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

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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

Company Financials

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

Subscription Details

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

 

Allotment Details

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

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1937.96 1530.44 1576.59 1700.47 2006.48
Total Expenditure 1781.09 1413.89 1402.31 1647.35 1824.64
Operating Profit 156.87 116.55 174.28 53.12 181.85
Other Income 14.39 24.58 17.69 12.82 20.13
Interest 91.41 94.89 99.45 102.87 123.44
Depreciation 27.92 36.72 38.75 47.92 63.92
Exceptional Items 0 0 0 0 0
Profit Before Tax 51.93 9.52 53.77 -84.86 14.62
Provision for Tax 17.1 3.48 16.63 -24.72 1.92
Net Profit 34.83 6.04 37.14 -60.14 12.7
Adjusted EPS (Rs.) 0.11 0.02 0.14 -0.23 0.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 27.93 27.93 23.53 258.83 258.83
Total Reserves 334.61 349.88 400.83 107.98 128.68
Borrowings 203.57 187.1 229.63 263.93 214.23
Other N/C liabilities 60.11 122.38 123.63 139.14 595.06
Current liabilities 821.53 975.95 1015.56 1452.72 1248.75
Total Liabilities 1447.75 1663.23 1793.18 2222.6 2445.54
Assets
Net Block 335.3 356.38 381 541.6 627.05
Capital WIP 9.92 10.91 66.06 2.94 7.3
Intangible WIP 1.93 0 0.49 0.63 0.73
Investments 12.68 28.2 27.64 30.97 34.94
Loans & Advances 55.92 75.36 65.69 9.49 8.43
Other N/C Assets 0.32 1.39 18.51 57.9 52.17
Current Assets 1031.68 1190.99 1233.79 1579.06 1714.93
Total Assets 1447.75 1663.23 1793.18 2222.6 2445.54
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 51.93 9.52 53.77 -84.86 14.62
Adjustment 107.97 135.18 114.81 150.99 178.83
Changes in Assets & Liabilities 110.97 90.16 -157.64 149.39 -17.97
Tax Paid -21.39 -3.92 8 -8.09 -2.1
Operating Cash Flow 249.48 230.94 18.94 207.43 173.37
Investing Cash Flow -38.77 -37.89 -50.76 -157.46 -88.7
Financing Cash Flow -202.57 -174.32 5.39 -36.22 -100.49
Net Cash Flow 8.14 18.74 -26.43 13.75 -15.82
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