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.
Live Subscription by Application
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,24,66,080 | 2,330 | 0.00x |
FII | - | 126 | - |
DFI | - | 80 | - |
MF | - | 308 | - |
Other | - | 1,816 | - |
| NII | 14,841 | 3,10,285 | 20.91x |
bNII | 9,894 | 1,21,181 | 12.25x |
Corporate | - | 1,160 | - |
Individual | - | 1,13,476 | - |
Other | - | 6,545 | - |
sNII | 4,947 | 1,89,104 | 38.23x |
Corporate | - | 505 | - |
Individual | - | 1,79,109 | - |
Other | - | 9,490 | - |
| Retail | 4,84,792 | 32,38,731 | 6.68x |
Cut-off price | - | 26,20,364 | - |
Fixed price | - | 6,18,367 | - |
| Employee | 6,693 | 25,895 | 3.87x |
Cut-off price | - | 21,721 | - |
Fixed price | - | 4,174 | - |
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Join NowLive Subscription by Shares
| Category | Shares Offered | Shares Applied | Subscription |
|---|---|---|---|
| QIB | 1.25 Cr | 180.88 Cr | 145.10x |
FII | - | 55.00 Cr | - |
DFI | - | 86.62 Cr | - |
MF | - | 7.00 Cr | - |
Other | - | 32.27 Cr | - |
| NII | 93.50 L | 49.44 Cr | 52.88x |
bNII | 62.33 L | 37.14 Cr | 59.58x |
Corporate | - | 41.34 L | - |
Individual | - | 34.74 Cr | - |
Other | - | 1.99 Cr | - |
sNII | 31.17 L | 12.30 Cr | 39.47x |
Corporate | - | 3.86 L | - |
Individual | - | 11.65 Cr | - |
Other | - | 60.98 L | - |
| Retail | 2.18 Cr | 17.34 Cr | 7.95x |
Cut-off price | - | 14.13 Cr | - |
Fixed price | - | 3.22 Cr | - |
| Employee | 3.01 L | 15.37 L | 5.10x |
Cut-off price | - | 12.64 L | - |
Fixed price | - | 2.73 L | - |
Data Last Updated
22 Aug 2025, 06:25 pm
Understanding Subscription Categories
QIB
Qualified Institutional Buyers
Includes FII, DFI, Mutual Funds, and other qualified institutions.
NII
Non-Institutional Investors
High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).
Retail
Retail Individual Investors
Retail investors with applications up to ₹2 lakh per PAN.