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IPO Details

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Vikram Solar Ltd
MainboardListed
Open:Tue, 19 Aug 2025
Close:Thu, 21 Aug 2025
Lot Size:45 Shares
Price Band:₹ 315 - ₹ 332
Listing:NSE, BSE
Fresh Issue:1500.00 Cr
OFS:579.37 Cr
Total IPO Size:2079.37 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%

IPO Timeline


EventDate
Open Date19-08-2025 , Tuesday
Close Date21-08-2025 , Thursday
Tentative Allotment22-08-2025 , Friday
Tentative Listing Date26-08-2025 , Tuesday
Retail Appl. Cut Off Time21-08-2025 , Thursday 05:00 PM
Non Retail Appl. Cut Off Time21-08-2025 , Thursday 04:00 PM
Anchor Allotment18-08-2025 , Monday
Initiation Of Refund25-08-2025 , Monday
Credit Of Share To Demat25-08-2025 , Monday

Subscription Data


Subscription Data

CategorySize
(In Cr)
Subscribed
(In Cr)
No of Times
(x)
QIB413.8760,052.72145.10
bNII (Above 10L)206.9412,329.1659.58
sNII (2L to 10L)103.474,084.3039.47
NII Total310.4116,413.4652.88
Retail724.285,757.647.95
Employee10.0051.035.10
Total1,458.5682,274.8556.41

IPO Structure


CategoryPercentageNo. of Shares OfferedAmount
QIB
50.00 %
3,11,65,200
1,034.68 Cr
Retail
35.00 %
2,18,15,640
724.28 Cr
Total HNI
15.00 %
93,49,560
310.41 Cr
SHNI
5.00 %
31,16,520
103.47 Cr
BHNI
10.00 %
62,33,040
206.94 Cr
Employee
0.00 %
3,01,204
10.00 Cr

Lot Size Details


ApplicationDiscountQty (Lot)Total
Retail MIN
-
45 (1)
₹ 14,940
Retail MAX
-
585 (13)
₹ 1,94,220
SHNI MIN
-
630 (14)
₹ 2,09,160
SHNI MAX
-
2970 (66)
₹ 9,86,040
BHNI MIN
-
3015 (67)
₹ 10,00,980
Employee MIN
-
45 (1)
₹ 14,940
Employee MAX
-
1485 (33)
₹ 4,93,020

Objectives


ObjectiveNo Of SharesAmount
Fresh Issue
-
1,500.00 Cr
Offer for Sale
1,74,50,882
579.37 Cr

IPO Documents


DocumentAction
DRHPView
RHPView
Anchor AllotmentView
Basis of AllotmentView

Contact Details


IPO Contact Details
Registered Office
Biowonder, Unit No. 1102, 11th Floor, 789, Anandapur Main Road, Eastern Metropolitan Bypass, E.K.T, Kolkata - 700 107, West Bengal, India
Corporate Office
The Chambers, 8th Floor, 1865, Rajdanga Main Road, E.K.T, Kolkata – 700 107, West Bengal, India
Contact Person
Sudipta Bhowal - Company Secretary and Compliance Officer
Telephone
+91 33 2442 7399/ +91 33 2442 7299
Email
secretarial@vikramsolar.com
Website
www.vikramsolar.com
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan
Telephone
+91 22 4918 6200
Email
vikramsolar.ipo@in.mpms.mufg.com
Website
www.in.mpms.mufg.com

Lead Managers

NameContact PersonTelephoneEmailWebsite
JM Financial Limited
Prachee Dhuri
+91 22 6630 3030
vsl.ipo@jmfl.com
www.jmfl.com
Nuvama Wealth Management Limited
Lokesh Shah
+91 22 4009 4400
projectorion@nuvama.com
www.nuvama.com
UBS Securities India Pvt Ltd
Abhishek Joshi
+91 22 6155 6000
vikramsolaripo@ubs.com
www.ubs.com/indiaoffers
Equirus Capital Pvt Ltd
Mrunal Jadhav
+91 22 4332 0734
vsl.ipo@equirus.com
www.equirus.com
PhillipCapital (India) Pvt Ltd
Kavit Vora
+91 22 2483 1919
projectorion-pc@phillipcapital.in
www.phillipcapital.in