Vikram Solar Ltd. IPO

Vikram Solar Limited is an Indian company based in Kolkata, the largest solar module manufacturer in India (by capacity) with 2.5 GW module manufacturing capacity annually and the second-largest solar energy company in India by revenue. The company's primary business focus is manufacturing solar PV modules and also carries out engineering, procurement and construction services and operations & maintenance of solar power plants.

RHP
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DRHP
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Open Date

Not Issued

Close Date

Not Issued

Vikram Solar Ltd. IPO Details

Check out the issue details for Vikram Solar Ltd. IPO as disclosed in SEBI.

Price Band

Not Issued

Issue Size

1500 Cr.

Issue Type

Book Built

Open

Not Issued

Close

Not Issued

Vikram Solar Ltd. News

Vikram Solar files DRHP with SEBI to raise Rs 1,500 crore via IPO 1 Oct, 3:24PM Vikram Solar files draft papers to raise funds through IPO 29 Mar, 4:08PM

Company Financials

You can get the following financial statements of Vikram Solar Ltd. as of now.

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Vikram Solar Ltd IPO Valuation

The approx valuation of Vikram Solar Ltd IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs __
Existing Shares (Qty) 25.88 Cr
EPS (FY21) Rs 1.48

 

Vikram Solar Ltd IPO Issue Size

Vikram Solar Ltd IPO issue size is 1500 Cr 

Issue Amount
Fresh Issue 1500 Cr
Offer For Sale  0 Cr 

 

Vikram Solar Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of _ shares and a maximum of 13 lots of _ shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 _ Rs _
 Maximum 13 _ Rs _

 

Vikram Solar Ltd IPO share offer

The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%
Employees Not disclosed

 

The dates have not been issued now. Please visit this page later

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1530.44 1576.59 1700.47 2006.48 2440.82
Total Expenditure 1413.89 1402.31 1647.35 1824.64 2049.04
Operating Profit 116.55 174.28 53.12 181.85 391.78
Other Income 24.58 17.69 12.82 20.13 15.26
Interest 94.89 99.45 102.87 123.44 157.17
Depreciation 36.72 38.75 47.92 63.92 137.99
Exceptional Items 0 0 0 0 -11.64
Profit Before Tax 9.52 53.77 -84.86 14.62 100.24
Provision for Tax 3.48 16.63 -24.72 1.92 33.43
Net Profit 6.04 37.14 -60.14 12.7 66.82
Adjusted EPS (Rs.) 0.02 0.14 -0.23 0.05 0.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 27.93 23.53 258.83 258.83 258.83
Total Reserves 349.88 400.83 107.98 128.68 201.51
Borrowings 187.1 229.63 263.93 214.23 198.68
Other N/C liabilities 122.38 123.63 139.14 595.06 527.93
Current liabilities 975.95 1015.56 1452.72 1248.75 1410.96
Total Liabilities 1663.23 1793.18 2222.6 2445.54 2597.92
Assets
Net Block 356.38 381 541.6 627.05 492.62
Capital WIP 10.91 66.06 2.94 7.3 12.67
Intangible WIP 0 0.49 0.63 0.73 0
Investments 28.2 27.64 30.97 34.94 43.61
Loans & Advances 75.36 65.69 9.49 55.82 64.48
Other N/C Assets 1.39 18.51 57.9 4.77 4.55
Current Assets 1190.99 1233.79 1579.06 1714.93 1979.99
Total Assets 1663.23 1793.18 2222.6 2445.54 2597.92
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 9.52 53.77 -84.86 14.62 100.24
Adjustment 135.18 114.81 150.99 178.83 365.28
Changes in Assets & Liabilities 90.16 -157.64 149.39 -17.97 -285.34
Tax Paid -3.92 8 -8.09 -2.1 -9.7
Operating Cash Flow 230.94 18.94 207.43 173.37 170.48
Investing Cash Flow -37.89 -50.76 -157.46 -88.7 -82.02
Financing Cash Flow -174.32 5.39 -36.22 -100.49 -81.03
Net Cash Flow 18.74 -26.43 13.75 -15.82 7.44
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