Vikram Solar enters listed space, shares debut at 2% premium; here's what Anil Singhvi suggests
Published on 26/08/2025 11:51 AM
Vikram Solar IPO Listing News: Solar energy solutions provider Vikram Solar's shares debuted in the secondary market on a decent note on Tuesday, August 26.
The stock began its journey on BSE at Rs 340 apiece, marking a premium of Rs 8, or 2.4 per cent, over the issue price.
On NSE, the Vikram Solar stock -- traded with the symbol VIKRAMSOLR on both bourses -- at Rs 338, a premium of Rs 6, or 1.8 per cent.
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The Kolkata-headquartered company’s initial public offer concluded last Thursday with a total subscription of 54.6 times.
Zee Business Managing Editor Anil Singhvi had recommended applying for the IPO for listing gains and from a medium-term perspective.
The market wizard had expected the stock to list in the range of Rs 370-380 apiece. This translates to a premium of 11-14.5 per cent over the upper end of the issue price range.
What next?
Singhvi suggests investors keep holding the stock with a trailing stop loss below Rs 350.
Here’s everything else to know about Vikram Solar:
Singhvi has identified the following key points about Vikram Solar:
Positive:
Negative:
ALSO READ: Vikram Solar IPO Final Day: Rs 2,000 crore issue subscribed over 54 times
Vikram Solar IPO
The IPO -- comprising fresh issuance worth Rs 1,500 crore and an offer for sale (OFS) to the tune of Rs 579 crore -- was open for subscription from August 19 to August 21.
According to provisional exchange data, the portions set aside for QIBs and NIIs were booked 142.8 and 50.9 times, respectively.
The portion meant for retail investors saw a subscription of 7.7 times the equity on offer, according to the data.
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