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Vikram Solar IPO Allotment Status

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Updated 26 August 2025, 9:15 AM IST· Allotment 22 Aug 2025· Listing 26 Aug 2025

Vikram Solar IPO IPO closed on 21 August 2025. Allotment date is 22 August 2025. Refund date for non-allotted bids is 23 August 2025. Share credit to demat is on 23 August 2025. Listing date on NSE and BSE is 26 August…

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Issue Price
Rs 332.00
Allotment
22 Aug 2025
Refund
23 August 2025
Share Credit
23 August 2025
Listing
26 Aug 2025
GMP Today
Rs 37.00 (11.1%)
Est. Listing
Rs 369.00
Est. Profit
Rs 1,665.00

Vikram Solar IPO Allotment Chances

Vikram Solar IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail6.68x1 in 7
SHNI (Rs 2L to Rs 10L)38.23x1 in 38
BHNI (above Rs 10L)12.25x1 in 12

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

See full category numbers on the Vikram Solar IPO Subscription Status page.

How to Check Vikram Solar IPO Allotment Status

Allotment status will be available from 22 August 2025. There are four ways to check.

Option 1: Via IPOwiz App

  1. Download the IPOwiz App from Google Play or the App Store
  2. Add the PAN numbers you want to check in the PAN section
  3. Go to the Allotted section and select Vikram Solar IPO
  4. View the allotment status for the saved PAN numbers

Option 2: Via Link Intime India Website

  1. Visit the Link Intime India Allotment Page
  2. Select Vikram Solar IPO from the drop-down menu
  3. Enter your PAN number, application number, or demat account details
  4. Click Search to view your allotment status

Link Intime India is the official registrar for this IPO. This is the most direct method to check your result.

Option 3: Via BSE Website

  1. Go to the BSE IPO allotment page
  2. Select Vikram Solar IPO from the list
  3. Enter your PAN number, application number, or demat account details
  4. Click Search to check your status

Option 4: Via Demat Account

Log in to your demat or trading account from 23 August 2025 onwards. If shares have been credited, your allotment was successful. Share credit is expected on 23 August 2025.

What Happens After Allotment?

After 22 August 2025 allotment, here is what happens next.

If allotted: Shares credit to your demat on 23 August 2025. You can sell or hold on listing day, 26 August 2025. Current GMP is Rs 37.00, so estimated listing price is about Rs 369.00 per share.

If not allotted: Your blocked ASBA money is refunded on 23 August 2025 to the linked bank account. UPI bids unblock on their own. Net-banking ASBA is unblocked by your bank.

On listing day: Trading starts on NSE and BSE on 26 August 2025. You can sell allotted shares from the open. Mainboard retail has no lock-in.

For listing day updates, follow the IPOwiz Telegram Channel.

Vikram Solar IPO Registrar Details

The registrar for this IPO is Link Intime India. For allotment queries or discrepancies, you can contact them directly.

FieldValue
RegistrarLink Intime India Private Limited
Websitelinkintime.co.in
Allotment CheckLink Intime India IPO Allotment Page
Emailipo@linkintime.co.in
Phone022-4918 6270 (toll free)

Vikram Solar IPO Details

FieldValue
Price Band₹315.00-332.00
Issue Size₹2079.37 Cr
Lot Size45 shares
Minimum InvestmentRs 14,940.00
IPO TypeMainboard
Open Date19 August 2025
Close Date21 August 2025
Allotment Date22 August 2025
Listing Date26 August 2025
Overall Subscription56.42x

Vikram Solar IPO full details including financials, valuation, and review.

About Vikram Solar IPO

Vikram Solar Limited, founded in 2005, is a globally recognized solar photovoltaic (PV) module manufacturer and one of India’s leading solar energy solutions providers. The company operates across the entire solar value chain, offering Solar PV Module Manufacturing, EPC (Engineering, Procurement, and Construction) services for turnkey solar power projects, and O&M (Operations & Maintenance) services. As of March 31, 2024, the company had a manufacturing capacity of 4.

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Vikram Solar IPO Allotment FAQs

What is Vikram Solar IPO allotment date?

Vikram Solar IPO allotment date is 22 August 2025. Allotment results are published by Link Intime India on this date.

How to check Vikram Solar IPO allotment status?

Check Vikram Solar IPO allotment status on the Vikram Solar IPO Allotment Status page on IPOwiz, on Link Intime India (linkintime.co.in), BSE IPO allotment page, or the IPOwiz App using your PAN.

How to check Vikram Solar IPO allotment by PAN?

Enter your PAN on Link Intime India allotment portal (https://linkintime.co.in/Initial_Offer/public-issues.html), BSE IPO allotment, IPOwiz App, or the IPOwiz Vikram Solar IPO Allotment Status page. Results are available from 22 August 2025.

When will Vikram Solar IPO allotment result be announced?

Vikram Solar IPO allotment result will be out on 22 August 2025, usually after market hours. Refunds for non-allotted applicants follow on 23 August 2025.

What are Vikram Solar IPO retail allotment chances?

At 6.68x subscription by applications, about 1 in 7 retail applicants may get allotment (~15% chance per application). Allotment is by lottery. Share subscription was 7.95x. Allotment chances use applications, not share volume.

What are Vikram Solar IPO SHNI allotment chances?

At 38.23x subscription by applications, about 1 in 38 SHNI applicants may get allotment (~3% chance per application). Allotment is by lottery. Share subscription was 39.47x. Allotment chances use applications, not share volume.

What are Vikram Solar IPO BHNI allotment chances?

At 12.25x subscription by applications, about 1 in 12 BHNI applicants may get allotment (~8% chance per application). Allotment is by lottery. Share subscription was 59.58x. Allotment chances use applications, not share volume.

Is Vikram Solar IPO SHNI and BHNI allotment by lottery?

Yes. In Vikram Solar IPO, Retail, SHNI (Rs 2L to Rs 10L), and BHNI (above Rs 10L) allotment is by lottery when the category is oversubscribed. If allotted, you get at least one lot.

When will Vikram Solar IPO refund be credited?

If you are not allotted in Vikram Solar IPO, your blocked ASBA amount is unblocked and refunded on 23 August 2025. UPI applications unblock automatically; net-banking ASBA is unblocked by your bank.

When will Vikram Solar IPO shares be credited to demat?

Allotted Vikram Solar IPO shares are credited to your demat account on 23 August 2025, one day before listing on 26 August 2025.

When is Vikram Solar IPO listing date?

Vikram Solar IPO listing date is 26 August 2025. The stock lists on NSE and BSE. You can sell allotted shares from the opening bell. No lock-in for retail in mainboard IPOs.

What to do if not allotted in Vikram Solar IPO?

No action is needed. Your application amount is refunded on 23 August 2025 to the bank account linked to your IPO bid. You can apply in the next IPO.

How to check Vikram Solar IPO allotment on BSE?

Visit the BSE IPO allotment page, select Vikram Solar IPO, and enter your application number or PAN. Results go live on 22 August 2025 alongside the registrar website.

How to check Vikram Solar IPO allotment on Link Intime India?

Go to https://linkintime.co.in/Initial_Offer/public-issues.html, select Vikram Solar IPO, and search by PAN or application number from 22 August 2025. For help, call 022-4918 6270 (toll free).

What is expected listing price of Vikram Solar IPO?

Based on GMP of ₹37 (+11.14%), Vikram Solar IPO expected listing price is about ₹369 per share (issue price ₹332 + GMP). Actual price is set on 26 August 2025.

What is Vikram Solar IPO subscription status?

See full QIB, NII, SHNI, BHNI, and Retail subscription for Vikram Solar IPO on the Vikram Solar IPO Subscription Status page on IPOwiz.

Check your allotment status from 22 August 2025 on the IPOwiz Allotment Checker. For listing day updates on 26 August 2025, follow the IPOwiz Telegram Channel or download the IPOwiz App.

Sources

We match Vikram Solar IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Link Intime IndiaOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews allotment guides before they go live.