Vikram Solar IPO Listing Date: When IPO will be listed in the stock market, know today’s GMP PR

Vikram solar iPo gmp: The IPO of solar module maker Vikram Solar Limited closed on Thursday, August 21, which was opened on Tuesday, August 19. The company’s IPO has received great response from investors. According to NSE data, the IPO of Vikram Solar has received a total subscription of 54.63 times. Whereas on the first day this IPO was subscribed only to 1.52 times. The company has received bids for 2,47,81,57,965 shares compared to 4,53,61,650 shares reserved under IPO.

When will Vikram Solar be listed in the stock market

This company, which makes solar modules, is raising Rs 2079.37 crore through a total of 6,26,31,604 shares from its IPO. In this, 4,51,80,722 fresh shares worth Rs 1500 crore and 1,74,50,882 shares worth Rs 579.37 crore will be released through OFS. Vikram Solar had fixed a price band of Rs 315 to Rs 332 for each stock with a face value of Rs 10 for his IPO. Under the IPO, the shares were allotted on Friday 22 August. After which, now on tomorrow, August 26, the company will be listed on both major exchange BSEs and NSEs on Tuesday, August 26.

What is going on in the gray market, the price of Vikram Solar shares

Despite getting excellent support from investors, Vikram Solar’s shares are seen in the gray market. On Monday, August 25, the GMP price of Vikram Solar shares remains at Rs 41. Let us tell you that on August 12, its GMP price was the highest Rs 69. Since then, it has seen a lot of ups and downs. However, it can see even more fluctuations.

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