Vikram Photo voltaic share value made a modest debut within the Indian inventory market right this moment. Vikram Photo voltaic shares have been listed at ₹340.00 apiece on the BSE, a premium of two.41% to the problem value of ₹332 per share.
On NSE, Vikram Photo voltaic shares have been listed with a 1.81% premium at ₹338.00 per share.
Vikram Photo voltaic IPO itemizing value was decrease than the Avenue estimates as indicated by the tendencies for gray market premium (GMP). Vikram Photo voltaic IPO GMP right this moment signaled the debut at round 11% premium to the problem value.
Harshal Dasani Enterprise Head, INVasset PMS mentioned that the sturdy institutional urge for food displays confidence in Vikram Photo voltaic’s positioning as one in all India’s largest built-in photo voltaic module producers with a rising EPC footprint.
“Whereas near-term itemizing features look promising, the sustainability of efficiency will depend upon execution self-discipline, margin growth, and supportive coverage frameworks. For buyers, the Vikram Photo voltaic IPO provides tactical upside, however medium- to long-term positioning requires a measured allocation technique,” mentioned Dasani.
Vikram Photo voltaic IPO Particulars
The preliminary public providing (IPO) of the photo voltaic photo-voltaic (PV) modules producer Vikram Photo voltaic Ltd was open for subscription on August 19 to August 21. The IPO allotment was finalised on August 22, and Vikram Photo voltaic IPO itemizing date was right this moment, 26 August 2025, Tuesday.
Vikram Photo voltaic IPO obtained robust demand from buyers as the problem was subscribed 54.63 instances in complete, NSE knowledge confirmed. The general public situation was subscribed 7.65 instances within the retail class, and 142.79 instances within the Certified Institutional Patrons (QIBs) class. The Non Institutional Traders (NII) class obtained 50.90 instances subscription.
The corporate raised ₹2,079.37 crore from the general public situation which was a mix of recent situation of 4.52 crore fairness shares value ₹1,500 crore and supply on the market of 1.75 crore shares amounting to ₹579.37 crore. Vikram Photo voltaic IPO value band was set at ₹315 to ₹332 per share.
The corporate proposes to utilise the funds raised to assist new capability additions and greenfield expansions, together with a 3 GW photo voltaic cell and module facility beneath growth, positioning the corporate to capitalise on each home renewable demand and export alternatives.
JM Monetary Ltd. is the e book working lead supervisor and MUFG Intime India Pvt. Ltd. is the Vikram Photo voltaic IPO registrar.
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