ListedMainboardVIKRAMSOLR

Vikram Solar IPO

Vikram Solar IPO is a mainboard IPO raising ₹2,079 Cr at ₹315 – ₹332 a share. It listed on 26 Aug 2025 and trades at ₹177 today, −46.5% against its issue price of ₹332. It was subscribed 55× in total.

332
Issue price
177
Price now
−46.5%
Since issue price
26 Aug 2025
Listed on
55×Subscribed (final) · all exchanges

54.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Lead managers, and how their past issues have done

Median return since issue price across every IPO we hold this bank on. Not a forecast for this issue — a record.

Lead managerIPOs we hold them onOf which we can priceMedian return since issue
JM Financial Limited9987+26.1%
Nuvama Wealth Management Limited2726−15.9%
UBS Securities India Private Limited43−7.4%
Equirus Capital Private Limited3228+15.0%
PhillipCapital (India) Private Limited11−46.5%

A bank appears on an issue we can price only when the company is matched to our price history, so the two counts differ. See the full league table →

Registrar

Contact them about allotment, refunds or unblocking your application amount — not the company, and not the exchange.

NameMUFG Intime India Private Limited
ContactShanti Gopalkrishnan
Emailvikramsolar.ipo@in.mpms.mufg.com
Phone+91 22 4918 6200