How to Check Vikram Solar IPO Allotment Status Scheduled for August 22?

Vikram Solar Ltd is set to finalise the share allotment status of its much-anticipated Initial Public Offering (IPO) on Friday, August 22, following an overwhelming response from investors.

The ₹2,079.37 crore Vikram Solar IPO, which opened on August 19 and closed on August 21, witnessed a stellar overall subscription of 54.63 times. The offering received bids for over 247.81 crore shares against 4.53 crore shares available, indicating an enormous demand across investor categories.

Vikram Solar comprises a fresh issue of 4.51 crore equity shares worth ₹1,500 crore and an Offer for Sale (OFS) of 1.74 crore equity shares aggregating ₹579.37 crore

Segment-wise Subscription Breakdown

• Retail Investors: Subscribed 7.65 times
• Non-Institutional Investors (NIIs): Subscribed 50.9 times
• Qualified Institutional Buyers (QIBs): Subscribed a massive 142.79 times

Vikram Solar IPO Structure

Vikram Solar comprises a fresh issue of 4.51 crore equity shares worth ₹1,500 crore and an Offer for Sale (OFS) of 1.74 crore equity shares aggregating ₹579.37 crore

How to Check Vikram Solar IPO Allotment Status

Investors can check their share allotment status online via the BSE, NSE, or the registrar's portal, MUFG Intime India Pvt Ltd (formerly Link Intime).

Through BSE

1. Visit: BSE IPO Allotment Portal
2. Choose 'Equity' as issue type
3. Select ‘Vikram Solar Ltd’ from the dropdown
4. Enter your PAN or application number
5. Click ‘Search’ to view allotment details

Through MUFG Intime India

1. Go to: MUFG IPO Allotment Page
2. Select ‘Vikram Solar Ltd’ from the list
3. Enter any one of the following: PAN, application number, DP/Client ID, or account number with IFSC
4. Submit the details to check the allotment status

Also Read: Kissht Operator OnEMI Technology Files IPO Papers for ₹1,000 Crore Fresh Issue, 89 Lakh Share OFS

About Vikram Solar Ltd

Vikram Solar is a leading solar photovoltaic (PV) module manufacturer. The company is aggressively expanding its module production capacity to 15.50 GW by FY26 and 20.50 GW by FY27, via a mix of greenfield and brownfield projects.

Vikram Solar is foraying into solar cell manufacturing, with two units totaling 12 GW capacity being set up in Tamil Nadu, expected to be operational by FY27.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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