| Vikram Solar Ltd |
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| Initial public offering of 62,631,604 equity shares of face value of Rs. 10/- each ("Equity Shares") of Vikram Solar Limited ("the Company" or "Company" or "Issuer") for cash at a price of Rs. 332/- per equity share ("Offer Price") aggregating to
Rs. 2079.37 crores (the "Offer") Comprising of a fresh issue
of 45,180,722 equity shares aggregating to Rs. 1500.00 crores by the company ("Fresh Issue") and an offer for sale of 17,450,882 equity shares aggregating to Rs. 579.37 crores ("Offer for Sale") comprising of 6,000,000 equity shares aggregating to Rs. 199.20 crores by Gyanesh Chaudhary,
1,500,000 equity shares aggregating to Rs. 49.80 crores by Vikram Capital Management Private Limited and 9,950,882 equity shares aggregating to Rs. 330.37 crores by Anil Chaudhary, collectively referred to as the "Selling Shareholders", and such equity shares, the "Offered Shares"). The offer included a reservation of 301,204 equity shares, aggregating to Rs. 10.00 crores (Constituting upto 5% of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer constitutes 17.32% and 17.23%, respectively, of the post-offer paid-up equity share capital of the company. |
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application |
| 19-Aug-25 |
21-Aug-25 |
₹ 332.00 |
₹ 332.00 |
| Minimum Application for shares in Nos :45 Further Multiples of :45 |
| |
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Lead Managers to the Issue |
| Project Cost |
₹ 1414.49 Cr |
| Equirus Capital Pvt Ltd | | JM Financial Ltd | | Nuvama Wealth Management Ltd | | Phillip Capital (India) Pvt Ltd | | UBS Securities India Pvt Ltd |
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| Project Financed through Current Offer |
₹ 2079.37 Cr |
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| Post Issue Equity Share Capital |
₹ 361.72 Cr |
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| Face Value |
₹ 10 |
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