Vikram Solar Unlisted Shares
Vikram Solar files draft papers for IPO with fresh issue Rs 1,500 crore, OFS of 1.74 crore shares
money control
2 min read
Vikram Solar Files DRHP.
Expert Analysis:
IPO Details: The IPO consists of a fresh issue of ₹1,500 crore and an offer-for-sale of up to 50 Lakh equity shares by promoters & Vikram Capital Management.
Promoter and Public Shareholding: Promoters hold 77.64% stake, while public shareholders own 22.36% stake.
Pre-IPO Placement: A pre-IPO placement of ₹300 crore is being considered, which will reduce the fresh issue amount if executed.
Utilization of IPO Proceeds: ₹793.4 crores will be used for a 3,000 MW solar cell and module facility by subsidiary VSL Green Power (Phase I) , ₹603 crores for expanding from 3,000 MW to 6,000 MW (Phase II) and other general corporate purposes.
Vikram Solar’s IPO will fund major expansions, enhancing its competitive edge through strong financial and capacity growth.
Precize Daily Pulse
The latest news in the world of Unlisted Shares, summarised by our experts.
Company
Our Office
Office No. 1219, The Summit Business Park, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra - 400093
Find us on Googlesupport@precize.in
+91 7738336457
All trademarks and logos or registered trademarks and logos found on this Site or mentioned herein belong to their respective owners and are solely used for informational and educational purposes.
The material presented in this advertisement is for informational purposes only and should not be construed as investment advice or investment availability. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular unlisted share, security, strategy, or investment product. Investing in the private market and securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Market trends, data interpretations, graph projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing on this website should be construed as personalized investment advice or should not be treated as legal, financial, or any other form of advice. Precize is not liable for financial or any other form of loss incurred by the user or any affiliated party based on information provided herein.
Precize is neither a stock exchange nor does it intend to get recognized as a stock exchange under the Securities Contracts Regulation Act, 1956. Precize is not authorized by the capital markets regulator to solicit investments. The securities traded on these platforms are not traded on any regulated exchange.
The website will be updated regularly.
Copyright © 2026 - Precize - All Rights Reserved