Comparison between Kumar Arch Tech IPO and Vikram Solar IPO.
Kumar Arch Tech 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 Kumar Arch Tech IPO is up to ₹740.00 Cr whereas the issue size of the Vikram Solar IPO is up to ₹2,079.37 Cr. The final issue price of Kumar Arch Tech IPO is and of Vikram Solar IPO is ₹332.00 per share.
| Kumar Arch Tech IPO | Vikram Solar IPO | |
|---|---|---|
| Face Value | ₹2 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 ₹240.00 Cr | up to ₹1,500.00 Cr |
| OFS Issue Size | 0 shares | 1,74,50,882 shares |
| OFS Issue Size (Amount) | up to ₹500.00 Cr | up to ₹579.37 Cr |
| Issue Size Total | 0 shares | 6,26,31,604 shares |
| Issue Size Total (Amount) | up to ₹740.00 Cr | up to ₹2,079.37 Cr |
Kumar Arch Tech IPO opens on , while Vikram Solar IPO opens on Aug 19, 2025. The closing date of Kumar Arch Tech IPO and Vikram Solar IPO is , and Aug 21, 2025, respectively.
| Kumar Arch Tech 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 |
Kumar Arch Tech IPO P/E ratio is , as compared to Vikram Solar IPO P/E ratio of 75.16.
| Kumar Arch Tech 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.
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| Promoter Shareholding (Pre-Issue) | 100 | 77.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 75.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹12009.01 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 64.10% | 16.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 54.98% | 24.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 0.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 48.52% | 11.26% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kumar Arch Tech IPO Retail Individual Investors (RII) are offered 0 shares while in Vikram Solar IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kumar Arch Tech IPO and 1,24,66,080 shares in Vikram Solar IPO.
| Kumar Arch Tech IPO | Vikram Solar IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,86,99,120 shares | |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 0 shares | 1,24,66,080 shares |
| NII | 0 shares | 93,49,560 shares |
| RII | 0 shares | 2,18,15,640 shares |
| Employee | 0 shares | 3,01,204 shares |
| Others | ||
| Total | 0 shares | 6,26,31,604 shares |
Kumar Arch Tech IPO subscribed in total, whereas Vikram Solar IPO subscribed 56.42x.
| Kumar Arch Tech 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 |
