Vikram Solar IPO IPO GMP Today
The Vikram Solar IPO IPO opens on 19 August 2025. Vikram Solar IPO IPO GMP is Rs 37.00 today. Listing price estimate is Rs 369.00 (issue price Rs 332.00). Listing gain estimate: 11.14%.
Issue Price
Rs 332.00
GMP Today
Rs 37.00
GMP %
+11.14%
Listing Price
Rs 369.00
Listing Gain / Lot
Rs 1,665.00
Listing Date
26 Aug 2025
Vikram Solar IPO IPO GMP Day Wise
GMP for Vikram Solar IPO started at Rs 0 on 11 August 2025 and stood at Rs 41 on 22 August 2025. The sharpest single-day jump was from Rs 0 on 11 Aug 2025 to Rs 69 on 12 Aug 2025. The upward move through the subscription window usually reflects building demand across investor categories rather than a one-day spike.
| Date | Issue Price | GMP | Listing Price | Estimated Profit |
|---|---|---|---|---|
| 22 Aug 2025Today | Rs 332.00 | Rs 41.00 | Rs 373.00 (+12.35%) | Rs 1,845.00 |
| 21 Aug 2025 | Rs 332.00 | Rs 45.00 | Rs 377.00 (+13.55%) | Rs 2,025.00 |
| 20 Aug 2025 | Rs 332.00 | Rs 42.00 | Rs 374.00 (+12.65%) | Rs 1,890.00 |
| 19 Aug 2025 | Rs 332.00 | Rs 48.00 | Rs 380.00 (+14.46%) | Rs 2,160.00 |
| 18 Aug 2025 | Rs 332.00 | Rs 54.00 | Rs 386.00 (+16.27%) | Rs 2,430.00 |
| 17 Aug 2025 | Rs 332.00 | Rs 68.00 | Rs 400.00 (+20.48%) | Rs 3,060.00 |
| 16 Aug 2025 | Rs 332.00 | Rs 63.00 | Rs 395.00 (+18.98%) | Rs 2,835.00 |
| 15 Aug 2025 | Rs 332.00 | Rs 60.00 | Rs 392.00 (+18.07%) | Rs 2,700.00 |
| 14 Aug 2025 | Rs 332.00 | Rs 57.00 | Rs 389.00 (+17.17%) | Rs 2,565.00 |
| 13 Aug 2025 | Rs 332.00 | Rs 68.00 | Rs 400.00 (+20.48%) | Rs 3,060.00 |
| 12 Aug 2025 | Rs 332.00 | Rs 69.00 | Rs 401.00 (+20.78%) | Rs 3,105.00 |
| 11 Aug 2025 | Rs 332.00 | Rs 0.00 | Rs 332.00 (+0.00%) | Rs 0.00 |
Vikram Solar IPO IPO Listing Price
Based on today's GMP, Vikram Solar IPO IPO listing price estimate is Rs 369.00 per share (issue price Rs 332.00 + GMP Rs 37.00).
Actual listing price will be known on 26 August 2025 when the stock lists on NSE/BSE.
Vikram Solar IPO IPO Listing Gain
Lot size: 45 shares
GMP today: Rs 37.00
Estimated listing gain per lot: Rs 37.00 × 45 = Rs 1,665.00
At about 11.1% GMP, demand looks positive but not aggressive. Listing outcome will depend heavily on subscription data and market mood on listing day.
GMP has moved up over the tracked period. Steady increases through the subscription window are usually a stronger signal than a single-day spike.
GMP is unofficial. Listing gain can differ on listing day.
Vikram Solar IPO IPO Subscription Status
GMP and subscription numbers often move together. When institutional and HNI demand is strong, grey market participants usually price in a higher premium. Current overall subscription for Vikram Solar IPO is 56.42x. Compare this with the GMP trend to see if demand aligns. The GMP move around 12 Aug 2025 may reflect how the market reacted once the subscription window activity picked up after 19 Aug 2025.
See live figures on the Vikram Solar IPO IPO Subscription Status page.
Vikram Solar IPO IPO Details
| Field | Value |
|---|---|
| Price Band | ₹315.00-332.00 |
| Issue Size | ₹2079.37 Cr |
| Lot Size | 45 shares |
| IPO Type | Mainboard |
| Open Date | 19 Aug 2025 |
| Close Date | 21 Aug 2025 |
| Listing Date | 26 Aug 2025 |
| Subscription | 56.42x |
Vikram Solar IPO IPO full details (financials, peers, 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 4.5 GW, with plans to expand to 15.50 GW by Fiscal 2027.
Vikram Solar IPO IPO GMP FAQs
What is the current GMP for Vikram Solar IPO?
The current GMP for Vikram Solar IPO is Rs 37 as of 18 June 2026, 9:17 PM IST. This is a premium of 11.14% over the issue price of Rs 332.
What is the estimated listing price based on current GMP?
The estimated listing price is Rs 369 per share, calculated as issue price (Rs 332) plus GMP (Rs 37). Actual listing price will be confirmed on 26 August 2025.
Will Vikram Solar IPO IPO list at the GMP price?
Vikram Solar IPO IPO may list around Rs 369 based on current GMP of Rs 37, but there is no guarantee it will list exactly at the grey market price. GMP is unofficial. The actual listing price on 26 August 2025 depends on market sentiment, subscription demand, and broader index levels on listing day. When subscription is strong and GMP holds steady after the IPO closes, listing price often comes close to the GMP estimate. Sharp GMP drops after subscription close have led to listings below the grey market price in the past.
What is the estimated profit per lot based on GMP?
At GMP of Rs 37 and lot size of 45 shares, estimated grey market profit is Rs 1,665 (1 lot x 45 shares x Rs 37). This is unofficial and not guaranteed.
What is GMP (Grey Market Premium)?
GMP is the premium at which IPO shares trade in the unofficial grey market before listing on NSE or BSE. It reflects informal demand and sentiment, not an exchange-set price.
How is GMP calculated?
Estimated listing price = issue price + GMP. GMP percentage = (GMP / issue price) x 100. Estimated profit per lot = GMP x lot size x minimum lots (2 for SME, 1 for mainboard).
Is GMP reliable for IPO investment decisions?
GMP is a sentiment indicator. Use it with subscription data, financials, valuation, and market conditions. It does not guarantee listing price or listing day gains.
Can GMP change before listing?
Yes. GMP can change between the close date (21 August 2025) and listing date (26 August 2025) based on market mood, news, and broader index movement.
What happens if GMP is negative?
Negative GMP suggests weak informal demand and possible listing below issue price. Actual listing may still differ.
How does GMP affect IPO subscription?
Rising GMP can attract more applications in the final hours of subscription. High GMP with weak fundamentals has still led to poor listings, so read subscription category-wise before applying.
Where can I track Vikram Solar IPO subscription and allotment?
Check Vikram Solar IPO IPO subscription status on IPOwiz for live category-wise bids. Allotment status can be checked from the allotment date on the IPOwiz allotment page.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. GMP verified before publish.