VIKRAM SOLAR LISTING DATE
India revokes grid access for 17 GW of clean energy projects, says source
India has cancelled grid access for 17 GW of delayed clean energy projects, prioritizing operational and near-completion projects amidst surging power demand. This action, impacting companies like Adani Green and ReNew Power, aims to streamline grid rules and ensure uninterrupted electricity supply. The country is striving to achieve its ambitious 500 GW non-fossil fuel target by 2030.
Vikram Solar bags 336 MW module supply order from L&T for Khavda solar project
Vikram Solar has secured a 336 MW module supply order from L&T Construction for the Khavda solar project in Gujarat. The company will supply its advanced Hypersol G12R modules, based on N-type technology, enhancing Balance-of-System efficiency and reducing the Levelized Cost of Energy. This project underscores Vikram Solar's commitment to excellence and harnessing the region's solar energy potential.
Vikram Solar shares zoom 7% after securing 336 MW module supply order from L&T
Vikram Solar's shares are set to gain attention following a significant 336 MW high-efficiency solar module order from Larsen & Toubro Construction. The modules, utilizing advanced Hypersol G12R N-type technology, will be deployed in Gujarat's Khavda Renewable Energy Park. This project is expected to improve efficiency and reduce the cost of solar energy.
Hero MotoCorp appoints Harshavardhan Chitale as CEO
Hero MotoCorp has a new Chief Executive Officer. Harshavardhan Chitale is the new CEO. He has over three decades of global leadership experience. Chitale previously served as Global CEO of Signify’s Professional Business. Vikram Kasbekar, the Acting CEO, will remain on the board. He will serve as Executive Director and Chief Technology Officer.
Ghaati OTT release: Where to watch Anushka Shetty's Telugu action crime movie after theatrical run
Anushka Shetty's rural crime drama, Ghaati, is set for a theatrical release on September 5, 2025, clashing with Sivakarthikeyan’s Madharaasi. According to the report, this major OTT platform has secured the OTT rights for Ghaati at a record price. Anushka plays a weed trader in a departure from her previous roles. Read on to know where it will stream online!
Total Lunar Eclipse: When are next lunar eclipse, solar eclipse? Check date
Lunar eclipse occurs when the Sun, Earth and moon align, in that order. The type of lunar eclipse depends on how much of the moon passes through Earth's shadow.
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Blood Moon September 2025: Total lunar eclipse visibility date, time, duration, locations, how to watch livestream online. Here's pointers
Blood Moon September 2025 will occur on September 7–8, 2025 as total lunar eclipse. It will be visible in Western Australia, Asia, and parts of Europe and Africa, while others can watch free livestreams.
Alien Spacecraft or Interstellar Comet 3I/ATLAS Biggest Revelation: See what NASA has found
Alien spacecraft or interstellar comet 3I/ATLAS biggest revelation came when NASA’s SPHEREx telescope detected a carbon dioxide coma and water ice in its nucleus, helping scientists study interstellar comet origins.
Sugs Lloyd shares list at 2.5% discount to IPO price on BSE SME platform
Sugs Lloyd shares debuted weakly on the BSE, trading at a discount of Rs 119.90. The IPO, which aimed to raise Rs 85.66 crore, was subscribed 3.23 times, driven by non-institutional investors. The company plans to use the IPO proceeds for working capital and general corporate purposes, operating in the EPC space with impressive revenue and profit growth.
3I/ATLAS: Interstellar comet or alien spacecraft to fly by Mars next month. Is it older than our solar system and should you be worried?
3I/ATLAS, interstellar comet or alien spacecraft, to fly by Mars next month, giving European and international spacecraft a rare chance to observe an object from beyond the solar system.
Citibank appoints Kaustubh Kulkarni as co-head of investment banking for Asia-Pacific
Citibank has appointed Kaustubh Kulkarni as co-head of investment banking. He will oversee operations in Japan, North Asia, Australia, and South Asia. Kulkarni will join from JPMorgan. He will be based in Singapore. Vikram Chavali and Deepak Dangayach have also been appointed to key roles. Citi's investment banking revenues increased by 15% in the second quarter.
NTPC Green Energy announces commercial operation of 25 MW solar capacity
NTPC Green Energy, a subsidiary of NTPC, is set to commercially operate 25 MW of solar capacity starting September 3, 2024. This addition will increase the NTPC group's total installed and commercial capacity to 83,366 MW. NTPC, India's largest power generation entity under the Ministry of Power, continues to expand its renewable energy portfolio.
India's power output rises at fastest pace in five months on industrial boost
India's power generation surged in August, marking the fastest increase since March, driven by a robust manufacturing sector fueled by strong demand. This surge propelled coal-fired power generation upwards for the first time in five months. While renewable energy sources significantly contributed to the 4% overall output increase to 161.24 billion kWh, coal's share also rose slightly.
IGL shares in focus after formation of solar JV with Rajasthan government
IGL shares: Indraprastha Gas Ltd (IGL) has formed a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Ltd to set up a solar power project in Rajasthan, marking its entry into the renewable energy sector.
40 IPOs hit Dalal Street in August; Tata Capital stands out in upcoming list
August 2025 marked one of the busiest months for India’s primary market, with 40 IPOs across mainboard and SME platforms. While debuts like Aditya Infotech and Highway Infrastructure soared, others such as Laxmi India Finance struggled. Experts see momentum continuing, with upcoming IPOs from Tata Capital, Zepto, PhonePe, HeroFinCorp, and FabIndia, driven by strong liquidity and investor appetite.
Vikram Solar IPO gave 2% return for retail investors, but how did Arvind Kothari make 200% more money?
Vikram Solar’s IPO debut delivered modest listing gains but validated Niveshaay’s conviction, with market cap tripling since its 2024 investment. Strong exports, government support, and renewable energy focus drive optimism despite premium valuations.
Gem Aromatics shares surge another 5% after modest listing on NSE, BSE. What should investors do?
Gem Aromatics' shares experienced a surge, reaching a day's high of Rs 349 on the BSE after a debut with a modest premium. The IPO, which was subscribed 30.45 times, saw significant interest from institutional and retail investors. Funds raised will be used to repay borrowings and for general corporate purposes.
Vikram Solar shares zoom 9% after a muted D-Street debut
Vikram Solar shares: The stock rallied 9.2% on Tuesday, trading 12% above its IPO price as strong revenue outlook and robust order book revived investor interest after a muted debut.
Vikram Solar makes a muted D-St debut, shares list at 2% premium over IPO price
Vikram Solar share price: Vikram Solar's shares debuted with a modest premium on the stock exchanges, following a highly successful IPO that was oversubscribed 56.42 times. The company, a major solar PV module manufacturer, witnessed strong financial growth in FY25, with revenue increasing by 37% and profit after tax surging by 75%. Post-IPO, Vikram Solar's market capitalization is estimated at Rs 12,009 crore.
Gem Aromatics shares list at 2% premium over IPO price
Gem Aromatics made a muted debut on the stock market, listing with a slight premium on the NSE and flat on the BSE after its Rs 451.25 crore IPO. The IPO, subscribed 30.45 times overall, will use proceeds to repay borrowings and for corporate purposes. The company, a manufacturer of speciality ingredients, reported increased revenue and profit in FY25.
4 IPO listings tomorrow, one big favourite. Check which one has the highest debut potential
Dalal Street anticipates a busy day as Patel Retail, Vikram Solar, Shreeji Shipping, and Gem Aromatics debut on the stock exchanges. Patel Retail leads with an 18% GMP and record subscription, followed by Vikram Solar at 14% and Shreeji Shipping at 13%. Gem Aromatics posts a modest 8% GMP, with strong institutional and retail interest potentially driving positive listing gains.
Vikram Solar listing tomorrow, GMP hints at double-digit premium. Here's what to expect
Vikram Solar’s IPO, heavily subscribed at 56.4x, is set to debut on August 26 with a grey market premium of Rs 41. The solar module manufacturer, with 4.5 GW capacity, plans expansion into cell manufacturing and battery storage. FY25 revenue stood at Rs 3,423 crore, with strong EBITDA and PAT growth.
Vikram Solar IPO allotment. Check Status, GMP and other details
Vikram Solar IPO's allotment status is out today, with shares to list on August 26. The IPO saw strong demand, subscribed 56.42 times overall. Investors can check allotment via MUFG Intime or NSE website using PAN, application number, or DP/Client ID. Successful allottees will receive shares in their demat accounts by August 25, with refunds initiated the same day.
Improvement in India-China ties will aid solar supply chain: Vikram Solar
A top official from Vikram Solar indicates that improved India-China relations will bolster the solar supply chain for Indian manufacturers, mitigating dumping concerns due to government measures like customs duties and the PLI scheme. The dependence on China for solar components has decreased to approximately 80%, with expectations of further decline in the coming years, fostering domestic market growth.
Vikram Solar IPO subscribed 6.2x on Day 3; GMP hints at 14% listing pop. Should you subscribe?
Vikram Solar’s Rs 2,079 crore IPO has drawn robust demand, with overall subscription at 6.17 times on Day 3, led by strong retail and NII interest. The grey market premium of Rs 48 hints at a 14.5% listing gain. Backed by rapid capacity expansion and strong domestic demand, analysts recommend subscribing despite current lower margins.
Vikram Solar IPO subscribed 4.56 times on day 2, GMP signals 14% listing pop. Should you subscribe?
Vikram Solar IPO: As of August 20, Vikram Solar’s IPO was commanding a grey market premium (GMP) of ₹48. Against the upper price band of ₹332, this translates to an estimated listing price of ₹380, indicating a potential 14.5% gain.
Vikram Solar IPO subscribed 1.52 times on Day 1; GMP at 18%. Should you apply? Check other key details
Vikram Solar IPO: According to market observers, Vikram Solar’s shares are currently trading at a grey market premium (GMP) of approximately 18% above the upper end of the issue price, which is Rs 332 per share. This suggests robust investor interest ahead of the company's stock market debut.
Vikram Solar IPO opens for subscription; GMP at 16%. Should you apply?
Vikram Solar launched its Rs 2,079-crore IPO for subscription. The IPO includes a fresh issue and an offer for sale. The company expects to raise about Rs 2,079 crore. The IPO has reserved shares for QIBs, retail investors, and NIIs. Vikram Solar plans to expand capacity and diversify into solar cell manufacturing. SBI Securities recommends subscribing to the issue.
Vikram Solar raises Rs 621 cr from anchor investors ahead of IPO
Vikram Solar garnered Rs 621 crore from anchor investors before its IPO launch. Prominent institutional investors participated in this round. The IPO, valued at Rs 2,079 crore, opens for subscription soon. The company plans to use the funds for capital expenditure. Vikram Solar's revenue and profit increased significantly in fiscal year 2025.
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