Vikram Solar Ltd – Powering a Sustainable Tomorrow
In an era where clean energy is no longer an option but a necessity, Vikram Solar Ltd. has emerged as one of India’s leading solar energy solution providers, driving the nation and the world toward a greener, more sustainable future. With innovation at its core and sustainability as its mission, the company is redefining the way we harness the power of the sun.
A Legacy of Excellence
Founded with the vision of making solar energy accessible and efficient, Vikram Solar Ltd has grown into a global leader in the renewable energy sector. The company specializes in the manufacturing of high-efficiency solar photovoltaic (PV) modules, comprehensive EPC (Engineering, Procurement & Construction) solutions, and robust O&M (Operations & Maintenance) services.
Innovation & Technology at the Forefront
Vikram Solar is widely recognized for its cutting-edge R&D, advanced manufacturing facilities, and global quality standards. Its solar modules are designed to deliver maximum performance and durability, even in the most challenging environmental conditions. By integrating advanced technology with sustainable practices, the company ensures every project creates long-term value.
Global Footprint, Local Impact
With a presence in more than 30 countries worldwide, Vikram Solar has successfully installed and commissioned utility-scale and rooftop solar projects across diverse geographies. At the same time, the company continues to empower local communities in India by bringing clean energy solutions to industries, institutions, and households, driving both economic and environmental benefits.
Sustainability & Responsibility
Vikram Solar goes beyond business—it embraces responsibility. From adopting eco-friendly manufacturing processes to enabling carbon reduction on a large scale, the company is committed to building a cleaner planet. Its projects have already contributed significantly to India’s renewable energy capacity, aligning with the nation’s ambitious goals of energy independence and climate action.
The Road Ahead
As the world transitions toward net-zero emissions, Vikram Solar Ltd stands at the forefront of innovation, ready to accelerate the shift to renewable energy. With its strong foundation, global expertise, and unwavering commitment to sustainability, the company is not just powering industries and homes—it’s powering a brighter, cleaner, and more sustainable tomorrow.
Vikram Solar Ltd. IPO Timetable
Particular | Date |
IPO Open Date | 19 Aug 2025 |
IPO Close Date | 21 Aug 2025 |
Allotment Date | 22 Aug 2025 |
IPO Listing Date | 26 Aug 2025 |
Vikram Solar Ltd. IPO Details
Issue Type | Bookbuilding IPO |
Face Value | Rs. 10 Per Equity Share |
IPO Price | Rs. 315 to 332 Per Equity Share |
Market Lot | 45 Share |
ISIN Code | |
Listing At | NSE, BSE |
Issue Size | Approx. Rs. 2079 Crore. |
Vikram Solar Ltd. IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 45 | Rs. 14940 |
Maximum | 13 | 585 | Rs. 194220 |
Small HNI (Minimum) | 14 | 630 | Rs. 209160 |
Big HNI (Minimum) | 67 | 3082 | Rs. 1000980 |
Vikram Solar Ltd. IPO Allotment Status
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Company Financials :
Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
Total Assets | 2832.15 | 2585.50 | 2476.29 |
Total Revenue | 3459.53 | 2523.96 | 2091.91 |
Profit After Tax | 139.83 | 79.72 | 14.49 |
Company Promoters:
Gyanesh Chaudhary, Gyanesh Chaudhary Family Trust and Vikram Capital Management Private Limited are the company promoters.
Objects of this Issue:
- Partial funding of capital expenditure for the Phase-I Project.
- Funding of capital expenditure for the Phase-II Project.
- General Corporate Purposes.
Registrar & Company Details
Company Contact Information | IPO Registrar |
Vikram Solar Ltd. Biowonder, Unit No. 1102, 11th Floor, 789, Anandapur Main Road, Eastern Metropolitan Bypass, E.K.T, Kolkata, West Bengal, 700107 Phone: +91 33 2442 7399 Email: secretarial@vikramsolar.com Website: http://www.vikramsolar.com/ | MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: vikramsolar.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |