Comparison between ArMee Infotech IPO and Vikram Solar IPO.
ArMee Infotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vikram Solar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ArMee Infotech IPO is up to ₹300.00 Cr whereas the issue size of the Vikram Solar IPO is up to ₹2,079.37 Cr. The final issue price of ArMee Infotech IPO is and of Vikram Solar IPO is ₹332.00 per share.
| ArMee Infotech IPO | Vikram Solar IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹315.00 per share | |
| Issue Price (Upper) | ₹332.00 per share | |
| Issue Price (Final) | ₹332.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 45 shares | |
| Fresh Issue Size | 0 shares | 4,51,80,722 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹1,500.00 Cr |
| OFS Issue Size | 0 shares | 1,74,50,882 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹579.37 Cr |
| Issue Size Total | 0 shares | 6,26,31,604 shares |
| Issue Size Total (Amount) | up to ₹300.00 Cr | up to ₹2,079.37 Cr |
ArMee Infotech IPO opens on , while Vikram Solar IPO opens on Aug 19, 2025. The closing date of ArMee Infotech IPO and Vikram Solar IPO is , and Aug 21, 2025, respectively.
| ArMee Infotech IPO | Vikram Solar IPO | |
|---|---|---|
| Anchor Bid Date | Aug 18, 2025 | |
| Issue Open | Aug 19, 2025 | |
| Issue Close | Aug 21, 2025 | |
| Basis Of Allotment (Tentative) | Aug 22, 2025 | |
| Initiation of Refunds (Tentative) | Aug 25, 2025 | |
| Credit of Share (Tentative) | Aug 25, 2025 | |
| Listing date (Tentative) | Aug 26, 2025 | |
| Anchor Lockin End date 1 | Sep 20, 2025 | |
| Anchor Lockin End date 2 | Nov 19, 2025 |
ArMee Infotech IPO P/E ratio is , as compared to Vikram Solar IPO P/E ratio of 75.16.
| ArMee Infotech IPO | Vikram Solar IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)Vikram Solar Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 75% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.72 | 77.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 75.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹12009.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 70.67% | 16.57% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 57.55% | 24.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.29 | 0.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹211.24 | ₹4.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.67% | 11.26% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ArMee Infotech IPO Retail Individual Investors (RII) are offered while in Vikram Solar IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in ArMee Infotech IPO and 1,24,66,080 shares in Vikram Solar IPO.
| ArMee Infotech IPO | Vikram Solar IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,86,99,120 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 1,24,66,080 shares | |
| NII | 93,49,560 shares | |
| RII | 2,18,15,640 shares | |
| Employee | 3,01,204 shares | |
| Others | ||
| Total | 6,26,31,604 shares |
ArMee Infotech IPO subscribed in total, whereas Vikram Solar IPO subscribed 56.42x.
| ArMee Infotech IPO | Vikram Solar IPO | |
|---|---|---|
| QIB (times) | 145.10x | |
| NII (times) | 52.87x | |
| Big NII (times) | 59.58x | |
| Small NII (times) | 39.46x | |
| RII (times) | 7.98x | |
| Employee (times) | 5.10x | |
| Other (times) | ||
| Total (times) | 56.42x |
