The shares of Vikram Solar Ltd were first listed on the stock exchanges on 26 Aug 2025.
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Initial public offering of 62,631,604 equity shares of face value of Rs. 10/- each (Equity Shares) of Vikram Solar Limited (the Company or Company or Issuer) for cash at a price of Rs. 332/- per equity share (Offer Price) aggregating to Rs. 2079.37 crores (the Offer) Comprising of a fresh issueof 45,180,722 equity shares aggregating to Rs. 1500.00 crores by the company (Fresh Issue) and an offer for sale of 17,450,882 equity shares aggregating to Rs. 579.37 crores (Offer for Sale) comprising of 6,000,000 equity shares aggregating to Rs. 199.20 crores by Gyanesh Chaudhary,1,500,000 equity shares aggregating to Rs. 49.80 crores by Vikram Capital Management Private Limited and 9,950,882 equity shares aggregating to Rs. 330.37 crores by Anil Chaudhary, collectively referred to as the Selling Shareholders, and such equity shares, the Offered Shares). The offer included a reservation of 301,204 equity shares, aggregating to Rs. 10.00 crores (Constituting upto 5% of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as Net Offer. The offer and net offer constitutes 17.32% and 17.23%, respectively, of the post-offer paid-up equity share capital of the company.
The shares of Vikram Solar Ltd were first listed on the stock exchanges on 26 Aug 2025.
The total issue size of the Vikram Solar Ltd IPO is 2079.37
The minimum lot size for Vikram Solar Ltd public issue was 45.00 shares.
The price band of the IPO of Vikram Solar Ltd was 332.00 to 0.00 per equity shares.
Our Company was originally incorporated as `International Leather Clothiers Private Limited' as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 2, 2005, issued by the Registrar of Companies, West Bengal at Kolkata (RoC). Further, the name of our Company was changed from `International Leather Clothiers Private Limited' to `International Clothiers India Private Limited' pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC dated May 10, 2006. The name of our Company was further changed from `International Clothiers India Private Limited' to `Vikram Solar Private Limited' pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC dated September 3, 2008. Subsequently, our Company was converted from a private limited company to a public limited company and a fresh certificate of incorporation consequent upon conversion from private to public company dated August 22, 2017 was issued by the RoC and the name of our Company was changed from `Vikram Solar Private Limited' to `Vikram Solar Limited'.
MUFG Intime India Pvt Ltd is the registrar and share transfer agent of Vikram Solar Ltd IPO.