Vikram Solar IPO to List on August 26: Shares May Debut at 12% Premium, Check Expected Listing Price

New Delhi, August 25, 2025 – Vikram Solar Limited, one of India’s leading solar energy solutions providers, is all set to make its stock market debut on Tuesday, August 26, 2025. The company’s shares will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Grey Market Premium (GMP) Signals Strong Debut

Ahead of the listing, the grey market premium (GMP) of Vikram Solar’s IPO is indicating a 12% premium over the issue price. Analysts suggest that this could translate into healthy listing gains for investors who received allotment.

For example, if the IPO issue price was ₹100 (hypothetical), a 12% GMP would suggest a listing price around ₹112 per share, giving investors an immediate profit of ₹12 per share.

Strong IPO Response

Vikram Solar’s IPO saw robust demand from retail investors, qualified institutional buyers (QIBs), and non-institutional investors (NIIs). The company’s strong fundamentals, presence in the fast-growing renewable energy sector, and government focus on solar power expansion boosted investor sentiment.

What Experts Say

Market experts believe that the listing could be positive if broader market conditions remain stable.

However, they caution that volatility may impact early trading sessions.

Long-term investors may continue to hold the stock, considering the company’s growth prospects in India’s solar energy push.

Company Profile

Vikram Solar is engaged in manufacturing solar photovoltaic (PV) modules and providing comprehensive solar energy solutions. With India’s growing emphasis on renewable energy and net-zero targets, the company is expected to benefit from rising demand in both domestic and international markets.