VIKRAM SOLAR SHARES
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.
Trump's 50% tariffs put India's billionaire families in the crosshairs
Donald Trump's imposition of 50% tariffs on Indian goods has sparked concerns among India's top business families, particularly those with significant exports to the US. Companies like Reliance Industries, Adani Group, and ArcelorMittal face potential setbacks due to these tariffs, impacting their revenue and export strategies.
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.
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.
TPG-backed SK Finance said to shelve Rs 1,600 crore IPO after weak demand
SK Finance, backed by TPG Inc., has shelved its planned Indian IPO due to insufficient investor demand, even after reducing the valuation and offer size to 16 billion rupees. The non-bank lender, focusing on vehicle financing and small loans, secured regulatory approval in August 2024, which is expiring soon.
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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.
India boosts space self-reliance with new indigenous integrated circuits for launch vehicles
ISRO, collaborating with MeitY's SCL, has developed indigenous ICs for launch vehicle avionics, reducing import dependence and costs. SCL Chandigarh has been building space processors, including the VIKRAM series. India's space sector is now open to private companies, with startups innovating in rocket launches, satellite technology, and Earth observation, driving India towards becoming a space powerhouse.
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.
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 shifts expansion focus to Tamil Nadu, Bengal unit to see limited growth
Vikram Solar Ltd, an Indian solar panel manufacturer, is significantly expanding its production capacity, targeting 17.5 GW for modules and 12 GW for cells by FY27. While maintaining its West Bengal presence, the company will focus new projects in Tamil Nadu, including an integrated solar cell and module facility.
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 raises Rs 621 crore from anchor investors ahead of IPO
Vikram Solar garnered ₹621 crore from anchor investors on Monday, ahead of its initial public offering. Prominent institutional investors like Goldman Sachs Fund, Morgan Stanley India Investment Fund, and BNP Paribas participated in the anchor round. Several mutual funds, including UTI MF, Franklin Templeton MF, and Kotak Mahindra MF, were also allotted shares.
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.
Vodafone Idea shares jump 2% as telco explores non-banking funding for capex continuity
Vodafone Idea's outgoing CEO, Akshaya Moondra, said the telco is exploring non-banking funding options to maintain its capex plans. Banks are awaiting clarity on the AGR issue before extending fresh loans, keeping funding challenges at the forefront.
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.
Vikram Solar IPO: GMP falls to 17% ahead of Tuesday launch. Check details
Vikram Solar has fixed its IPO price band at Rs 315–332 per share. The issue comprises a fresh issue of up to Rs 1,500 crore along with an offer-for-sale of 1.74 crore shares by existing shareholders. At the upper end of the band, the offer-for-sale amounts to Rs 579.36 crore, bringing the total IPO size to Rs 2,079.36 crore.
Trump-Putin talk, GST reform and FII action among 9 factors to impact stock markets this week
Indian benchmark indices finally ended their six-week losing spree to end 1% higher every week. A host of important domestic and global events scheduled for the week are likely to impact stock markets when they resume trading on Monday.
Vikram Solar says co evaluating plans to set up manufacturing unit in the US
Vikram Solar is considering establishing a US manufacturing plant, potentially investing $1.5 billion in a 3 GW solar photovoltaic module facility as part of its expansion plans. The company, which is launching a Rs 2,079 crore IPO, aims to use the funds to support its subsidiary, VSL Green Power.
Vikram Solar fixes Rs 315-332 price band for IPO. Check GMP, key dates, other details
Vikram Solar IPO: Vikram Solar has set a price band of Rs 315–Rs 332 for its ₹2,079.36 crore IPO opening on August 19, comprising a Rs 1,500 crore fresh issue and Rs 579.36 crore OFS. Minimum bid is 45 shares. The IPO is priced at a P/E of 68.48–72.17x FY25 EPS, higher than the peer average of 44.28x.
Kotak Equities flags risks for Waaree, Premier Energies as US starts antidumping investigation, shares slide up to 2%
Shares of Waaree and Premier Energies fell after Kotak highlighted risks from a US antidumping probe into solar imports from India. With Waaree heavily exposed to US markets, it faces higher impact. Kotak maintained 'sell' ratings, warning that the investigation could disrupt expected recovery in Indian solar exports.
NSE, NSDL shares slide up to 21% from peaks. What’s behind the selling pressure in unlisted market?
India's unlisted equity market faces a sharp correction. Shares of NSE, NSDL, and Tata Capital decline from recent peaks. HDB Financial's discounted IPO and regulatory actions against Jane Street impact market sentiment. Tata Capital's rights issue adds to valuation concerns. Analysts suggest a broader valuation reset is underway. Investors are advised to be cautious of valuations and growth potential.
Tata Capital, LG, NSDL among big-ticket IPOs ready to hit Dalal Street this year
India's IPO market is gearing up for a strong second half with Tata Capital, LG Electronics India, NSDL, and others set to hit Dalal Street. Over 70 firms have SEBI approval, signalling robust investor appetite and a packed primary market calendar ahead.
India renewable power output grows at fastest pace in three years
India's renewable power output surged by 24.4% in the first half of 2025, marking its fastest growth since 2022, driven by increased wind and solar capacity. Consequently, coal-fired generation declined by nearly 3% amidst slower overall power output growth. India aims for 500 GW of non-fossil fuel capacity by 2030, with grid modernization being crucial for renewable integration.
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