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Vikram Solar IPO Allotment Status 2025: Check Latest GMP, Steps to Verify Status

Sushil Verma
On: August 23, 2025 4:47 PM
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Vikram Solar IPO Allotment Status 2025

Vikram Solar IPO Allotment Status 2025:- The wait is over for investors eagerly tracking the Vikram Solar IPO Allotment Status 2025! With the renewable energy sector buzzing, Vikram Solar’s IPO has sparked excitement, but the uncertainty of allotment can be nerve-wracking. This article is your ultimate guide to checking the Vikram Solar IPO Allotment Status online, understanding the latest grey market premium (GMP), and predicting listing gains. Packed with clear steps, data-driven insights, and practical tips, this 2000+ word piece ensures you’re equipped to navigate the process and make informed decisions. Whether you’re a retail investor or a high-net-worth individual (HNI), we’ve got you covered with trustworthy, actionable information.

Vikram Solar IPO Allotment Status 2025: Understanding Vikram Solar and Its IPO

Vikram Solar Limited, a leading name in India’s solar energy sector, specializes in manufacturing high-efficiency photovoltaic modules and providing EPC (Engineering, Procurement, and Construction) services. With India’s renewable energy market projected to grow at a 15% CAGR by 2030, Vikram Solar is well-positioned to capitalize on this boom. The IPO, launched to fund expansion and reduce debt, opened for subscription from August 19 to August 21, 2025, and saw massive interest due to the company’s strong fundamentals and green energy hype.

The IPO’s structure, combining a fresh issue and an offer for sale (OFS), attracted retail investors, HNIs, and qualified institutional buyers (QIBs). Here’s a quick snapshot of the IPO details for clarity.

AspectDetails
Issue Open DateAugust 19, 2025
Issue Close DateAugust 21, 2025
Allotment FinalizationAugust 22, 2025
Listing DateAugust 26, 2025 (BSE & NSE)
Price Band₹315 – ₹332 per share
Lot Size45 shares
Total Issue Size₹2,079.4 Crore
Fresh Issue₹1,500 Crore (4.52 crore shares)
Offer for Sale (OFS)₹579.4 Crore (1.75 crore shares)
RegistrarLink Intime India Pvt Ltd
Subscription Multiple50.23 times overall

This table underscores the IPO’s scale, with a significant fresh issue to fuel growth. Posts on X noted the high subscription, reflecting market confidence.

Vikram Solar IPO Allotment Status: Subscription Breakdown

The Vikram Solar IPO Allotment Status 2025 frenzy stems from its impressive subscription figures. Subscribed 50.23 times, the IPO saw applications for over 225 crore equity shares against the 4.52 crore offered. Retail investors subscribed 35x, HNIs 65x, and QIBs 45x, signaling robust demand across categories.

  • Retail Portion: 35x subscription, driven by green energy optimism.
  • HNI Portion: 65x, indicating big bets from high-net-worth investors.
  • QIB Portion: 45x, with institutions like mutual funds showing strong faith.

Real-world context: Similar renewable energy IPOs in 2024, like Waaree Energies, saw comparable oversubscription, leading to 10-15% listing gains. High demand often hints at a lottery-based allotment, especially for retail investors.

How to Check Vikram Solar IPO Allotment Status Online

Checking your Vikram Solar IPO Allotment Status is simple and can be done using your PAN number. Here’s a step-by-step guide to verify your status on trusted platforms.

Using Link Intime India (Registrar Website)

  1. Visit the official Link Intime IPO portal: www.linkintime.co.in/MIPO/IpoAllotment.html.
  2. Select “Vikram Solar Limited” from the IPO dropdown menu.
  3. Enter your PAN number in the provided field.
  4. Click “Submit” to view your allotment details, including shares allocated or refund status.

This method is fast, secure, and updated by August 22, 2025, evening.

Vikram Solar IPO Allotment Status: Using NSE Website

  1. Go to NSE’s IPO allotment page: www.nseindia.com/products/content/equities/ipos/ipo_allotment_status.htm.
  2. Select “Vikram Solar IPO” and input your PAN.
  3. Submit to check your status instantly.

NSE’s platform is reliable for cross-verification, especially during high traffic.

Vikram Solar IPO Allotment Status: Using BSE Website

  1. Navigate to BSE’s allotment status page: www.bseindia.com/investors/appli_check.aspx.
  2. Choose “Vikram Solar IPO,” enter your PAN, and submit.
  3. View results, including demat credit details.

If allotted, shares appear in your demat account by August 23, 2025. Refunds for non-allotted applications are processed by August 24. Pro tip: Check during off-peak hours to avoid server delays. For a seamless experience, ensure your PAN is linked to your demat account.

Vikram Solar IPO Allotment Status: Latest GMP and Expected Listing Gains

The grey market premium (GMP) for Vikram Solar IPO, as of August 23, 2025, stands at ₹52-54, suggesting a 15-16% premium over the upper price band of ₹332. This points to an expected listing price of ₹384-386 per share. The GMP reflects strong investor enthusiasm, fueled by India’s push for renewable energy and Vikram Solar’s established market presence.

However, GMP isn’t a guaranteed predictor. For instance, a 2024 renewable energy IPO with a similar GMP saw only 10% gains due to market volatility. Factors supporting Vikram Solar’s GMP include:

  • Sector Tailwinds: India’s solar capacity target of 280 GW by 2030.
  • Company Financials: 15% YoY revenue growth in FY24.
  • Market Sentiment: Sensex up 0.8% in August 2025, boosting IPOs.

Investors should monitor GMP trends closer to the listing date (August 26) for accuracy.

Vikram Solar IPO Allotment Status: Share Price Predictions Post-Listing

Analysts predict Vikram Solar shares could hit ₹400-420 in the short term (3-6 months) if the company executes its expansion plans. Long-term targets range from ₹450-500 by mid-2026, assuming stable global energy markets and government incentives for solar adoption.

Key drivers include:

  • Revenue Growth: 15% CAGR projected, per company filings.
  • PE Valuation: At 85x, high but justified by growth prospects.
  • Policy Support: India’s renewable energy subsidies boosting demand.

Comparison with peers:

IPO NameIssue Size (Cr)Listing Gain (%)1-Year Return (%)Key Feature
Vikram Solar2,079.415-16 (Est.)20-25 (Pred.)Solar PV manufacturing
Patel Retail24318-2025-30Supermarket chain
Waaree Energies3,0001218Solar EPC focus
Adani Green5,0001015Large-scale projects

Vikram Solar’s focus on manufacturing gives it an edge in scalability. For more on renewable IPOs, see our internal guide on green energy investments(Vikram Solar IPO Allotment Status). Compare with retail sector trends here.

Vikram Solar IPO Allotment Status 2025 – FAQs

Q1. How can I check the Vikram Solar IPO Allotment Status 2025?
Ans: Checking the Vikram Solar IPO Allotment Status 2025 is a breeze with your PAN number and an internet connection. Start by visiting the registrar’s website, Link Intime India, at www.linkintime.co.in/MIPO/IpoAllotment.html. Select ‘Vikram Solar Limited’ from the dropdown, enter your 10-digit PAN, and hit submit. Within seconds, you’ll see your status—whether shares were allotted, the quantity, or if a refund is due. This platform is investor-friendly, updating by August 22, 2025, evening.

Alternatively, use NSE (nseindia.com) or BSE (bseindia.com) websites. Navigate to their IPO sections, select Vikram Solar, input your PAN, and check results. These exchanges offer real-time updates, ideal for cross-checking. Why PAN? It’s tied to your demat account, ensuring accuracy. If you face server issues, try early morning or contact the registrar’s helpline. Investors often worry about missing allotments—retail chances were 1 in 6.5 due to 35x subscription. If allotted, shares hit your demat by August 23; if not, refunds process by August 24. Historical data shows 80% of high-subscription IPOs like this have streamlined digital checks. Use official platforms to avoid scams

Q2. When was the Vikram Solar IPO allotment finalized?
Ans: The latest grey market premium (GMP) for Vikram Solar IPO, as of August 23, 2025, is ₹52-54, indicating a 15-16% premium over the ₹332 upper price band. This suggests a listing price of ₹384-386 on August 26, 2025. GMP reflects trading in the unregulated grey market, where shares are bought/sold before listing, showing investor sentiment. High GMP, as seen here, points to strong demand, driven by Vikram Solar’s role in India’s solar boom (15% CAGR by 2030). However, GMP isn’t a sure bet—market swings can disrupt predictions.

For example, a 2024 solar IPO with 18% GMP listed at 12% due to global energy price dips. Investors often ask: Is GMP reliable? About 65% of IPOs with GMP above 10% deliver similar gains, per market data. Vikram Solar’s GMP is fueled by its 15% revenue growth and government solar incentives.

Q3. What is the GMP (Grey Market Premium) of Vikram Solar IPO?
Ans: The Vikram Solar IPO lists on August 26, 2025, on BSE and NSE, with trading starting at 10 AM IST. Expect high volatility in the first hour as allottees may flip shares for quick gains, given the ₹52-54 GMP (15-16% premium). Listing price is projected at ₹384-386, but pre-open sessions could adjust this. Investors often wonder: Hold or sell? Short-term traders might exit at 15% gains, while long-term holders eye ₹450-500 by 2026, per analysts. Past solar IPOs, like Waaree Energies, saw 10-15% intraday swings.

Q4. When is the Vikram Solar IPO listing date?
Ans: Investing in Vikram Solar IPO carries risks, despite its green energy appeal. Market volatility is a key concern—share prices can drop post-listing due to profit-taking or economic shifts. For instance, a 2023 solar IPO fell 8% initially due to global supply chain issues. High subscription (50x) means slim retail allotment chances (1 in 6.5), risking opportunity costs. GMP (₹52-54) may inflate expectations, but it’s unregulated and can vanish if sentiment sours. Company risks: High PE (85x) suggests overvaluation; debt reduction reliance on IPO funds is critical. Competition from giants like Adani Green and reliance on government subsidies add uncertainty

Q5. What happens if I don’t get an allotment in the Vikram Solar IPO?
Ans: Vikram Solar IPO stands out among renewable energy IPOs due to its manufacturing focus. Compared to Waaree Energies (₹3,000 Cr, 12% listing gain), Vikram’s ₹2,079.4 Cr issue and 50x subscription (vs. Waaree’s 40x) signal stronger demand. Adani Green’s larger ₹5,000 Cr IPO had 10% gains but focuses on large-scale projects. Vikram’s GMP (15-16%) edges out Waaree’s 12%. Strengths: Competitive pricing (₹315-332) and 15% revenue growth align with sector trends (15% CAGR). Weaknesses: Higher PE (85x) vs. Adani’s 60x. Retail accessibility is better than larger peers.

Conclusion

The Vikram Solar IPO Allotment Status 2025 marks a pivotal moment for investors eyeing India’s renewable energy growth. With a simple PAN-based online check, you can confirm your allotment and prepare for a potential 15-16% listing gain on August 26. The IPO’s strong subscription, solid GMP, and long-term potential make it a compelling opportunity, though risks like volatility warrant caution. Key takeaways: Verify status via official platforms, monitor GMP, and align strategies with your goals.

Share your allotment experience in the comments, spread this guide, or join our newsletter for more IPO insights!

Sushil Verma

Sushil Verma

Sushil Verma is a passionate writer with deep knowledge in finance, the stock market, and the latest news updates. He simplifies complex topics to help readers stay informed and make better decisions.

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