

What is Vikram Solar IPO?

A mainboard IPO raising approximately ₹2,079.37 crore via a book-built issue priced at ₹315–₹332 per share, listing on BSE & NSE.

When does the Vikram Solar IPO open and close?

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

What is the IPO investor portion?

The following is the Vikram Solar IPO investor portion:

  • Retail: 35%
  • QIB: 50%
  • NII: 15%.

How to apply for the IPO?

Through ASBA (internet banking) or via UPI through your broker. An offline application is also possible. (Standard procedure; details not provided by.)

What is the issue size?

The issue size for Vikram Solar is ₹2,079.37 crore.

What is the price band?

The price band for Vikram Solar is ₹315 to ₹332 per share. 

What is the lot size?

The lot size for Vikram Solar is 45 shares costing ₹14,940.

When is the allotment date?

Allotment date for Vikram Solar is August 22, 2025.

When is the listing?

Vikram Solar listing has been scheduled for August 26, 2025.

Important Disclaimer: We strive to provide the most up-to-date and accurate IPO details. However, details may change due to regulatory or market developments. Please verify key information before investing.
 

 

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