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Vikram Solar IPO Allotment Status

|Allotment Date: 22 Aug 2025|Listing Date: 26 Aug 2025|Listed

Vikram Solar IPO closed on 21 August 2025. Allotment will be finalised on 22 August 2025. Refunds for unsuccessful applicants will be initiated on 23 August 2025. Shares will be credited to demat accounts on 23 August 2025. The stock lists on NSE and BSE on 26 August 2025.

Issue Price

Rs 332.00

Allotment Date

22 August 2025

Refund Date

23 August 2025

Share Credit Date

23 August 2025

Listing Date

26 August 2025

Registrar

Link Intime India

GMP Today

Rs 37.00 (11.14%)

Est. Listing Price

Rs 369.00

Est. Profit / Lot

Rs 1,665.00

Vikram Solar IPO Allotment Chances

Allotment odds below use application subscription (number of bids received), not share or amount subscribed.

Retail

  • Application subscription: 6.68x.
  • Allotment odds: about 1 in 7 (~15% chance per application).
  • Method: Lottery. If allotted, you receive at least one lot.
  • Share subscription was 7.95x. Allotment uses application count, not share volume.
  • One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.

SHNI (Rs 2 lakh to Rs 10 lakh)

  • Application subscription: 38.23x.
  • Allotment odds: about 1 in 38 for a minimum-lot application (~3% of the applied lot on average).
  • Method: Proportional. Shares allotted are based on your bid size, not a lottery.
  • Share subscription was 39.47x. Allotment uses application count, not share volume.

BHNI (above Rs 10 lakh)

  • Application subscription: 12.25x.
  • Allotment odds: about 1 in 12 for a minimum-lot application (~8% of the applied lot on average).
  • Method: Proportional. Shares allotted are based on your bid size, not a lottery.
  • Share subscription was 59.58x. Allotment uses application count, not share volume.

Check the Vikram Solar IPO Subscription Status for the full category-wise breakdown.

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 the Play 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?

Once allotment is finalised on 22 August 2025, the process moves as follows.

If you are allotted shares: Shares will be credited to your demat account on 23 August 2025. You can hold or sell on listing day, 26 August 2025. Based on current GMP of Rs 37.00, the estimated listing price is Rs 369.00 per share.

If you are not allotted shares: Your blocked amount (ASBA) will be unblocked and refunded on 23 August 2025. The refund goes back to the bank account linked to your application. UPI-based applications are unblocked automatically. ASBA applications through net banking are unblocked by your bank.

On listing day: The stock lists on NSE and BSE on 26 August 2025. You can sell your allotted shares from the moment trading begins. There is no lock-in for retail investors in a mainboard IPO.

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 IPO allotment date?

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

How to check Vikram Solar IPO IPO allotment status?

Check Vikram Solar IPO 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 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 IPO allotment result be announced?

Vikram Solar IPO 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 allotment chances in Vikram Solar IPO IPO for Retail?

At 6.68x subscription by applications, approximately 1 in 7 retail applicants can expect an allotment (~15% per application). Allotment is by lottery. Share subscription was 7.95x. Allotment uses application count, not share volume.

When will Vikram Solar IPO IPO refund be credited?

If you are not allotted in Vikram Solar IPO 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 IPO shares be credited to demat?

Allotted Vikram Solar IPO 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 IPO listing date?

Vikram Solar IPO 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 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 IPO allotment on BSE?

Visit the BSE IPO allotment page, select Vikram Solar IPO 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 IPO allotment on Link Intime India?

Go to https://linkintime.co.in/Initial_Offer/public-issues.html, select Vikram Solar IPO 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 IPO?

Based on GMP of ₹37 (+11.14%), Vikram Solar IPO 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 IPO subscription status?

Final category-wise subscription for Vikram Solar IPO IPO is on the Vikram Solar IPO Subscription Status page on IPOwiz, including QIB, NII, and Retail figures.

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.

Reviewed by Dinesh Agrawal

15+ years in Indian capital markets and IPO research. Allotment guide verified before publish.