Vikram Solar Ltd IPO
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Vikram Solar Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| TBA | TBA | TBA | TBA | BSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 19 Aug, 25 | 21 Aug, 25 | 45 | TBA | Book Building | 26 Aug, 25 |
Vikram Solar Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Electric Equipment |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Vikram Solar Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 2,510.99 | 2,073.23 | 1,730.31 |
| EBITDA | 376.22 | 142.46 | 10.98 |
| PAT | 66.82 | 12.70 | -60.14 |
| Total Assets | 2,125.05 | 1,889.69 | 1,727.04 |
| Share Capital | 258.83 | 258.83 | 258.83 |
| Total Borrowings | 1,067.14 | 1,100.84 | 1,065.06 |
| Operating Activities (Net Cash) | 204.81 | 76.62 | -12.22 |
| Investing Activities (Net Cash) | 30.94 | 26.91 | 27.40 |
| Financing Activities (Net Cash) | 1,067.14 | 1,100.84 | 1,065.06 |
| Net Cashflow | 114.81 | 90.10 | 121.54 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Vikram Solar Ltd
Peer Comparison:
- No Industry Peer List
Vikram Solar Ltd IPO 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.
- 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.
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.
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