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.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets