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Vikram Solar Share Price Live Updates: The equity shares of solar photo-voltaic (PV) modules manufacturer Vikram Solar Ltd made a modest debut in the Indian stock market today after its initial public offering (IPO) received strong demand from investors.

Vikram Solar shares were listed at ₹340.00 apiece on the BSE, a premium of 2.41% to the issue price of ₹332 per share. On NSE, the stock was listed with a 1.81% premium at ₹338.00 per share.

The public issue commenced for subscription on August 19 and concluded on August 21. The IPO allotment was finalised on August 22, and Vikram Solar IPO listing date is today, 26 August 2025, Tuesday. Vikram Solar shares will be listed on both the stock exchanges, BSE and NSE.

Vikram Solar IPO listing price was lower than the Street estimates as the trends in the grey market premium (GMP) and analysts indicated that the equity shares would list with a decent premium. Vikram Solar IPO GMP signaled that the estimated listing price of Vikram Solar shares would be at a around 11% premium to the issue price of ₹332 per share.

Vikram Solar IPO was subscribed 54.63 times in total, NSE data showed. The public issue was booked 7.65 times in the retail category, and 142.79 times in the Qualified Institutional Buyers (QIBs) category. The Non Institutional Investors (NII) category received 50.90 times subscription.

The ₹2,079.37 crore worth Vikram Solar IPO was a combination of fresh issue of 4.52 crore equity shares worth ₹1,500 crore and offer for sale of 1.75 crore shares amounting to ₹579.37 crore. Vikram Solar IPO price band was set at ₹315 to ₹332 per share.

JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt. Ltd. is the Vikram Solar IPO registrar.

Stay tuned to our Vikram Solar Share Price Live Blog for the latest updates:

Vikram Solar Share Price Live: Despite the soft start, Vikram Solar share price witnessed strong investor interest post listing, rallying as much as 10% intraday, signaling underlying confidence in the company’s growth trajectory. At current levels, Vikram Solar shares trade at a P/E multiple of around 72x, which is at a premium compared to domestic peers in the renewable energy manufacturing space. However, note that this valuation premium reflects expectations of sustained earnings growth, said Gaurav Garg, Lemonn Markets Desk.

“We believe that while near-term volatility cannot be ruled out, Vikram Solar’s strategic positioning in the renewable energy ecosystem, coupled with the government’s emphasis on domestic manufacturing under the “Atmanirbhar Bharat” initiative, makes it a compelling long-term play on India’s clean energy transition,” Garg added.

Vikram Solar Share Price Live: Vikram Solar share price listing today at modest 2% premium reflects investor skepticism despite overwhelming IPO subscription of 56.42 times, driven by strong QIB interest at 145 times. Vikram Solar provides strong access to India’s transition to renewable energy, the present premium valuation calls for patience. Long-term players with a 3-5 year time frame might gain from India’s solar revolution, but short-term returns look constrained considering the costly entry point, said Master Capital Services.

Vikram Solar Share Price Live: The ₹2,079.37 crore worth Vikram Solar IPO was a combination of fresh issue of 4.52 crore equity shares worth ₹1,500 crore and offer for sale of 1.75 crore shares amounting to ₹579.37 crore. Vikram Solar IPO price band was set at ₹315 to ₹332 per share. JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt. Ltd. is the Vikram Solar IPO registrar.

Vikram Solar Share Price Live: Vikram Solar share price jumped over 8% after making a modest debut in the stock market today. Vikram Solar shares rallied as much as 8.14% to a high of ₹366.95 apiece on the BSE.

Vikram Solar Share Price Live: On NSE, Vikram Solar shares were listed with a 1.81% premium at ₹338.00 per share.

Vikram Solar Share Price Live: Vikram Solar share price made a modest debut in the Indian stock market today. Vikram Solar shares were listed at ₹340.00 apiece on the BSE, a premium of 2.41% to the issue price of ₹332 per share.

Vikram Solar Share Price Live: Ahead of the Vikram Solar IPO listing today, the trends in the grey market premium (GMP) and analysts indicate that the equity shares would list with a decent premium. Vikram Solar IPO GMP signals that the estimated listing price of Vikram Solar shares would be at a around 11% premium to the issue price of ₹332 per share.

Vikram Solar Share Price Live: Vikram Solar IPO was subscribed 54.63 times in total, NSE data showed. The public issue was booked 7.65 times in the retail category, and 142.79 times in the Qualified Institutional Buyers (QIBs) category. The Non Institutional Investors (NII) category received 50.90 times subscription.

Vikram Solar Share Price Live: The public issue of Vikram Solar Ltd commenced for subscription on August 19 and concluded on August 21. The IPO allotment was finalised on August 22, and Vikram Solar IPO listing date is today, 26 August 2025, Tuesday. Vikram Solar shares will be listed on both the stock exchanges, BSE and NSE.

Vikram Solar Share Price Live: The equity shares of solar photo-voltaic (PV) modules manufacturer Vikram Solar Ltd will be listed in the Indian stock market today after its initial public offering (IPO) received strong demand from investors. Vikram Solar IPO listing date is today, 26 August 2025, Tuesday. Vikram Solar shares will be listed on both the stock exchanges, BSE and NSE.

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