Vikram Solar IPO will open on August 19, price scope will remain Rs 315 to 332 per share
Vikram solar’s ipo: The solar module maker Vikram Solar has fixed the price scope of Rs 315 to 332 per share for its upcoming public issue (IPO) of its upcoming public issue of Rs 2,079 crore. The company said in a statement on Wednesday that its IPO will open on August 19 and will be closed on August 21.ALSO READ: 24 companies raised 45,000 crores, how to stay for IPO market first 6 months?
The IPO is a combination of new shares up to Rs 1,500 crore and sales offer of more than 1.74 crore shares (OFS). The company has planned to use the amount received from the new issue to invest in its full -owned subsidiary VSL Green Power Private Limited. (Language)Also Read: Government will bring IPO again in LIC, disinvestment department will work on the specifics of transactions
Edited by: Ravindra Gupta