The Vikram Solar IPO has captured massive attention among investors in India due to its promising growth potential in the renewable energy sector. As one of the leading solar energy solution providers, Vikram Solar’s public issue is being seen as a golden opportunity for both retail and institutional investors. In this article, we provide a detailed guide on the Vikram Solar IPO allotment status, listing process, GMP updates, and everything you need to know to stay ahead.
About Vikram Solar Limited
Vikram Solar Limited is a globally recognized solar energy solutions provider, headquartered in Kolkata, India. The company has been a pioneer in the solar PV module manufacturing industry and is known for providing end-to-end solar solutions, including engineering, procurement, and construction (EPC) services.
With operations spanning across 32 countries and a strong focus on innovation, Vikram Solar has established itself as a trusted brand in the renewable energy sector. Its strong client base includes government projects, corporate clients, and international partners, which gives the company a robust foundation for long-term growth.
Vikram Solar IPO Details
Before tracking the allotment status, it is important to know the major highlights of the IPO:
IPO Size: Approx. ₹1,500 crore (combination of fresh issue and offer for sale).
Price Band: ₹XX – ₹XX per equity share.
Lot Size: Investors can apply in lots of XX shares and in multiples thereafter.
Minimum Investment: Around ₹14,000 – ₹15,000 for retail investors.
Face Value: ₹10 per equity share.
Exchange Listing: Shares to be listed on both NSE and BSE.
Registrar: Link Intime India Private Limited.
How to Check Vikram Solar IPO Allotment Status Online
Investors can easily check their Vikram Solar IPO allotment status online through the official registrar’s website or via stock exchange portals. Here’s a step-by-step guide:
1. Via Link Intime (Registrar’s Website)
Visit the Link Intime IPO allotment page.
Select Vikram Solar Limited IPO from the drop-down menu.
Choose any of the following options:
Application Number
PAN Card
DP Client ID
Enter the details correctly and submit.
The system will display your allotment status.
2. Via BSE Website
Go to the BSE IPO Allotment Page.
Select “Equity” under Issue Type.
Choose Vikram Solar Limited from the drop-down.
Enter your Application Number or PAN Number.
Verify Captcha and click Search.
Within seconds, your IPO allotment status will be displayed.
Expected Listing Date and Market Debut
The basis of allotment for Vikram Solar IPO is expected to be finalized within 5–6 working days after the issue closes. The credit of shares into the demat account will be completed a day before the listing date. The IPO shares are expected to be listed on NSE and BSE within 7–8 working days after closure.
Basis of Allotment Finalization: [Insert Date]
Refund Initiation: [Insert Date]
Demat Credit of Shares: [Insert Date]
Listing Date: [Insert Date]
Grey Market Premium (GMP) Updates
The Grey Market Premium (GMP) plays a vital role in indicating investor sentiment toward an IPO before its official listing. For Vikram Solar, market experts are observing significant retail interest due to the growing demand for renewable energy solutions.
Current GMP: ₹XX – ₹XX (subject to market conditions).
Expected Listing Gain: Around 15% – 20% (based on grey market trends).
Please note that GMP is unofficial and may fluctuate daily depending on market demand and sentiment.
Financial Performance of Vikram Solar
Investors are particularly interested in the financial stability and profitability of the company before subscribing to the IPO.
Revenue Growth: The company has reported strong growth in revenue due to higher adoption of solar energy.
EBITDA Margin: Stable margins with a consistent focus on cost efficiency.
Order Book: A robust order pipeline from both domestic and international markets.
Debt Position: Moderate debt levels with healthy cash flows, indicating financial stability.
This makes Vikram Solar IPO an attractive option for long-term investors looking to gain exposure to the renewable energy sector.
Why Investors Are Eyeing Vikram Solar IPO
There are several reasons why the Vikram Solar IPO has generated buzz among retail and institutional investors:
Growing Renewable Energy Demand – India’s push toward solar energy adoption makes this sector highly promising.
Strong Market Position – Vikram Solar is one of the leading solar module manufacturers with global recognition.
Government Initiatives – Policies supporting clean energy transition add significant growth opportunities.
Attractive Valuation – Competitive pricing of the IPO compared to peers in the renewable energy sector.
Sustainability Focus – Increasing ESG (Environmental, Social, Governance) investment makes this company appealing to long-term investors.
What Should Investors Do After Allotment?
If you are allotted shares of Vikram Solar IPO , here’s what you should keep in mind:
Hold for Long-Term Growth: Given the company’s strong fundamentals, long-term holding may yield better returns.
Monitor Listing Price: If the stock lists at a significant premium, short-term investors can consider booking profits.
Track Company Updates: Keep an eye on quarterly results, new projects, and government policies affecting solar energy.
For investors who do not receive an allotment, funds will be refunded, and you can explore opportunities in the secondary market post-listing.
Conclusion
The Vikram Solar IPO allotment status has become one of the most searched topics among retail and institutional investors in India. With a strong presence in the renewable energy sector, promising financial performance, and increasing demand for solar energy, this IPO is expected to deliver significant opportunities for investors.
As the allotment process concludes and the shares debut on the stock exchange, all eyes will be on the listing gains and the company’s long-term growth trajectory. Investors are advised to keep track of updates on allotment status through official registrar and stock exchange websites.
