{"id":44681,"date":"2025-08-16T10:07:10","date_gmt":"2025-08-16T04:37:10","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=44681"},"modified":"2025-08-16T10:22:56","modified_gmt":"2025-08-16T04:52:56","slug":"vikram-solar-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/","title":{"rendered":"Vikram Solar IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"44681\" class=\"elementor elementor-44681\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a07edbb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a07edbb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-850d3de\" data-id=\"850d3de\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae6ca27 elementor-widget elementor-widget-text-editor\" data-id=\"ae6ca27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Vikram Solar IPO is a bookbuilt issue of \u20b92,079.37 crore. It combines a fresh issue of 4.52 crore shares aggregating to \u20b91500.00 crore and an offer for sale of 1.75 crore shares aggregating to \u20b9579.37 crore.<\/p><p>The IPO opens for subscription on August 19, 2025, and closes on August 21, 2025. The allotment is expected to be finalized on Friday, August 22, 2025. The price band for the IPO is set at \u20b9315 to \u20b9332 per share, and the minimum lot size for an application is 45 shares.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-23eecc2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"23eecc2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bc4f75f\" data-id=\"bc4f75f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f66c9d2 elementor-widget elementor-widget-heading\" data-id=\"f66c9d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4749e22 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4749e22\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-69ae1b1\" data-id=\"69ae1b1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a671dfe elementor-widget elementor-widget-text-editor\" data-id=\"a671dfe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Incorporated in 2005, Vikram Solar Limited is a solar photovoltaic (\u201c PV\u201d) module manufacturer.<\/p><p>Manufacturing facilities located at:<\/p><p>Falta SEZ, Kolkata, West Bengal, and Oragadam, Chennai, Tamil Nadu.<\/p><p>The company has established a pan-India presence, serving 23 states and three union territories, through an extensive distributor network of 41 authorized distributors, 64 dealers, and 67 system integrators.<\/p><p>The company&#8217;s domestic customers include prominent government entities, such as National Thermal Power Corporation, Neyveli Lignite Corporation Limited, and Gujarat Industries Power Company Limited, and large private independent power producers (\u201cIPPs\u201d), such as ACME Cleantech Solutions Pvt. Ltd..<\/p><p>As of March 31, 2025, we have 1,612 employees and 974 contractual employees.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ac5c0dd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ac5c0dd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d68ae93\" data-id=\"d68ae93\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bdf19aa elementor-widget elementor-widget-heading\" data-id=\"bdf19aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Operations<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-22d0ef6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"22d0ef6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b24bd97\" data-id=\"b24bd97\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5ed3667 elementor-widget elementor-widget-text-editor\" data-id=\"5ed3667\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Solar Photovoltaic (PV) Module Manufacturing: Specializing in the production of high-efficiency solar PV modules, Vikram Solar caters to both domestic and international markets.<\/li><li>Engineering, Procurement, and Construction (EPC) Services: The company provides comprehensive EPC solutions for solar power projects, ensuring efficient project execution from design to commissioning.<\/li><li>Operations and Maintenance (O&amp;M): Vikram Solar offers O&amp;M services to optimize the performance and longevity of solar power installations.<\/li><\/ul><p>The company&#8217;s solar energy products consist of the following high-efficiency solar PV modules: (i) p-type monocrystalline silicon-based Passivated Emitter and Rear Contact (\u201cPERC\u201d) modules; (ii) n-type monocrystalline silicon-based Tunnel Oxide Passivated Contact (\u201cTOPCon\u201d) modules; and (iii) n-type monocrystalline silicon-based heterojunction technology (\u201cHJT\u201d) modules; all of these being either bifacial (glass-to-glass\/ glass-to-transparent back sheet) or monofacial (glass-to-white\/black back sheet) modules.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b66a62d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b66a62d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bfc0c51\" data-id=\"bfc0c51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44b1896 elementor-widget elementor-widget-heading\" data-id=\"44b1896\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Strengths<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-808d481 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"808d481\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ab7723c\" data-id=\"ab7723c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-108babe elementor-widget elementor-widget-text-editor\" data-id=\"108babe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>One of India\u2019s largest solar PV module manufacturers (3.50 GW capacity)<\/li><li>Strong R&amp;D and quality control systems<\/li><li>High technical expertise in solar PV module manufacturing<\/li><li>Established presence in domestic and international markets<\/li><li>Strong brand recognition and loyal customer base<\/li><li>Deep understanding of customer needs and focus on product quality<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f9184d2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f9184d2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9d493a3\" data-id=\"9d493a3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-140c9ba elementor-widget elementor-widget-heading\" data-id=\"140c9ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Financials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ab7bcc6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab7bcc6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-17a7446\" data-id=\"17a7446\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f32abb1 elementor-widget elementor-widget-text-editor\" data-id=\"f32abb1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td>Period Ended<\/td><td>31 Mar 2025<\/td><td>31 Mar 2024<\/td><td>31 Mar 2023<\/td><\/tr><tr><td>Assets<\/td><td>2,832.15<\/td><td>2,585.5<\/td><td>2,476.29<\/td><\/tr><tr><td>Revenue<\/td><td>3,459.53<\/td><td>2,523.96<\/td><td>2,091.91<\/td><\/tr><tr><td>Profit After Tax<\/td><td>139.83<\/td><td>79.72<\/td><td>14.49<\/td><\/tr><tr><td>EBITDA<\/td><td>492.01<\/td><td>398.58<\/td><td>186.18<\/td><\/tr><tr><td>Net Worth<\/td><td>0.86<\/td><td>-0.10<\/td><td>-0.08<\/td><\/tr><tr><td>Total Borrowing<\/td><td>932.6<\/td><td>192.16<\/td><td>113.07<\/td><\/tr><tr><td colspan=\"4\" rowspan=\"1\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Amount in \u20b9 Crore<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-247dd73 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"247dd73\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bb22fe1\" data-id=\"bb22fe1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b2d239d elementor-widget elementor-widget-heading\" data-id=\"b2d239d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Objectives of IPO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7b4da4b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b4da4b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-132a5ae\" data-id=\"132a5ae\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-86a5443 elementor-widget elementor-widget-text-editor\" data-id=\"86a5443\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Partial funding of capital expenditure for the Phase-I Project.<\/li><li>Funding of capital expenditure for the Phase-II Project<\/li><li>General Corporate Purposes<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ce2d21f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ce2d21f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a44dcf\" data-id=\"5a44dcf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bd7fb9a elementor-widget elementor-widget-heading\" data-id=\"bd7fb9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Promoters of the company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-edc6e3c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"edc6e3c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6265cfa\" data-id=\"6265cfa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dd62bd9 elementor-widget elementor-widget-text-editor\" data-id=\"dd62bd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Gyanesh Chaudhary, Gyanesh Chaudhary Family Trust and Vikram Capital Management Private Limited are the company promoters.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b1c1b34 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b1c1b34\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-da55728\" data-id=\"da55728\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c9381e elementor-widget elementor-widget-heading\" data-id=\"3c9381e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e10f377 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e10f377\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0800591\" data-id=\"0800591\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0bcc672 elementor-widget elementor-widget-text-editor\" data-id=\"0bcc672\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td>IPO Date<\/td><td>August 19, 2025 to August 21, 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>August 26, 2025<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9315 to \u20b9332 per share<\/td><\/tr><tr><td>Lot size<\/td><td>45 shares<\/td><\/tr><tr><td>Total Issue size<\/td><td>6,26,31,604 shares (aggregating upto \u20b92,079.37 Cr )<\/td><\/tr><tr><td>Fresh Issue<\/td><td>4,51,80,722 shares (aggregating upto \u20b91500.00 Cr )<\/td><\/tr><tr><td>Offer for Sale<\/td><td>1,74,50,882 shares of \u20b910 (aggregating upto \u20b9579.37 Cr )<\/td><\/tr><tr><td>Issue type<\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td>Listing at<\/td><td>NSE, BSE<\/td><\/tr><tr><td>Share Holding Pre Issue<\/td><td>31,65,36,309 shares<\/td><\/tr><tr><td>Share Holding Post Issue<\/td><td>36,17,17,031 shares<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-07f8270 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"07f8270\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-26e15b5\" data-id=\"26e15b5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8bde0b3 elementor-widget elementor-widget-heading\" data-id=\"8bde0b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Category Reservation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-67b9659 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"67b9659\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b142e9e\" data-id=\"b142e9e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74cf0de elementor-widget elementor-widget-text-editor\" data-id=\"74cf0de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td>Application Category<\/td><td>Maximum Bidding Limits<\/td><td>Bidding at Cut-off Price Allowed<\/td><\/tr><tr><td>Only RII<\/td><td>Up to Rs 2 Lakhs<\/td><td>Yes<\/td><\/tr><tr><td>Only sNII<\/td><td>Rs 2 Lakhs to Rs 10 Lakhs<\/td><td>No<\/td><\/tr><tr><td>Only bNII<\/td><td>Rs 10 Lakhs to NII Reservation Portion<\/td><td>No<\/td><\/tr><tr><td>Only employee<\/td><td>Up to Rs 2 lakhs<\/td><td>Yes<\/td><\/tr><tr><td>Employee + RII\/NII<\/td><td>1. Employee limit: Up to Rs 2 lakhs (In certain cases, employees are given a discount if the bidding amount is up to Rs 2 Lakhs) <br \/>2. If applying as RII: Up to Rs 2 Lakhs <br \/>3. If applying as NII: sNII &gt; Rs 2 Lakhs and upto Rs 10 Lakhs and bNII &gt; Rs 10 lakhs<\/td><td>Yes for Employee and RII\/NII<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-25666bd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"25666bd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f87792c\" data-id=\"f87792c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ae951b elementor-widget elementor-widget-heading\" data-id=\"1ae951b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Lot Allotment Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a5360f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a5360f1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f42d82c\" data-id=\"f42d82c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6a2e714 elementor-widget elementor-widget-text-editor\" data-id=\"6a2e714\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td>Application<\/td><td>Lots<\/td><td>Shares<\/td><td>Amount<\/td><\/tr><tr><td>Retail (Min)<\/td><td>1<\/td><td>45<\/td><td>\u20b914,940.00<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>585<\/td><td>\u20b91,94,220.00<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>630<\/td><td>\u20b92,09,160.00<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>66<\/td><td>2,970<\/td><td>\u20b99,86,040.00<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>67<\/td><td>3,015<\/td><td>\u20b910,00,980.00<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d7db0ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d7db0ee\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ebcc2de\" data-id=\"ebcc2de\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ef8bf0 elementor-widget elementor-widget-heading\" data-id=\"6ef8bf0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Allotment Schedule<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e5fa4d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e5fa4d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-50740ca\" data-id=\"50740ca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7ba87d elementor-widget elementor-widget-text-editor\" data-id=\"a7ba87d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td>Basis of Allotment<\/td><td>Fri, 22 Aug, 2025<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Mon, 25 Aug, 2025<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Mon, 25 Aug, 2025<\/td><\/tr><tr><td>Tentative Listing Date<\/td><td>Tue, 26 Aug, 2025<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on August 21, 2025<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-587b38b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"587b38b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-edc0562\" data-id=\"edc0562\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4883162 elementor-widget elementor-widget-heading\" data-id=\"4883162\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Reservation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-84fb054 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"84fb054\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fcbe2a2\" data-id=\"fcbe2a2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-745c38a elementor-widget elementor-widget-text-editor\" data-id=\"745c38a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td>Investor Category<\/td><td>Shares Offered<\/td><\/tr><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net Offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Net Offer<\/td><\/tr><tr><td>NII Shares Offered<\/td><td>Not less than 15% of the Net Offer<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9bb2386 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9bb2386\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-86b88f8\" data-id=\"86b88f8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-abbaac5 elementor-widget elementor-widget-text-editor\" data-id=\"abbaac5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To check allotment, <a href=\"https:\/\/in.mpms.mufg.com\/Initial_Offer\/public-issues.html\">click here<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d03b323 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d03b323\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a4c5cb3\" data-id=\"a4c5cb3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4c71d49 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"4c71d49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/novo.flattrade.in\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-66c61de elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"66c61de\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-f9d51cd\" data-id=\"f9d51cd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19927b0 elementor-widget elementor-widget-text-editor\" data-id=\"19927b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1><strong>Download NOVO App!<\/strong><\/h1>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bd6c33 elementor-widget elementor-widget-text-editor\" data-id=\"7bd6c33\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Invest in Zero-commission Direct Mutual funds,\u00a0<span style=\"font-family: Roboto, sans-serif; font-size: 16px; font-style: normal;\">IPO,<\/span><span style=\"font-family: Roboto, sans-serif; font-size: 16px; font-style: normal;\">\u00a0<\/span>Sovereign Gold bonds, Government bills, and Corporate bonds.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a35bb18 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a35bb18\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e3fc327\" data-id=\"e3fc327\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42e9d60 elementor-widget elementor-widget-image\" data-id=\"42e9d60\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"252\" height=\"71\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Play-store.webp\" class=\"attachment-medium size-medium wp-image-37217\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2de16d1\" data-id=\"2de16d1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b9669c elementor-widget elementor-widget-image\" data-id=\"8b9669c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"251\" height=\"69\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-App-Store.webp\" class=\"attachment-medium size-medium wp-image-37216\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b829943\" data-id=\"b829943\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aa65f13 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"aa65f13\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;tada&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"262\" height=\"300\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-262x300.webp\" class=\"attachment-medium size-medium wp-image-37219\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-262x300.webp 262w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-894x1024.webp 894w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-768x880.webp 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-1341x1536.webp 1341w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-1787x2048.webp 1787w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-450x516.webp 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-780x894.webp 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1-1600x1833.webp 1600w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/01\/Novo-Mobile-PNG-1.webp 1920w\" sizes=\"(max-width: 262px) 100vw, 262px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Vikram Solar IPO is a bookbuilt issue of \u20b92,079.37 crore. It combines a fresh issue of 4.52 crore&hellip;","protected":false},"author":7,"featured_media":44688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-44681","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"cs-entry","9":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vikram Solar IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vikram Solar IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Vikram Solar IPO is a bookbuilt issue of \u20b92,079.37 crore. It combines a fresh issue of 4.52 crore&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-16T04:37:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-16T04:52:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"thanushaa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"thanushaa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/\"},\"author\":{\"name\":\"thanushaa\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/c5f6bb7956a8e62b8e8a048fb0b6535e\"},\"headline\":\"Vikram Solar IPO\",\"datePublished\":\"2025-08-16T04:37:10+00:00\",\"dateModified\":\"2025-08-16T04:52:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/\"},\"wordCount\":702,\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png\",\"articleSection\":[\"IPOs\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/\",\"url\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/\",\"name\":\"Vikram Solar IPO - Flattrade Kosh\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png\",\"datePublished\":\"2025-08-16T04:37:10+00:00\",\"dateModified\":\"2025-08-16T04:52:56+00:00\",\"author\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/c5f6bb7956a8e62b8e8a048fb0b6535e\"},\"breadcrumb\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage\",\"url\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png\",\"contentUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/flattrade.in\/kosh\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Vikram Solar IPO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\",\"url\":\"https:\/\/flattrade.in\/kosh\/\",\"name\":\"Flattrade Kosh\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/flattrade.in\/kosh\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/c5f6bb7956a8e62b8e8a048fb0b6535e\",\"name\":\"thanushaa\",\"url\":\"https:\/\/flattrade.in\/kosh\/author\/thanushaa\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Vikram Solar IPO - Flattrade Kosh","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Vikram Solar IPO - Flattrade Kosh","og_description":"Vikram Solar IPO is a bookbuilt issue of \u20b92,079.37 crore. It combines a fresh issue of 4.52 crore&hellip;","og_url":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/","og_site_name":"Flattrade Kosh","article_published_time":"2025-08-16T04:37:10+00:00","article_modified_time":"2025-08-16T04:52:56+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png","type":"image\/png"}],"author":"thanushaa","twitter_card":"summary_large_image","twitter_misc":{"Written by":"thanushaa","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#article","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/"},"author":{"name":"thanushaa","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/c5f6bb7956a8e62b8e8a048fb0b6535e"},"headline":"Vikram Solar IPO","datePublished":"2025-08-16T04:37:10+00:00","dateModified":"2025-08-16T04:52:56+00:00","mainEntityOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/"},"wordCount":702,"image":{"@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png","articleSection":["IPOs"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/","url":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/","name":"Vikram Solar IPO - Flattrade Kosh","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/#website"},"primaryImageOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage"},"image":{"@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png","datePublished":"2025-08-16T04:37:10+00:00","dateModified":"2025-08-16T04:52:56+00:00","author":{"@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/c5f6bb7956a8e62b8e8a048fb0b6535e"},"breadcrumb":{"@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#primaryimage","url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png","contentUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2025\/08\/IPO-vikram-1200x628-1.png","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/flattrade.in\/kosh\/vikram-solar-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/flattrade.in\/kosh\/"},{"@type":"ListItem","position":2,"name":"Vikram Solar IPO"}]},{"@type":"WebSite","@id":"https:\/\/flattrade.in\/kosh\/#website","url":"https:\/\/flattrade.in\/kosh\/","name":"Flattrade Kosh","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/flattrade.in\/kosh\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/c5f6bb7956a8e62b8e8a048fb0b6535e","name":"thanushaa","url":"https:\/\/flattrade.in\/kosh\/author\/thanushaa\/"}]}},"_links":{"self":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/44681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/comments?post=44681"}],"version-history":[{"count":0,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/44681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media\/44688"}],"wp:attachment":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media?parent=44681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/categories?post=44681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/tags?post=44681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}