| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 45 | ₹14,940 |
| HNI / NII | 14 | 630 | ₹2,09,160 |
| bHNI / bNII | 67 | 3,015 | ₹10,00,980 |
| Category | Sub (×) | Offered | Bid For |
|---|---|---|---|
| QIB | — | 3,11,65,200 (49.76%) | — |
| NII / HNI (Total) | — | 93,49,560 (14.93%) | — |
| Retail Investors | — | 2,18,15,640 (34.83%) | — |
| Employee Shares Offered | — | 3,01,204 (0.48%) | — |
| Market Maker * | 1× | — | — |
| Total ** | — | 6,26,31,604 (100.00%) | — |
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 3459.53 | 2523.96 | 2091.91 |
| PAT | 139.83 | 79.72 | 14.49 |
| EBITDA | 492.01 | 398.58 | 186.18 |
| Net Worth | 1241.99 | 445.42 | 365.20 |
| Total Assets | 2832.15 | 2585.50 | 2476.29 |
| Reserves | 932.60 | 192.16 | 113.07 |
| Borrowings | 230.67 | 808.33 | 737.79 |
Incorporated in 2005, Vikram Solar Limited is a solar photo-voltaic (“ PV”) modules manufacturer.
Core Operations:
The company's solar energy products consists of the following high-efficiency solar PV modules: (i) p-type monocrystalline silicon based Passivated Emitter and Rear Contact (“PERC”) modules; (ii) n-type monocrystalline silicon based Tunnel Oxide Passivated Contact (“TOPCon”) modules; and (iii) n-type monocrystalline silicon based heterojunction technology (“HJT”) modules; all of these being either bifacial (glass-to-glass/ glass-to-transparent back sheet) or monofacial (glass-to-white/black back sheet) modules.
Manufacturing facilities located at:
The company have established a pan-India presence, serving 23 states and three union territories, through an extensive distributor network of 41 authorized distributors, 64 dealers and 67 system integrators.
The company's domestic customers include prominent government entities, such as National Thermal Power Corporation, Neyveli Lignite Corporation Limited and Gujarat Industries Power Company Limited, and large private independent power producers (“IPPs”), such as ACME Cleantech Solutions Pvt. Ltd.,
As of March 31, 2025, we have 1,612 employees and 974 contractual employees.