Vikram Solar Limited :a leading manufacturer of solar photovoltaic (PV) modules, launched its mainboard IPO from August 19 to August 21, 2025. The public issue witnessed an overwhelming response, with investors placing bids for 2,47,81,57,965 shares against the total offer size of 4,53,61,650 shares. This translates to an impressive subscription of 54.63 times, highlighting strong investor confidence in the company’s future prospects.

The allotment of shares for Vikram Solar IPO was completed on Friday, August 22, 2025. Investors who received allotments are now eagerly awaiting the Vikram Solar IPO listing date, scheduled for Tuesday, August 26, 2025, on both the BSE and NSE. As the listing day approaches, investors and market watchers are actively tracking the Vikram Solar IPO GMP today to assess potential listing gains and overall market sentiment. The rising GMP is being seen as a key indicator of a possible premium debut for the solar module manufacturer.

Vikram Solar IPO GMP Today: Shares Trade at ₹373 in Grey Market Ahead of Listing

In the grey market, unlisted shares of Vikram Solar IPO are currently being traded at around ₹373 per share, which is significantly higher than the issue price cap of ₹332. This indicates a grey market premium (GMP) of ₹41, suggesting an anticipated listing gain of approximately 12.35%. The strong premium reflects bullish investor sentiment ahead of the stock’s debut on the bourses.