Vikram Solar Secures SEBI Approval for ₹1,500 Cr IPO to Power Major Expansion

Vikram Solar Gets Approval for IPO

The IPO is a strategic move to raise capital for the company’s growth and enhance its market position. Vikram Solar is one of the top solar photovoltaic (PV) module manufacturers. The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) of its company. Top investment companies like JM Financial, Nuvama Wealth, UBS Securities India, Equirus Capital, and PhillipCapital (India) handle the IPO. The Link Intime…

Vikram Solar gets SEBI nod for IPO

Vikram Solar plans to use the net proceeds to partly fund the establishment of an integrated 3 GW solar cell and module manufacturing facility in the Tirunelveli district of Tamil Nadu, and to expand the solar module capacity at the same site from 3 GW to 6 GW. A portion of the funds will also be allocated for general corporate purposes.Vikram Solar Ltd, an Indian PV module manufacturer with a production capacity of 4.5 GW in fiscal 2025, has re…

Vikram Solar Secures SEBI Approval for ₹1,500 Cr IPO to Power Major Expansion

Vikram Solar Limited, one of India’s largest solar photovoltaic (PV) module manufacturers in terms of installed capacity, with more than 15 years of experience in the industry as of March […] The post Vikram Solar Secures SEBI Approval for ₹1,500 Cr IPO to Power Major Expansion appeared first on SolarQuarter.