Vikram Solar IPO Listing and Project Partnerships

Vikram Solar's IPO listing was a significant milestone in the company's growth, marking a major step towards its expansion plans.

The company's IPO was listed on the Indian stock exchanges in 2014, marking a significant milestone in its growth journey.

Vikram Solar's partnerships have been instrumental in its growth, with the company collaborating with leading international companies such as Siemens and Canadian Solar.

These partnerships have enabled Vikram Solar to access cutting-edge technology and expertise, enhancing its manufacturing capabilities and global reach.

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Vikram Solar's financial performance has been on an upward trend in recent years. The company's revenue has increased from Rs. 2,073.23 crores in FY 2023 to Rs. 3,423.45 crores in FY 2025.

The company's net income has also shown significant growth, rising from Rs. 14.49 crores in FY 2023 to Rs. 139.83 crores in FY 2025. This indicates a substantial improvement in the company's profitability.

Here's a breakdown of Vikram Solar's financial performance over the years:

The company's operating profit margin (OPM) has also improved, reaching 21% in June 2025. This is a significant increase from the 18% OPM in June 2024.

The Vikram Solar IPO allotment status is now available on MUFG Intime's website.

You can check the allotment status by clicking on the provided weblink.

The IPO allotment process was finalized on 22 August 2025.

Here are the key IPO dates and events:

The opening price of Vikram Solar on the NSE was INR 338 per share, with a 1.81% increase.

Vikram Solar recently held a Board Meeting to consider and approve the standalone and consolidated un-audited financial results for the quarter and half year ended September 30, 2025.

The meeting took place on October 16, 2025, and was specifically to approve the Q2/H1 FY2026 unaudited results and a limited review.

Vikram Solar updated its Corporate Identification Number (CIN) to L18100WB2005PLC106448, changing its company status to 'Listed' after its listing on August 26, 2025.

The company closed its trading window on September 26, 2025, and it will remain closed until 48 hours after the Q2FY26 unaudited results declaration on October 1, 2025.

The Shareholder Meeting/Postal Ballot-Scrutinizer's Report and Shareholder Meeting/Postal Ballot-Outcome of AGM took place on September 26 and 25, 2025, respectively.

The Vikram Solar IPO subscription has been making waves, and I'm here to give you the latest updates.

A total of 4,53,61,650 shares were offered across various categories.

The shares offered to institutional investors (QIB) were 1,26,67,954, while 97,12,871 shares were offered to non-institutional investors (NII).

Retail investors had the opportunity to subscribe to 2,26,63,365 shares, and employees could purchase 3,17,460 shares.

The overall total for these categories is 4,53,61,650 shares.

On August 21, 2025, the subscription figures were 142.79 for QIB, 50.90 for NII, 7.65 for retail, and 4.84 for employees, with an overall subscription figure of 54.63.

On August 20, 2025, the subscription figures dropped to 0.11 for QIB, 13.01 for NII, 3.47 for retail, and 2.37 for employees, with an overall subscription figure of 4.57.

On August 19, 2025, the subscription figures continued to decline, reaching 0.02 for QIB, 3.84 for NII, 1.37 for retail, and 1.00 for employees, with an overall subscription figure of 1.52.

Note: 1,86,99,120 shares were allotted to anchor investors and are not included in these calculations.

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Vikram Solar has a strong portfolio of projects that showcase their capabilities and expertise. Below are some of their notable project references.

The company has successfully executed projects across various sectors, including solar power plants, rooftop solar installations, and off-grid solar systems. Their project references demonstrate their ability to deliver high-quality solutions that meet the needs of their clients.

One of Vikram Solar's notable projects is the development of solar power plants, which have helped to reduce carbon emissions and promote renewable energy. By investing in solar energy, companies can reduce their environmental footprint and contribute to a more sustainable future.

Their project references also highlight their expertise in designing and installing rooftop solar systems, which can be integrated into existing buildings to generate clean energy. This can be a cost-effective way for businesses and homeowners to reduce their energy bills and reliance on fossil fuels.

Vikram Solar's experience in off-grid solar systems has enabled them to provide energy access to remote communities and rural areas. Their innovative solutions have helped to bridge the energy gap and improve the quality of life for people in these areas.

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