Vikram Solar Ltd IPO

Vikram Solar Ltd IPO

Vikram Solar Ltd IPO Details

Total Shares Offered

TBA

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

TBA

Exchange

BSE

Issue size

TBA

IPO Open Date

Aug 19, 2025

Close Date

Aug 21, 2025

Lot Size

45

Min Investment

TBA

Issue Type

Book Building

Listing Date

Aug 26, 2025

Vikram Solar Ltd IPO Dates

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Aug 19, 2025
Opening date
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Aug 21, 2025
Closing date
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-
Basis of Allotment
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-
Initiation of Refunds
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-
Credit of Shares
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Aug 26, 2025
Listing date

Details

SectorType
SectorElectric Equipment
Sub SectorNA
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Vikram Solar Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations3,423.452,510.992,073.23
EBITDA528.11376.22142.46
PAT139.1066.8212.70
Total Assets2,218.142,125.051,889.69
Share Capital316.54258.83258.83
Total Borrowings611.831,067.141,100.84
Operating Activities (Net Cash)295.08204.8176.62
Investing Activities (Net Cash)105.2530.9426.91
Financing Activities (Net Cash)611.831,067.141,100.84
Net Cashflow180.07114.8190.10

About Vikram Solar Ltd

Peer Comparison:

  • No Industry Peer List
  • Waaree Energies Limited
  • Premier Energies Limited
  • Websol Energy System Limited

Vikram Solar Ltd Key Points

Strengths

We are one of the largest Indian solar PV module manufacturers with 4.50 GW operational capacity and actual production of 1,286.10 MW as on March 31, 2025.

Strong R&D focus with robust quality control systems.

We have strong technical proficiency in the solar PV module manufacturing.

Strong presence in domestic and international markets.

We have a strong brand recognition and customer base due to good understanding of our customers and the high quality of our products.

Risk

Outbreaks of contagious diseases, such as the recent outbreak of COVID-19, may have a material adverse effect on its business, financial condition, results of operations, cash flows and prospects.

Its success depends on its ability to build new manufacturing plants and add production lines in a cost-effective manner, both of which are subject to risks and uncertainties.

The company may be unable to benefit from the government policies like PLI scheme and various other policies.

Strategy

Maintain domestic market position through strategic expansion of solar PV module manufacturing and backward integration into solar cell manufacturing.

Continued focus on developing new and innovative products and services.

Further our BESS manufacturing operations.

Strengthen domestic presence through a dedicated retail network and distribution model.

To become a significant global player in the international solar PV module market.

How To Apply for Vikram Solar Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Vikram Solar Ltd IPO?

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Vikram Solar Ltd's IPO offers shares for up to 0 It begins on Aug 19, 2025 and ends on Aug 21, 2025.

What is the price of the Vikram Solar Ltd IPO?

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The price of Vikram Solar Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Vikram Solar Ltd IPO?

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

When will the Vikram Solar Ltd IPO be allotted?

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The allotment for the Vikram Solar Ltd IPO will be finalised on Invalid Date. The shares will be listed on BSE and NSE on Aug 26, 2025.

What is the minimum lot size required for Vikram Solar Ltd IPO?

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The minimum lot size for Vikram Solar Ltd IPO is 45 shares, priced between NA to NA per share.

What is the GMP of Vikram Solar Ltd IPO?

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The GMP (Grey Market Premium) of Vikram Solar Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Vikram Solar Ltd IPO?

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To check the allotment status of Vikram Solar Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Vikram Solar Ltd IPO getting listed?

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The Vikram Solar Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 19, 2025, and closes on Aug 21, 2025. The allotment is finalised on Invalid Date.

How do you apply for the Vikram Solar Ltd IPO?

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To apply for the Vikram Solar Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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