Vikram Solar

Vikram Solar, one of India’s leading renewable energy solutions providers, has finalized an agreement to supply 200 megawatts (MW) of solar modules to AB Energia. The deal marks another milestone in strengthening India’s position as a global exporter of clean energy technology. By partnering with AB Energia, Vikram Solar is not only expanding its international footprint but also contributing to the global energy transition.

Vikram Solar, one of India’s leading solar energy solutions providers, witnessed overwhelming investor demand for its initial public offering (IPO), which closed with a subscription of 54.63 times. The robust response came across all investor categories, underscoring optimism about India’s renewable energy growth story and Vikram Solar’s role in the sector. Analysts attribute the extraordinary interest to the company’s strong order book, expanding global footprint, and favorable policy environment supporting green energy.

Vikram Solar’s initial public offering (IPO) witnessed robust investor interest, achieving 1.52 times subscription on the first day. The response highlights strong market confidence in the company’s growth prospects within India’s renewable energy sector. Funds raised through the IPO will support capacity expansion, technological upgrades, and debt reduction, strengthening the firm’s financial position.

Vikram Solar, a leading Ivndian solar energy solutions provider, has successfully raised Rs 621 crore from anchor investors ahead of its initial public offering (IPO). This pre-IPO subscription underscores strong institutional confidence in the company’s growth trajectory, technological expertise, and leadership in renewable energy. Analysts suggest that robust anchor investor participation could set a positive tone for the retail and institutional segments, highlighting the market’s appetite for clean energy investments.

Vikram Solar Ltd., one of India’s leading solar energy solutions providers, is set to open its initial public offering (IPO) on August 19, aiming to raise capital for capacity expansion and working capital needs. The offer will include a combination of fresh equity issuance and an offer for sale by existing shareholders. Priced within a competitive band to attract both institutional and retail investors, the IPO reflects the company’s ambition to strengthen its position in the rapidly growing renewable energy sector.