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.
54.6 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 1,26,67,954 | 1,80,88,16,760 | 143× |
| Foreign Institutional Investors | no separate quota | 54,99,55,890 | n/a |
| Domestic Financial Institutions | no separate quota | 86,61,80,430 | n/a |
| Mutual funds | no separate quota | 7,00,11,360 | n/a |
| Others | no separate quota | 32,26,69,080 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 97,12,871 | 49,43,81,250 | 51× |
| Non Institutional Investors | 64,75,248 | 37,13,60,295 | 57× |
| Corporates | no separate quota | 41,33,565 | n/a |
| Individuals | no separate quota | 34,73,50,995 | n/a |
| Others | no separate quota | 1,98,75,735 | n/a |
| Non Institutional Investors | 32,37,623 | 12,30,20,955 | 38× |
| Corporates | no separate quota | 3,85,515 | n/a |
| Individuals | no separate quota | 11,65,37,040 | n/a |
| Others | no separate quota | 60,98,400 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 2,26,63,365 | 17,34,22,845 | 7.65× |
| Cut Off | no separate quota | 14,12,72,685 | n/a |
| Price bids | no separate quota | 3,21,50,160 | n/a |
| Employees | 3,17,460 | 15,37,110 | 4.84× |
| Cut Off | no separate quota | 12,63,960 | n/a |
| Price Bids | no separate quota | 2,73,150 | n/a |
| Total | 4,53,61,650 | 2,47,81,57,965 | 55× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:17 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.