Vikram Solar has released IPO and all details of IPO such as last date to apply, price, prospectus PDF and all other details are given below.
Vikram Solar IPO Details
| IPO Open Date | August 19, 2025 |
| IPO Close Date | August 21, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | – |
| Issue Size | – |
| Fresh Issue | Approx ₹1,500 Crores |
| Offer for Sale | Approx 17,450,882 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE & NSE |
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
| Download Prospectus PDF | Click Here |
Vikram Solar IPO Dates and Schedule
| IPO Open Date | August 19, 2025 |
| IPO Close Date | August 21, 2025 |
| Basis of Allotment | August 22, 2025 |
| Refunds | August 25, 2025 |
| Credit to Demat Account | August 25, 2025 |
| IPO Listing Date | August 26, 2025 |
About Vikram Solar IPO
Vikram Solar Limited was founded in 2009 and is one of the leading manufacturers of solar panels in India. It started with a small production capacity of 12 megawatts (MW) and has now grown significantly to produce 3.5 gigawatts (GW) of solar photovoltaic (PV) modules. These solar products help support India’s move toward renewable energy. The company focuses on making different types and sizes of solar products, including solar panels, inverters, and cleaning systems. This allows them to test the performance of their new solar panels and ensure the quality of other equipment like inverters and robotic cleaners. In 2024, the company reported a revenue of 25,109.90 million rupees. To meet increasing market demand, Vikram Solar plans to increase its production capacity to 10.5 GW by the financial year 2026 and 15.5 GW by 2027. This expansion includes setting up a 3 GW solar cell manufacturing plant in Tamil Nadu.
