Vikram Solar IPO Lists at ₹338, Stock Surges 9.8% in Debut Session

Mumbai, August 26, 2025: Shares of Vikram Solar Limited (NSE: VIKRAMSOLR, BSE: 544XXX) debuted today at ₹338 per share, slightly above the IPO price of ₹332, before gaining strong momentum in early trade. The stock quickly rallied, rewarding investors with healthy listing gains after one of the most oversubscribed issues of the year.

Vikram Solar Share Price Update

Vikram Solar shares gained 9.8%, trading at ₹363.40 at 2:38 PM IST on August 26, 2025.  The stock opened at ₹338.00, hit a high of ₹381.65, and touched a low of ₹333.65 during the session. The previous close was ₹332.00.

Trading volume stood at 6.11 crore shares, with a total turnover of about ₹2,21,701.51 lakh. The stock’s market capitalisation is ₹13,110 crore. Over the past year, the stock has moved between a 52-week high of ₹381.65 and a 52-week low of ₹332.00.

IPO Subscription Details

Vikram Solar’s IPO received overwhelming demand, with the issue subscribed 54.65 times overall. Within this, subscriptions stood at 142.79 times for Qualified Institutional Buyers (QIBs), 50.90 times for Non-Institutional Investors (NIIs), 7.65 times for retail investors, and 4.84 times for employees. Such overwhelming demand had set the stage for a firm listing, and early trading patterns confirmed strong investor appetite for renewable energy plays.

Headquartered in Kolkata, Vikram Solar is a leading solar module manufacturer with more than 3 GW of installed capacity and a presence across global markets. With the government pushing aggressive renewable energy targets, analysts see Vikram Solar well-positioned to benefit from rising adoption of solar technology.

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