Vikram Solar IPO Subscription
The Vikram Solar IPO is a book build issue with a total issue size of ₹2079.37 cr, comprising of fresh issue of 45180722 equity shares., and a offer for sale of 17450882 equity shares. Vikram Solar IPO opened for subscription on Aug 19, 2025 and closed on Aug 21, 2025. Vikram Solar IPO is set price band at ₹315 to ₹332 per share, with a lot size of 45 shares. Minimum investment for Retail investors was ₹14,940.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 22, 2025, and listed on both the NSE and BSE on Aug 26, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. JM Financial Limited, Nuvama Wealth Management Limited, UBS Securities India Private Limited, Equirus Capital Private Limited and PhillipCapital (India) Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Vikram Solar IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹35 (+10.54%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Vikram Solar IPO Subscription Details ( Thu, 21 Aug 25 01:51 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 12667954 | 1808816760 | 142.79x |
| Non-Institutional | 9712871 | 494381250 | 50.9x |
| BNII | 6475248 | 371360295 | 57.35x |
| SNII | 3237623 | 123020955 | 38x |
| Retail Investors | 22663365 | 173422845 | 7.65x |
| Employees | 317460 | 1537110 | 4.84x |
| Total | 45361650 | 2478157965 | 54.63x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Vikram Solar IPO is a Book-building IPO with a total issue size of ₹2079.37 crore. The Vikram Solar IPO price band is ₹315 to 332 per share. The Vikram Solar IPO subscription opens on Tue, Aug 19, 2025, and closes on Thu, Aug 21, 2025. The Vikram Solar IPO will be listed on the NSE,BSE. MUFG Intime India Private Limited is the registrar for the Vikram Solar IPO.
The Vikram Solar IPO opens on Tue, Aug 19, 2025 and closes on Thu, Aug 21, 2025
Vikram Solar IPO Price Band is ₹315 to 332 per share.
Vikram Solar IPO lot size is 45 shares, Retail investors need a minimum investment of ₹14940 based on the upper price band
The minimum investment for Vikram Solar IPO is ₹14940, based on one lot of 45 shares at the upper price band of ₹332 per share.
Investors can apply for the Vikram Solar IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 21, 2025. The application amount remains blocked until the Vikram Solar IPO allotment is finalized.
Vikram Solar IPO issue size is ₹2079.37 crores.
Vikram Solar IPO allotment date is Wed, Jul 1, 2026.
The registrar for Vikram Solar IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Vikram Solar IPO allotment status, refund processing, and other IPO-related information.
The Vikram Solar IPO GMP (Grey Market Premium) is ₹35 as of Tue, Aug 26, 2025. Based on the upper price band of ₹332 per share, the estimated Vikram Solar IPO listing price is ₹367, indicating a potential listing gain of approximately 0% over the issue price.