Support

Vikram Solar Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Vikram Solar Ltd IPO

Registered Office: Biowonder Unit #.1102 11th Flr,789 Anandapur Main Roadd E K T , Kolkata - 700107 , West Bengal , India.
Phone : 91-33-2442 7399/2442 7299   Fax:
Email :  secretarial@vikramsolar.com  
Website :  www.vikramsolar.com
Initial public offering of 62,631,604 equity shares of face value of (Rs)10/- each ("Equity Shares") of Vikram Solar Limited ("the Company" or "Company" or "Issuer") for cash at a price of (Rs)332/- per equity share ("Offer Price") aggregating to (Rs)2079.37 crores (the "Offer") Comprising of a fresh issue of 45,180,722 equity shares aggregating to (Rs)1500.00 crores by the company ("Fresh Issue") and an offer for sale of 17,450,882 equity shares aggregating to (Rs)579.37 crores ("Offer for Sale") comprising of 6,000,000 equity shares aggregating to (Rs)199.20 crores by Gyanesh Chaudhary, 1,500,000 equity shares aggregating to (Rs)49.80 crores by Vikram Capital Management Private Limited and 9,950,882 equity shares aggregating to (Rs)330.37 crores by Anil Chaudhary, collectively referred to as the "Selling Shareholders", and such equity shares, the "Offered Shares"). The offer included a reservation of 301,204 equity shares, aggregating to (Rs)10.00 crores (Constituting upto 5% of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer constitutes 17.32% and 17.23%, respectively, of the post-offer paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Aug-25 21-Aug-25 (Rs)332.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :45  Further Multiples of :45

  (Rs Cr) Lead Managers to the Issue
Project Cost 1414.49
Equirus Capital Pvt Ltd
Project Financed through Current Offer 2079.37  
Post Issue Equity Share Capital 361.72  
Issue Price (Rs)332.00  
 
Projects
Partial funding of capital expenditure for the Phase-I ProjectGeneral Corporate Purposes
Funding of capital expenditure for the Phase-II Project
Promoted By
Gyanesh Chaudhary  
Gyanesh Chaudhary Family Trust  
Vikram Capital Management Pvt  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd