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VIKRAMSOLREQ / NSE, BSEListed
Vikram Solar

Vikram Solar Limited, established in 2005, is a leading name in the solar energy sector, specializing in the production of high-efficiency photovoltaic (PV) modules. Serving both Indian and international markets, the company offers advanced solar solutions through three main business segments: PV module manufacturing, turnkey Engineering, Procurement, and Construction (EPC) services, and operations and maintenance (O&M) support to ensure long-term performance and reliability of solar installations. Its product portfolio features high-performance modules developed using cutting-edge technologies such as PERC (p-type monocrystalline silicon with Passivated Emitter and Rear Contact), TOPCon (n-type monocrystalline silicon with Tunnel Oxide Passivated Contact), and HJT (n-type silicon with Heterojunction Technology). These modules are available in both bifacial (glass-to-glass or glass-to-transparent back sheet) and monofacial (glass-to-white or black back sheet) variants. The company operates two strategically located manufacturing facilities—one in Falta SEZ, Kolkata, West Bengal, and another in Oragadam, Chennai, Tamil Nadu. As of March 31, 2024, Vikram Solar had a workforce comprising 1,513 permanent employees and 728 contractual workers

₹315 - ₹33256.41x sub
Listed Price₹338.00
Listing Gain+1.81%

Subscription Status

56.41xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB145.10x
🔥 Blockbuster Sizzling Demand!Offered: 1,24,66,080 sh
Nib52.88x
🔥 Blockbuster Sizzling Demand!Offered: 93,49,560 sh
Hnis(10l +)59.58x
🔥 Blockbuster Sizzling Demand!Offered: 62,33,040 sh
Hnis (2-10l)39.47x
🔥 Blockbuster Sizzling Demand!Offered: 31,16,520 sh
Retail7.95x
Popular / Warm DemandOffered: 2,18,15,640 sh
Employees5.10x
Popular / Warm DemandOffered: 3,01,205 sh
CategoryOfferedAppliedTimes
QIB1,24,66,0801,80,88,16,760145.1x
Nib93,49,56049,43,81,25052.88x
Hnis(10l +)62,33,04037,13,60,29559.58x
Hnis (2-10l)31,16,52012,30,20,95539.47x
Retail2,18,15,64017,34,22,8457.95x
Employees3,01,20515,37,1105.1x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB60,052.72413.87145.10x
Retail5,757.64724.287.95x
Nib16,413.46310.4152.88x
Hnis 2+4,084.3103.4739.47x
Hnis 10+12,329.16206.9459.58x
Employees51.03105.10x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
Hnis (10l+)9,89431,9003.22x
Hnis (2-10l)4,94773,15014.79x
Retail4,84,79215,49,2223.20x
Employee012,822Open
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About Vikram Solar IPO Subscription Demand

Live subscription status and bidding analysis for Vikram Solar (VIKRAMSOLR) IPO. The issue is subscribed 56.41x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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