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Vikram Solar IPO

₹356.40

+7.35% on listing

Listing-day close · NSE · 26 Aug 2025 · issue price ₹332

Vikram Solar’s ₹2,079 crore IPO was priced at ₹332 a share. It listed on the NSE on 26 Aug 2025 and closed its first day at ₹356.40, up 7.35% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹2,079 Cr
Fresh issue
₹1,500 Cr
Offer for sale
₹579 Cr
Lot size
45 shares
Minimum investment
₹14,940
Face value
₹10
Registrar
MUFG Intime India

Subscription

Vikram Solar IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—39.73×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹12,009 Cr
P/E (post-issue)
85.9
EPS (post-issue)
₹3.87
Price to book
8.5
ROE
16.57%
ROCE
24.49%
Debt to equity
0.19
EBITDA margin
14.37%
PAT margin
4.08%
Promoter holding
77.64% → 63.11%

Financials as of 31 Mar 2025, from the offer documents.

Listing

Listing date
26 Aug 2025
Issue price
₹332
Open
₹338.00
High
₹381.65
Low
₹333.65
Close
₹356.40

Listing day on the NSE. The close was +7.35% on the issue price.

VIKRAM SOLAR share price today

FAQs

When did the Vikram Solar IPO open and close?

It opened on 19 Aug 2025 and closed on 21 Aug 2025.

What was the Vikram Solar IPO price?

The price band was ₹315–332 a share. The final issue price was ₹332.

What is the lot size and minimum investment?

One lot is 45 shares, ₹14,940 at ₹332 a share. Retail investors apply in whole lots.

How much did Vikram Solar raise?

₹2,079 crore: ₹1,500 crore of new shares and ₹579 crore offered by existing shareholders.

How many times was the Vikram Solar IPO subscribed?

39.73 times overall.

How did Vikram Solar list?

It listed on the NSE on 26 Aug 2025 at ₹338.00 and closed the day at ₹356.40, up 7.35% on the ₹332 issue price.

Who is the registrar of the Vikram Solar IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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