Vikram Solar Limited IPO
Vikram Solar Limited was a mainboard IPO in the Other Electrical Equipment sector, offered at ₹315–₹332 per share to raise ₹2,079 crore. The issue was subscribed 54.63× overall (QIBs 142.79×, NIIs 50.9×, retail 7.65×). It listed on 26 Aug 2025 at ₹338 and closed its first day at ₹356, a listing gain of +7.3% versus the ₹332 issue price. It now trades around ₹125 (-62.3% versus the issue price).
Frequently asked questions
- How many times was the Vikram Solar Limited IPO subscribed?
- The Vikram Solar Limited IPO was subscribed 54.63× overall — 142.79× in the QIB category, 50.9× among non-institutional investors, 7.65× in retail.
- What were the Vikram Solar Limited IPO listing gains?
- Vikram Solar Limited listed on 26 Aug 2025 at ₹338, closing its first day at ₹356 — a listing gain of +7.3% versus the ₹332 issue price.
- What were the retail allotment odds for the Vikram Solar Limited IPO?
- Retail was subscribed 7.65×, so a single-lot application had roughly a 13.1% chance of allotment (about 1 in 8), and allotment was finalised on 22 Aug 2025.
- What was the price band and lot size of the Vikram Solar Limited IPO?
- The price band was ₹315–₹332 per share, with a minimum lot of 45 shares (₹14,940 at the upper band).
- Who were the registrar and lead manager for the Vikram Solar Limited IPO?
- MUFG Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.