MainboardListedVIKRAMSOLR

Vikram Solar Limited IPO

DRHP 30 Sept 2024 · listed 26 Aug 2025

Follow this IPOuse-of-proceeds reports, on Telegram

Issue price
₹332.00
band ₹315.00 to ₹332.00
Subscription window
19 Aug to 21 Aug
2025
Listing
26 Aug 2025
NSE
Subscribed
29.9x
retail 3.9x

About the Vikram Solar IPO

Vikram Solar Limited raised money through a mainboard IPO on NSE and BSE.

Bidding ran Tue 19 Aug to Thu 21 Aug, at an issue price of ₹332 a share. The shares listed on 26 Aug 2025.

The book-running lead managers are JM Financial Limited, Nuvama Wealth Management Limited and UBS Securities India Private Limited. The registrar, which handles allotment, is MUFG Intime India Private Limited.

The issue was subscribed 29.92 times overall, with the retail portion at 3.92 times, as the exchange's bid book showed.

The draft offer document was filed on 30 Sept 2024.

newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.

Vikram Solar IPO: questions answered

When was the Vikram Solar IPO open, and what were the price band and lot size?

Bidding ran Tue 19 Aug to Thu 21 Aug. The issue price is ₹332 a share.

When did the Vikram Solar IPO list?

The shares listed on 26 Aug 2025 on NSE and BSE.

How do I check the Vikram Solar IPO allotment status?

Allotment is finalised by the registrar, MUFG Intime India Private Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.

The Vikram Solar IPO allotment status page, with the direct links

Who are the registrar and lead managers of the Vikram Solar IPO?

The book-running lead managers are JM Financial Limited, Nuvama Wealth Management Limited and UBS Securities India Private Limited. The registrar, which handles applications and allotment, is MUFG Intime India Private Limited.

How many times was the Vikram Solar IPO subscribed?

29.92 times overall, as the exchange's bid book last showed: qualified institutions 75.91 times, non-institutional investors 21.89 times and retail 3.92 times.

Category-wise subscription, from the exchange

What is the Vikram Solar IPO GMP?

newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.

Where the money went

The monitoring agency's report for the quarter to 30 Jun 2026: each object in the offer document and how much of it had been used by then.

ObjectProposed, ₹ croreUsed, ₹ crore
General Corporate Purposes495.5495.5

The monitoring agency's report · Other issues

Vikram Solar IPO: the next step, on Telegram

A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.

Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.

The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.