Vikram Solar IPO Subscription Details

Bookbuilding IPO | ₹2,079 Cr | Listed at BSE, NSE | Tue, Aug 19, 2025 - Thu, Aug 21, 2025

Basis of Allotment - Vikram Solar IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)1,24,66,0801,86,99,1203,11,65,20031,16,52062,33,04093,49,5602,18,15,6403,01,2046,26,31,604
Allotment price (Rs.)332332332332332332332332332
No.of applications167301971,87,3671,21,2713,08,63830,93,67220734,02,714
No.of shares applied1,80,48,35,7002,00,43,5851,82,48,79,28512,22,53,52537,14,20,59549,36,74,12016,95,18,69066,6902,48,81,38,785
Amount collected (Rs.cr.)59,920.55 665.45 60,585.99 4,058.82 12,331.16 16,389.98 5,628.02 2.21 82,606.21
No.of times subscribed144.781.0758.5639.2359.5952.807.770.2239.73
No.of shares allotted1,25,83,3371,86,99,1203,12,82,45731,28,24662,56,49193,84,7372,18,97,72066,6906,26,31,604
Amount (Rs.cr.)417.77 620.81 1,038.58 103.86 207.72 311.57 727.00 2.21 2,079.37
No.of allottees-30-4,9659,93014,8954,86,6162075,01,718

IPO Shares Offered

Vikram Solar IPO is a public issue of 6.26 Cr equity shares. The issue offers 2.18 Cr shares to retail investors, 3.12 Cr shares to qualified institutional buyers, and 0.93 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 3,11,65,2001,034.68 49.76%
    Anchor 1,86,99,120 620.81 29.86%
    QIB (Ex Anchor) 1,24,66,080 413.87 19.90%
NII 93,49,560310.41 14.93%
    bNII (> ₹10L)62,33,040206.94 9.95%
    sNII (< ₹10L)31,16,520103.47 4.98%
Retail2,18,15,640724.28 34.83%
Employee3,01,20410.00 0.48%
Total6,26,31,6042,079.37 100%

Vikram Solar IPO Anchor Investor Allocation

A total of 1,86,99,120 shares at a price of Rs 332 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 18, 2025
Anchor investor price₹332.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days93,49,560
No. of shares locked-in for 90 days93,49,560
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 15,06,915 50.03 8.06 2.41
2 KOTAK MULTI ASSET ALLOCATION FUND KOTAK MAHINDRA MUTUAL FUND 8,38,620 27.84 4.48 1.34
3 KOTAK MANUFACTURE IN INDIA FUND KOTAK MAHINDRA MUTUAL FUND 4,81,950 16.00 2.58 0.77
4 KOTAK ENERGY OPPORTUNITIES FUND KOTAK MAHINDRA MUTUAL FUND 1,86,345 6.19 1.00 0.30
5 FRANKLIN INDIA SMALL CAP FUND FRANKLIN TEMPLETON MUTUAL FUND 12,05,280 40.02 6.45 1.92
6 FRANKLIN INDIA OPPORTUNITIES FUND FRANKLIN TEMPLETON MUTUAL FUND 12,05,235 40.01 6.45 1.92
7 NIPPON INDIA POWER & INFRA FUND NIPPON INDIA MUTUAL FUND 6,02,640 20.01 3.22 0.96
8 NIPPON INDIA RETIREMENT FUND-WEALTH CREATION SCHEME NIPPON INDIA MUTUAL FUND 6,02,595 20.01 3.22 0.96
9 PRUDENTIAL HONG KONG LTD.-PHKL ASIA PACIFIC ACTIVE GROWTH EQUITY PORTFOLIO-AHAPAG-EASTSPRING GROWTH EQUITIES TEAM PRUDENTIAL 15,06,915 50.03 8.06 2.41
10 MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND MORGAN STANLEY 3,37,680 11.21 1.81 0.54
11 MORGAN STANLEY INDIA INVESTMENT FUND,INC. MORGAN STANLEY 5,66,820 18.82 3.03 0.91
12 UTI VALUE FUND UTI MUTUAL FUND 8,63,775 28.68 4.62 1.38
13 UTI INFRASTRUCTURE FUND UTI MUTUAL FUND 3,01,320 10.00 1.61 0.48
14 UTI CONSERVATIVE HYBRID FUND UTI MUTUAL FUND 40,140 1.33 0.21 0.06
15 TATA LARGE CAP FUND TATA MUTUAL FUND 7,23,600 24.02 3.87 1.16
16 TATA RESOURCES & ENERGY FUND TATA MUTUAL FUND 1,80,900 6.01 0.97 0.29
17 HSBC FLEXI CAP FUND HSBC MUTUAL FUND 5,34,465 17.74 2.86 0.85
18 HSBC INFRASTRUCTURE FUND HSBC MUTUAL FUND 3,70,035 12.29 1.98 0.59
19 EDELWEISS EQUITY SAVINGS FUND EDELWEISS MUTUAL FUND 2,10,825 7.00 1.13 0.34
20 EDELWEISS AGGRESSIVE HYBRID FUND EDELWEISS MUTUAL FUND 5,12,055 17.00 2.74 0.82
21 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 1,81,620 6.03 0.97 0.29
22 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 9,04,500 30.03 4.84 1.44
23 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 6,03,315 20.03 3.23 0.96
24 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 4,52,700 15.03 2.42 0.72
25 RELIANCE NIPPON LIFE INSURANCE CO.LTD. RELIANCE NIPPON LIFE INSURANCE 4,52,700 15.03 2.42 0.72
26 EDELWEISS LIFE INSURANCE CO.LTD. EDELWEISS LIFE INSURANCE 4,52,700 15.03 2.42 0.72
27 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 2,45,475 8.15 1.31 0.39
28 SINGULARITY EQUITY FUND I SINGULARITY 2,45,520 8.15 1.31 0.39
29 NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III NUVAMA 2,45,520 8.15 1.31 0.39
30 SOCIETE GENERALE-ODI SOCIETE GENERAL 2,45,520 8.15 1.31 0.39
31 INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. INTEGRATED CORE 2,45,520 8.15 1.31 0.39
32 BNP PARIBAS FINANCIAL MARKETS-ODI BNP PARIBAS 2,45,520 8.15 1.31 0.39
33 SHINE STAR BUILD-CAP PVT.LTD. SHINE STAR 2,45,520 8.15 1.31 0.39
34 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,45,520 8.15 1.31 0.39
35 TAURUS FLEXI CAP FUND TAURUS MUTUAL FUND 6,060 0.20 0.03 0.01
36 TAURUS ELSS TAX SAVER FUND TAURUS MUTUAL FUND 90,825 3.02 0.49 0.15
37 TAURUS LARGE CAP FUND TAURUS MUTUAL FUND 45,585 1.51 0.24 0.07
38 TAURUS INFRASTRUCTURE FUND TAURUS MUTUAL FUND 9,090 0.30 0.05 0.01
39 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 1,51,560 5.03 0.81 0.24
40 FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND FINAVENUE 1,51,560 5.03 0.81 0.24
41 HOLANI VENTURE CAPITAL FUND-HOLANI VENTURE CAPITAL FUND I HOLANI VENTURE 1,51,560 5.03 0.81 0.24
42 ASTORNE CAPITAL VCC-ARVEN ASTORNE CAPITAL 1,51,560 5.03 0.81 0.24
43 SWYOM INDIA ALPHA FUND SWYOM 1,51,560 5.03 0.81 0.24
1,86,99,120620.8110029.86

IPO Subscription FAQs

The Vikram Solar IPO is subscribed 56.42 times by Aug 21, 2025 17:04.

Vikram Solar IPO Subscription

Investor Category Subscription (times)
Qualified Institutional145.1
Non Institutional52.87
Retail Individual7.98
Employee Reservations5.1
Total Subscription56.42

Retail category of Vikram Solar IPO subscribed 7.98 times as of date Aug 21, 2025 17:04. The public issue closes on Thu, Aug 21, 2025 for bidding.

An investor can apply in Vikram Solar IPO online via bank (using ASBA) or the broker (using UPI). The Vikram Solar IPO shares are offered online only.

The Vikram Solar IPO is subscribed 56.42 times by Aug 21, 2025 17:04.

The Vikram Solar IPO allotment status is expected on or around Friday, August 22, 2025. Visit Vikram Solar IPO allotment status to check.

The Vikram Solar IPO listing date is August 26, 2025. The equity share of Vikram Solar IPO will list on BSE, NSE.

Visit Vikram Solar IPO subscription status page for real-time bidding information about Vikram Solar IPO.

Vikram Solar IPO Timetable

IPO opens OnTuesday, August 19, 2025
IPO Closes OnThursday, August 21, 2025
Finalisation of Basis of AllotmentFriday, August 22, 2025
Initiation of RefundsMonday, August 25, 2025
Credit of Shares to Demat AccountMonday, August 25, 2025
IPO Listing DateTuesday, August 26, 2025
Open an Instant Account with Zerodha